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Ricans Solar Energy Ltd

Registered Office : Unit No.A-05(A) Grnd Flr IRIS-,Tech Park Sector-48,Gurgaon Haryana 122018 Phone : +91 74283 10036
Fax :

Email : cs@ricans.solar

Website : www.ricans.solar

Initial public issue of up to 16,00,000 equity shares of Rs. 10/- each ("equity shares") of Ricans Solar Energy Limited ("Ricans" or the "company") for cash at a price of Rs. [*] per equity share ("issue price"), aggregating to Rs. [*] crores ("the issue"). Out of the issue [*] equity shares aggregating to Rs.[*] crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each at an issue price of Rs.[*] per equity share aggregating to Rs. [*] crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute [*]% and [*]%, respectively of the post issue paid up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

Expert Global Consultants Private Limited

Projects

Funding incremental working capital requirements of the Company

General Corporate Purposes

Promoted By

Samarth Agarwal

Manila Agarwal

Listing At

NSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd