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Continuum Green Energy IPO IPO

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Issue Size
[.] shares (agg. up to ₹3,650 Cr)
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets15,789.0513,163.5211,439.487,318.09
Total Income439.421,378.851,112.556,963.96
Profit After Tax-111.70-597.98-367.15-75.08
NET Worth352.07184.32330.21705.62
Total Borrowing14,490.7912,369.5110,479.126,195.57
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Clean Max Enviro Energy Solutions Ltd.Mainboard₹3,079.88 Cr₹1053634.34₹867.50-17.62%₹1,456.90 (+1.95%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by certain of Subsidiaries, including payment of accrued interest thereon, through investment in such Subsidiaries1,100.00
2General corporate purposes
Total1,100.00

About Continuum Green Energy IPO

Continuum Green Energy Limited (CGELI) is an independent power producer (“IPP(s)”). The company is engaged in the business of identifying, developing, constructing and operating renewable energy projects in India. CGELI has a single operating project site, the Rajkot project (Gujarat), which has an operational capacity of 394.30 MWp. The company employ a joint operation and maintenance (“O&M”) arrangement among multiple parties including the Company, original equipment manufacturer (“OEM”) vendors and contractors. O&M operators and suppliers, such as Vestas Wind Technology India Private Limited, GE Renewable R&D India Private Limited, Inox Green Energy Services Limited, Suzlon Global Services Limited and more. Competitive Strengths: Large green power producers are well positioned to capitalize on the underpenetrated commercial & industrial (C&I) market in the large and growing power market in India. Strategically curated portfolio of in-house developed projects. Diversified portfolio of renewable energy assets, with a long and demonstrated operating track record. Significant pipeline of new projects with key risks such as transmission and land acquisition mitigated. Low operating r

Contact Details

Continuum Green Energy Ltd. AddressSurvey No. 356 and 391 Periyakumarapalayam VillageGudimangalam, Dharapuram Taluk,Tirupur District,Coimbatore, Tamil Nadu, 642201+91 22 2570 1567secretarial@continuumenergy.inVisit Website