

Gurugram-based Ricans Solar Limited has filed its Draft Red Herring Prospectus on March 30, 2026 on the Bombay Stock Exchange SME platform for an entirely book-built offer for 16,00,000 fresh shares aggregating to ₹15 crore+.
Legacy Law Offices advised and acted as the legal counsel for Ricans Solar Ltd on this SME IPO.
The transaction team was led by Amarendra Gogoi (Partner) and Naman Anand (Counsel).
Ricans Solar offers end-to-end turnkey solar solutions, including design, engineering, procurement and supply, construction and erection, testing, commissioning, and the associated transmission infrastructure for solar power plants across various categories of electricity consumers in India. Ricans’ project portfolio includes residential rooftop installations, commercial and industrial rooftop systems, as well as ground-mounted solar projects for power generation and energy management.
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