Alpex Solar recently filed DRHP With NSE Emerge
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Alpex Solar is a solar module manufacturer. It makes bifacial, mono-perc, and Half-cut solar PV modules.
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Alpex's offering comprises an issuance of 64,80,000 equity shares with a face value of Rs. 10 for each share.
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Ashwani Sehgal, Chairman & MD Alpex Solar Limited, said the firm planned to raise funds to meet market demand for large-sized cells with multi-bus bars (MBB) and the latest types of Mono Perc, Topcon, and Bifacial cells.
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Ashwani Sehgal
It also plans to utilize the net proceeds to upgrade and expand its existing solar module manufacturing facility, increasing its capacity by 750 MW.
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