Samco securities limited

Sterling and Wilson Solar ltd IPO

Sterling and wilson solar ltd

Issue Open

Aug 06, 2019

Price Band

₹ 775 - ₹ 780

Issue Size

₹ 3125 Cr

Issue Close

Aug 08, 2019

Bid Lot

19

Listing Exchange

NSE, BSE

Issue Type

Book Building Issue

Minimum Order Quantity

19

Face Value

Rs 1 per equity shares

Listing At

Aug 20, 2019

About the company:

Company Info

Sterling and wilson solar ltd is a mumbai based solar engineering, procurement and construction (EPC) solutions provider. The company is engaged in end to end implementation, meaning conceptualizing to commissioning of any project. 

Date of Incorporation

Sterling and wilson solar ltd was initially incorporated as Rashmika Energy Private Limited on 9th March 2017 as a private limited entity. On January 2019, it was converted into a public limited company. 

Promoters of the company

Shapoorji Pallonji and Company Private Limited and Khurshed Yazdi Daruvala are the promoters of the company 

Object of the Issue

  • - To leverage the benefits of listing on the Stock Exchanges.

  • - To enhance visibility and brand image.

 Strengths of the company

  • - Largest global solar EPC solutions provider 

  • - Comprehensive end-to-end EPC solutions provider with a global execution track record

  • - A dedicated design and engineering team focused on innovation

  • - Strong relationships with customers and other key stakeholders 

Company financials

Particulars

For the year/period ended (in Rs. 10 Lakhs)


31-Mar-19

31-Mar-18

31-Dec-17

Total Assets

53,919.19

49,203.81

35,701.70

Total Revenue

82,404.08

68,717.08

32,324.81

Profit After Tax

6,382.33

4,505.35

1,733.62

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