In Short : Prozeal Green Energy, a Gujarat-based solar EPC firm, has filed a DRHP with SEBI to raise ₹700 crore via IPO. The offering includes ₹350 crore in fresh shares and a ₹350 crore Offer For Sale. Proceeds will fund working capital and debt repayment. Nuvama Wealth and SBI Capital are the lead managers […]
Karamtara Engineering files DRHP with SEBI with the aim of launching an IPO – EQ
In Short : Karamtara Engineering has filed a Draft Red Herring Prospectus (DRHP) with SEBI to launch an Initial Public Offering (IPO) aiming to raise ₹1,750 crore. The IPO will include a fresh issue of ₹1,350 crore and an offer for sale of ₹400 crore. The company plans to use the proceeds for repaying obligations […]
Waree Energies Announces IPO Price Range of Rs 1,427-1,503, 45% Below Unlisted Valuation – EQ
Waree Energies Ltd has announced its initial public offering (IPO) price band, setting it between Rs 1,427 and Rs 1,503 per share. This pricing reflects a significant 45% discount compared to its current unlisted trading price. Currently, Waree’s unlisted shares are trading in the range of Rs 2,700 to Rs 2,750. This marks a substantial […]
Vikram Solar files DRHP with SEBI, eyes ₹1,500 crore through IPO – EQ
In Short : Vikram Solar has submitted its Draft Red Herring Prospectus (DRHP) to SEBI, aiming to raise ₹1,500 crore through an IPO. This initiative seeks to boost the company’s capital and expand operations in the growing renewable energy sector. The IPO is expected to include both fresh issuance and an offer for sale, positioning […]
South Asia Growth Invest-backed Hero Motors files draft papers for Rs 900 crore IPO – EQ
In Short : Hero Motors, backed by South Asia Growth Invest, has filed draft papers for an Initial Public Offering (IPO) worth ₹900 crore. This move marks a significant step for the company as it seeks to raise funds and expand its business operations through the public market. In Detail : Hero Motors IPO | […]
NLC India Plans Raise Fund via IPO to Boost Renewable Energy Capacity – EQ
In Short : NLC India plans to raise funds through an IPO to enhance its renewable energy capacity. The move aims to support the company’s expansion in the renewable sector and strengthen its commitment to sustainable energy development. In Detail : NLC India Ltd. (NLCIL), a leading power producer, has announced plans to raise funds […]
NLC India to raise funds via IPO of arm for clean energy expansion: CMD – EQ
In Short : NLC India plans to raise funds through an IPO of its subsidiary to support clean energy expansion, according to the CMD. This initiative aims to bolster the company’s renewable energy projects and contribute to India’s sustainable energy goals. In Detail : In an interview to PTI here, the CMD said the PSU […]
Divine Power Energy’s Rs 23-crore IPO to open on June 25; details here – EQ
In Short : Divine Power Energy’s ₹23-crore IPO opens on June 25. This offering aims to raise funds for expanding its renewable energy projects and enhancing operational capacity, supporting the company’s growth in the sustainable energy sector. In Detail : Divine Power Energy IPO: The manufacturer of insulated wires and strips aims to raise Rs […]
GP Eco Solutions sets IPO Price at Rs 90-94, opens on June 14 – EQ
In Short : GP Eco Solutions has set its IPO price range at ₹90-94 per share. The initial public offering will open on June 14, aiming to raise funds for expansion and development in the eco-friendly solutions sector. In Detail : GP Eco Solutions India IPO: The initial public offering of GP Eco Solutions India, […]
GP Eco Solutions India files DRHP for IPO with NSE Emerge – EQ
In Short – GP Eco Solutions India has filed a Draft Red Herring Prospectus (DRHP) for an Initial Public Offering (IPO) with NSE Emerge. This move aims to raise capital to fuel the company’s growth and expansion in the eco-friendly solutions sector. The IPO will help GP Eco Solutions enhance its market presence and further […]