IPO Analysis > Prozeal Green Energy IPO
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Prozeal Green Energy IPO Date, Price ... 

Check The Details About The Prozeal Green Energy IPO Before It Goes Public 

The solar power capacity in India will increase from 137 to 142 gigawatts by 2029. Prozeal Green Energy India Pvt Ltd, a company operating in this industry, is ready to go public.

SBI Capital Markets and Nuvama Wealth Management will manage this issue. Also, MUFG Intime is responsible for registering it. See the whole IPO allotment status.


To know more about the IPO, see the Prozeal Green Energy IPO DRHP.


Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Prozeal Green Energy Private Limited: Understanding the Company Profile


Particulars

Descriptions

Headquarters

Ahmedabad

Business

Solar EPC

Incorporated Year 

2013

Competitors

KPI Green Energy, Gensol Engineering, and Sterling and Wilson Renewable Energy

Promoter  

Shobit Baijnath Rai and Manan Hitendrakumar Thakkar


Exploring the Prozeal Green Energy IPO Details

Here's everything about the Prozeal Green Energy Limited IPO. 


  • Prozeal Green Energy IPO Date

Prozeal Green Energy filed the draft DRHP with SEBI on April 1, 2024. It got the approval on September 1, 2025. However, details related to its open and close dates are not in the news yet. Stay tuned for more.

  • Prozeal Green Energy IPO Size


Particulars

Shares

Aggregate Value 

Fresh Issue 

Undisclosed

₹3500.00 Million

Offer for Sale

Undisclosed

₹3500.00 Million

Overall Issue 

Undisclosed

₹7000.00 Million


  • Prozeal Green Energy Pvt Ltd IPO: Objective 


Particulars

Estimated Amount (₹ in million)

Long-term working capital funding for the company

2,500.00

Investment in subsidiaries to repay or prepay certain borrowings

195.32

General corporate needs

Undisclosed 

Total

Undisclosed



  • Other Takeaways And Prozeal Green Energy IPO Price


Particulars

Description

Face value (₹)

2

Price Range (₹)

Undisclosed 

Lot size (shares)

Undisclosed

Listed At 

BSE NSE


  • Investors Categorisation


Investor Category

Portion 

QIB

Maximum 50% of the Issue

RII

Minimum 35% of the Issue

NII

Minimum 15% of the Issue


  • Anchor Investor


Particulars

Description

Opening Date

Undisclosed 

Terms of Payment  

Full Payment on Bid


Prozeal Green Energy Limited: Key Financials 

Particulars

September 30, 2024

2024

2023

2022

Share Capital (₹ million)

93.08

8.46

8.20

7.50

Revenue from Operations (₹ million)

4,685.40

9,489

3,409.96

2,871.85

Net Worth (₹ million)

2,438.41

1,920.28

720.16

204.81

Return on Net Worth (₹ million)

23.67%

69.87%

46.53%

65.15%

Total Income (₹ million)

4,754.89

9,538.90

3,417.98

2,902.46

Profit / (Loss) After Tax (₹ million)

515.95

922.44

215.21

100.71

Earnings per Equity Share - Basic (₹)

11.09

20.20

5.21

2.44

Earnings per Equity Share - Diluted (₹)

11.09

20.20

5.21

2.44

Net Asset Value per Equity Share (₹)

52.39

41.26

15.98

4.97


Strengths and risks

Let's see the risks and strengths to get the Prozeal Green Energy IPO review: 

Strengths


  • Wide presence across India: The company operates in many parts of the country, giving it access to areas with great solar potential.

  • Known and trusted brand: Over the years, the company has built a good name for delivering dependable solar projects.

  • Use of modern technology: With new and smart technologies, the company makes its projects faster, better, and more reliable while keeping costs under control.

  • Focus on clean energy: The company is deeply committed to promoting renewable energy and helping India move toward a cleaner and greener future.


Risks 


  • Weather can impact energy output: Since solar power depends on sunlight, changes in weather or long cloudy periods can affect the amount of energy produced.

  • Changing government rules: The company’s growth depends a lot on government support and policies. Any change in renewable energy laws could slow down project progress.

  • Tough competition in the market: Many renewable energy players are entering the market. It might reduce the company’s market share and impact its profitability.

  • High cost of new technology: The company must invest in the latest technologies. These can be costly and may affect profit margins in the short term.

Should You Apply for the Prozeal Green Energy India Ltd IPO?


As of November 6, 2025, the Prozeal Green Energy IPO GMP hasn’t been updated yet. You can see the IPO's live GMP and the subscription status. Also, check the Prozeal Green Energy RHP before you click on the Apply Now button.

FAQs

1. How is the Prozeal Green Energy review?

Prozeal Green Energy Limited is a solar company. However, you can check the IPO date, size, Prozeal Green Energy revenue, and financials in its DRHP. For the latest details, you can also look for the GMP updates

2. What is the Prozeal Green Energy Ltd IPO date?

The IPO open and the close date are unavailable as of November 6, 2025. Live subscription details can be monitored through FinnPick. 

3. What is the Prozeal Green Energy share price target 2025? 

The Prozeal Green Energy share price is unavailable as of November 6, 2025. Also, don't forget to check the Prozeal Green Energy IPO news. 

4. Should I use a demat account to bid for the Prozeal Green Energy Limited IPO?

Yes, a demat account is required to bid for the Prozeal Green Energy Limited IPO. Click here to get the ultimate list of the top demat account providers.
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