Prozeal Green Energy IPO Date, Review, Price, Allotment Details

Prozeal Green Energy IPO open date is 2025 and the IPO will close on 2025. Prozeal Green Energy IPO is a Book Built Issue. The company to raise around ₹700 crores via IPO that comprises fresh issue of ₹350 crores and offer for sale up to [.] equity shares with face value of ₹2 each.

Prozeal Green Energy IPO price band is ₹[.] to ₹[.] per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Prozeal Green Energy IPO to list on BSE, NSE on 2025. The allotment of Prozeal Green Energy IPO date is 2025.

The company reported revenue of ₹953.89 crores in 2024 against ₹341.80 crore in 2023. The company reported profit of ₹92.24 crores in 2024 against profit of ₹21.52 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Prozeal Green Energy IPO Details

IPO Open Date:2025
IPO Close Date:2025
Face Value:₹2 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
Issue Size:Approx ₹700 Crores
Fresh Issue:Approx ₹350 Crores
Offer for Sale:Approx [.] Equity Shares
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Prozeal Green Energy IPO Market Lot

The Prozeal Green Energy IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

ApplicationLot SizeSharesAmount
Retail Minimum1₹-
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-

Prozeal Green Energy IPO Dates

The Prozeal Green Energy IPO date is 2025, and the close date is 2025. The Prozeal Green Energy IPO allotment will be finalized on 2025 and the IPO listing on 2025 .

IPO Open Date:2025
IPO Close Date:2025
Basis of Allotment:2025
Refunds:2025
Credit to Demat Account:2025
IPO Listing Date:2025

Promoters of Prozeal Green Energy IPO

The promoters of the company are shobit baijnath rai, manan hitendrakumar thakkar, and amaara family trusts

About Prozeal Green Energy IPO

Prozeal Green Energy Limited is one of the leading companies in terms of providing energy revolution and driving transformation with solar solutions. They always have innovative approaches regarding their company’s growth and client satisfaction. With their expertise and commitment to excellence, they are ready to make a greener future in the renewable energy sector.

Prozeal Green rebuilt energy in a total of 17 states and extended worldwide. It has recently launched a new company in Nepal and is also working on expanding into the European market. Prozeal Green Energy has decided to launch an IPO for a filed DRHP with the SEBI.

Prozeal Green Energy IPO Company Financial Report

The company reported revenue of ₹953.89 crores in 2024 against ₹341.80 crore in 2023. The company reported profit of ₹92.24 crores in 2024 against profit of ₹21.52 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹290.25₹276.76₹10.07₹157.25
2023₹341.80₹312.14₹21.52₹221.93
2024₹953.89₹836.01₹92.24₹422.94
September 2024₹475.49₹404.54₹51.60₹514.00

Prozeal Green Energy IPO Valuation – FY2024

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

KPIValues
ROE:69.87%
ROCE:60.72%
EBITDA Margin:13.15%
PAT Margin:9.67%
Debt to equity ratio:0.08
Earning Per Share (EPS):₹16.84 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):69.87%
Net Asset Value (NAV):₹34.38

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Prozeal Green Energy IPO16.84NA69.8734.389,488.82 Cr.
WSterling & Wilson Renewable Energy Limited(10.40)NA(121.17)33.093,035.37 Cr.
KPI Green Energy Limited14.0927.4329.5663.671,023.90 Cr.
Waaree Renewable Technologies Limited13.9559.7587.6623.64876.50 Cr.
Gensol Engineering Limited22.3713.6426.66100.021,211.08 Cr.

Objects of the Issue

  • Funding the long-term working capital requirements of our Company;
  • Investment in our Subsidiary(ies) for repayment/ prepayment, in part or full of certain borrowings; and
  • General corporate purposes

Prozeal Green Energy IPO Review

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Prozeal Green Energy IPO Registrar

MUFG Intime India Private Limited
Phone: 022 4918 6000
E-mail: ipo.helpdesk@linkintime.co.in 
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

IPO Lead Managers aka Merchant Bankers

  • Nuvama Wealth Management Limited
  • SBI Capital Markets Limited

Company Address

Prozeal Green Energy IPO Limited
West Wing, 1209-1212,
STRATUM @ Venus Grounds,
Near Jhasi Ki Rani Statue,
Nehru nagar, Ahmedabad – 380015, India
Phone: 079-40191727;
Email: info@prozealgreen.com;
Website: www.prozealgreen.com

Prozeal Green Energy IPO FAQs

What is Prozeal Green Energy IPO?

Prozeal Green Energy IPO is a main-board IPO. The company is going to raise ₹700 Crores via IPO. The issue is priced at ₹[.] per equity share. The IPO is to be listed on BSE & NSE.

When Prozeal Green Energy IPO will open for subscription?

The IPO is to open on 2025 for QIB, NII, and Retail Investors. The IPO will close on 2025.

What is Prozeal Green Energy IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Prozeal Green Energy IPO?

You can apply for Prozeal Green Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Prozeal Green Energy IPO Issue Size?

Prozeal Green Energy IPO issue size is ₹700 crores.

What is Prozeal Green Energy IPO Price Band?

Prozeal Green Energy IPO Price Band is ₹[.].

What is Prozeal Green Energy IPO Lot Size?

The minimum bid is [.] Shares with ₹[.] amount.

What is the Prozeal Green Energy IPO Allotment Date?

Prozeal Green Energy IPO allotment date is 2025.

What is the Prozeal Green Energy IPO Listing Date?

Prozeal Green Energy IPO listing date is 2025. The IPO is to list on BSE & NSE.

Note: The Prozeal Green Energy IPO price band and date are officially announced. The (Prozeal Green Energy IPO grey market premium) will be added to the IPO GMP page as it will start).
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