Rays Power Infra Limited IPO Details Launch Date, share price, Issue Size, GMP Price, Review

Rays Power Infra Limited IPO

OUR BUSINESS

Established in 2011, we have been one of the early movers in the solar park regime and have now grown into a well-established player in turnkey solar engineering, procurement and construction(“EPC”) services, catering to the increasing demand for renewable energy in the country.

We are also one of the leading integrated solar power companies in India with the implementation of solar power projects of 1,207 mega-watts peak (“MWp”). On the back of our strong regulatory understanding of State laws for land acquisition and our ability to liaise with State land authorities, we have established a track record of acquiring over 5,700 acres of land for our customers across India. We offer a consultative approach to our customers’ solar energy needs and capabilities, which enables us to provide customized solutions to meet their requirements.

OBJECTS Of OFFER

The object of the Fresh Issue
1. Funding incremental working capital requirement of our Company.
2. General corporate purposes.

OUR PROMOTERS

  1. Ketan Mehta
  2. Pawan Kumar Sharma
  3. Sanjay Garudapally

QUALITATIVE FACTOR

•Established EPC player, well positioned to capitalize in a fast-growing solar industry in India;
•Strong execution track record spread across geographies;
•Efficient co-development business model;
•Disciplined project selection & execution capability;
•Strong revenue visibility backed by a robust Order Book;
•Proven technical capabilities even in challenging conditions;
•Consistent financial performance backed by an asset-light business model;
•Experienced senior management team.

RAYS POWER INFRA LIMITED CONTACT DETAILS

1st-21, Evershine Mall North Meter Cabin 1,
Malad (West), Mumbai 400064,
Maharashtra, India
Telephone: +01414038767
E-mail: cs@rayspowerinfra.com

RAYS POWER INFRA LIMITED IPO REGISTAR

Bigshare Services Private Limited
Office No. S6-2, 6thfloor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri East, Mumbai-400093
Telephone: +91 22-6263 8200
Facsimile: +91 22-6263 8299
Email: ipo@bigshareonline.com
Investor grievance email: investor@bigshareonline.com
Contact Person: Babu Rapheal C.
Website:www.bigshareonline.com

 

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