{
  "id": 9936174,
  "title": "Deon Energy files draft papers with Sebi to raise funds via IPO",
  "url": "https://urgent.news/2026/09/26/deon-energy-files-draft-papers-with-sebi-to-raise-funds-via-ipo-9936174",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-26T07:17:18.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/ipos/fpos/deon-energy-files-draft-papers-with-sebi-to-raise-funds-via-ipo/articleshow/134499658.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Deon Energy, a solar engineering, procurement, and construction company based in Ahmedabad, has filed draft papers with Sebi to raise funds through an IPO. The proposed IPO includes a fresh issue of up to 72 lakh equity shares and an offer for sale of up to 20 lakh shares by promoters. The company plans to use the proceeds from the IPO to set up a 30 MW DC independent power production plant in Gujarat's Junagadh, Surendranagar, and Kachchh districts, as well as allocate funds towards working capital requirements and general corporate purposes. This expansion marks Deon Energy's entry into solar power generation, complementing its existing EPC business.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "Integrum Energy Infrastructure files papers with SEBI to raise funds via IPO",
        "url": "https://urgent.news/2026/09/25/integrum-energy-infrastructure-files-papers-with-sebi-to-raise-funds",
        "published": "2026-09-25T08:01:49.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "Kian-M Export files IPO papers with Sebi to raise ₹500 cr via fresh issue",
        "url": "https://urgent.news/2026/09/25/kian-m-export-files-ipo-papers-with-sebi-to-raise-500-cr-via-fresh",
        "published": "2026-09-25T13:53:03.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "JSW One Platforms files draft papers for Rs 3,054 crore IPO",
        "url": "https://urgent.news/2026/09/26/jsw-one-platforms-files-draft-papers-for-rs-3-054-crore-ipo",
        "published": "2026-09-26T05:52:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}