India: Sterling and Wilson Solar to launch $453m IPO on August 6

India: Sterling and Wilson Solar to launch $453m IPO on August 6

Solar panels being cleaned. Photo: Reuters

Shapoorji Pallonji Group’s solar engineering, procurement and construction (EPC) business, Sterling and Wilson Solar Ltd, on Thursday, announced its initial public offering (IPO) worth3,125 crore. The price band for the three-day IPO, which opens on 6 August, is fixed at 775- 780 apiece.

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