1
Open
[.]
2
Close
[.]
3
Allotment
—
4
Listing
[.]
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 68.96 | 61.47 | 58.01 | 50.59 |
| Total Income | 41.69 | 96.38 | 64.89 | 52.10 |
| Profit After Tax | 7.53 | 9.66 | 3.79 | 2.88 |
| EBITDA | 11.36 | 14.60 | 6.38 | 4.66 |
| NET Worth | 33.08 | 25.55 | 15.89 | 12.10 |
| Reserves and Surplus | 24.06 | 16.53 | 6.87 | 3.08 |
| Total Borrowing | 15.15 | 12.88 | 14.34 | 11.60 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Anawil Wire & Engineering Ltd. | SME | ₹177.81 Cr | ₹270 | 14.53 | ₹346.10 | +28.19% | ₹444.15 |
| Accord Transformer & Switchgear Ltd. | SME | ₹25.59 Cr | ₹46 | 11.41 | ₹52.50 | +14.13% | ₹60.71 |
| Avana Electrosystems Ltd. | SME | ₹35.22 Cr | ₹59 | 12.4 | ₹80.30 | +36.10% | ₹137.40 |
| Powerica Ltd. | Mainboard | ₹1,100.00 Cr | ₹395 | 24.45 | ₹390.00 | -1.27% | ₹560.65 |
| Atlanta Electricals Ltd. | Mainboard | ₹687.34 Cr | ₹754 | 46.33 | ₹823.35 | +9.20% | ₹1,774.40 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure for purchase of Plant & Machinery Equipment | 7.00 |
| 2 | To Meet Working Capital Requirements | 45.00 |
| 3 | General Corporate Purpose | |
| Total | 52.00 |
About Photonics Watertech IPO
Incorporated in 2011, Photonics Watertech Ltd. provides end-to-end infrastructure and technology solutions for government and private sector customers. Its operations are primarily focused on four key business segments: LED Lighting Solutions, Solar EPC, Water Infrastructure, and Automation. LED Lighting Solutions: Manufactures, supplies, installs, and maintains LED lighting products, including streetlights, floodlights, high bay lights, stadium lights, flame-proof lights, and smart solar street lighting systems. Solar EPC: Provides turnkey solar project services covering site assessment, design, procurement, installation, commissioning, and maintenance. Water Infrastructure: Offers water automation solutions, groundwater monitoring and recharge systems, structural health monitoring, and dam/canal instrumentation services. Automation: Executes smart infrastructure projects and EV charging infrastructure installations, including technology-enabled urban development projects. Competitive Strengths: Diversified portfolio of products and consistent focus on quality and innovation. Track record of consistent operational and financial performance Empanelled partner of various Government
Contact Details
Photonics Watertech Ltd. AddressB5/1, Electronics Estate, Sector-25,GIDCGandhinagar, Gujarat, 382025+91 8128662452cs@photonicswatertech.comVisit Website