Continuum Green Energy IPO
The Continuum Green Energy IPO is a book-built issue, comprising a fresh issue of ₹1,250 Cr and an offer for sale (OFS) of ₹2,400 Cr. The company filed its DRHP document with SEBI on December 9, 2024. The equity shares of the company will be listed on the BSE and NSE platforms.
The price band and official date of subscription and listing will be announced by the company later. This issue will be managed by Kotak Mahindra Capital Company Ltd., Jefferies India Private Ltd., IIFL Capital Services Ltd., J.P. Morgan India Private Ltd., Nomura Financial Advisory and Securities (India) Private Ltd. and Standard Chartered Capital Ltd. as book running lead managers (BRLMs), with KFin Technologies Ltd. as the registrar to the issue.
Company Background
Continuum Green Energy Ltd. was incorporated on May 10, 2007, in Coimbatore, Tamil Nadu and later moved its headquarters to Mumbai. It has transformed from a small private company in wind energy to a significant public limited company in renewable energy. The company focuses on developing and owning large-scale wind and solar projects, providing green power to industrial consumers and managing assets across states like Gujarat, Maharashtra and Madhya Pradesh.
