247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Indosolar Limited IPO (Indosolar IPO) Details

Indosolar Limited is an Solar based company, located in New Delhi, Indosolar Limited IPO size was 357.00 Cr. and was issued at 29.00 per share. The share of Indosolar Limited were listed at 23.70 per share and are currently trading at per share.

Type :
Sub Sector : Manufacturing Of Photovoltiac Cells Technology
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
18.88 Cr.

PAT :
-66.38 Cr.

Pricing Report

Issue Price :
29.00

Listing Price :
23.70

Current Market Price :

Issue Price vs CMP :
29 (100.00%)

listing Price vs CMP :
23.7 (100.00%)

Performance Report (CAGR* wise)

CAGR : -100
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Indosolar

Company Information
Indosolar Limited manufactures poly-crystalline solar photovoltaic (SPV) cells from silicon wafers, utilizing crystalline silicon SPV cell technology to convert sunlight directly into electricity through the photovoltaic effect. It markets and sells its products primarily to module manufacturers on a business-to-business (B2B) platform. These module manufacturers, in turn, supply to system integrators who install the systems for both grid and off-grid (rooftop) applications in the domestic market, as well as in international markets such as Europe, Spain, Japan, Asia, Canada, and the USA.

The company
Object of Issue
  • to finance the expansion of their annual manufacturing capacity for SPV cells by adding a third line of 00 MW, ("Line " and
  • for general corporate purposes

Indosolar MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2010
IPO Size :
357.00 Cr.
IPO Subscription :
1.55 X     
PE Multiple :
0.00
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Link Intime India Private Limited

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other MainBoard IPOs in New Delhi


ACME Solar Holdings Limited

  renewable energy projects and power generation.

  New Delhi


Action Construction Equipment Limited

  construction equipments manufacturing

  New Delhi


Peer Companies Of This Sector

FAQs

Indosolar operates in Solar and Manufacturing Of Photovoltiac Cells Technology. The Issue is listed on MainBoard in Sep, 2010. Indosolar IPO size was 357.00 Cr. with Issue price of 29.00 .

Merchant Banker(s) of Indosolar IPO: Axis Capital Limited

Indosolar IPO subscription was 1.55 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Indosolar IPO listed at a listing price of 23.70 against the offer price of 29.00.

The current market price of Indosolar is .

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency