anish

Originally Posted by anish

INDOSOLAR LIMITED


Issue Open: September 13, 2010
Issue close: September 15, 2010
Price Band: Rs. 29 - Rs. 32 Per Equity Share
Minimum Bid Size: 200 Equity Shares
Face Value: Rs. 10 Per Equity Share
Book Building at: 100% Book Building
Maximum Subscription Amount for Retail Investor: Rs. 100000



INDOSOLAR LIMITED :

Incorporated in 2005, Indosolar Limited is a leading Indian manufacturer for photovoltaic cells. Indosolar manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the photo-voltaic effect. Indosolar Ltd market and sell their products to primarily module manufacturers on a business-to-business platform, who in turn supply to the system integrators who install the systems for grid and off-grid (roof top) applications for use in the domestic market as well as markets in Europe, Spain, Japan, Asia, Canada and USA.

IPO Grading / Rating:

CRISIL has assigned an IPO Grade 3 to Indosolar Limited IPO.
This means as per CRISIL, company has ' Average Fundamentals'.