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.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
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 Ended | Revenue | Expense | Profit After Tax | Assets |
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.
KPI | Values |
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
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Prozeal Green Energy IPO | 16.84 | NA | 69.87 | 34.38 | 9,488.82 Cr. |
WSterling & Wilson Renewable Energy Limited | (10.40) | NA | (121.17) | 33.09 | 3,035.37 Cr. |
KPI Green Energy Limited | 14.09 | 27.43 | 29.56 | 63.67 | 1,023.90 Cr. |
Waaree Renewable Technologies Limited | 13.95 | 59.75 | 87.66 | 23.64 | 876.50 Cr. |
Gensol Engineering Limited | 22.37 | 13.64 | 26.66 | 100.02 | 1,211.08 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
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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).