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Rayzon Solar Files for ₹15 Billion IPO, to Use Funds for Cell Manufacturing

The IPO consists only of a fresh issue of equity shares

June 27, 2025

/ Melvin Mathew
/ Finance and M&A, Modules, Solar
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Solar module manufacturer Rayzon Solar has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise ₹15 billion (~$175 million) through an initial public offering (IPO) of shares.

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Melvin Mathew

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