IPO details · Updated
Aegeus Technologies Limited
- 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
- 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
Offer opens
4 Aug 2026
Offer closes
6 Aug 2026
Allotment
7 Aug 2026
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
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 3,92,400 | 93,70,512 | 23.88x |
| NII | 2,91,600 | 1,40,11,380 | 48.05x |
| Retail | 6,76,800 | 1,73,19,312 | 25.59x |
| Total | 13,60,800 | 4,07,01,204 | 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
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 2,400 | ₹2,52,000 |
| Small HNI (S-HNI) | 3 | 3,600 | ₹3,78,000 |
| Big HNI (B-HNI) | 8 | 9,600 | ₹10,08,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 39.36 | 22.09 | 13.56 |
| Total Income | 41.22 | 21.9 | 15.28 |
| Profit After Tax | 4.02 | 1.39 | 0.93 |
| EBITDA | 6.48 | 3.13 | 1.66 |
| Net Worth | 15.4 | 11.42 | 5.83 |
| Reserves & Surplus | 9.28 | 5.3 | 5.82 |
| Total Borrowing | 11.93 | 4.1 | 4.16 |
Key Performance Indicators
| Period | Mar-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.
Official Documents
Opens the source filing in a new tab
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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.