TAG: "initial public offering"

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Karamtara Engineering Files Draft Papers with SEBI for INR 1,750 Crore IPO

Karamtara Engineering Ltd. files draft papers with SEBI for INR 1,750 crore IPO. Funds will be used for debt reduction and corporate purposes. India’s leading solar mounting structure manufacturer offers diverse products for transmission and renewable energy sectors.

Initial Public Offering | January 23, 2025 | By EI News Network | 311

PMEA Solar Tech Solutions Secures SEBI Nod for INR 600 Crore IPO

PMEA Solar Tech Solutions Ltd. has secured SEBI approval to raise INR 600 crore via IPO, including fresh issues and promoter offers. Proceeds will fund manufacturing, equipment purchase, debt repayment, and corporate purposes, advancing its role in India’s renewable energy sector.

Initial Public Offering | January 21, 2025 | By EI News Network | 429

UTL Solar Files DRHP with SEBI to Raise Funds via IPO

Greater-Noida-based Fujiyama Power Systems (UTL Solar) has filed its DRHP with SEBI for an IPO comprising a fresh issue of INR 700 crore and an OFS of 2 crore shares, aimed at funding new manufacturing facilities, debt repayment, and corporate purposes.

Initial Public Offering | January 01, 2025 | By Mrinmoy Dey | 964

Continuum Green Energy Files Draft for INR 3650 Crore IPO

Independent Power Producer Continuum Green Energy has filed a draft red herring prospectus (DRHP) with SEBI for an INR 3,650 crore IPO to fund debt repayment, corporate purposes, and expand its renewable energy projects across India.

Initial Public Offering | December 11, 2024 | By Mrinmoy Dey | 659

ACME Solar Holdings’ IPO Oversubscribed by 2.75 Times

ACME Solar Holdings' IPO, aiming to raise INR 2,900 crore, has been oversubscribed by 2.75 times with the qualified institutional buyers leading with 3.54 times, followed by retail investors at 3.10 times. However, the non-institutional buyers portion remained undersubscribed at 0.97 times. The IPO is expected to be listed on November 13, 2024.

Initial Public Offering | November 11, 2024 | By Mrinmoy Dey | 896

Waaree Energies IPO Sees Record Applications, 76x Subscription

Waaree Energies has set a record with its IPO receiving 97.34 lakh applications, the highest in India's primary market, with a massive oversubscription of 76.34 times. The IPO is expected to be listed on the BSE and NSE on October 24, 2024.

Initial Public Offering | October 24, 2024 | By Mrinmoy Dey | 953

Gautam Solar Plans to Launch IPO in Next 12 to 18 Months

Gautam Solar plans to increase its solar module manufacturing capacity to 5 GW by 2025 in three phases. The company also has plans to set up a 2 GW solar cell line with investment to the tune of INR 1,000 crore which the company intends to raise through an IPO to be launched in the next 12-18 months.

Initial Public Offering | October 14, 2024 | By Mrinmoy Dey | 949

SolarWorld Energy Solutions Files Draft Papers with SEBI for INR 600 Crore IPO

SolarWorld Energy Solutions has filed draft papers with SEBI to raise INR 600 crore via IPO, aiming to fund solar projects, expand manufacturing capabilities, and increase operational capacity, supporting India's target of 500 GW renewable energy by 2030.

Initial Public Offering | October 03, 2024 | By EI News Network | 791

Vikram Solar Files DRHP With SEBI to Raise Funds by IPO

The IPO has a face value of INR 10 per equity share and includes a reservation for eligible employees, alongside a discount for those participating in the employee subscription portion.

Initial Public Offering | October 01, 2024 | By News Bureau | 1203

Waaree Energies Gets SEBI Approval for IPO

Waaree Energies has secured SEBI's approval to raise INR 3,000 crore through an IPO. The funds will support the establishment of a 6 GW solar manufacturing facility in Odisha, boosting the company's current production capacity of 12 GW as of June 30, 2023.

Initial Public Offering | September 24, 2024 | By EI News Network | 1999