Deon Energy files draft papers with Sebi to raise funds via IPO

Deon Energy files draft papers with Sebi to raise funds via IPO

Deon Energy, an Ahmedabad-based solar EPC firm, is set to launch an IPO to gather capital. This offering will feature a fresh equity share issue coupled with a promoter's sale of shares. The funds raised aim to establish a 30 MW solar power plant in Gujarat while also boosting working capital and covering essential corporate expenses.

Ahmedabad-Based Solar EPC player Deon Energy Files DRHP for IPO

Ahmedabad-based solar EPC company Deon Energy Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India for a proposed initial public offering.  The proposed offer comprises a fresh [...] The post Ahmedabad-Based Solar EPC player Deon Energy Files DRHP for IPO appeared first on Business News This Week.