About Ricans Solar Energy IPO

Our Company operates in the solar energy sector under the brand “RICANS” as an Engineering, Procurement and Commissioning (EPC) service provider, engaged in the development and execution of solar power projects. We offer end-to-end turnkey solar solutions, including design, engineering, procurement and supply, construction and erection, testing, commissioning, and the associated transmission infrastructure for solar power plants across various categories of electricity consumers in India. Our project portfolio includes residential rooftop installations, commercial and industrial rooftop systems, as well as ground-mounted solar projects for power generation and energy management. Our EPC contracts are typically executed on a turnkey basis, covering a comprehensive range of services. These include site assessment and feasibility analysis, selection of optimal plant configurations, financial and technical evaluation of technology options, assessment of technology and grid connectivity risks, detailed engineering, and structuring of contracts. We also undertake procurement, supply chain and logistics management, construction and site execution, manpower deployment, and financial planning, along with providing warranties and guarantees. Further, operations and maintenance (O&M) services are provided to our clients through our group company, Solar ONM Services Private Limited, which include module cleaning, testing, repair and replacement of components, and periodic inspection of solar installations.

Ricans Solar Energy IPO Subscription Breakdown

Investory CategorySubscription PercentageAmount Raised (₹ Crores)
Qualified Institutional Buyers (QIBs)0%--
Non-Institutional Investors (NIIs)0%--
Retail Individual Investors (RIIs)100%--

Ricans Solar Energy IPO Financial Highlights

Ricans Solar Energy’s total income 0.00 by 0.00% and total expenses 1,793.37 by 91.64%, resulting in an EBITDA 256.82 by 133.26% and a profit after tax (PAT) 0.00 by 0.00% between March 31, 2025 and March 31, 2026.

Amount in Crores
1,793.37
1,793.3731 March 2026
935.81
935.8131 March 2025
328.7
328.731 March 2024
256.82
256.8231 March 2026
110.1
110.131 March 2025
6.48
6.4831 March 2024

1,793.37

1,614

1,435

1,255

1,076

897

717

538

359

179

0.00

Total Expenses
EBITDA

Ricans Solar Energy IPO Strengths & Weaknesses

No Data Found
No Data Found

Ricans Solar Energy IPO Important Dates & Issue Details

Allotment DateListing DateRefund Date
------
Issue Composition:
Face Value10 per share
Total Issue Size0 shares (aggregating up to To be announced)
Fresh Issue0 shares (aggregating up to To be announced)
Offer for Sale0 shares of ₹10 (aggregating up to To be announced)
Issue TypeBook building
Post-Issue Shareholding Pattern:
Pre-Issue Shareholding89.62 shares
Post-Issue Shareholding0 shares

Ricans Solar Energy IPO Lot Size and Investment Details

Minimum Lot Size--
Maximum Lot Size (Retail)--

The lot size of Ricans Solar Energy ipo has been designed to ensure broad participation while maintaining optimal price discovery.

How to Apply for Ricans Solar Energy IPO

  1. Log in to your Choice account
  2. Select IPO
  3. Enter the number of lots and your price
  4. Verify UPI ID
  5. Complete the transaction on your UPI app

Ricans Solar Energy IPO Contact & Registrar Details

Contact Details

Address

Address

Unit No A-05 (A) Ground Floor Iris Tech Park Gurgaon

Phone Number

Phone Number

+91 7428310036

Registrar Details

Address

Registrar Name

Phone Number

Phone Number

+91

Email

Email

Website

Website

Optivalue Tek Consulting Ltd IPO Lead Manager(s)

Book Running Lead Manager(s)
Expert Global Consultants Pvt Ltd

Ricans Solar Energy IPO FAQs

The minimum lot size is shares with a price band of ₹ to ₹ per share, requiring a minimum investment of ₹.

Check allotment status on the registrar's website using PAN number or application number after the Ricans Solar Energy IPO allotment date.

The listing date of Ricans Solar Energy IPO is scheduled for -- on NSE/BSE.

Investment decisions should be based on your risk appetite, financial goals, and a thorough analysis of the company's fundamentals and growth prospects.

Consider factors like company fundamentals, valuation, market conditions, and your investment portfolio before making any investment decision.

You can Ricans Solar Energy IPO apply online through your broker's trading platform, mobile app, or through the ASBA facility via internet banking.

The Ricans Solar Energy IPO allotment date and listing date are --and --, respectively.

Yes, you can apply through your bank's internet banking portal. The funds will remain in your account until allotment, and no need for separate IPO funding.