Project News Details
Title
Solarworld Energy Solutions secures Rs 110 cr in pre-IPO placement round
Detail
Solarworld Energy Solutions secured Rs 110 crore in pre-IPO funding, lowering the fresh issue in its upcoming IPO to Rs 440 crore. Investors, including ValueQuest, purchased shares at Rs 352.05 each. The company plans to use the majority of the IPO proceeds to build a 1.2 GW solar manufacturing facility in Madhya Pradesh.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Non-Renewable Energy Solar Photovoltaic PV Energy Energy Cement and Asbestos Products Construction Energy-Power and Electrical Computer Hardwares and Consumables Construction Materials
Published Date
24.11.2024
Original Url
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