Renfra Energy submits papers with Sebi for IPO; eyes Rs 430-cr via fresh issue

Renfra Energy India is gearing up for its Initial Public Offering (IPO), aiming to raise Rs 430 crore through a fresh issue of shares. The company plans to use the funds for debt redemption, working capital, and general corporate needs. Renfra Energy, a key player in renewable energy project execution, has a strong track record in solar and wind energy solutions. The IPO also includes an Offer-for-Sale component.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *