SBI Capital Markets, HDFC Bank among 4 book runners appointed for NLC India Renewables IPO

NLC India Renewables has engaged four investment banks to facilitate its much-anticipated initial public offering. This IPO is designed to enhance the company’s capital structure, fueling its ambitious growth objectives. The firm aims to broaden its renewable energy initiatives and align with national energy goals, currently managing 1,785 MW in solar, wind, and battery storage systems. Plans for aggressive expansion are in motion across various states in India.

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