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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
75,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 70.09 | 56.56 | 49.49 | 36.78 |
| Total Income | 82.02 | 90.10 | 82.76 | 55.96 |
| Profit After Tax | 7.81 | 8.80 | 5.91 | 3.63 |
| EBITDA | 11.69 | 12.89 | 9.10 | 5.38 |
| NET Worth | 42.68 | 34.88 | 26.08 | 20.17 |
| Reserves and Surplus | 25.40 | 34.70 | 25.90 | 19.99 |
| Total Borrowing | 6.38 | 6.33 | 9.30 | 3.64 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| G.V.Electricals Ltd. | SME | ₹42.25 Cr | ₹130 | 10.28 | ₹165.90 | +27.62% | ₹138.85 |
| IC Electricals Co.Ltd. | SME | ₹47.91 Cr | ₹99 | 9.42 | ₹174.30 | +76.06% | ₹143.35 |
| Vivid Electromech Ltd. | SME | ₹130.54 Cr | ₹555 | 19.2 | ₹563.05 | +1.45% | ₹1,622.35 |
| INDO SMC Ltd. | SME | ₹91.95 Cr | ₹149 | 16.1 | ₹154.80 | +3.89% | ₹515.25 |
| Sugs Lloyd Ltd. | SME | ₹85.66 Cr | ₹123 | 11.91 | ₹125.85 | +2.32% | ₹202.05 |
| Fujiyama Power Systems Ltd. | Mainboard | ₹828.00 Cr | ₹228 | 40.85 | ₹208.44 | -8.58% | ₹468.30 |
| Emmvee Photovoltaic Power Ltd. | Mainboard | ₹2,900.00 Cr | ₹217 | 34.9 | ₹219.40 | +1.11% | ₹317.70 |
| Saatvik Green Energy Ltd. | Mainboard | ₹900.00 Cr | ₹465 | 24.35 | ₹440.70 | -5.23% | ₹401.45 |
| Mangal Electrical Industries Ltd. | Mainboard | ₹400.00 Cr | ₹561 | 24.31 | ₹535.35 | -4.57% | ₹268.70 |
| Vikram Solar Ltd. | Mainboard | ₹2,079.37 Cr | ₹332 | 75.16 | ₹356.40 | +7.35% | ₹177.11 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards purchase of plant and machineries at the existing manufacturing facility | 8.26 |
| 2 | Funding working capital requirement of the Company | 25.00 |
| 3 | General Corporate Purposes | |
| Total | 33.26 |
About Indexel Engineering IPO
Incorporated in October 2012, Indexel Engineering Limited is an integrated provider of electrical, instrumentation, and automation solutions, specializing in the execution of turnkey projects across industrial sectors. The company offers end-to-end solutions covering system design and engineering, procurement, in-house manufacturing of electrical and automation panels, system integration, installation, testing, commissioning, annual maintenance, and after-sales services. Headquartered in Kota, Rajasthan, the company initially started as a supplier and distributor of electrical and automation products before expanding into turnkey project execution and in-house manufacturing. Its operations are supported by a modern manufacturing facility in Kota, where it designs and manufactures electrical panels, automation panels, control panels, customized calibration benches, electrical test benches, motor test benches, and other testing and measurement solutions. It has also expanded into Battery Energy Storage Systems (BESS) to cater to residential, commercial, industrial, and utility-scale energy storage applications. Indexel Engineering serves customers across diverse industries, including
Contact Details
Indexel Engineering Ltd. AddressG1-12Road No. 4Behind Best PriceKota, Rajasthan, 324005744298 0069cs@indexel.co.inVisit Website