IPO/QIP
Bagmane Prime Office REIT files DRHP for IPO
Bagmane Prime Office REIT has filed a DRHP with SEBI to raise Rs 40 billion through an IPO. The IPO will comprise a fresh issue of Rs 30 billion and an OFS of Rs 10 […]
Key Financings
IPO/QIP
Horizon Industrial Parks files DRHP for IPO
Horizon Industrial Parks, a logistics platform backed by Blackstone, has filed a draft red herring prospectus (DRHP) with SEBI to raise Rs 26 billion through an initial public offering (IPO). The issue entirely comprises a […]
Bonds/ Debentures
PFC files prospectus to raise up to Rs 50 billion through NCD issue
Power Finance Corporation Limited (PFC) has filed a prospectus to raise up to Rs 50 billion through the first tranche of a public issue of secured non-convertible debentures (NCDs). The tranche has a base issue […]
Bonds/ Debentures
Adani Enterprises approves issuance of NCDs worth Rs 10 billion
The board of Adani Enterprises has approved the issuance of non-convertible debentures (NCDs) aggregating Rs 10 billion. The issue will comprise a base size of Rs 5 billion with a green shoe option of an […]
Loans
India’s first maritime NBFC, SMFCL begins lending
India’s first maritime-focused non-banking financial company (NBFC), Sagarmala Finance Corporation Limited (SMFCL) has commenced lending operations. SMFCL approved loan sanctions of about Rs 43 billion, with a target to build a Rs 80 billion loan […]
Sanctions/ Grants
MoRTH approves fund for implementation of Package I of Jhunjhunu-Chirawa-Haryana Road Project in Haryana
MoRTH has approved funds worth Rs 22,030 million for the implementation of the Jhunjhunu-Chirawa-Haryana Four Laning Road Project (Package I). The project involves the four-laning of the 78 km Jhunjhunu-Chirawa-Haryana road stretch from km 57 […]
Sanctions/ Grants
State releases equity for Nagpur and Swargate-Katraj metro projects
The Maharashtra government has released equity worth Rs 1 billion for the Nagpur Metro Rail Project Phase II and the Swargate-Katraj Metro Project. Of this, Rs 0.4 billion is for Swargate-Katraj, while the remaining Rs […]
Sanctions/ Grants
MoRTH approves funds for implementation of Dugadda-Gumkhal Road in Uttarakhand
MoRTH has approved funds worth Rs 3,925.2 million for the implementation of the Dugadda-Gumkhal Two Laning Road Project (NH-534). The project involves the two-laning of the 18.1 km Dugadda-Gumkhal stretch of NH-534 with paved shoulders, […]
Sanctions/ Grants
VMRDA approves funds for preparation of DPR for Bhogapuram-Rambilli Semi Ring Road Project in Andhra Pradesh
The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has approved funds worth Rs 48.4 million for the preparation of a detailed project report (DPR) for the Bhogapuram-Rambilli Four/Six/Eight-Lane Greenfield Access Controlled Semi Ring Road Project. It […]
Mergers & Acquisitions
Saatvik Green Energy to acquire 49 per cent stake in Intelligent Hydel Solutions
Saatvik Cleantech EPC Private Limited, a fully owned subsidiary of Saatvik Green Energy, has inked a share purchase agreement (SPA) to acquire a 49 per cent equity stake in Intelligent Hydel Solutions Private Limited. The […]
IPO/QIP
CleanMax’s IPO to open on February 23, 2026
CleanMax Enviro Energy Solutions Limited (CleanMax) will open the bids for its initial public offering (IPO) of equity shares on February 23, 2026. The IPO will comprise a fresh issue of up to Rs 12 […]
Loans
Vikram Solar bags Rs 32 billion working capital facilities
Vikram Solar has inked an agreement to renew and enhance its existing working capital facilities. The enhanced facilities, extended by a consortium of lenders, amount to Rs 32 billion. According to the terms of the […]
Loans
AMPIN Energy raises $50 million from FMO for greenfield renewable energy expansion
AMPIN Energy Transition Private Limited has raised $50 million from FMO, a Dutch investment bank, to develop greenfield renewable energy projects across India. The long-term investment will support the company’s ongoing portfolio expansion in both […]
Loans
IRFC secures $300 million loan from SMBC
The Indian Railway Finance Corporation (IRFC) has signed a loan agreement of $300 million with the Sumitomo Mitsui Banking Corporation (SMBC). This marks the first commercial borrowing by IRFC in the past three years. The […]
Equity Moves
GreenTech raises Rs 300 million financing to expand wind turbine asset management and global operations
GreenTech has raised Rs 300 million in its maiden funding round. The funding round comprised a mix of equity and debt and was led by Transition VC. The company plans to use the funds to […]
IPO/QIP
Shadowfax Technologies is set to launch Rs 19.07 billion IPO
Shadowfax Technologies is set to raise Rs 19.07 billion through an initial public offering (IPO). The issue comprises a Rs 10 billion fresh issue and an offer for sale (OFS) of Rs 9.07 billion. The […]
Loans
Uttar Pradesh government approves Rs 24.74 billion loan to YEIDA
The Uttar Pradesh government has approved an interest-free loan of Rs 24.74 billion for the Yamuna Expressway Industrial Development Authority (YEIDA). The funding will support land acquisition and industrial development in the expressway region. The […]
Equity Moves
Waaree raises Rs 10.03 billion for battery manufacturing facility in India
Waaree Energies Limited’s subsidiary, Waaree Energy Storage Solutions Private Limited (WESSPL), has secured Rs 10.03 billion in funding from a group of strategic investors. The funding forms part of the company’s planned capital expenditure of […]
Bonds/ Debentures
Aegis Vopak Raises Rs 10.3 billion via NCDs
Aegis Vopak Terminals has raised Rs 10.3 billion through the issuance of NCDs. The funds were raised through a private placement. The company allotted 1,03,000 redeemable, senior, rated, listed, secured, taxable non-convertible debentures through private […]
Loans
Juniper Green Energy secures debt financing of Rs 20.39 billion for renewable projects
Juniper Green Energy Limited has secured debt financing of Rs 20.39 billion from a consortium of domestic and international lenders to support the development of its upcoming renewable energy projects and those of its subsidiaries. […]