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.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 0% | -- |
| Non-Institutional Investors (NIIs | 0% | -- |
| Retail Individual Investors (RIIs) | 0% | -- |
Ricans Solar Energy Ltd’s total income 0 by 0.00% and total expenses 328.7 by -64.88%, resulting in an EBITDA 6.48 by -94.11% and a profit after tax (PAT) 0 by 0.00% between March 31, 2025 and March 31, 2026.
1793.3731 March 2026 | 935.8131 March 2025 | 328.731 March 2024 |
256.8231 March 2026 | 110.131 March 2025 | 6.4831 March 2024 |
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| -- | -- |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Ricans Solar Energy Ltd ipo has been designed to ensure broad participation while maintaining optimal price discovery.
Unit No A-05 (A) Ground Floor Iris Tech Park Gurgaon