Latest Updates Around The World
Clean Max Enviro Energy Solutions Ltd., a renewable energy company backed by Brookfield Corp., is preparing to launch its initial public offering in February with a smaller deal size, according to people familiar with the matter.The Mumbai-based company is now planning an initial public offering of about $350 million to $400 million, down from a […]
Indian solar manufacturing is entering a phase of rapid scale-up, and Jefferies believes select domestic players are well placed to benefit from this transition. In a new report, the global brokerage initiated coverage on Emmvee Photovoltaic Power with a buy rating and target price of Rs 320, up 70% from current levels, citing strong growth […]
Shares of Emmvee Photovoltaic Power remained muted after a flat trading on Tuesday, debuting at Rs 217 on both the BSE and NSE – right in line with the issue price. The subdued start did not come as a surprise considering tepid subscription during the three-day offering period and a gray market premium (GMP) falling […]
Makers of photovoltaic solar panels and solar cells Emmvee Photovoltaic Power Ltd is gearing up to launch its initial public offering (IPO) on November 11, aiming to raise Rs 2,900 crore. The initial share sale will be completed on November 13. According to the red herring prospectus (RHP), the shares will be allocated to anchor […]
