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* - Tentative Dates
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 |
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 Indian renewable energy company focused on providing solar-based energy solutions and electricity generation services. The company is involved in the sale of solar pumps, execution of solar photovoltaic projects, and development of power generation infrastructure. Its offerings include rooftop solar installations, ground-mounted solar plants, and solar-powered water pumping systems designed for agricultural and commercial use. Ravindra Energy operates primarily in Karnataka, Maharashtra, and Rajasthan, supporting clean energy adoption across these regions through both project development and power sales.