Solar91 Cleantech Limited
₹185 - ₹195
600
N/A
| Open Date: | N/A |
| Close Date: | N/A |
| Allotment Date: | 30-Dec-2024 |
| Listing Date: | 01-Jan-2025 |
| Listing Price: | N/A |
| Face Value: | ₹₹10 Per Equity Share Per Equity Share |
| Issue Price: | ₹₹185-195 per equity share Per Equity Share |
| Issue Size: | 54,36,000 shares(aggregating up to ₹106.00 Cr) |
| Market Lot (Min Amount): | 600 Shares (₹117,000/-) |
| Earning Per Share(EPS) | N/A |
| P/E Ratio | N/A |
| RoNW | N/A |
| Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar,2024 | 2,495.28 | 4,297.4 | 235.81 |
| 31 Mar,2023 | 1,299.4 | 3,766.95 | 20.33 |
| 31 Mar,2022 | 953.85 | 4,201.23 | 32.34 |
| Pre Issue Share Holding | N/A |
| Post Issue Share Holding | N/A |
| 1.Mr. Prateek Agrawal |
| 2. Mr. Saurabh Vyas |
| 3. Mr. Sandeep Gurnani |
| 4. Mr. Dhawal Gaurang Vasavada |
- To meet the expenses for Investment in Subsidiary for development of Solar Projects as an Independent Power Producer (IPP)
- To meet the expenses for Working capital requirement for the company
- To meet the expenses for General Corporate Purpose
Incorporated in 2015, Solar91 Cleantech Limited is engaged in providing Engineering, Procurement, and Construction (EPC) Solar Energy Solutions to commercial and industrial customers with renewable energy systems to help reduce their power consumption.
The company primarily focuses on serving customers and investors in the distributed renewable energy market. This includes rooftop solar for industrial, commercial, and residential sectors, as well as open access, group captive solutions, agro PV, and distributed solar investment opportunities.
The company will develop its own solar projects under the IPP model and has started working on projects under the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM Kusum) Scheme, a government initiative for solarizing agricultural feeders.
The company has received multiple awards and is recognized as an industry leader in Rajasthan and nationally in the Commercial and Industrial Solar PV sector.
Their Business Segment:
- Engineering, Procurement, Construction (EPC) Model: Offer services to customers under commercial and industrial segments.
- Independent Power Producer (IPP) Model: Operate and maintain solar projects through their wholly owned subsidiaries.
- Operations and Maintenance (O&M): Provide operation and maintenance services of the solar projects developed by them under EPC and IPP model.
For the past 9 years, the company has operated in 13 states across the country and successfully completed an EPC project in Kenya. The company has commissioned 191 projects across India and 1 project in Africa, with a total capacity of over 94 MW.
As of September 30, 2024, the company has a team of 81 employees.
Competitive Strength:
- Wide Geographical Presence:
- Unique Cluster Based Distributed Solar EPC and IPP Model
- Large Order Book under a favorable National Policy
- Among fastest Turnaround Time in the Industry
- In House Design and Government Approvals Team
- Digitally Enabled Processes within the Organization
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Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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