PMEA Solar Tech Solutions Limited IPO DRHP
The company is one of India’s leading manufacturers in the solar tracking and mounting products sector.Its product portfolio includes a broad range of solutions under its solar business segment, comprising Module Mounting Assemblies and Rolled Products, which are primarily used in utility-scale and ground-mounted solar power projects. These products serve as critical structural components for installing solar photovoltaic (PV) modules, ensuring mechanical stability and optimizing the panels’ exposure to sunlight for improved energy efficiency. The company plays a significant role in the domestic market for solar tracking and mounting solutions used in solar tracker systems.
PMEA Solar Tech Solutions IPO Objects
- Funding capex for the setting up of certain manufacturing facilities undertaken through investment
- Funding of capex requirements of our Company towards purchase of machinery / equipment
- Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company
- General corporate purposes
PMEA Solar Tech Solutions IPO Details
Price Band₹0 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹600.00 Cr ( Shares) |
Offer For Sale(1.12 Cr Shares) |
Total Issue₹600.00 Cr ( Shares) |
Face Value₹10 per equity share |
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | NA |
| Shareholder | NA |
PMEA Solar Tech Solutions IPO Financials
| Particulars | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Revenue from Operations | 1,500.20 | 800.79 | 558.54 |
| Profit after Tax | 103.64 | 27.44 | 44.82 |
| Net Worth | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 486.51 | 297.71 | 209.49 |
| Total Assets | 927.67 | 604.39 | 423.34 |
| NAV per share (in ₹) | 21.30 | 12.13 | 9.74 |
| EPS - Basic (in ₹) | 9.22 | 2.44 | 3.99 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 13.96% |
| PAT | 6.81% |
| ROE | 43.29% |
| ROCE | 28.65% |
| Net Debt to Equity | 1.93x |
- All the data pertains to FY 2024-25.
Promoter Details
| Name | Shareholding |
|---|---|
| Samir Pravin Sanghavi | 24.89% |
| Kapil Pravin Sanghavi | 24.89% |
| Vishal Navinchandra Sanghvi | 24.91% |
| Sandeep Navinchandra Sanghvi | 24.91% |
| Others | 0.40% |
| Total | 100% |
Management Details
| Name | Designation |
|---|---|
| Samir Pravin Sanghavi | Chairman |
| Anchal Tripathi | CFO |
| Padmanabh Sudhakar Nimbhorkar | CEO |
Company Details
Name: PMEA Solar Tech Solutions Limited
Address: 406, Western Edge II, A Wing, Western Express Highway, CCI Compound, Borivali East, Mumbai – 400 066, Maharashtra, India
Number: 22 6223 5353
Email: investors@pmealtd.com
Website: www.pmealtd.com
Book Running Lead Managers (BRLMs)
RTAs
MUFG Intime India
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Find answers to common questions that come in your mind related to IPO.
PMEA Solar Tech Solutions IPO is a Mainboard IPO having an issue size of Rs. ₹600.00 Crs. PMEA Solar Tech Solutions IPO is priced at ₹0 - ₹0 per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.
PMEA Solar Tech Solutions IPO opens on 11 Feb 26 and closes on 11 Feb 26.
The estimated Grey Market Premium of PMEA Solar Tech Solutions IPO is ₹0 per share (-).
The minimum lot size of PMEA Solar Tech Solutions IPO is shares & the minimum application amount is Rs. 0.
The allotment date of PMEA Solar Tech Solutions IPO is 11 Feb 26.
The listing date of PMEA Solar Tech Solutions IPO is 11 Feb 26.
PMEA Solar Tech Solutions IPO is subscribed -.
PMEA Solar Tech Solutions IPO is priced at ₹0 - ₹0 per share.
Click the allotment link on PMEA Solar Tech Solutions IPO page of IPO360.
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