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Indian renewable energy firm Continuum Green Energy gains approval for a ₹3,650 crore IPO.
Continuum Green Energy Limited, a renewable energy company in India, has received approval from the Securities and Exchange Board of India for its IPO, aiming to raise ₹3,650 crore.
The company plans to use the funds to repay loans, invest in subsidiaries, and for general corporate purposes.
It focuses on wind and solar projects, with a combined capacity of 3.52 GWp.
Revenue increased by 33.45% in fiscal 2024.
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La firma india de energía renovable Continuum Green Energy obtiene la aprobación para una OPI de ₹ 3,650 millones.