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).
NTPC Green Energy files draft papers for $1.19 billion IPO
The initial public offer (IPO) will comprise only a fresh issue of equity shares, with no offer-for-sale component included.
Premier Energies IPO to open for subscription from Aug. 27
Premier Energies intends to use INR 968.6 crore from the net proceeds to part-finance the establishment of a 4 GW TOPCon solar cell and module manufacturing facility in the Hyderabad district of the Indian state of Telangana. Amount not exceeding 25% of the gross proceeds will be utilized for general corporate purposes.
ACME Solar files draft papers for INR 3,000 crore IPO
ACME Solar Holdings is one of India’s largest private-sector renewable power producers. It ranks among the top 10 renewable energy players in India in terms of operational capacity.
GP Eco Solutions makes a stellar debut, lists at 299% premium
Noida-based GP Eco Solutions India Ltd has made a stellar debut on NSE Emerge as its stock was listed at INR 375 against a price band of INR 94 per share. The company will use the funds raised through the IPO to fuel its growth in the solar sector.
GP Eco Solutions IPO to open for subscription on Friday
The initial public offering (IPO) comprises a fresh issue of 3,276,000 equity shares with a face value of INR 10 each through the book-building route. Price band is fixed at INR 90-94 per share.
GP Eco Solar looks to raise INR 30-35 crore in IPO
GP Eco Solar will use the funds raised through the initial public offering (IPO) on NSE Emerge to fuel its growth in the solar sector. It will allocate around INR 12.45 crore for working capital and expansion, and invest INR 7.6 crore in subsidiary Invergy India for a new solar inverter assembly facility in Noida.
GP Eco Solutions India files DRHP with NSE Emerge
GP Eco Solutions intends to utilize INR 12.45 crore of the IPO proceeds to meet its working capital requirements and invest INR 7.6 crore in its subsidiary Invergy India to procure plant and machinery and set up a new facility.
