Inox India Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Inox India Ltd IPO
Registered Office: 9th Floor,K P Platina Racecourse , Vadodara - 390007 , Gujarat , India. Phone : +91 265 6160100 Fax: Email : secretarial.in@inoxcva.com Website : www.inoxcva.com
Initial public offering of 22,110,955* equity shares of face value of (Rs)2 each ("Equity Shares") of Inox India Limited (the "Company" or the "Issuer") for cash at a price of (Rs)660 per equity share (including a share premium of (Rs)658 per equity share) ("Offer Price") aggregating to (Rs)1459.32 crores* (the "Offer"). The offer comprises an offer for sale of 22,110,955* equity shares of face value of (Rs)2 each ("Offered Shares") aggregating to (Rs)1459.32 crores, comprising 10,437,355 equity shares aggregating to (Rs)688.87 crores* by Siddharth Jain, 5,000,000* equity shares aggregating to (Rs)330.00 crores* by Pavan Kumar Jain, 5,000,000* equity shares aggregating to (Rs)330.00 crores* by Nayantara Jain, 1,200,000* equity shares aggregating to (Rs)79.20 crores* by Ishita Jain (collectively referred to as the "Promoter Selling Shareholders"), 230,000* equity shares aggregating to (Rs)15.18 crores* by Manju Jain, 190,000* equity shares aggregating to (Rs)12.54 crores by Lata Rungta, 13,400 equity shares aggregating to (Rs)0.88 crores* by Bharti Shah, 13,400* equity shares aggregating to (Rs)0.88 crores* by Kumud Gangwal, 13,400* equity shares aggregating to (Rs)0.88 crores* by Suman Ajmera, and 13,400* equity shares aggregating to (Rs)0.88 crores* by Rajni Mohatta (collectively referred to as the "Other Selling Shareholders"), (other selling shareholders together with the promoter selling shareholders, collectively referred to as the "Selling Shareholders"). The offer shall constitute 24.36% of the post-offer paid-up equity share capital of the company. The face value of the equity share is (Rs)2 each. The offer price is 330 times the face value of the equity shares. *Subject to finalisation of the basis of allotment.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
14-Dec-23	18-Dec-23	(Rs)660.00-0.00	(Rs)0.00-0.00
Minimum Application for shares in Nos :22 Further Multiples of :22

(Rs Cr)

Lead Managers to the Issue

Project Cost

0.00

Axis Capital Ltd

Project Financed through Current Offer

1459.32

Post Issue Equity Share Capital

18.15

Issue Price

(Rs)660.00

Projects

Listing of the Equity Shares on the Stock Exchanges

Promoted By
Pavan Kumar Jain
Nayantara Jain
Siddharth Jain

Listing At
BSE
NSE

Registrar to the Issue

KFin Techologies Ltd