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.
Waaree Energies IPO to open for subscription on Oct. 21
Waaree Energies intends to utilise INR 27,750 million from the net proceeds to part finance the cost of setting up a 6 GW wafer-to-PV module capacity in Odisha under production-linked incentive (PLI) Scheme. The balance will go towards general corporate purposes.
Gautam Solar to launch IPO
Gautam Solar plans to launch an IPO in the next 12-18 months to fund its INR 1,000-crore PV cell expansion.
Vikram Solar files draft papers for IPO
Vikram Solar, which currently has a module manufacturing capacity of 3.5 GW, intends to use majority of the net proceeds from the public issue to establish a new PV module manufacturing facility in Tamil Nadu with a capacity of 6 GW (including 3 GW backward integrated to manufacture PV cells).
