Continuum Green Energy IPO Details

MAINBOARD

Continuum Green Energy IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

The Lead Managers for Continuum Green Energy IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Kotak Mahindra Capital Company Ltd, Ambit Pvt Ltd, Citigroup Global Markets India Pvt Ltd, Jm Financial Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Continuum Green Energy Limited DRHP.

Continuum Green Energy IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
1,37,40,95,407 shares
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
SEBI Approval Received

Continuum Green Energy IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Continuum Green Energy IPO Reservation

Promoter Holding

Pre Issue:85.35%
Post Issue:-
Promoter Names:
Arvind Bansal, Vikash Saraf, Continuum Green Energy Holdings Limited, Continuum Energy Pte. Ltd., Clean Joules Pte. Ltd., Starlight Pacific Ventures Pte. Ltd.

Documents

Continuum Green Energy IPO Valuations

ROCE:19.20%

Continuum Green Energy Financial Information

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets15,789.0513,163.5211,439.487,318.09
Revenue439.421,378.851,112.556,963.96
Profit After Tax-111.7-597.98-367.15-75.08
Net Worth352.07184.32330.21705.62
Total Borrowing14,490.7912,369.5110,479.126,195.57
Amount in ₹ Crore

About Continuum Green Energy IPO

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.

Strength Of Continuum Green Energy IPO

To be announced

Risk Of Continuum Green Energy IPO

To be announced

Objectives Continuum Green Energy IPO

  1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by certain of the Subsidiaries, including payment of accrued interest thereon, through investment in such Subsidiaries.
  2. General corporate purposes.

Company Contact Details

Continuum Green Energy Limited
Survey No. 356 and 391 Periyakumarapalayam Village
Gudimangalam, Dharapuram Taluk,
Tirupur District 642 201, Coimbatore, Tamil Nadu
Phone: +91 22 2570 1567
Email: secretarial@continuumenergy.in
Website: https://www.continuumenergy.in/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

Continuum Green Energy IPO - FAQs

The Continuum Green Energy IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹3,650.00 Cr. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Continuum Green Energy IPO opens on TBA.

Continuum Green Energy IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Continuum Green Energy IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Continuum Green Energy IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Continuum Green Energy IPO allotment status for updates.

The listing date for the Continuum Green Energy IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Continuum Green Energy IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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