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 […]
Renewable energy firm Juniper Green Energy eyes IPO – EQ
In Short – Renewable energy firm Juniper Green Energy sets sights on IPO, capitalizing on surging demand for sustainable investment opportunities. The move reflects confidence in the market’s appetite for clean energy ventures and signals potential growth opportunities in the renewable sector. In Details – As of February, the company had an operational portfolio of […]
Rays Power Infra raises ₹54 crore via pre-IPO placement – EQ
In Short : Rays Power Infra successfully secured ₹54 crore through a pre-IPO placement. This move underscores investor confidence in the company’s growth prospects. The funds raised will likely bolster Rays Power Infra’s expansion plans, further strengthening its position in the renewable energy sector. This development sets the stage for potential market debut anticipation and […]
IREDA IPO: PSU raises ₹643 crore from anchor investors ahead of the issue opening – EQ
In Short : Indian Renewable Energy Development Agency is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE). In Detail : Indian Renewable Energy Development Agency Ltd. (IREDA) on November 20 raised a total of ₹643.26 crore from anchor investors including Goldman Sachs, […]
Government may file draft papers for IREDA public offering by September: DIPAM Secretary – EQ Mag
The government is planning to file draft papers for an initial public offering of state-owned Indian Renewable Energy Development Agency (IREDA) by September, a top official said The government is planning to file draft papers for an initial public offering of state-owned Indian Renewable Energy Development Agency (IREDA) by September, a top official said. “We […]
‘Ola Electric aims for IPO by 2023-end, hires Goldman, Kotak’ – EQ Mag
Ola Electric is backed by investors such as SoftBank Group Corp and Tiger Global Management. India’s Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, a source with direct knowledge of the matter told Reuters. […]