Prozeal Green Energy Limited
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Prozeal Green Energy Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD, alongside an Offer for Sale (OFS) component of ₹350.00 Cr from existing shareholders.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
Founded in 2013, Prozeal Green Energy Limited is a company that provides solar engineering, procurement, and construction (EPC) services, mainly for commercial, industrial, and government clients. It offers solar project development for both rooftop and ground-mounted systems, along with services in electric vehicle charging infrastructure and energy management solutions to help businesses optimize renewable energy use. The company has completed 182 solar projects with a total capacity of 783.98 MWp across 17 states in India and one project in Nepal, serving over 125 clients. It also works with well-known customers across industries and has a strong order book as of September 2024. In addition, Prozeal is expanding into EV charging infrastructure, having developed multiple public charging stations.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Renewable Energy Focus: Company solar EPC ane green energy projects ma kaam kare che, je sector ma long-term growth potential strong che.
- End-to-End Project Capability: Design thi lai ne execution sudhi complete solutions aape che, je thi clients mate convenience ane company mate value addition vadhe che.
- Rising Clean Energy Demand: Government push ane sustainability trend thi renewable projects ni demand vadhti rahe che.
- Project-Based Revenue: Income project completion par depend hoy, je thi revenue consistency fluctuate thai shake che.
- Working Capital Intensive: EPC projects ma upfront cost vadhu hoy ane payment delay thi cash flow par pressure ave che.
- Policy Dependency Risk: Renewable sector government policies ane incentives par dependent hoy, je change thay to impact thai shake che.
- Shobit Baijnath Rai
- Manan Hitendrakumar Thakkar
- Amaara Family Trust
Prozeal Green Energy Limited
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