Public issue of 339,800,000 equity shares of Rs. 10 each of Indiabulls Power Limited. ("IPL" or The "Company" or The "Issuer") for cash at a price of Rs. 45 per equity share (including a share premium of Rs. 35 per equity share) aggregating to Rs. 1529.10 crores (The "Issue"). There will also be a green shoe option of up to 50,900,000 equity shares for cash at a price of Rs. 45 per equity share aggregating to Rs. 229.05 crores (The "Green Shoe Option"). The issue and the green shoe option, if exercised in full, will aggregate to 390,700,000 equity shares amounting to Rs. 1758.15 crores. The issue constitute 16.98 % of the fully diluted post issue paid-up capital of the company assuming that the green shoe option is not exercised and will constitute 19.04 % assuming that the green shoe option is exercised in full.
Issue Price: Rs. 45 per equity share of face value of Rs. 10 each
The Issue Price is 4.5 times the face value
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