Solar91 Cleantech IPO to open on Dec 24; price band at Rs 185-195 per share

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EPC solutions provider Solar91 Cleantech on Sunday said it has fixed a price band of Rs 185-195 per equity share for the Rs 106 crore initial share sale, which will hit markets on December 24.

At the upper end of the price band, the company is going to fetch around Rs 106 crore, it added.

The proposed IPO is entirely a fresh issue of 54.36 lakh equity shares with a face value of Rs 10 each, according to the red herring prospectus.

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Category: BusinessFinance

Markets: India

Topics: Narnolia Financial Services Ltd Brokerage Services Registrar Solar91 Cleantech Prateek Agrawal Saurabh Vyas Jaipur Rs Renewable energy Dhawal Vasavada Chairperson and Whole Time Director Sandeep Gurnani Solar energy solutions Solar91 IPO Green energy goals General corporate purposes EPC Maashitla Securities Pvt Ltd Book-running lead manager Independent power producer Solar91

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-22 @ 17:12:30 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 18 lines

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Copyright Owner: © Business Standard

News ID: 24581530

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