Sterling and Wilson Solar Limited Rs 775 to Rs 780 From to
About Company Sterling and Wilson Solar Limited permalink
Sterling and Wilson Solar Limited was established in 2011 . Currently, it is having head office in Maharshtra. SWSOLAR works in the sector of The company's business is in Solar Energy and power. . SWSOLAR has experience of Well experienced of 9 years Company. .
The company's products are related to Solar Energy and power. There are so many company against its comparison but possibility to stand in the market with fundamentally is only one this Sterling and wilson Solar Ltd.,
The company's revenue is Rs.4900.33 Cr. as per available data. The company's net profit is Rs.311.44 Cr. as per available data. Khurshed Yazdi Daruvala,
SWSOLAR IPO issue open date is 6th August 2019 and close date is 8th August 2019 . The face value for Sterling and Wilson Solar Limited IPO is Rs 1 per equity share. The total IPO size is approx Rs 3125 crore.
The price band for SWSOLAR is Rs 775 to Rs 780. The lot size for SWSOLAR IPO is a minimum of 19 shares to maximum 247 shares. This IPO will be listed on BSE and NSE. SWSOLAR IPO total equity is 40322580 shares.
SWSOLAR IPO Market Lot and Investment Amount permalink
To invest in Sterling and Wilson Solar Limited's initial public offering starting from 6th August 2019 you need to invest minimum Rs 14725, however you can also invest up to Rs 192660, considering the upper price of IPO Rs 780 and maximum allottable shares (247 shares). To apply for the maximum number of share you need to bid for 13 lots, one lot is having 19 shares.
SWSOLAR IPO was subscribed only Under 0.9131 Times times. Which is considered as a poor subscription compared to other IPOs. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 12338709 shares and received bids for 12096773 shares which is 0.9804 times of total meant for QIB category.
Sterling and Wilson Solar Limited's IPO was subscribed 9% on the first day.
Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 6048387 and bid for 5383064 shares received . Bid from NII for Sterling and Wilson Solar Limited's IPO is 0.89 times of total meant for NII category.
Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 4032258 and bid for 1209677 shares received . Bid from RII for SWSOLAR's IPO is 0.3 times of total meant for RII category.
The total number of shares offered were 22177419 and bid for 18850806 shares received .