Rayzon Solar Limited has filed a Draft Red Herring Prospectus for a proposed initial public offering comprising a fresh issue aggregating up to ₹150 crore.
AZB & Partners is advising Rayzon Solar, according to the DRHP.
JSA Advocates and Solicitors are advising the Book Running Lead Managers - SBI Capital Markets Limited, Ambit Private Limited, and IIFL Capital Services Limited, on this IPO.
The transaction team is being led by Arka Mookerjee (Partner), with support from JSA’s Equity Capital Markets team: Siddhartha Desai (Partner), Arjun Rastogi (Principal Associate), Govind Roy (Senior Associate), and Prateek Khandelwal, Aditya Shendye, Ayushi Pandit, and Anvita Sinha (Associates).
Established in 2017, Rayzon Solar is a prominent player in the solar energy sector. Based in Surat, India, the Company is a leading manufacturer of photovoltaic (PV) modules and offers smart energy solutions. Beyond manufacturing, Rayzon also delivers world-class solar PV products, applications, and services.
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