• SENSEX
    NIFTY 50
Economy

Goldman Sachs-backed ReNew Power gets Sebi's nod for IPO

Updated : July 24, 2018 06:23 AM IST

The company's IPO comprises fresh issue of shares worth Rs 2,600 crore and an offer for sale of 94,377,109 equity stocks by existing shareholders.
ReNew Power had filed draft papers with Sebi in May and got its "observations" on July 18, which is necessary for every firm to launch public issues like IPO and rights issue, as per the latest update with the markets watchdog.
ReNew is an independent power producer with over 5,600 MW of commissioned and under construction clean energy assets.
Goldman Sachs-backed ReNew Power gets Sebi's nod for IPO
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV