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7 days agoIndian Renewable-Energy Company SAEL Industries Files Draft IPO for ~US$520 Million

SAEL Industries, an Indian solar and biomass renewable-energy operator, has filed draft papers for an initial public offering valued at up to ₹45.75 billion (≈US$520 million). The proposed issue comprises a fresh share component of up to ₹37.5 billion and an existing-shareholder sell-down of ₹8.25 billion. The filing reflects rising investor appetite for India’s energy-transition plays and the scaling ambitions of domestic green-energy firms.
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7 days agoIndian Renewable-Energy Company SAEL Industries Files Draft IPO for ~US$520 Million

SAEL Industries, an Indian solar and biomass renewable-energy operator, has filed draft papers for an initial public offering valued at up to ₹45.75 billion (≈US$520 million). The proposed issue comprises a fresh share component of up to ₹37.5 billion and an existing-shareholder sell-down of ₹8.25 billion. The filing reflects rising investor appetite for India’s energy-transition plays and the scaling ambitions of domestic green-energy firms.
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7 days ago
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SAEL Industries files IPO draft for US$520 m, underscoring growth in India’s green-energy listing pipeline.
SAEL Industries, an Indian solar and biomass renewable-energy operator, has filed draft papers for an initial public offering valued at up to ₹45.75 billion (≈US$520 million). The proposed issue comprises a fresh share component of up to ₹37.5 billion and an existing-shareholder sell-down of ₹8.25 billion. The filing reflects rising investor appetite for India’s energy-transition plays and the scaling ambitions of domestic green-energy firms.

SAEL Industries, an Indian solar and biomass renewable-energy operator, has filed draft papers for an initial public offering valued at up to ₹45.75 billion (≈US$520 million). The proposed issue comprises a fresh share component of up to ₹37.5 billion and an existing-shareholder sell-down of ₹8.25 billion. The filing reflects rising investor appetite for India’s energy-transition plays and the scaling ambitions of domestic green-energy firms.
Companies:
SAEL Industries
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ipo
india
ipo
india
renewable energy
sael industries
capital markets
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Nov 4, 2025 • 20:17 IST