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Open
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Close
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Allotment
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Listing
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Issue Size
[.] shares (agg. up to ₹150 Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 62.31 | 34.50 | 9.45 |
| Total Income | 298.80 | 68.43 | 41.84 |
| Profit After Tax | 26.16 | 2.99 | 0.22 |
| EBITDA | 35.41 | 4.81 | 0.57 |
| NET Worth | 25.54 | 3.21 | 1.00 |
| Reserves and Surplus | 25.53 | 2.89 | 0.17 |
| Total Borrowing | 3.95 | 0.72 | 0.35 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Om Power Transmission Ltd. | Mainboard | ₹150.06 Cr | ₹175 | 21.13 | ₹193.38 | +10.50% | ₹169.20 (+2.27%) |
| Solarworld Energy Solutions Ltd. | Mainboard | ₹490.00 Cr | ₹351 | 33.77 | ₹323.50 | -7.83% | ₹201.93 (+1.41%) |
| GK Energy Ltd. | Mainboard | ₹464.26 Cr | ₹153 | 20.29 | ₹167.74 | +9.63% | ₹136.14 (+0.11%) |
| Vikran Engineering Ltd. | Mainboard | ₹772.00 Cr | ₹97 | 22.88 | ₹95.71 | -1.33% | ₹71.43 (-0.74%) |
| M&B Engineering Ltd. | Mainboard | ₹650.00 Cr | ₹385 | 24.98 | ₹408.65 | +6.14% | ₹296.30 (+1.42%) |
| Leapfrog Engineering Services Ltd. | SME | ₹88.51 Cr | ₹23 | 15.19 | ₹23.10 | +0.43% | ₹22.23 (-0.04%) |
| Safety Controls & Devices Ltd. | SME | ₹48.00 Cr | ₹80 | 12.3 | ₹78.99 | -1.26% | ₹69.40 (+0.95%) |
| Srinibas Pradhan Constructions Ltd. | SME | ₹20.32 Cr | ₹98 | 9.15 | ₹104.40 | +6.53% | ₹126.00 (-4.55%) |
| GRE Renew Enertech Ltd. | SME | ₹39.56 Cr | ₹105 | 15.72 | ₹91.20 | -13.14% | ₹184.30 (-5.00%) |
| E to E Transportation Infrastructure Ltd. | SME | ₹84.22 Cr | ₹174 | 15.44 | ₹327.80 | +88.39% | ₹262.05 (+3.15%) |
| Valplast Technologies Ltd. | SME | ₹28.09 Cr | ₹54 | 12.75 | ₹58.63 | +8.57% | ₹39.55 (+1.28%) |
| Chiraharit Ltd. | SME | ₹31.07 Cr | ₹21 | 13.95 | ₹15.96 | -24.00% | ₹8.02 (-0.99%) |
| Telge Projects Ltd. | SME | ₹27.24 Cr | ₹105 | 14.04 | ₹110.45 | +5.19% | ₹164.75 (-2.92%) |
| Karbonsteel Engineering Ltd. | SME | ₹59.30 Cr | ₹159 | 12.47 | ₹194.35 | +22.23% | ₹106.00 (+0.95%) |
| Goel Construction Co.Ltd. | SME | ₹100.10 Cr | ₹263 | 7.8 | ₹317.60 | +20.76% | ₹440.00 (-0.45%) |
| Oval Projects Engineering Ltd. | SME | ₹46.74 Cr | ₹85 | 13.91 | ₹85.05 | +0.06% | ₹53.00 (-1.85%) |
| Current Infraprojects Ltd. | SME | ₹41.80 Cr | ₹80 | 11.78 | ₹152.75 | +90.94% | ₹104.00 (-0.95%) |
| Mahendra Realtors & Infrastructure Ltd. | SME | ₹49.45 Cr | ₹85 | 9.94 | ₹64.60 | -24.00% | ₹69.60 (-0.71%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the long-term working capital requirements of the Company. | 100.00 |
| 2 | General corporate purposes |
About Deon Energy IPO
Incorporated in 2020, Deon Energy Limited is engaged in delivering end-to-end renewable energy solutions with a focus on engineering, procurement, and construction (EPC) of solar energy projects on a turnkey basis. The company primarily serves clients in the commercial and industrial sectors, executing independent solar EPC projects across India. Its services also include operations and maintenance (O&M) for solar power plants, covering panel cleaning, battery checks, and inverter maintenance. Since inception, the company has executed 78 solar power projects with a total installed capacity of 140.29 MWDC and 118.80 MWAC in India. As of August 31, 2025, Deon Energy had an order book of Rs 5,051.55 million in solar EPC projects. Its revenues are entirely derived from the domestic market, primarily from Gujarat, with earlier contributions from Maharashtra. The company has executed projects for clients such as Omax Cotspin Private Limited, Fiotix Cotspin Private Limited, Megacity Vitrified LLP, Velloza Granito LLP, and Itacon Granito Private Limited. As of August 31, 2025, it employed 137 personnel.+ Read More
Contact Details
Deon Energy Ltd. AddressBlock D-604-605-606 6th FloorWestgate, S. G. Highway, Near YMCAClub, Makarba, Jivraj ParkAhmedabad, Gujarat, 380051+91 9558915483investors@deonenergy.inVisit Website