Kian-M Export files IPO papers with Sebi to raise ₹500 cr via fresh issue
Apart from the fresh issue, there will be an offer for sale (OFS) of up to 15 lakh equity shares, according to the Draft Red Herring Prospectus (DRHP) filed on Thursday.
Renewable energy solutions provider Integrum Energy Infrastructure has submitted preliminary documents to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) aimed at bolstering its working capital, expanding its project portfolio, and reducing debt. The proposed IPO includes a fresh issuance of 1.58 crore equity shares and an Offer for Sale (OFS) of 82.42 lakh shares by promoters and existing shareholders, totaling 2.41 crore shares.
These funds will be used to finance working capital needs, invest in Integrum Green Assets Pvt Ltd for wind turbine procurement, repay or prepay certain outstanding loans, and make strategic acquisitions, including a controlling stake in Stactiv Energy Services Pvt Ltd. The Bengaluru-based firm also intends to utilize the proceeds for general corporate purposes.
Integrum Energy Infrastructure, originally slated for a BSE SME listing in 2025, currently operates as an integrated renewable energy and energy-management platform serving commercial and industrial customers across hybrid, wind, and solar projects. As of August 31, 2026, the company has commissioned 263.19 MW of renewable energy capacity, with an executable order book of 241 MW across these technologies, dominated by hybrid and wind projects.
The IPO is being led by Mefcom Capital Markets, Centrum Broking, and Beeline Capital Advisors, with comments to be submitted in English.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Integrum Energy Infrastructure files papers with SEBI to raise funds via IPO thehindubusinessline.com
