Archive · 11 Aug 2025
ReNew Plans India IPO, Delisting from the US
ReNew, a renewable energy company, is planning to list its shares in India after being listed in the US through a merger.
They've hired financial advisors like JM Financial and Goldman Sachs to help with the process.
The company's main investors are also offering to buy back the existing shares.
ReNew began trading on the Nasdaq in 2021 and later rebranded.
They are working to provide renewable energy in India and have already set up many solar and wind projects across the country.
ReNew plans an IPO in India and delisting from the US.
JM Financial and Goldman Sachs are among the advisors for the India IPO.
A promoter consortium offered to buy back Nasdaq shares at $8 each.
ReNew debuted on Nasdaq in August 2021 and rebranded in February 2023.
ReNew's projects contribute 1.9% to India's power capacity.
- Who
- ReNew, a renewable energy company.
- What
- ReNew is planning an IPO in India and delisting from the US.
- When
- The company debuted on Nasdaq on August 24, 2021.
- Where
- India.
- Why
- To meet India’s growing energy needs in an efficient, sustainable, and socially responsible manner.
- Company
- ReNew
- IPO Plan
- India
- Listing History
- Nasdaq (RNW)
- Advisors
- JM Financial, Goldman Sachs
- Rebranding
- February 2023
- India's power capacity contribution
- 1.9%