Waaree Energies Clears SEBI Hurdle, Set For IPO Updated On Tue, Sep 24th, 2024 by Saurenergy Mumbai-based solar PV module manufacturer, Waaree Energies has received the Securities and Exchange Board of India (SEBI) approval for its proposed initial public offering (IPO). The company hopes to raise a fresh issue of equity shares aggregating up to Rs 3,000 crore and an offer for sale of up to 3,200,000 equity shares with a […] Read more
Waaree Energies Yet To See Approval For Issue Of IPO Updated On Wed, Aug 28th, 2024 by Saurenergy Notwithstanding the filing of documents for the issue of Initial Public Offering (IPO) with the Securities & Exchange Board of India (SEBI), India’s leading solar module manufacturer Waaree Energies’ is yet to see the plan becoming a reality soon. The green company is yet to see approval from the market regulator. Some media reports have […] Read more
ACME Solar Holdings Limited Files DRHP for Rs 3,000 crore IPO Updated On Wed, Jul 3rd, 2024 by Saurenergy Gurugram-based Acme Solar Holdings Limited, with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects, has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI) to raise Rs 3,000 crore through an Initial Public Offering (IPO). The IPO, with a face value […] Read more
KPI Green Energy Approves Fundraising Proposal Worth Rs 1,000 crore Updated On Wed, May 15th, 2024 by Saurenergy KPI Green Energy has approved the proposal of raising Rs 1,000 crore in a recently held board meeting. According to a regulatory filing, KPI Green Energy will raise the funds through the issuance of equity shares of the Company or any other equity-linked securities of the Company or other securities convertible into or exchangeable for […] Read more
Economic Survey 2022-23: India a Hotspot for Investment in Renewables & Other Observations Updated On Wed, Feb 1st, 2023 by Saurenergy The Economic Survey 2022-2023 has made some important observations about the trajectory of renewable energy sector and transition to clean energy sources. Here are some key observations- Inching towards installed capacity from clean sources The Economic Survey notes that India has already achieved the feat of having 40 per cent of installed electric capacity from […] Read more
Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans Updated On Thu, Oct 6th, 2022 by Saurenergy Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […] Read more
Websol Energy To Set Up 1.8 GW Solar Cell And Module Facility Updated On Mon, Jul 4th, 2022 by Saurenergy To give a major boost to its manufacturing capabilities, Websol Energy System has said that it will be setting up a new manufacturing plant for solar cells and modules in near future. This will have a capacity to produce up to 1.8 GW of solar panels. Industry experts see it as a step towards self-reliance […] Read more
Vikram Solar Limited files DRHP with SEBI Updated On Thu, Mar 24th, 2022 by Saurenergy Vikram Solar Limited (VSL), one of India’s largest solar module manufacturers, in terms of operational capacity, and also an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services, and operations and maintenance (“O&M”) services as of December 31, 2021, has filed its DRHP with SEBI. With this, VSL follows another industry leader, […] Read more
Sterling & Wilson Solar files for Rs 4,500 crore-IPO with SEBI Updated On Wed, Apr 17th, 2019 by Saurenergy The company’s revenue from operations in the first nine months of 2018-19 went up by 83 % to Rs 5,915 crore while net profit jumped 98 % to 343 crore during the period. Shapoorji Pallonji Group’s renewable energy arm Sterling and Wilson Solar today filed Draft Red Herring Prospectus (DRHP) with market regulator Securities and […] Read more
