Prozeal Green Energy Ltd
Pre Issue Shares
5,58,50,322
No. of Shares Issued
-
Pre Issue Equity Amt.
₹11.17 Cr
DP Filling Date
30 March 2025
Prozeal Green Energy Ltd IPO Timeline
Prozeal Green Energy Limited was initially incorporated as Prozeal Consulting Private Limited, as private limited company, dated July 4, 2013, issued by the Registrar of Companies, Gujarat. Subsequently, the name of the Company changed to Prozeal Infra Engineering Private Limited, on July 27, 2015 and again, to Prozeal Green Energy Private Limited, and a fresh certificate of incorporation, was issued by the RoC on August 4, 2023. Thereafter, its status changed into a public limited company and the name of the Company has been changed to Prozeal Green Energy Limited and a fresh certificate of incorporation dated June 28, 2024 was issued by the RoC to the Company.
Prozeal Green Energy Ltd IPO Details
| Prozeal Green Energy Ltd IPO Date | - |
| Prozeal Green Energy Ltd IPO Face Value | - |
| Prozeal Green Energy Ltd IPO Price | - |
| Prozeal Green Energy Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Shobit Baijnath Rai, Manan Hitendrakumar Thakkar, Amaara Family Trust |
- Strengths
- Risks
- Opportunities
- Pan-India "Plug-and-Play" Solar Park Model Catering to Commercial and Industrial Players
- Proven Project Execution Capabilities.
- Robust Asset Management Capabilities.
- Strong Order Book.
- Strong financial performance and financial metrics.
- Experienced Promoters and Key Management Personnel with Experience Across the Renewable Energy Sector.
Company Financials
Prozeal Green Energy Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 423.04 | 957.99 | 92.36 |
| 03-2023 | 221.93 | 341.8 | 21.52 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the long-term working capital requirements of the company
- Investment in the company subsidiary(ies), for repayment/pre-payment, in part or full of certain borrowings
- General corporate purposes
Prozeal Green Energy Ltd IPO Prospectus
Prozeal Green Energy Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹2 |
Company Contact Information
Block-C West Wing 1209-1212Stratum Venus Grnd Nehrunagar,Ahmedabad-380015
Phone: +91 79 4019 1727
Email: cs@prozealgreen.com
Website: www.prozealgreen.com
Prozeal Green Energy Ltd IPO Registrar
Prozeal Green Energy Ltd IPO Lead Manager(s)
- Nuvama Wealth Management Ltd
- SBI Capital Markets Ltd