Bookbuilding IPO | ₹3,650 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Continuum Green Energy Ltd. on April 15, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Continuum Green Energy Ltd. IPO is a Book Build Issue of ₹3,650.00 crores consisting of a fresh issue of shares worth Rs ₹1,250.00 crores and an offer for sale (OFS) of ₹2,400.00 crores.
The equity shares are proposed to be listed on NSE and BSE. Kotak Mahindra Capital Co.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Continuum Green Energy IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹3,650 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹1,250 Cr) |
| Offer for Sale | [.] shares of ₹10 (agg. up to ₹2,400 Cr) |
| Share Holding Pre Issue | 1,37,40,95,407 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Dec 16, 2024 |
| SEBI/Exchange approval received | Tue, Apr 15, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
Continuum Green Energy Limited (CGELI) is an independent power producer (“IPP(s)”). The company is engaged in the business of identifying, developing, constructing and operating renewable energy projects in India.
CGELI has a single operating project site, the Rajkot project (Gujarat), which has an operational capacity of 394.30 MWp.
The company employ a joint operation and maintenance (“O&M”) arrangement among multiple parties including the Company, original equipment manufacturer (“OEM”) vendors and contractors. O&M operators and suppliers, such as Vestas Wind Technology India Private Limited, GE Renewable R&D India Private Limited, Inox Green Energy Services Limited, Suzlon Global Services Limited and more.
Competitive Strengths:
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 15,789.05 | 13,163.52 | 11,439.48 | 7,318.09 |
| Total Income | 439.42 | 1,378.85 | 1,112.55 | 6,963.96 |
| Profit After Tax | -111.70 | -597.98 | -367.15 | -75.08 |
| NET Worth | 352.07 | 184.32 | 330.21 | 705.62 |
| Total Borrowing | 14,490.79 | 12,369.51 | 10,479.12 | 6,195.57 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 19.20% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 85.35% |
Continuum Green Energy IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹3,650 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Continuum Green Energy IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Continuum Green Energy IPO using UPI as a payment gateway. Zerodha customers can apply in Continuum Green Energy IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Continuum Green Energy IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Continuum Green Energy IPO dates are not announced. Please check back again after some time.
Continuum Green Energy IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Continuum Green Energy IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Continuum Green Energy IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Continuum Green Energy IPO allotment status.
The Continuum Green Energy IPO listing date is not yet announced. The tentative date of listing is .
