Acme Solar Holdings IPO Details
The Acme Solar Holdings IPO issue will be mix of offer for sale and fresh issue.
The OFS consist of Rs. 1000 crores and the company will not receive any funds from the proceeds of the OFS.
The company has lasso floated Rs. 2000 crores fresh issue. Through the fresh issue company proposes to utilize Rs. 1500 crores for repayment of certain borrowings. Rest Rs. 500 crores will be used for general corporate purposes.