Suzlon Energy Ltd Right Issue

₹1,200.00 Cr BSE, NSE 11 Oct 2022 – 20 Oct 2022

Closed BSE, NSE
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Issue Price
₹5.00
Face Value
₹2.00
Issue Size (Shares)
2,400,000,000
Issue Size (₹ Cr.)
₹1,200.00
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateTue, Oct 4, 2022
Credit of Rights EntitlementsMon, Oct 10, 2022
Bid/Offer Opens OnTue, Oct 11, 2022
Issue Open DateTue, Oct 11, 2022
Renunciation Last DateFri, Oct 14, 2022
Bid/Offer Closes OnThu, Oct 20, 2022
Issue Close DateThu, Oct 20, 2022
Deemed Date of AllotmentMon, Oct 31, 2022
Credit DateTue, Nov 1, 2022
Listing DateThu, Nov 3, 2022
📋 Right Issue Details
Issue Size (Shares)2,400,000,000
Issue Size (Amount)₹1,200.00 Cr.
Issue Price₹5.00 per share
Face Value₹2.00 per share
Entitlement Ratio
Listing AtBSE, NSE
Terms of PaymentThe amount of Rs. 2.50 per share has to be paid at the time of Application and Rs. 2.50 per share On subsequent calls.
📊 Company Financials (Restated)
Period Ended2022-03-312021-03-31FY I
Income6,603.973,365.59
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Repayment or pre-payment of a portion of certain outstanding borrowings availed by the Company and its Subsidiaries.
2General corporate purposes
🏢 About the Company
Suzlon Energy Limited is among the world's leading renewable energy solutions provider in India. The company has Presence in 17 countries across Asia, Australia, Europe, Africa and the Americas. Suzlon Group has over 1900+ customers globally. The company has a capacity of 19,441+ MW wind energy Installations.

The company offers services such as solar-wind hybrid energy solution provider, Wind Resource Assessment, Wind Park Delivery Process, Land Sourcing and Approvals, Infrastructure Development, Installation & Commissioning / Erection, Testing & Commissioning, Supply Chain Management, and Research and Development.
📞 Company Contact
CompanySuzlon Energy Ltd
AddressSuzlon House,
5 Shrimali Society, Navrangpura,
Ahmedabad 380009
Ahmedabad, Gujarat, 380009
Phone+91-79-660 45000
Emailinvestors@suzlon.com
WebsiteVisit ↗
📝 Registrar
NameKfin Technologies Ltd
Phone040-79615565
Emailsuzlon.rights@kfintech.com
WebsiteVisit ↗