JJ PV Solar

JJ PV Solar Limited - IPO

SME

JJ PV Solar IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
17500000
Share holding post issue
24000000
Total Issue Size
65,00,000 shares (aggregating up to ₹0.00 Cr)
Fresh Issue
-
Offer for Sale
-
DRHP Status
Filed with Exchange

JJ PV Solar IPO Lot Size

ApplicationLotsSharesAmount
To be announced

JJ PV Solar IPO Reservation

Promoter Holding

Pre Issue:100%
Post Issue:-
Promoter Names:
Damjibhai Nathubhai Akbari, Rajesh Pravinbhai Joshi, Rajendra Ramniklal Raval, Prashant Akabari

Documents

JJ PV Solar IPO Valuations

ROE:62.55
ROCE:50.08
DEBT/EQUITY:0.30
RONW:47.63
PAT MARGIN:7.03%

JJ PV Solar Limited Financial Information

Period Ended31 Mar 2025
Assets75.98
Total Income212.10
Profit After Tax14.87
EBITDA21.84
Net Worth31.22
Reserves and Surplus13.72
Total Borrowing9.23
Amount in ₹ Crore

About JJ PV Solar IPO

JJ PV Solar is engaged in providing Engineering, Procurement and Construction (EPC) services in the solar energy sector, offering end-to-end turnkey solar power solutions along with associated Operations and Maintenance (O&M) services. It executes a diverse range of solar projects, including residential rooftop, commercial & industrial (C&I) rooftop, ground-mounted systems, and solar water pump installations for both private and Government clients.

Beyond EPC services, we supply a wide range of solar products and equipment such as Solar PV Modules, inverters, pump controllers, and related accessories.

Key Services:

  1. Engineering, Procurement and construction (EPC) services
    1. Ground Mounted projects
    2. Commercial & Residential Rooftop Projects
    3. Residential Rooftop Projects
  2. Solar Water Pumps
  3. Hot Dip Galvanization Services
  4. Independent Power Producer (IPP) Sales
  5. Sale of Solar Products

In the last four financial years and up to June 30, 2025, it has successfully developed, executed and commissioned 69 major projects under the Ground-Mounted segment, with a cumulative capacity of over 96MW anda total project value exceeding ₹ 30,000.00 lakhs.

Under the Commercial & Industrial (C&I) rooftop segment, the company has completed 9 major projects aggregating over 8 MW of installed capacity with a total project value exceeding ₹ 2,700 lakhs for private as well as Government clients. Additionally, it has executed more than 5,200 residential rooftop solar projects, representing over 18.8 MW of capacity and a total project value of over ₹ 6,400.00 lakh.

Competitive Strengths

  • Long Standing Experience in Turnkey EPC Projects
  • Diversified Business Portfolio
  • Financial Stability through the PPA (Power Purchase Agreement) Model
  • Experienced promoters
  • Strong Supply Chain & Vendor Network
  • Proven project execution capabilities

Strength Of JJ PV Solar IPO

To be announced

Risk Of JJ PV Solar IPO

To be announced

Objectives JJ PV Solar IPO

1. Repayment / prepayment, in full or part, of certain outstanding borrowings availed by our Company

2. To Meet Working Capital Requirements

3. General Corporate Purpose

Company Contact Details

JJ PV Solar Ltd.
Survey No. 236, Plot No. 2,
N.H. 8-B, Village Veraval,
(Shapar), Tal. Kotda San, Gani,
Rajkot, Gujarat, 360024
Phone: +91 90331 50827
Email: compliance@jjpvsolar.com
Website: http://www.jjpvsolar.com/

Registrar Contact Details

Name: MUFG Intime India Private Limited
Phone: +91-22-4918 6270

Market Maker

To be announced

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