Rayzon Solar Ltd
Pre Issue Shares
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No. of Shares Issued
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Pre Issue Equity Amt.
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DP Filling Date
25 June 2025
Rayzon Solar Ltd IPO Timeline
Rayzon Solar Limited was originally formed as a partnership Firm under the name and style of M/s. Rayzon Green Energies' pursuant to the partnership deed dated February 13, 2017, and was registered under the Indian Partnership Act, 1932 with the Registrar of Firms, Surat, Gujarat on April 4, 2017. Subsequently, the partnership Firm, M/s. Rayzon Green Energies converted to a private Company, which incorporated on June 20, 2022, and its certificate of incorporation was issued on June 22, 2022 with the name 'Rayzon Solar Private Limited', by the Registrar of Companies, Central Registration Centre. Company was subsequently converted from a private Company to a public Company, name was changed to 'Rayzon Solar Limited', and a fresh certificate of Incorporation was issued by the Central Processing Centre on May 13, 2025.
Rayzon Solar Ltd IPO Details
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| Company Promoters | Hardik Ashokbhai Kothiya, Chirag Devchandbhai Nakrani, Ashokbhai Manjibhai Kothiya |
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Investment in our wholly owned Subsidiary, Rayzon Energy Private Limited ("REPL"), for part financing the cost of establishing the manufacturing facility with 3.5 GW installed capacity,
- General corporate purposes*#
Rayzon Solar Ltd IPO Prospectus
Rayzon Solar Ltd IPO Listing Date
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| IPO Price | ₹0 |
| Face Value | ₹2 |
Company Contact Information
1104-1107&1109-1110 11th FlrMille.Busi.Hub Sarthana Jakatn,Surat-395006
Phone: +91 98980 89173
Email: ir@rayzonenergies.com
Website: https://rayzonsolar.com/
Rayzon Solar Ltd IPO Registrar
Rayzon Solar Ltd IPO Lead Manager(s)
- SBI Capital Markets Limited
- Ambit Private Limited
- IIFL Capital Services Limited