Why Borosil Renewables Has No Local Competition Fans of Peter Thiel’s Zero To One book and its focus on building monopoly businesses will be drawn to the Borosil Renewables story. The 10-year-old company has in that decade remained India’s only.. Read More…
Borosil Renewables Says Capacity Running ‘Flat Out’, Margins Will Improve
Borosil Renewables Ltd. is the only solar glassmaker in India. Add to that some successful fundraising in order to double capacity for the second time in five years, and protection from an anti-dumping duty on its only competition — imports — and that may explain why the share price has risen 320% this year. […]
PE firm Convergent Finance invests $27 mn in Borosil Renewables
The investment is structured as a qualified institutional placement of equity shares announced on 14 December, based on the applicable Sebi prescribed pricing formula Mumbai : Borosil Renewables Ltd, the only Indian manufacturer of solar glass used in photovoltaic panels, has raised Rs200 crore from Convergent Finance LLP and other investors. The investment is structured […]
Borosil Renewables spurts on launching QIP issue
Borosil Renewables jumped 6.11% to Rs 167.55 after the company launched a qualified institutional placement (QIP) on Monday (14 December 2020) to raise funds from institutional investors. The securities issue committee of the board, at its meeting held on 14 December 2020, authorised the opening of the QIP issue and approved the floor price […]
