Status
Announced
Official links
- Draft prospectusDRHP means the draft prospectus. It describes the company before the price and the dates are fixed.
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Vishakha Renewables Ltd. IPO is announced. The offer is a fresh issue of ₹1,250 crore. In FY26, total income was ₹390.93 crore and profit after tax was ₹173.45 crore. Total income was down 74.7% from ₹1,543.59 crore in FY25. Profit after tax was up 206.9% from ₹56.51 crore in FY25.
Vishakha Renewables Ltd. is at the draft prospectus stage. A DRHP is the draft red herring prospectus a company files before a public issue opens. It describes the business, the promoters, and how any fresh money would be used. It does not set the price band, the lot size, or the dates. Those are fixed later, in the red herring prospectus.
What to watch next for Vishakha Renewables Ltd. is the opening date, the closing date, the price band, and the lot size. This page will list each figure only after it is announced. It will not guess a price, a date, or a grey market premium. Until those details are out, read the draft prospectus if this page links to it. Check who the promoters are and what the company says the money is for. When the dates are published, the timeline here will show the open, the close, allotment, refunds, the credit to your demat account, and the listing.
Vishakha Renewables makes components for solar modules, such as solar glass, aluminium frames, encapsulants and back sheets. These are sold to solar panel makers.
Dates
Opens
TBA
Closes
TBA
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
TBA
Refunds
TBA
Demat credit
TBA
Listing
TBA
Objects of the issue
- Repayment and/or pre-payment, in part or full, of all or certain outstanding borrowings of the Company
- General corporate purposes
Promoters
Jigish Nagindas Doshi, Akshat Jigishbhai Doshi, Gautam S.Adani, Rajesh S.Adani, Vinod S.Adani, Adani Properties Pvt.Ltd., Adani Commodities and S.B.Adani Family Trust
Issue structure
Fresh issue
₹1,250 crore
Issue
- Face value
- ₹10
- Fresh issue
- ₹1,250 crore
- Exchanges
- BSE, NSE
- Registrar
- MUFG Intime India Pvt. Ltd.
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY24 | ₹1,020.13 crore | ₹33.09 crore |
| FY25 | ₹1,543.59 crore | ₹56.51 crore |
| FY26 | ₹390.93 crore | ₹173.45 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY24 | ₹458.99 crore |
| FY25 | ₹892.52 crore |
| FY26 | ₹762.26 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY24 | 1,020.13 | 33.09 | 458.99 | — | — |
| FY25 | 1,543.59 | 56.51 | 892.52 | — | — |
| FY26 | 390.93 | 173.45 | 762.26 | — | — |
Frequently asked questions
What is the issue size?
The offer is a fresh issue of ₹1,250 crore.
Where is the DRHP?
The DRHP for Vishakha Renewables Ltd. is linked on this page.
This page is a calendar of dates and prices. It is not a recommendation to apply.