Solar91 Cleantech Limited Files for IPO to Raise Rs 100 Crore ...Middle East

Solar91 Cleantech Limited, a leading provider of turnkey solar energy solutions, has submitted its Draft Red Herring Prospectus (DRHP) to the BSE's SME platform in preparation for its Initial Public Offering (IPO). The proposed public issue aims to raise around Rs 100 crore through the book building route, consisting of a fresh issue of 54.36 lakh shares at a face value of Rs 10 each. The IPO will be managed by Narnolia Financial Services Limited and Maashitla Securities Private Limited.

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