PMEA Solar Tech Solutions IPO Details

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PMEA Solar Tech Solutions IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

The Lead Managers for PMEA Solar Tech Solutions 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 IIFL Capital Services Limited, ICICI Securities Limited. 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 PMEA Solar Tech Solutions Limited DRHP.

PMEA Solar Tech Solutions 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
NSE, BSE
Type
Book Built Issue
Share holding pre issue
112407640
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
SEBI Approval Received

PMEA Solar Tech Solutions IPO Lot Size

ApplicationLotsSharesAmount
To be announced

PMEA Solar Tech Solutions IPO Reservation

Promoter Holding

Pre Issue:100%
Post Issue:-
Promoter Names:
Samir Pravin Sanghavi, Kapil Pravin Sanghavi, Vishal Navinchandra Sanghvi, Sandeep Navinchandra Sanghvi

Documents

  ›  PMEA Solar Tech Solutions IPO DRHP

PMEA Solar Tech Solutions IPO Valuations

ROE:43.29%
ROCE:28.65%
DEBT/EQUITY:1.93
RONW:43.29%
PAT MARGIN:6.81%

PMEA Solar Tech Solutions Financial Information

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets927.67604.39423.34
Total Income1,521.86810.41591.47
Profit After Tax103.6427.4444.82
Net Worth239.41136.3109.49
Reserves and Surplus228.17125.0698.25
Total Borrowing486.51297.71209.49
Amount in ₹ Crore

About PMEA Solar Tech Solutions IPO

PMEA Solar Tech Solutions Limited, incorporated in 2006, is one of the leading manufacturers in India's solar tracking and mounting products sector. The company produces a wide range of solar tracking and mounting products, including:

  1. Module Mounting Assembly
  2. Rolled Products

These products are used in utility-scale and ground-mounted solar power projects. As of March 31, 2024, PMEA Solar Tech Solutions Limited offered 72 SKUs in its solar business, consisting of 56 SKUs for Module Mounting Assembly and 16 SKUs for Rolled Products.

In addition to solar products, PMEA Solar Tech Solutions Limited manufactures various components for other industries. The company’s Other Businesses include:

  • Switchgear components
  • Automotive components for original equipment manufacturers (OEMs)
  • Lighting solutions
  • Furniture primarily for large OEMs
  • Partition panels mainly for the pharmaceutical and healthcare sectors

As of March 31, 2024, PMEA Solar Tech Solutions Limited had 834 permanent employees.

Strength Of PMEA Solar Tech Solutions IPO

To be announced

Risk Of PMEA Solar Tech Solutions IPO

To be announced

Objectives PMEA Solar Tech Solutions IPO

To be announced

Company Contact Details

PMEA Solar Tech Solutions Ltd.
406, Western Edge II, A Wing,
Western Express Highway, CCI Compound,
Borivali East,
Mumbai, Maharashtra, 400066
Phone: +91 22 6223 5353
Email: investors@pmealtd.com
Website: http://www.pmealtd.com/

Registrar Contact Details

Name: MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Lead Mangers

  1. IIFL Capital Services Limited

    (Past IPO Performance)

  2. ICICI Securities Limited

    (Past IPO Performance)

Lead Manager Reports

Read more about PMEA Solar Tech Solutions Limited IPO

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