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INOX Wind Ltd files DRHP for public issue

INOX Wind Ltd, a subsidiary of Gujarat Fluorochemicals Ltd has proposed public issue of equity shares.

The company has proposed public issue of its equity shares through 100% book building method in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and has filed a Draft Red Herring Prospectus with the Securities and Exchange Board of India on July 5, 2013.

The proposed issue consists of a fresh issue of up to Rs. 7000 million and an offer for sale up to 20,000,000 equity shares by Gujarat Fluorochemicals Limited.

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