27 Sep 2025 | 3 Mins Read

Deon Energy files draft papers for Rs 150 crore IPO

Flipitmoney

Deon Energy filed draft papers with Sebi for a Rs 150 crore IPO. The fresh issue funds will be used for working capital requirements (Rs 100 crore) and general corporate purposes. The company executes renewable energy solutions with a 140.29 MWDC total installed capacity and Rs 299 crore revenue from operations as of March 2025.