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Sterling & Wilson Solar Ltd

Registered Office: 9th Floor Universal Majectic,P L Lokhande Marg Chembur (W), Mumbai - 400043, Maharashtra, India.
Phone : 91-22-2548 5300   Fax:
Email :  
Website :

Initial public offering of 36,533,820* equity shares of face value of Re. 1 each ("equity shares") of Sterling and Wilson Solar Limited ("the company" or the "issuer") for cash at a price of Rs. 780 per equity share ("offer price") aggregating to Rs. 2849.64* crores, comprising of an offer for sale of to 24,355,880* equity shares by Shapoorji Pallonji and Company Private Limited aggregating to Rs. 1899.76* crores and 12,177,940* equity shares by Khurshed Yazdi Daruvala aggregating to Rs. 949.88* crores (together, the "promoter selling shareholders") and such equity shares offered by the promoter selling shareholders (the "offered shares") (the "offer"). The offer constitutes 22.78% of the post-offer paidup equity share capital of the company. **subject to finalisation of the basis of allotment The face value of equity shares is Re. 1 each Offer Price: Rs.780 per equity share of face value of Re. 1 each. The Offer Price is 780 Times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
06-Aug-19 08-Aug-19 780.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 19   Further Multiples of : 19
  Rs Cr Lead Managers to the Issue
Project Cost 0.00 Axis Capital Ltd
Project Financed through Current Offer 2,849.64  
Post Issue Equity Share Capital 16.04  
Issue Price 780.00  


  • Listing of Shares on the Stock Exchanges

Promoted By

Shapoorji Pallonji & Co PvtLtd

Khurshed Yazdi Daruvala

Listing At



Registrar to the Issue

Link Intime India Pvt Ltd