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Pragyawan Technologies Files Draft Papers with SEBI for ?400 Crore IPO

Pragyawan Technologies IPO date is not announced yet. Pragyawan Technologies is a book built issue and have plan to raise around ?[.] crores via IPO that comprises fresh issue of ?400 crores and offer for sale of ?[.] crores, up to 15,000,000 Equity Shares with face value of ?2 each. The retail quota is 35%, QIB is 50%, and HNI is 15% as per DRHP. The IPO to list on NSE and BSE.

Jagat JoshiJagat Joshi
5 November 2026
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Pragyawan Technologies IPO
Pragyawan Technologies IPO

Noida-based Pragyawan Technologies, a company that provides skill development products and utility solutions, has filed draft papers with SEBI to launch an Initial Public Offering (IPO). The company plans to raise fresh capital of ?400 crore worth of shares via IPO. 

The IPO will also include an Offer for Sale (OFS) of 1.5 crore equity shares, where promoters Puneet Jain and Shefali Jain will sell part of their holdings. 

Before launching the IPO, the company may raise up to ?80 crore through a pre-IPO placement. If this happens, the size of the fresh issue will be reduced accordingly.

Pragyawan Technologies operates in two main business segments. Its skill development division offers training products and capacity-building solutions, while its utility solutions division provides execution, operation, and maintenance services for power, water, renewable energy, and related infrastructure projects. 

The company has reported strong financial growth in recent years. In the financial year ended March 2025, its profit increased by 65.7% to ?39.9 crore, compared to ?24.1 crore in the previous year. Revenue also grew by 69.7%, rising to ?359.4 crore from ?211.7 crore. 

Pantomath Capital Advisors has been appointed as the merchant banker for the IPO.

Pragyawan Technologies IPO Prospectus:

DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:To be Updated Soon

Pragyawan Technologies Company Financial Report

Amount ? in Crores

Period EndedRevenueExpenseProfit After Tax
2023?67.89?55.87?8.84
2024?212.81?180.73?24.07
2025?360.85?306.86?39.88
Dec 2025?779.16?646.37?99.09

Pragyawan Technologies IPO Valuation – FY2025

Pragyawan Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):?1.68 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):44.00%
Net Asset Value (NAV):?3.81

Peer Group Comparison

  • There are no listed peer companies.

Objects of the Issue

  • Funding the working capital requirements of the Company
  • General corporate purposes

IPO Lead Managers aka Merchant Bankers

  • Pantomath Capital Advisors Pvt. Ltd.
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DisclaimerThis article is for informational purposes only. Grey Market Premium (GMP) data is unofficial and should not be considered as guaranteed listing prices. Please conduct your own research before making any investment decisions.
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