Ravindra Energy Rights Issue dates is not finalized.
Ravindra Energy is a renewable energy and clean mobility enterprise. Primarily operating as an Independent Power Producer (IPP), the company focuses on solar power generation (ground-mounted and rooftop projects), agricultural solar water pump installations, and electric vehicles (EV).
In FY26, Ravindra Energy commands a renewable energy portfolio of 486.3 MWp across 113 locations in Maharashtra and Karnataka. This includes 228.9 MWp of fully operational assets that generated 194.1 million kWh of green energy in FY26, alongside 258.5 MWp of projects under construction and development. Expanding into clean technology, its EV division—operating under the Energy In Motion (EIM) brand—focuses on Electric Heavy Commercial Vehicles (E-HCVs). The division delivered 311 units in FY26 and runs an assembly plant in Pune with an annual production capacity of 5,000 units.
Promoters of Ravindra Energy – Khandepar Investments Private Limited, Vidya Madhusudan Murkumbi, Narendra Madhusudan Murkumbi and Supriya Shailesh Rojekar
Ravindra Energy Rights Issue Details
| Ravindra Energy Rights Issue Date | Coming soon |
| Ravindra Energy Rights Issue Price | INR 101 per share |
| Issue Size (in Shares) | 1,98,32,834 shares |
| Issue Size (in INR) | INR 200.31 crore |
| Issue Entitlement | 1 equity share for every 9 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Ravindra Energy Rights Issue Record Date | Coming soon |
| Face Value | INR 10 per share |
| Listing On | BSE, NSE |
Ravindra Energy Rights Issue Calculation
| Ravindra Energy Rights Issue Price | INR 101 per share |
| Market Price on Rights Issue Approval | INR 125.05 per share |
| Dilution Factor (X) | 1.11 |
| Fair Value After Dilution at Prevailing Price | INR 122.65 per share |
Ravindra Energy Financial Performance
| FY 2024 | FY 2025 | FY 2026 | |
| Revenue | 131 | 250 | 543 |
| Expenses | 97 | 208 | 412 |
| Operating Margin (%) | 26 | 17 | 24 |
| Net Income | (51) | 22 | 81 |
| ROCE (%) | 11 | 10 | 16 |
Ravindra Energy Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Investment in associate company Energy in Motion (EIM), by way of inter-corporate deposits or NCD or by way of equity investment for repayment of ICD borrowed by EIM from promoters Golden Green Innovations Private Limited – INR 150 crore
- General corporate purposes
Ravindra Energy Rights Offer Documents
Ravindra Energy Rights Issue Dates
| Rights Issue Approval Date | 16 May 2026 |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Ravindra Energy Rights Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
RAVINDRA ENERGY LIMITED
B-3702, Kohinoor Square, N. C. Kelkar Marg,
Dadar (West), Mumbai – 400 028, Maharashtra
Tel: +91 831 240 6600
Email: [email protected]
Website: www.ravindraenergy.com
Ravindra Energy Rights Offer FAQs
What is the Ravindra Energy Rights Issue Price?
The issue price is INR 101 per share.
What is the Ravindra Energy Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Share for every 9 Equity Shares held on the record date.
What is the Ravindra Energy Rights Issue Record Date?
The Record date is Coming soon
How to Apply in Ravindra Energy Rights Offer?
The best way to apply in Ravindra Energy Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
Rajat Bhati has a strong technical background and 5 years of experience in the stock market. He focuses on equity research, technical analysis, IPO valuations, and risk management, helping investors make clearer, data-backed decisions. Today, he works full-time to educate people about the opportunities in IPO market.
