The BRLM would advise the Government/IREDA on the timing and the modalities of the Initial Public Offer (IPO), undertake due diligence, advice on regulatory norms and conduct roadshows to generate investor interest The government is planning to come out with an initial share sale offer for up to 25 per cent stake in Indian Renewable […]
Philippines’ Citicore prepares for IPO, to invest $4 bln in renewable energy – EQ Mag
MANILA : Citicore Renewable Energy Corp, one of the Philippines’ biggest solar power producers, is planning to go public this year to fund a $4 billion investment in new solar projects over the next five years, its CEO said on Friday. “For a country such as ours with limited oil and coal but have abundant […]
Philippines’ Citicore prepares for IPO, to invest $4 bln in renewable energy – EQ Mag
MANILA : Citicore Renewable Energy Corp, one of the Philippines’ biggest solar power producers, is planning to go public this year to fund a $4 billion investment in new solar projects over the next five years, its CEO said on Friday. “For a country such as ours with limited oil and coal but have abundant […]
Government targets to launch initial public offers of IREDA, WAPCOS by the coming fiscal, confirms divestment secretary – EQ Mag
The proceeds from the stake sales would form part of the Budgeted disinvestment kitty of Rs 51,000 crore for the next fiscal. The government is targeting to launch the initial public offering (IPO) of clean energy lender IREDA and state-owned engineering consultancy firm WAPCOS in the next fiscal, DIPAM Secretary Tuhin Kanta Pandey said. The […]
Inox Green Shares Make Tepid Market Debut; Settle 9 Pc Lower – EQ Mag
Shares of Inox Green Energy Services, a subsidiary of Inox Wind, made a tepid market debut on Wednesday and ended with a discount of 9 per cent against the issue price of Rs 65.The stock listed at Rs 60.50, a fall of 6.92 per cent from the issue price on the BSE. The stock listed […]
Inox Green IPO Subscribed 85 Pc on Day 2 of Offer – EQ Mag
The public subscription will conclude on Tuesday and has a price range of Rs 61-65 a share. The initial share-sale of Inox Green Energy Services, a subsidiary of Inox Wind, was subscribed 85 per cent on the second day of offer on Monday. The Rs 740-crore IPO received bids for 5,70,13,780 shares against 6,67,21,310 on […]
Inox Green Energy’s IPO Subscribed 46 Pc on Day 1 – EQ Mag Pro
The initial share sale of Inox Green Energy got subscribed 46 per cent on the first day of subscription on Friday. The Initial Public Offering (IPO) received bids for 3.05 crore shares against 6.67 crore shares on offer, according to NSE data. The portion for Retail Individual Investors (RIIs) got subscribed 1.03 times while the […]
Insolation Energy Limited (INA Solar) got a banging listing on BSE SME – EQ Mag Pro
Jaipur, Rajasthan’s leading solar panel manufacturing company Insolation Energy Limited (INA Solar) got listed on BSE SME. It is the first solar panel manufacturing company of Rajasthan which has achieved this record. The listing ceremony was organized in Mumbai in the presence of Chief Guest Shri Piyush Goyal, Minister of Commerce and Industry, Government of […]
Insolation Energy Limited IPO oversubscribes 183.07 Times – EQ Mag Pro
Mumbai: Initial public offer (IPO) of Insolation Energy Limited (INA) oversubscribed by 183.07 times procuring Rs. 4,057.07 Cr against IPO size of Rs. 22.16 Cr. which is the highest subscription in any BSE SME IPO. Total no of shares offered for subscription was 58,32,000 equity shares of Rs. 10 each against which bids received for […]
Harsha Engineers IPO to open on Sep 14; price band set at Rs 314-330/share – EQ Mag Pro
Harsha Engineers International, manufacturer of precision bearing cages, on Friday said it has fixed a price band of Rs 314-330 per share for its Rs 755-crore initial public offering (IPO). The initial share-sale will open for public subscription on September 14, and conclude on September 16, the company announced. The Rs 755-crore public issue consists […]