Prozeal Green Energy IPO Details
MAINBOARD
Prozeal Green Energy IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
The Lead Managers for Prozeal Green Energy 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 SBI Capital Markets Ltd, Nuvama Wealth Management 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 Prozeal Green Energy Limited DRHP.
Prozeal Green Energy IPO Details
Prozeal Green Energy IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Prozeal Green Energy IPO Reservation
Promoter Holding
Documents
Prozeal Green Energy IPO Valuations
Prozeal Green Energy Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 514 | 422.94 | 221.93 | 157.25 |
| Total Income | 475.49 | 953.89 | 341.8 | 290.25 |
| Profit After Tax | 51.6 | 92.24 | 21.52 | 10.07 |
| Net Worth | 243.84 | 192.03 | 72.02 | 20.48 |
| Reserves and Surplus | 234.34 | 191.18 | 71.2 | 19.73 |
| Total Borrowing | 82.6 | 77.34 | 62.92 | 3.43 |
| Amount in ₹ Crore | ||||
About Prozeal Green Energy IPO
Incorporated in 2013, Prozeal Green Energy Limited specializes in solar engineering, procurement, and construction (EPC) services, delivering renewable energy solutions to commercial, industrial, and government clients.
Services:
- Solar EPC Solutions: Engineering, procurement, and construction of ground-mounted and rooftop solar power projects.
- Electric Vehicle Charging Infrastructure: Installation and EPC services for public and private EV charging stations.>
- Energy Management & Consulting: Solutions for optimizing solar energy usage and integrating renewable energy into business operations.
The company has executed 182 solar power projects with a total installed capacity of 783.98 MWp across 17 states in India and one overseas location (Nepal) for 125 clients as of September 30, 2024. As of the same date, it had an Order Book of ₹22,209.22 million.
Clients:
The company’s client portfolio includes Torrent Power Limited, AM Green Energy Pvt Ltd, GHCL Ltd, Alembic Pharmaceuticals Limited, Asahi Songwon Colors Limited, Mark Alloys Private Limited, Ajay Costspin Industries, Pashupati Costspin Limited, and ACG Associated Capsules Private Limited.
As of December 31, 2024, the company has operated four public electric vehicle charging stations and has provided EPC services for 50 public charging stations at 25 locations, each with a capacity of 122 kW.
Strength Of Prozeal Green Energy IPO
Risk Of Prozeal Green Energy IPO
Objectives Prozeal Green Energy IPO
1. Funding the long-term working capital requirements of the Company.
2. Investment in our Subsidiary(ies), for repayment/pre-payment, in part or full of certain borrowings.
3. General corporate purposes.
Company Contact Details
Prozeal Green Energy Ltd.
Block C, West Wing, 1209-1212, Stratum,
Venus Ground, near Jhansi ki Rani Statue,
Nehrunagar, Ahmedabad, Gujarat, India
Ahmedabad, Gujarat, 380015
Phone: +91 7940191727
Email: info@prozealgreen.com
Website: http://www.prozealgreen.com/
Registrar Contact Details
Prozeal Green Energy IPO - FAQs
The Prozeal Green Energy IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹2 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.