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Rayzon Solar files DRHP for Rs 1,500 crore IPO

Posted by Able on June 27, 2025

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Rayzon Solar to raise Rs 1,500 cr via IPO; entire issue is fresh equity.

Funds to support 3.5 GW solar cell unit, expand manufacturing.

FY24 revenue at Rs 1,273 cr; PAT surged to Rs 61 cr.

IPO to list on BSE, NSE; SBI Cap, Ambit, IIFL lead managers.

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Rayzon Solar files DRHP for Rs 1,500 crore IPO

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