Alpex Solar stock lists at 186% premium to IPO price
Alpex Solar stock listed at INR 329 on NSE Emerge, a 186% premium over the fixed price band of INR 115. The IPO comprised fresh issue of 64.8 lakh equity shares with a face value of INR 10 per share.
Alpex Solar IPO records 303 times subscription
The solar manufacturer will utilize the net proceeds to expand its PV panel capacity from 450 MW to 1.2 GW and establish an aluminium frame manufacturing unit, besides meeting working capital expenses.
Alpex Solar files draft papers for IPO with NSE Emerge
The solar manufacturer will utilize the net proceeds to expand its PV panel capacity from 450 MW to 1.2 GW and establish an aluminium frame manufacturing unit, besides meeting working capital expenses.
IREDA IPO opens for subscription
Indian Renewable Energy Development Agency Ltd is looking to raise up to INR 2,150.21 crore from its initial public offering (IPO) of 671,941,177 equity shares.
Oriana Power looks to raise up to INR 60 crore through IPO
The Noida-based commercial and industrial solar developer will use the proceeds for working capital, ‘Resco mode’ project capex, and technology upgradation requirements.
Oriana Power files draft papers for IPO with NSE Emerge
The C&I solar developer will use the net proceeds from the IPO towards meeting its working capital requirements, investment in subsidiary companies, capital expenditure for expansion purposes, and general corporate expenses.
Vikram Solar files for IPO to raise funds for 2GW integrated fab
The Kolkata-headquartered solar manufacturer has filed draft papers with SEBI for its initial public offering (IPO), which comprises a fresh issue of up to INR 1,500 crore and an offer for sale (OFS) of up to five million equity shares by the existing shareholders.
LG Energy Solution IPO attracts $80bn in bids
LG Chem’s energy storage and battery division’s $10.7 billion initial public offering received a staggering response from institutional investors, Reuters has reported.
IPO-bound Waaree Energies appoints CEO
The Indian solar manufacturer, which has 2 GW of module production capacity, has appointed Vivek Srivastava as chief executive officer. Vivek joins from Reliance BP Mobility Limited, where he served as the senior vice president.
Up to $1 billion expected from Sterling & Wilson solar share sale
Around US$1 billion is expected to be raised in the sale of up to 30% of Sterling & Wilson’s solar engineering arm. The funds will come from a pre-listing stake sale followed by an initial public offering (IPO), and will be used to reduce the debt of the 153-year-old conglomerate.
