JJ PV Solar IPO Details
JJ PV Solar IPO Summary
JJ PV Solar IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.
JJ PV Solar IPO total issue size comprises 65,00,000 shares . Pre-issue shareholding stands at 1,75,00,000, which will increase to 2,40,00,000 post-issue.
JJ PV Solar IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
The Lead Managers for JJ PV Solar IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Beeline Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the JJ PV Solar Limited DRHP.
JJ PV Solar IPO Details
JJ PV Solar IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| To be announced | |||
JJ PV Solar IPO Reservation
Promoter Holding
Documents
JJ PV Solar IPO Valuations
JJ PV Solar Financial Information
| Period Ended | 31 Mar 2025 |
| Assets | 75.98 |
| Total Income | 212.10 |
| Profit After Tax | 14.87 |
| EBITDA | 21.84 |
| Net Worth | 31.22 |
| Reserves and Surplus | 13.72 |
| Total Borrowing | 9.23 |
| 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:
- Engineering, Procurement and construction (EPC) services
- Ground Mounted projects
- Commercial & Residential Rooftop Projects
- Residential Rooftop Projects
- Solar Water Pumps
- Hot Dip Galvanization Services
- Independent Power Producer (IPP) Sales
- 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
Risk Of JJ PV Solar IPO
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
Market Maker
JJ PV Solar FAQs
The JJ PV Solar IPO is a SME public issue comprising 6500000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at TBA.
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