PMEA Solar Tech Solutions Limited IPO
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.
Price Band₹0 |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹600.00 Crs |
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 (0.00 Shares) |
Offer For Sale₹0.00 (1.12 Cr Shares) |
Total Issue₹600.00 Cr (1.12 Cr Shares) |
Face Value₹10 per equity share |
PMEA Solar Tech Solutions IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1
0
Maximum
-
-
-
|
|||
| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
|
|||
| Big HNI |
Minimum
-
-
-
|
|||
PMEA Solar Tech Solutions IPO GMP
The estimated Grey Market Premium of PMEA Solar Tech Solutions IPO is ₹0 per 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.
PMEA Solar Tech Solutions IPO Peer Comparision
PMEA Solar Tech Solutions IPO Peer Comparision
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)
ICICI Securities
Visit Website
IIFL Capital Services
Visit WebsiteRTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
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 12 Jul 25 and closes on 12 Jul 25.
PMEA Solar Tech Solutions IPO opens on 12 Jul 25 and closes on 12 Jul 25.
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 12 Jul 25.
The listing date of PMEA Solar Tech Solutions IPO is 12 Jul 25.
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.
- 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
- 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
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select PMEA Solar Tech Solutions 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
We are a one-stop destination for all your IPO needs. Get reliable, accurate, and timely information for all the IPOs in India!