Rayzon Files for INR 1,500 Cr IPO to Expand Manufacturing Updated On Fri, Jun 27th, 2025 by Saurenergy Rayzon Solar, a Gujarat-based solar module manufacturer, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO) worth INR 1,500 crore. The issue will be entirely a fresh equity offer, with no Offer For Sale (OFS) component by the promoters. The […] Read more
Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps Updated On Thu, Jan 16th, 2025 by Saurenergy Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […] Read more
