Sterling & Wilson listing today

Our Bureau Chennai | Updated on August 19, 2019 Published on August 20, 2019


Shares of Sterling & Wilson Solar will be listed on the exchanges on Tuesday.

 Shapoorji Pallonji-owned Sterling & Wilson Solar had received lukewarm response to its initial public offering. The company managed to garner only 92 per cent subscription.

The total issue size was ₹3,125 crore, of which around ₹1,400 crore was raised from anchor investors.

The price band for the issue was between ₹775 and ₹780 a share. While the qualified institutional buyer received full subscription, the high net worth individual portion was subscribed 89 per cent and retail investor portion by 30 per cent.


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Published on August 20, 2019
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