Aegeus Technologies Limited logo

IPO details · Updated

Aegeus Technologies Limited

ClosedSMEBSE: 544858
Check Allotment
Price Band
₹100 – ₹105
Lot Size
1,200 shares
Min. Investment
₹1,26,000
Issue Size
₹23.71 Cr
Offer Dates
4 Aug – 6 Aug 2026
Listing
11 Aug 2026

Issue Details

Full details →
Total Issue Size
₹23.71 Cr
22,58,400 shares
Fresh Issue
₹23.71 Cr
22,58,400 shares
Offer for Sale
₹0 Cr
Face Value
₹10 per share
Issue Type
Book-built IPO
Listing At
BSE SME
Shares Pre-Issue
61,16,193
Shares Post-Issue
83,74,593

IPO Timeline

  1. Offer opens

    4 Aug 2026

  2. Offer closes

    6 Aug 2026

  3. Allotment

    7 Aug 2026

  4. Listing

    11 Aug 2026

Issue Allocation

Share of the offer reserved for each investor category

  • Anchor25.3%5,72,400 shares
  • QIB17.4%3,92,400 shares
  • HNI12.9%2,91,600 shares
  • Retail30.0%6,76,800 shares
  • MarketMaker14.4%3,25,200 shares

Subscription Status

Times subscribed by investor category

CategoryOfferedBidsSubscribed
QIB3,92,40093,70,512
23.88x
NII2,91,6001,40,11,380
48.05x
Retail6,76,8001,73,19,312
25.59x
Total13,60,8004,07,01,204
29.91x

Lot Size & Investment

1 lot = 1,200 shares

Retail (min)

2 lots · 2,400 shares

Retail (max)

2 lots · 2,400 shares

S-HNI (min)

3 lots · 3,600 shares

ApplicationLotsSharesAmount
Retail22,400₹2,52,000
Small HNI (S-HNI)33,600₹3,78,000
Big HNI (B-HNI)89,600₹10,08,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets39.3622.0913.56
Total Income41.2221.915.28
Profit After Tax4.021.390.93
EBITDA6.483.131.66
Net Worth15.411.425.83
Reserves & Surplus9.285.35.82
Total Borrowing11.934.14.16

Key Performance Indicators

Key performance indicators
PeriodMar-26
ROE (%)29.93
ROCE (%)24.75
EPS (₹)6.57
P/E (pre-issue)15.98
P/E (post-issue)21.88

About Aegeus Technologies Limited

Incorporated in 2017, Aegeus Technologies Ltd. is engaged in the business of designing and developing robotic and intelligent automation solutions. The company offers services such as software development, system integration, data management, automation solutions, and customized technology support tailored to client-specific operational and business requirements. Aegeus Technologies emphasizes quality delivery, secure systems, and continuous innovation, enabling clients to improve productivity, optimize processes, and achieve sustainable growth through reliable technology solutions. Services: Complete Solar O&M: End-to-end operations and maintenance, including preventive and corrective maintenance, performance monitoring, and plant reporting. Annual Maintenance Contracts (AMC): Preventive maintenance, spare parts support, and technical assistance to ensure optimal robotic performance. Module Cleaning as a Service (MCaaS): Pay-per-use robotic solar panel cleaning service with no upfront capital investment for customers. Regional Service Network: Service hubs in Bangalore and Badi Sid (Rajasthan) with diagnostic facilities, trained engineers, and spare inventories. Spoke Warehouses: Warehouses in Hubli, Rewa, Bellary, and Surat for quick spare availability and faster service response. Field Service Support: On-site teams providing installation support, preventive and corrective maintenance, performance checks, training, and robot servicing. As on June 30, 2026, the company had total of 55 employees on payroll basis and 33 employees on contratual basis. Products Portfolio: Unicorn Smart: A fully autonomous, water-free solar panel cleaning robot for large-scale utility solar plants. Unicorn R2R: A semi-autonomous solar panel cleaning robot designed for large and mid-scale solar installations. Shreem: An intelligent, water-free robotic cleaning solution for rooftop solar installations. Competitive Strengths: Patented robotic technology Comprehensive automation and O&M ecosystem Strong research and development capabilities Scalable and flexible business model Experienced management and technical team

Objects of the Issue

  • Investment in Product Development (₹2.86 Cr)
  • Funding Capital Expenditure towards Setting up of Manufacturing Facility through Purchase of Land and Civil Works. (₹5.74 Cr)
  • To meet out the expenses for Working Capital to fund business growth (₹8.00 Cr)
  • General Corporate Purposes (₹3.55 Cr)
  • Issue Expenses (₹3.56 Cr)

Promoters

  • <p>Suraj Vernekard
  • Roopa Vernekar
  • Nishith Rameshchandra Shah</p>

Company Information

Book running lead managers
  • Turnaround Corporate Advisors Pvt.Ltd.
Registered office
No. 105, Harapanahalli Village,, Jigani Hobli Anekal Taluk,, Bangalore Urban, Karnataka, 560105
Market maker
Prabhat Financial Services Ltd.

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.