Kolkata-based Vikram Solar has filed a draft red herring prospectus (DRHP) with SEBI to raise funds through an IPO, featuring a fresh issue of shares up to INR 1,500 crore and an offer for sale of 17.45 million equity shares. The company plans to use proceeds for a 3 GW solar cell manufacturing facility and expand its module capacity, aiming for 10.
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