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Topsun Energy IPO IPO

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Allotment
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Issue Size
72,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets143.03104.5361.11
Total Income218.27105.4866.70
Profit After Tax11.873.11-2.24
EBITDA23.138.970.85
NET Worth41.8830.0126.90
Reserves and Surplus25.0018.7615.65
Total Borrowing49.3045.7827.89
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.)
1Working Capital Requirements7.00
2General Corporate Purposes

About Topsun Energy IPO

Incorporated in August 2007, Topsun Energy Limited is a renewable energy company primarily engaged in the manufacturing, installation, and servicing of solar energy systems. The company focuses on providing solar photovoltaic (PV) solutions, including solar panels, solar power plants, and rooftop systems for residential, commercial, and industrial clients. Its offerings include both on-grid and off-grid solar solutions, EPC (Engineering, Procurement, and Construction) services, and solar-powered products, such as solar streetlights and solar water pumps. Topsun Energy also deals in the trading of solar components and undertakes system integration projects. Topsun Energy Limited specialises in system integration and EPC (Engineering, Procurement, and Commissioning) of Solar Power Plants, Solar Water Pumping Systems, Solar EV Charging Stations, and Agricultural Drones as a Service. As of May 31, 2025, the company had 113 permanent employees comprising skilled and on-site workers Competitive Strength Proven Track Record of Timely Project Execution and Strong Government Relationships. Robust order book. Experienced Leadership with Robust Technical and Operational Capabilities. Pan-Indi

Contact Details

Topsun Energy Ltd. AddressB-101, GIDC Electronic EstateSector-25,Gandhinagar, Gujarat, 382028+91 75730 06633cs@topsunenergy.comVisit Website