100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4441.26 Crs.  Total funds raised in 2,025.00

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

Rayzon Solar IPO (Rayzon Solar Limited IPO) Detail

Rayzon Solar IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ [●] Cr. The company is based in Surat and caters to Solar sector. Ambit , IIFL Securities , SBI Capital Markets are the merchant bankers of Rayzon Solar IPO. It is a MainBoard Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th June 2025.

Rayzon Solar IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : MainBoard Upcoming
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ Cr. Avg IPO Size (Sector Based) : ₹ 2,490.22 cr.
  • Sector: Solar IPO so far: 6
  • Merchant Banker: Ambit Private IPO by BRLM so far: 16
  • City: Surat IPO so far: 1
  • Revenue (annualised): ₹ 2609.33 cr.
            PAT: (annualised): ₹ 318.71 cr. Read Financial Information >>
  • PE Ratio: x Average Sector PE Ratio: 19.23x

Rayzon Solar IPO Date

Date of DRHP:
25th June 2025
IPO Open Date:
[●]
IPO Close Date:
[●]
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
[●]

Rayzon Solar IPO Info, Size, Subscription

Rayzon Solar IPO size is ₹ [●] with IPO price of ₹ [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
[●]

Issue Price:
[●]

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
98.07 %

Post Issue Promoter Holding :
[●]

Rayzon Solar IPO Information

Sub Sector : Solar photovoltaic (PV) module manufacturers
"Rayzon Solar Limited ranks among the top 10 solar photovoltaic (PV) module manufacturers in India, with an installed capacity of 6.00 GW as of March 31, 2025 (Source: CRISIL Report). It is a certified manufacturer under the Ministry of New and Renewable Energy’s Approved List of Module Manufacturers (ALMM), with an enlisted capacity of 3.00 GW—accounting for 3.8% of the total ALMM enlisted capacity as of April 21, 2025 (Source: CRISIL Report).

Solar PV modules are produced at two manufacturing facilities located in Karanj and Sava, Surat, Gujarat, each with an installed capacity of 3.00 GW. An additional 2.00 GW of module manufacturing capacity is under development at the Sava facility in Mangrol, Surat, Gujarat, and is anticipated to become operational by October 2025.

Through its subsidiary,
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Object of Issue (Rayzon Solar IPO Objectives)

  • "Investment in its wholly owned Subsidiary, Rayzon Energy Private Limited (“REPL”), for part financing the cost of establishing the manufacturing facility
  • General corporate purposes

Ambit Private Limited is the book-running lead manager of the Rayzon Solar IPO. Kfin Technologies Limited is the Registrar for Rayzon Solar IPO.

Rayzon Solar IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Rayzon Solar IPO?

Rayzon Solar IPO, based in Surat, operates in the   Solar sector with a focus on Solar photovoltaic (PV) module manufacturers. The company is launching its MainBoard Upcoming IPO on the BSE,NSE exchange, using the Book Building Issue method. Rayzon Solar IPO size is ₹ [●] with fresh issue size of ₹ [●] and Offer for sale being ₹ Nil

When is Rayzon Solar IPO allotment?

The IPO allotment date for Rayzon Solar IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Rayzon Solar IPO allotment status on the registrars website, Kfin Technologies Limited . Rayzon Solar IPO refund dates are [●].

When is Rayzon Solar IPO listing date?

Rayzon Solar IPO is expected to be listed on [●].

What is the price band for Rayzon Solar IPO?

The upper price band for the Rayzon Solar IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Rayzon Solar IPO Review?

For IPO analysis on Rayzon Solar IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Rayzon Solar IPO?

To apply for the Rayzon Solar IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Rayzon Solar IPO is finalised.

Who is the merchant banker of Rayzon Solar IPO?

The merchant banker for Rayzon Solar IPO is Ambit Private Limited , IIFL Securities Limited , SBI Capital Markets Limited . Ambit Private Limited , IIFL Securities Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rayzon Solar IPO RHP for further details.

Who is the Registrar of Rayzon Solar IPO?

The registrar for Rayzon Solar IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Rayzon Solar IPO through their official website or helpline.

What is the Rayzon Solar IPO subscription?

Rayzon Solar IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Rayzon Solar IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rayzon Solar Financial Review Page

Rayzon Solar IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Rayzon Solar IPO listed at a listing price of against the offer price of .

The current market price of Rayzon Solar is .

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