Ricans Solar Energy Ltd IPO
Pre Issue Shares
40,84,150
No. of Shares Issued
16,00,000
Pre Issue Equity Amt.
₹4.08 Cr
DP Filling Date
March 30, 2026
Ricans Solar Energy Ltd IPO Timeline
Ricans Solar Energy Ltd IPO Details
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| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Samarth Agarwal, Manila Agarwal |
- Strengths
- Risks
- Opportunities
- Promoter-led Operations with Relevant Industry Experience.
- Strong Relationships with Customers and Suppliers.
- Track Record in Rooftop Solar Project Execution.
- In-house Monitoring and Maintenance Capabilities.
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding incremental working capital requirements of the Company
- General Corporate Purposes
Ricans Solar Energy Ltd IPO Prospectus
Ricans Solar Energy Ltd IPO Listing Date
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| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Unit No.A-05(A) Grnd Flr IRIS-Tech Park Sector-48,Gurgaon-122018
Phone: +91 74283 10036
Email: cs@ricans.solar
Website: www.ricans.solar
Ricans Solar Energy Ltd IPO Registrar
Ricans Solar Energy Ltd IPO Lead Manager(s)
- Expert Global Consultants Private Limited
How to Check the Allotment Status of Ricans Solar Energy Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Ricans Solar Energy Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Ricans Solar Energy Ltd IPO
Ricans Solar Energy Limited was originally incorporated as 'Ricans Green Private Limited' dated November 02, 2016, with the Registrar of Companies, Central Registration Centre. Name of the Company was changed from 'Ricans Green Private Limited' to 'Ricans Greens Private Limited', on December 16, 2016, by the Registrar of Companies, Delhi. Thereafter, the name was again changed from 'Ricans Greens Private Limited' to 'Ricans Solar Energy Private Limited', and a fresh Certificate of Incorporation was issued on June 26, 2024. Subsequently, it was converted into a Public limited company, and the name of the Company was changed to 'Ricans Solar Energy Limited' dated August 30, 2024 by the Central Processing Centre.
