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Mumbai , July 13

SUZLON Energy, manufacturers of wind turbine generators, has filed its prospectus with SEBI for its initial public offering (IPO).

The issue will be for 2.93 crore shares of Rs 10 each at a price to be determined through the 100 per cent book building process.

Of this, 2.67 crore equity shares will be an issue of fresh equity by Suzlon, while Citicorp International Finance Corporation Inc will be making an offer for sale of 25.77 lakh equity shares, a company release said.

The IPO will constitute 10.2 per cent of the fully diluted post-issue paid-up capital. The post-issue paid-up equity capital of Suzlon will stand at Rs 287.53 crore.

Suzlon is India's leading manufacturer of wind turbine generators.

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