Business Overview
Prozeal Green is a solar EPC provider specializing in end-to-end renewable energy solutions, including engineering, procurement and construction of solar projects on a turnkey basis, with a strong focus on the commercial and industrial sectors. While it undertakes independent EPC assignments, its primary emphasis lies on the “Plug-and-Play” solar park model. Under this approach, the company manages the entire project lifecycle—from conceptualization and land acquisition to commissioning—facilitating approvals and evacuation line connectivity, supported by robust design expertise, execution capabilities and procurement strategies.
Objects of Issue
- Funding the long-term working capital requirements of the Company
- Investment in the Subsidiary(ies), for repayment/pre-payment, in part or full of certain borrowings
- General corporate purposes
Financial Performance
(Rs. in crores)
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 468.54 | 948.88 | 341.00 | 287.19 |
| Profit after Tax | 51.60 | 92.24 | 21.52 | 10.07 |
| Net Worth | 243.84 | 192.03 | 72.02 | 20.48 |
| Total Borrowing | 82.60 | 77.34 | 62.92 | 3.43 |
| Total Assets | 514.00 | 422.94 | 221.93 | 157.25 |
| NAV per share (in ₹) | 52.39 | 41.26 | 15.98 | 4.97 |
| EPS - Basic (in ₹) | 11.09 | 20.20 | 5.21 | 2.44 |
KPIs
EBITDA
13.15%
PAT
9.67%
ROE
69.87%
ROCE
60.72%
Debt to Equity
0.08
All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
88.63%
Public
11.37%
Management
Frequently Asked Questions
What is Prozeal Green IPO?
When will Prozeal Green IPO open?
What is the GMP of Prozeal Green IPO?
What is the lot size of Prozeal Green IPO?
When is the allotment of Prozeal Green IPO?
What is the listing date of Prozeal Green IPO?
What is the subscription of Prozeal Green IPO?
What is the price band of Prozeal Green IPO?
How to check allotment status of Prozeal Green IPO?
How to apply Prozeal Green IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Prozeal Green IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Prozeal Green IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Prozeal Green IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date