Juniper Green and Rayzon Solar file DRHPs with SEBI to raise IPOs
Juniper Green Energy and Rayzon Solar Limited have filed draft red herring prospectuses (DRHPs) with SEBI to raise a total of Rs 45 billion through initial public offerings (IPOs) of equity shares. Juniper Green Energy aims to raise over Rs 30 billion. The IPO will be a pure fresh issue, with no offer-for-sale component. Of the total proceeds, Rs 10.92 billion will go toward debt repayment and Rs 11.57 billion for repayments related to subsidiaries,…