Latest news with #VikramSolar
Time of India
4 days ago
- Business
- Time of India
Vikram Solar's new TVC promotes a brighter future driven by solar energy
HighlightsVikram Solar, one of India's leading solar photovoltaic module manufacturers, has launched its inaugural television commercial ad campaign titled 'Khushiyon Wali Sunshine' to penetrate the growing energy market in the country. The advertisement features a young protagonist who uses the word 'Hanji' as a metaphor for assurance and care, demonstrating how Vikram Solar provides dependable energy solutions in everyday life. The campaign aims to inspire individuals and businesses to adopt clean energy as a joyful choice, reflecting Vikram Solar's commitment to innovation, reliability, and a sustainable future. Vikram Solar , one of India's solar PV module manufacturers , has launched its first ever TVC ad campaign — ' Khushiyon Wali Sunshine '. The launch marks the first of many efforts by the brand to penetrate the growing energy market in the country. At the heart of this debut TVC is a simple yet powerful message- that with Vikram Solar, every challenge finds a seamless, caring solution. The film showcases a spirited young protagonist who uses this simple word – Hanji, that becomes a powerful metaphor for assurance, care, and the brand's promise of a dependable energy solution. Set in a serene hill town, the film follows a local family hosting guests, with their youngest member eagerly taking on every little responsibility, responding to every request with a cheerful 'Hanji'—a word that quietly reassures, 'I am here for you.' Through everyday moments- adjusting lights, ensuring comfort and anticipating needs, the narrative subtly highlights how Vikram Solar powers every corner of the home. The child's gentle affirmation becomes much more than a reply, it establishes that with every ray of sunshine, Vikram Solar is lighting up lives—one 'Hanji' at a time. 'Khushiyon Wali Sunshine' is more than an ad. It's a celebration of Vikram Solar's vision to touch lives - highlighting how households and businesses can transition from traditional energy sources to efficient solar solutions , the company stated in a press release. The 'Khushiyon Wali Sunshine' ad film is now live across multiple TV channels, digital platforms and other media, supported by an integrated strategy that includes social media activations as well. Gyanesh Chaudhary , chairman and managing director, Vikram Solar, said, 'With 'Khushiyon Wali Sunshine,' we aim to inspire individuals and businesses to adopt clean energy not just as a necessity, but as a joyful, forward-looking choice. This campaign reflects our continued commitment to innovation, reliability, and building a brighter, greener tomorrow.' Vikram Solar launched this brand campaign 'Khushiyon Wali Sunshine', aimed at championing clean energy with a human touch, it added. Building on the momentum, the campaign now expands to include Vikram Solar's first-ever TVC, bringing the message of sustainable living and everyday joy to a wider national audience. Watch the video here:
Economic Times
12-06-2025
- Business
- Economic Times
Big-ticket IPOs ahead: NSDL, HDB Financial, and other marquee firms set for market debuts soon
India's IPO market rebounds; 67 firms eye over Rs 1 lakh crore fundraising. Synopsis After a slow start to the year, India's IPO market is regaining momentum with over 30 companies tapping the markets in the last two months. More than 67 firms await SEBI approval to raise over Rs 1 lakh crore. Key listings in the pipeline include NSDL, HDB Financial, and Vikram Solar, with FY26 IPO fundraising projected to surpass Rs 2 lakh crore. India's IPO market, which had shown resilience in recent years, witnessed a sharp slowdown through most of the first half of the current year. However, activity has picked up recently, buoyed by a recovery in the secondary markets. Over 30 companies, including those in the SME segment, have tapped public markets in the last two months. ADVERTISEMENT As of now, over 67 companies with plans to raise more than Rs 1 lakh crore are awaiting SEBI approval. Analysts remain optimistic that FY26 could see IPO fundraising cross Rs 2 lakh crore, supported by strong fundamentals and robust retail investor participation. Key upcoming listings include NSDL, Hero FinCorp, and HDB Financial Services. Other anticipated public issues later this year are Reliance Jio, LG Electronics India, Zepto, and Ather Energy. NSDL is pressing ahead with its IPO plans for July, expected to raise about $400 million. As India's largest depository by assets under custody, NSDL's IPO will be managed by ICICI Securities, Axis Capital, HSBC Holdings, and IDBI Capital, and will comprise 50.1 million shares, as per previous stock exchange markets regulator SEBI recently granted approval to the IPOs of Vikram Solar and HDB Financial Services. These two marquee listings are expected to hit the markets within the next two months. ADVERTISEMENT A subsidiary of HDFC Bank, HDB Financial Services filed its DRHP in November last year. The company plans to raise Rs 12,500 crore, consisting of a Rs 2,500 crore fresh issue and an offer for sale (OFS) of Rs 10,000 crore by HDFC Financial offers a range of secured and unsecured loans and operates through a network of over 1,680 branches across India. ADVERTISEMENT Meanwhile, Kolkata-based Vikram Solar filed its draft DRHP in October. The IPO will include a fresh issue of equity shares worth up to Rs 1,500 crore, and an OFS of up to 1.75 crore shares by existing Solar specializes in the manufacture of solar photovoltaic modules and provides engineering, procurement, and construction (EPC) services. (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Time of India
12-06-2025
- Business
- Time of India
Big-ticket IPOs ahead: NSDL, HDB Financial, and other marquee firms set for market debuts soon
India's IPO market, which had shown resilience in recent years, witnessed a sharp slowdown through most of the first half of the current year. However, activity has picked up recently, buoyed by a recovery in the secondary markets. Over 30 companies, including those in the SME segment, have tapped public markets in the last two months. As of now, over 67 companies with plans to raise more than Rs 1 lakh crore are awaiting SEBI approval. Analysts remain optimistic that FY26 could see IPO fundraising cross Rs 2 lakh crore, supported by strong fundamentals and robust retail investor participation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Oma gab ihr diesen Tipp – heute ist sie viel leichter Wohlfühl-Journal Undo High-Profile IPOs in the Pipeline Key upcoming listings include NSDL, Hero FinCorp, and HDB Financial Services. Other anticipated public issues later this year are Reliance Jio, LG Electronics India, Zepto, and Ather Energy . NSDL is pressing ahead with its IPO plans for July, expected to raise about $400 million. As India's largest depository by assets under custody, NSDL's IPO will be managed by ICICI Securities, Axis Capital , HSBC Holdings, and IDBI Capital, and will comprise 50.1 million shares, as per previous stock exchange filings. Live Events Capital markets regulator SEBI recently granted approval to the IPOs of Vikram Solar and HDB Financial Services. These two marquee listings are expected to hit the markets within the next two months. A subsidiary of HDFC Bank , HDB Financial Services filed its DRHP in November last year. The company plans to raise Rs 12,500 crore, consisting of a Rs 2,500 crore fresh issue and an offer for sale (OFS) of Rs 10,000 crore by HDFC Bank. HDB Financial offers a range of secured and unsecured loans and operates through a network of over 1,680 branches across India. Meanwhile, Kolkata-based Vikram Solar filed its draft DRHP in October. The IPO will include a fresh issue of equity shares worth up to Rs 1,500 crore, and an OFS of up to 1.75 crore shares by existing shareholders. Vikram Solar specializes in the manufacture of solar photovoltaic modules and provides engineering, procurement, and construction (EPC) services.
Mint
04-06-2025
- Business
- Mint
Upcoming IPOs: Vikram Solar, Shreeji Shipping and 3 other companies get SEBI go-ahead for public offer
Upcoming IPOs: The Securities and Exchange Board of India (SEBI) has recently given the green light to five firms for their initial public offerings (IPOs), indicating a strong pipeline in the Indian capital markets. These approvals cover a variety of industries, such as renewable energy, financial services, steel production, specialty chemicals, jewelry, and logistics. Vikram Solar, a manufacturer of solar modules, is launching an IPO that consists of a fresh share issuance of up to ₹ 1,500 crore and an offer for sale (OFS) of approximately 17.45 million equity shares from promoters and the promoter group. The company intends to utilize the proceeds of ₹ 793.36 crore for capital investments via its wholly-owned subsidiary, VSL Green Power Pvt Ltd, to establish a 3,000-MW facility dedicated to solar cell and module production. Moreover, ₹ 602.95 crore has been allocated for the enhancement of the current solar module manufacturing facility, increasing its capacity from 3,000 MW to 6,000 MW, along with funds designated for general corporate needs. According to the draft documents, Shreeji Shipping Global Ltd's initial public offering, which offers shipping and logistics solutions for dry bulk cargo, consists solely of a new issuance of 2 crore equity shares. The firm intends to allocate ₹ 289.4 crore from the IPO proceeds to acquire supramax dry bulk carriers in the secondary market and plans to use an additional ₹ 19.5 crore for debt repayment. Dorf-Ketal Chemicals India plans to launch an IPO worth ₹ 5,000 crore, consisting of a fresh issuance of equity shares totaling up to ₹ 1,500 crore and an Offer for Sale (OFS) of shares valued at ₹ 3,500 crore by the Menon Family Holdings Trust, according to the draft documents. The fresh issue's proceeds, amounting to ₹ 829 crore, will be utilized to reduce the company's debt, while ₹ 333 crore will be invested in its subsidiary, Dorf Ketal Chemicals FZE, to settle or prepay its existing borrowings, and the remaining funds will be allocated for general corporate needs. A-One Steels India aims to raise ₹ 600 crore by issuing new equity shares, while the promoters plan to divest shares worth ₹ 50 crore through an Offer for Sale (OFS). The company intends to allocate the net proceeds from the fresh issue towards investing in its subsidiary, Vanya Steels Pvt Ltd, for the acquisition of machinery and equipment, expanding its manufacturing facilities, and investing in Group captive power for solar energy procurement. Additionally, A-One Steels will use the funds to settle debts and for general corporate needs. Shanti Gold International, a manufacturer of gold jewellery, is launching its first public offering, which comprises solely a fresh issue of 1.8 crore equity shares, according to the draft documents. The funds raised from the fresh issue amounting to ₹ 45.83 crore will be dedicated to establishing the facility in Jaipur; ₹ 190 crore is designated for meeting the company's increased working capital needs; ₹ 20 crore will go towards debt repayment, and a portion will be allocated for general corporate purposes. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
04-06-2025
- Business
- Time of India
Vikram Solar gets SEBI nod for IPO with fresh issue of ₹1,500 crore, OFS of 17.45 million shares
New Delhi: Vikram Solar Ltd has received final observation from the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO), comprising a fresh issue of shares worth up to ₹1,500 crore and an offer for sale (OFS) of up to 1.745 crore equity shares by promoter and promoter group selling shareholders. According to the draft red herring prospectus, the company plans to use ₹793.36 crore from the net proceeds for partial funding of capital expenditure via investment in its wholly owned subsidiary, VSL Green Power Private Limited. The funds will be utilised to set up a 3,000 MW solar cell and 3,000 MW solar module manufacturing facility. An additional ₹602.95 crore will be used to expand the existing solar module manufacturing facility under Phase I from 3,000 MW to 6,000 MW, also through VSL Green Power Private Limited. The remaining proceeds will be used for general corporate purposes. As of March 31, 2024, Vikram Solar had an installed manufacturing capacity of 4.5 GW for solar PV modules. The company is listed on the Ministry of New & Renewable Energy's Approved List of Module Manufacturers (ALMM) among pure-play non-captive manufacturers. The company operates manufacturing facilities at Falta SEZ in Kolkata, West Bengal, and Oragadam in Chennai, Tamil Nadu. It has plans to increase its installed capacity to 10.5 GW by fiscal 2026 and 15.5 GW by fiscal 2027. It is also setting up a 3 GW solar cell manufacturing facility in Tamil Nadu as part of its backward integration strategy. Vikram Solar reported a 21.11 per cent increase in revenue from operations, rising from ₹2,073.23 crore in FY23 to ₹2,510.99 crore in FY24. EBITDA grew from ₹186.18 crore in FY23 to ₹398.58 crore in FY24. The company's product portfolio includes Tunnel Oxide Passivated Contact (TOPCon) modules, Heterojunction Technology (HJT) modules, and Passivated Emitter and Rear Contact (PERC) modules in both bifacial and monofacial formats. The book-running lead managers to the issue are JM Financial Ltd, Nuvama Wealth Management Ltd, UBS Securities India Pvt Ltd, Equirus Capital Pvt Ltd, and PhillipCapital (India) Pvt Ltd. Link Intime India Pvt Ltd is the registrar to the issue.
