Emmvee Photovoltaic Power gets SEBI approval for IPO
Emmvee Photovoltaic Power plans to use the net proceeds for repayment or prepayment of loans and interest taken by the company and its key subsidiary. A portion of the funds will be used for general corporate purposes
Saatvik Green Energy’s INR 900-crore IPO to open this week
Saatvik Green Energy Ltd has announced the launch of its initial public offering (IPO), aiming to raise INR 900 crore. The offer comprises a fresh issue of equity shares aggregating up to INR 700 crore and an offer for sale (OFS) aggregating up to INR 200 crore by the promoters.
Vikram Solar IPO subscribed 1.52 times on first day
Vikram Solar Ltd’s Initial Public Offering (IPO) received a strong response on Day 1, with the non-institutional investors’ portion subscribed 3.84 times and the retail portion 1.37 times.
Vikram Solar gets SEBI nod for IPO
Vikram Solar plans to use the net proceeds to partly fund the establishment of an integrated 3 GW solar cell and module manufacturing facility in the Tirunelveli district of Tamil Nadu, and to expand the solar module capacity at the same site from 3 GW to 6 GW. A portion of the funds will also be allocated for general corporate purposes.
Sugs Lloyd aims to raise INR 85.4 crore through IPO
Sugs Lloyd Ltd, a Delhi-based renewable EPC company, aims to raise INR 85.4 crore by going public. It will use INR 64 crore from the total proceeds to support working capital requirements for business expansion, while the remaining amount will be used for general corporate purposes.
Gautam Solar’s Bhiwani factory close to achieving 3.2 GW capacity in March
Gautam Solar plans to achieve a total solar module manufacturing capacity of 5 GW by year end.
Solarium Green Energy IPO opens this week
The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.
Solarium Green gets BSE nod for SME IPO
Solarium Green Energy, a solar EPC solutions provider, is set to open for public subscription. The proceeds from the public issue will be used to meet the company’s working capital requirements and to address general corporate purposes.
NTPC Green sets the price band for its INR 10,000 crore public issue
NTPC Green Energy intends to utilize the net proceeds from the fresh issuance to the extent of INR 7,500 crore for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by its wholly owned subsidiary, NTPC Renewable Energy Ltd (NREL). The balance will go towards general corporate purposes.
ACME Solar IPO to open on Wednesday
Acme Solar Holdings has fixed the price band for its public issue at INR 275 to INR 289 per equity share.
