₹200.53 Crores | Listing at BSE, NSE | Tue, Jun 16, 2026 - Wed, Jun 24, 2026
Ravindra Energy Ltd Rights Issue comprises 1.99 Cr equity shares aggregating to ₹200.53 Cr, offered at an issue price of ₹101 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Jun 8, 2026, with the Rights Issue being offered in the entitlement ratio of 1:9.
As per the terms of payment, ₹101 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jun 10, 2026.
The Rights Issue opens on Jun 16, 2026 and closes on Jun 24, 2026.
The deemed date of allotment is Jun 25, 2026, following which the equity shares are expected to be credited to demat accounts on Jul 1, 2026 and listed on NSE and BSE on Jul 1, 2026.
Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Ravindra Energy Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Mon, Jun 8, 2026
Entitlement Ratio
1 : 9
Open Date
Tue, Jun 16, 2026
Close Date
Wed, Jun 24, 2026
Ravindra Energy Ltd's revenue increased by 117% and profit after tax (PAT) rose by 271% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|
| Total Income | 543.20 | 250.42 |
| Profit After Tax | 80.83 | 21.81 |
| NET Worth | 422.02 | 338.50 |
| Reserves and Surplus | 243.64 | 160.20 |
| Amount in ₹ Crore | ||
Ravindra Energy Ltd. is an India-based renewable energy company primarily engaged in selling solar pumps, developing solar power projects, and generating and selling electricity. The company executes solar photovoltaic projects including rooftop solar installations, ground-mounted solar plants, and solar water pumping systems, with operations mainly across Karnataka, Maharashtra, and Rajasthan.
Key business segments:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in associate company Energy in Motion (EIM), by way of inter-corporate deposits or non-convertible debentures or by way of equity investment for repayment of ICD borrowed by EIM from one of its promoters i.e. Golden Green Innovations Private Limited | 150.00 |
| 2 | General corporate purposes | 48.71 |
| Total | 198.71 |
[Dilip Davda] REL is currently engaged in fast moving e-HCV segment. It marked steady growth in its top and bottom lines for the reported periods. Considering its last traded price, the RI is at a discount of around 26%, making it a reasonable offer. The company is poised for bright prospects ahead in e-HCV segment. Well-informed investors may park funds for medium to long term. Read detail review...
Ravindra Energy Rights Issue 2026 got oversubscribed by 1.41 times by the end of the bidding period with total bid quantity received by BSE and NSE of 2,79,02,641 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Jun 24 2026 17:00:00 | 1,83,50,378 | 95,52,263 | 2,79,02,641 | 1.41x |
Ravindra Energy Ltd
BC 105, Havelock Road,
Camp, Belgaum
Belagavi, 590001
The Ravindra Energy Rights Issue 2026 opens on Tue, Jun 16, 2026, and closes on Wed, Jun 24, 2026.
Ravindra Energy Rights Issue 2026 Schedule
| Last Date for credit of Rights Entitlements | Wed, Jun 10, 2026 |
| Last Date for renunciation of Rights Entitlements | Fri, Jun 19, 2026 |
| Issue Opening Date | Tue, Jun 16, 2026 |
| Issue Closing Date | Wed, Jun 24, 2026 |
| Date of Allotment (on or about) | Thu, Jun 25, 2026 |
| Date of Credit (on or about) | Wed, Jul 1, 2026 |
| Date of Listing (on or about) | Wed, Jul 1, 2026 |
You can apply for Ravindra Energy Rights Issue 2026 in two ways:
Steps to apply for Ravindra Energy Rights Issue 2026 using Net Banking (ASBA)
Steps to apply for Ravindra Energy Rights Issue 2026 using Registrar's website (R-WAP)
