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IPO

Matrix Gas & Renewables raises INR 350 crore in pre-IPO round

Matrix Gas & Renewables stated the capital raise will accelerate its green hydrogen production projects and hydrogen electrolyzer manufacturing plant, in addition to advancing the company’s growth in the gas aggregation business.

Onix Renewable to launch IPO by the end of 2024

Onix Renewable said it intends to use the proceeds from the issue to finance its renewable power projects and scale up solar module production capacity to 1.2 GW.

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Rays Power Infra secures EPC orders for 520 MWp of solar projects

Rays Power Infra has secured three solar EPC orders in Gujarat and Assam.

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.

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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. 

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