PMEA Solar Tech Solutions IPO Details
MAINBOARD
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 Ltd, ICICI Securities 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 PMEA Solar Tech Solutions Limited DRHP.
PMEA Solar Tech Solutions IPO Details
PMEA Solar Tech Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
PMEA Solar Tech Solutions IPO Reservation
Promoter Holding
Documents
PMEA Solar Tech Solutions IPO Valuations
PMEA Solar Tech Solutions Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 927.67 | 604.39 | 423.34 |
| Total Income | 1,521.86 | 810.41 | 591.47 |
| Profit After Tax | 103.64 | 27.44 | 44.82 |
| Net Worth | 239.41 | 136.3 | 109.49 |
| Reserves and Surplus | 228.17 | 125.06 | 98.25 |
| Total Borrowing | 486.51 | 297.71 | 209.49 |
| 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:
- Module Mounting Assembly
- 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
Risk Of PMEA Solar Tech Solutions IPO
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
Lead Mangers
Lead Manager Reports
PMEA Solar Tech Solutions IPO - FAQs
The PMEA Solar Tech Solutions IPO is a MAINBOARD public issue comprising 0 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 Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.