Deon Energy Limited IPO

Deon Energy Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

Total Issue

₹150.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Business Overview

Deon Energy is focused on delivering end-to-end renewable energy solutions, with core expertise in engineering, procurement and construction (EPC) of solar power projects on a turnkey basis. The company primarily serves commercial and industrial clients by executing independent solar EPC projects tailored to their specific energy requirements. Its integrated service model enables seamless project execution, covering the entire lifecycle from project conceptualization and technical design to commissioning. Deon Energy also assists clients in land identification and acquisition, regulatory approvals, and coordination for evacuation infrastructure, including connectivity from the solar power plant to the electricity grid. This comprehensive approach allows the company to simplify solar adoption for clients while ensuring timely, efficient and compliant project delivery.

Objects of Issue

  1. Funding the long-term working capital requirements of the Company
  2. General corporate purposes

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Deon Energy IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 298.80 68.43 41.84
PAT 26.16 2.99 0.22
Net Worth 25.54 3.21 1.00
Borrowings 3.95 0.72 0.35
Assets 62.31 34.50 9.45
NAV (₹) 25,542.61 - -
EPS (₹) 26,158.40 - -

KPIs

EBITDA

11.85%

PAT

8.75%

ROE

181.96%

ROCE

118.72%

Debt to Equity

0.15

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

100.00%

Public

0.00%

Dharmesh Makadiya 36.50%
Chiragbhai Kalariya 28.50%
Bhargav Kavar 23.00%
Others 12.00%

Management

Dharmesh Makadiya Chairman & MD
Bhargav Kavar CFO

Registrar & Lead Managers

Lead Managers (1)

Frequently Asked Questions

What is Deon Energy IPO?
Deon Energy IPO is a Mainboard IPO having an issue size of ₹150.00 Crs. Deon Energy IPO is priced at ₹ - ₹ per share. The issue opens on 17 Apr 26 and closes on 17 Apr 26.
When will Deon Energy IPO open?
Deon Energy IPO opens on 17 Apr 26 and closes on 17 Apr 26.
What is the GMP of Deon Energy IPO?
The estimated Grey Market Premium of Deon Energy IPO is ₹0 per share (-).
What is the lot size of Deon Energy IPO?
The minimum lot size of Deon Energy IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Deon Energy IPO?
The allotment date of Deon Energy IPO is 17 Apr 26.
What is the listing date of Deon Energy IPO?
The listing date of Deon Energy IPO is 17 Apr 26.
What is the subscription of Deon Energy IPO?
Deon Energy IPO is subscribed -.
What is the price band of Deon Energy IPO?
Deon Energy IPO is priced at ₹ - ₹ per share.
How to check allotment status of Deon Energy IPO?
Click the allotment link on Deon Energy IPO page of IPO360.
How to apply Deon Energy IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Deon Energy IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Deon Energy IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Deon Energy IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date