We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar. The material published on the blog is of general and educational information only and is not suitable for trading purpose.

Inox Wind IPO Issue Opens Soon - Check it Now !!

Inox Wind Ltd (IWL) IPO Issue is opening on 18th March, 2015 and will be valid till 20 Mar 2015. The fresh issue size is targeted to raise Rs700 crore, which would be used by the company, while the proceeds (expected to be around Rs320 crore) from the offer for sale would go to the promoter company. You can check Adlabs Entertainment IPO here whose date for subscription has been extended.

Inox Wind which is promoted by GFL, part of Inox group of companies is one of India’s leading wind power solutions providers. Company manufactures wind turbine generators, or WTGs, and provide turnkey solutions by supplying WTGs and offering services including wind resource assessment, site acquisition, infrastructure development, erection and commissioning, and also long term operations and maintenance of wind power projects. Company manufacture the key components of WTGs in-house while it manufacture nacelles and hubs at its Una Unit, located in Himachal Pradesh. Also, co’s rotor blade manufacturing facility and its tower manufacturing facility are housed in Rohika Unit, located in the Ahmedabad district of Gujarat.

Company have also commenced construction of a new integrated manufacturing facility at Barwani, Madhya Pradesh to produce nacelles and hubs, rotor blade sets and towers. Through its wholly owned subsidiaries, Inox Wind Infrastructure Services Limited (“IWISL”) and Marut-Shakti India Limited ("MSEIL") company provide turnkey solutions for wind farm projects.




Inox Wind with its robust financial performance, well recognized promoter group, healthy order book & strong business potential looks an attractive issue to deploy the funds in. Hence, we recommend “Subscribe” on issue and reason for same are as appended below:
  • Conducive macro environment; promising growth opportunities.
  • Access to superior technology and project execution capability.
  • Strong order book and adding substantial capacity.
  • Strong earnings growth potential with high return ratios.
  • IWL would attract scarcity premium.
Consult your financial advisor before investing in the offer. Check latest Indian IPO open for subscription here.

Most Visited Stocks - Click to Visit Link

 
We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9