ipo

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Bihar Transmission Utility to Tap Capital Market, Seeks Merchant Bankers

Bihar State Power Transmission Company (BSPTCL) has taken a formal step toward a potential stock market listing by inviting bids to appoint merchant bankers for its...

April 16, 2026

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Arjun Joshi

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Grid

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Tenders & Auctions
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Om Power Transmission IPO Oversubscribed 2.37 Times

Gujarat-based power infrastructure manufacturer Om Power Transmission‘s ₹1.5 billion (~$15.98 million) initial public offering (IPO) was oversubscribed 2.37 times...

April 14, 2026

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Melvin Mathew

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Finance and M&A

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T&D
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Maharashtra Approves Bifurcation of MSEDCL, IPO Plans

The Maharashtra government has given the go-ahead for the bifurcation of the Maharashtra State Electricity Distribution Company (MSEDCL) into two distribution companies...

April 8, 2026

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Melvin Mathew

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Market & Policy

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T&D
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Daily News Wrap-Up: MNRE Designates SECI as Sole Bidding Agency

The Ministry of New and Renewable Energy (MNRE) designated the Solar Energy Corporation of India (SECI) as the sole renewable energy implementing agency (REIA) for...

April 7, 2026

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Mercom Staff

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Daily Wrap-up
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Solar Module Manufacturer Cosmic PV Files for ₹6.4 Billion IPO

Solar module manufacturer Cosmic PV Power has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India to raise up to ₹6.4 billion (~$69...

April 6, 2026

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Meghana Prasad

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Finance and M&A

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Solar
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Renewable Energy Solutions Provider CleanMax’s IPO Subscribed 94%

Clean energy solutions provider Clean Max Enviro Energy Solutions’ (CleanMax) ₹31 billion (~$340.92 million) initial public offering (IPO) was subscribed 0.94 times at...

February 25, 2026

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Melvin Mathew

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Finance and M&A

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Solar

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Wind
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India’s Top Five Solar Energy Funding Deals in 2025 [Infographics]

Here are the top five funding deals in the solar sector in India during 2025, according to Mercom’s Q3 2025 India Solar Market report: In the top funding deal,...

December 24, 2025

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Meghana Prasad

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Finance and M&A

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Mercom Research Focus

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Solar
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Fujiyama Power Systems Debuts on Bourses After Strong Response to IPO

Noida-based rooftop solar solutions and products company Fujiyama Power Systems debuted on the BSE and National Stock Exchange after its initial public offering (IPO) of...

November 20, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Emmvee Photovoltaic’s ₹30 Billion IPO Closes with 97% Subscription

Bengaluru-based solar cell and module manufacturer, Emmvee Photovoltaic Power’s ₹30 billion (~$350.12 million) initial public offering (IPO) was subscribed 0.97 times at...

November 13, 2025

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Rayzon Solar Secures SEBI Approval for ₹15 Billion IPO

Module manufacturer Rayzon Solar has received approval for its draft red herring prospectus (DRHP) for an initial public offering (IPO) to raise ₹15 billion (~$170.64...

October 23, 2025

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Staff

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Finance and M&A

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Modules

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Solar
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Deon Energy Files Draft Papers with SEBI for ₹1.5 Billion IPO

Ahmedabad-based renewable energy solutions provider Deon Energy has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to...

October 6, 2025

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Arjun Joshi

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Finance and M&A

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Other

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Renewable Energy
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Solarworld Energy’s IPO Receives Strong Response

Uttar Pradesh-based engineering, procurement, and construction (EPC) services company Solarworld Energy Solutions debuted on the stock exchanges after its ₹6 billion...

October 1, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Rays Power Infra to Tap Capital Market with ₹11.5 Billion Public Issue

Solar energy solutions company Rays Power Infra has filed a draft red herring prospectus with the market regulator, Securities and Exchange Board of India, for an ₹11.5...

September 30, 2025

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B.S. Nagaraj

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Finance and M&A

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Solar
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India’s Clean Energy IPO Wave Powers Ahead Despite Headwinds

Joining the list of renewable energy companies going public in India over the last 18-20 months, a solar module manufacturer and a solar EPC company debuted on the...

September 29, 2025

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B.S. Nagaraj

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Market & Policy

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Solar
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Daily News Wrap-Up: Maharashtra Solar Open Access Solar Installations Increase

Maharashtra led solar open access installations in the second quarter (Q2) of 2025, accounting for 30% of the country’s capacity additions. Installations in the state...

September 24, 2025

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Staff

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Daily Wrap-up

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Other

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