Bookbuilding IPO | ₹1,496 Cr | Listed at BSE, NSE | Fri, Sep 23, 2005 - Thu, Sep 29, 2005
Suzlon Energy IPO is a book build issue of ₹1,496.34 crores. The issue is a combination of fresh issue of 2.68 crore shares aggregating to ₹1,364.90 crores and offer for sale of 0.26 crore shares aggregating to ₹131.44 crores.
Suzlon Energy IPO bidding started from Sep 23, 2005 and ended on Sep 29, 2005. The shares got listed on NSE and BSE on Oct 19, 2005.
Suzlon Energy IPO is set final issue price at ₹510 per share.
JM Morgan Stanley Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Suzlon Energy IPO RHP for detailed Information.
IPO Open
Fri, Sep 23, 2005
IPO Close
Thu, Sep 29, 2005
Issue Price
₹510 per share
Market Cap (Pre-IPO)
₹14,664.10 Cr
| IPO Date | 23 to 29 Sep, 2005 |
| Listed on | Wed, Oct 19, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹425 to ₹510 |
| Issue Price | ₹510 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,93,40,000 shares (agg. up to ₹1,496 Cr) |
| Fresh Issue | 2,67,62,680 shares (agg. up to ₹1,365 Cr) |
| Offer for Sale | 25,77,320 shares of ₹10 (agg. up to ₹131 Cr) |
| Share Holding Pre Issue | 26,07,68,700 shares |
| Share Holding Post Issue | 28,75,31,380 shares |
| BSE Script Code / NSE Symbol | 532667 / SUZLON |
| ISIN | INE040H01021 |
Suzlon Energy IPO comprises a total issue size of 2,93,40,000 shares. The net offer to the public is 2,87,55,000 shares, after excluding 5,85,000 shares under a preferential allotment. Of the Net offer 1,72,53,000 (60.00%) are allocated to QIB, 28,75,500 (10.00%) allocated to NII 86,26,500 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 1,72,53,000 | 60.00% | 58.80% |
| NII (HNI) Shares Offered | 28,75,500 | 10.00% | 9.80% |
| Retail Shares Offered | 86,26,500 | 30.00% | 29.40% |
| Preferential Reservations | |||
| Employee Shares Offered | 5,85,000 | 1.99% | |
| Total Shares Offered | 2,93,40,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII 'OR' NII limits | Yes (EMP/RII) |
Suzlon Energy Ltd. is a global energy solutions provider based in Pune, India, founded in 1995. It is a vertically integrated wind turbine manufacturer (WTG) with over 21.5 GW installed across 17 countries. Suzlon focuses on wind and solar projects, offering end-to-end solutions, from design to operations and maintenance.
Suzlon designs, develops, and manufactures key wind turbine components in-house, including rotor blades, nacelles, generators, and towers, primarily through its manufacturing facilities in India.
The company produces advanced wind turbine generators, including the 2.x MW and 3.x MW series. They also provide comprehensive O&M services, servicing over 10,000 wind turbines worldwide with a total portfolio exceeding 15.5 GW.
With 30 years of experience, Suzlon has built a diverse client portfolio across Asia, Australia, Europe, Africa, and the Americas.
Suzlon is committed to green energy, with plans for Net-Zero by 2040 and a focus on wind-solar hybrid solutions.
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 2,087.38 | 1,010.66 | 594.35 |
| Total Income | 1,965.92 | 874.86 | 269.71 |
| Profit After Tax | 385.86 | 125.06 | 26.90 |
| NET Worth | 903.92 | 369.63 | 258.66 |
| Reserves and Surplus | 702.36 | 330.50 | 245.70 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up and expansion of manufacturing facilities in India | 195.04 |
| 2 | Capitalisation of Subsidiaries | 352.49 |
| 3 | New corporate house and corporate learning centre | 96.79 |
| 4 | Redemption of Preference Shares allotted to the Private Equity Investors | 100.00 |
| 5 | Growth opportunities in domestic and international markets | 573.58 |
| Total | 1,317.90 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 46.0% |
| Price to Book Value | 5.44 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 14.80 | 13.42 |
| P/E (x) | 34.47 | 38 |
| Promoter Holding | 76.94% | 69.78% |
| Market Cap | ₹14,664.10 Cr. |
The Suzlon Energy IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 45.95 | 2,93,40,000 | 1,34,80,67,229 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management fees and underwriting commissions | 27.00 |
| 2 | Advertising and Marketing expenses | 3.30 |
| 3 | Printing and stationery | 5.70 |
| 4 | Registrars | 1.00 |
| 5 | Others (monitoring agent, legal fee, etc.) | 10.00 |
| Total | 47.00 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹510.00 | ₹510.00 |
| Open | ₹639.00 | ₹640.00 |
| Low | ₹580.25 | ₹565.00 |
| High | ₹698.70 | ₹697.00 |
| Last Trade | ₹692.85 | ₹690.50 |
Suzlon Energy IPO is a main-board IPO of 2,93,40,000 equity shares of the face value of ₹10 aggregating up to ₹1,496 Crores. The issue is priced at ₹510 per share. The minimum order quantity is .
The IPO opens on Fri, Sep 23, 2005, and closes on Thu, Sep 29, 2005.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Suzlon Energy IPO using UPI as a payment gateway. Zerodha customers can apply in Suzlon Energy IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Suzlon Energy IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Suzlon Energy IPO opens on Fri, Sep 23, 2005 and closes on Thu, Sep 29, 2005.
Suzlon Energy IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Suzlon Energy IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Suzlon Energy IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Suzlon Energy IPO allotment status.
The Suzlon Energy IPO listing date is on Wed, Oct 19, 2005.
