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
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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.