In Short : Fujiyama Power Systems’ ₹828 crore IPO saw strong investor interest, closing with subscriptions exceeding twice the offer size on the final day. The robust response was driven by confidence in the company’s growth outlook and presence in the power systems sector. Institutional and retail investors showed solid participation, reflecting positive market sentiment […]
Simple Energy Maps 19-Fold Retail Growth by 2029, Sets Sights on IPO in FY27 – EQ
In Short : Simple Energy plans a 19-fold expansion of its retail network by 2029, aiming to strengthen its footprint in India’s EV market. The company also targets an IPO in FY27 to raise capital for growth. With these moves, Simple Energy seeks to scale operations, boost sales, and solidify its position in the rapidly […]
Rays Power Infra Files 1,150 Crores DHRP for IPO – EQ
Mumbai-based Rays Power Infra has filed its 1,150 Crores Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The IPO, with a face value of Rs 2, is a fresh issue up to Rs 900 crore and an offer for sale up […]
Laser Power & Infra Targets ₹1,200 Crore IPO to Fuel Growth and Cut Debt – EQ
In Short : Laser Power & Infra Ltd has filed draft papers with SEBI for a ₹1,200 crore IPO, comprising a ₹800 crore fresh issue and ₹400 crore OFS by promoters. Proceeds will partly repay ₹600 crore of debt. The Kolkata-based power cable manufacturer reported FY25 revenue of ₹2,570 crore and profit of ₹106 crore. […]
Saatvik Green Energy Secures ₹269 Crore from Anchor Investors Ahead of ₹900 Crore IPO – EQ
In Short : Saatvik Green Energy raised ₹269.4 crore from anchor investors ahead of its ₹900 crore IPO, including prominent institutions like HDFC Mutual Fund and SBI General Insurance. The IPO, open from September 19–23, 2025, aims to fund debt repayment and expand its solar PV module manufacturing capacity, including a 4 GW plant in […]
GK Energy IPO Kicks Off Strong with ₹139 Crore Anchor Investment Backing – EQ
In Short : GK Energy has raised ₹139 crore from anchor investors ahead of its IPO, allotting 91.03 lakh shares at ₹153 each, the upper end of its price band. Major participants included HSBC MF, Citigroup Global, Motilal Oswal MF, Bandhan MF, Pinebridge Global, and Societe Generale. The IPO opens with strong institutional backing, reflecting […]
CleanMax Seeks ₹5,200 Crore via IPO to Accelerate Renewable Energy Growth – EQ
In Short : CleanMax has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹5,200 crore IPO. The issue will comprise both fresh equity shares and an offer for sale. Funds raised will support debt repayment, capacity expansion, and strengthening its renewable energy portfolio. The IPO highlights CleanMax’s ambition to accelerate its leadership […]
Indosol Solar Charts ₹69,000 Cr Growth Path, Targets FY27 IPO Amid Mega Manufacturing Push – EQ
In Short : Indosol Solar, backed by Shirdi Sai Electricals, plans a ₹69,000 crore investment in solar manufacturing and aims for an IPO in FY27. The company is developing a 1 GW integrated plant in Andhra Pradesh and has received ₹5,175 crore under India’s PLI scheme. Aiming for 20 GW downstream capacity, Indosol targets ₹600 […]
Simple Energy Gears Up for ₹3,000 Crore IPO to Power EV Expansion by FY27 – EQ
In Short : Simple Energy plans a ₹3,000 crore ($350 million) IPO in FY27 to expand manufacturing, boost R&D, and scale nationwide operations. The EV maker targets EBITDA profitability by FY26 and aims to sell over 1 lakh scooters before listing. With strong revenue growth, 95% local sourcing, and plans for 500 retail touchpoints, it […]
NLC India’s Green Energy Arm NIRL Prepares for Market Debut to Fuel Renewable Expansion – EQ
In Short : Neyveli Lignite Corporation (NLC) is preparing an IPO for its renewables subsidiary, NLC India Renewables (NIRL), to fund expansion. NIRL operates 1.4 GW of solar/wind projects and targets 6 GW by 2030. The move aligns with India’s 500 GW renewable goal. The offering, likely in 2024-25, awaits government approvals. This could set […]