Solar Module Manufacturer Cosmic PV Files for ₹6.4 Billion IPO

The proceeds from the IPO will be used for a module facility in Madhya Pradesh

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Solar module manufacturer Cosmic PV Power has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India to raise up to ₹6.4 billion (~$69 million) through an initial public offering (IPO) comprising a fresh issue and an offer for sale (OFS).

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