Solar panel manufacturer Rayzon Solar Ltd is planning to file its draft papers with markets regulator Sebi by the end of the month, as it prepares for about Rs 1,500-crore initial public offering (IPO), people familiar with the plan said on Friday. The Surat-based company has already roped in top investment banks to manage the public offering. According to the people familiar with the plan, the company is looking to raise funds through fresh issuance of equity shares and proceeds are expected to be used for for its expansion plans. An email to Rayzon Solar seeking confirmation of the draft papers filing and IPO details did not elicit a response. The company is considering to enter the public market at a time when the domestic solar manufacturing industry is gaining traction, driven by import curbs, and rising global interest in non-China supply chains. Founded in 2017, Rayzon Solar has emerged as one of the fastest-growing solar PV module manufacturers in the country. As per its .
Jainik Power IPO allotment: Investors can check their allotment status on the official websites of the NSE or Skyline Financial Services
Oswal Pumps aims to raise ₹1,387.34 crore through the IPO comprising a fresh issue of 14.5 million shares and an OFS of 8.1 million shares
Patil Automation's ₹69.61 crore SME IPO comprises a fresh issue of 5.8 million equity shares and no OFS component
Monolithisch India subscription status Day 1: The unlisted shares of Monolithisch were trading at ₹179, commanding a grey market premium (GMP) of ₹36 or 25 per cent
JSW Cement could be joining a swelling pipeline of summer listings in India, where the central bank cut rates by a bigger-than-expected 50 basis points last week
Jainik Power and Cables subscription status Day 3: The unlisted shares of Jainik Power were trading at around ₹117 per share, reflecting a GMP of ₹7 or 6.3 per cent
Sacheerome IPO allotment status: Investors can check their allotment status on the official websites of the NSE and MUFG Intime India
The ports-to-power conglomerate has doubled the pace of its capital spending plan and now intends to plow $100 billion in five to six years instead of spreading it out over a decade
The listing of NSDL, the country's largest depositary in terms of assets under custody, is being managed by ICICI Securities Ltd., Axis Capital Ltd., HSBC Holdings Plc and IDBI Capital
Orkla India, formerly MTR Foods, files DRHP with SEBI for IPO comprising 2.2 crore shares in a full OFS; company will not receive any proceeds from the sale
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Sacheerome IPO Day 3 subscription status: The SME offering was oversubscribed with 22,52,50,800 shares, against 43,21,200 shares on offer
Ganga Bath Fittings shares listed at ₹59 per share on NSE SME, reflecting a premium of 20 per cent over the issue price of ₹49 per share
Samay Project Services has set the price band for its IPO in the range of ₹32-34 per equity share
Oswal Pumps IPO price band: The mainline IPO is a combination of a fresh issue of 14.5 million shares and an offer for sale of 8.1 million shares
Sacheerome IPO Day 2 update, subscription status: The SME offering has received bids for 3,10,39,200 shares against 43,21,200 on offer
Sensex Today | Stock Market close highlights, June 9: The Nifty Midcap100 and Nifty Smallcap100 indices settled with gains of 1.13 per cent and 1.57 per cent, respectively.
Sacheerome IPO subscription status Day 1: The company aims to raise ₹61.62 crore through a fresh issue of 6.04 million equity shares
Oswal Pumps IPO: The issue comprises a fresh issuance of ₹890 crore and an offer-for-sale (OFS) component of 8.1 million shares