- Q1. What is the business of Cosmic PV Power Limited ?It manufactures solar PV modules, aluminium frames, and provides EPC services for solar projects in India’s renewable energy sector.
- Q2. Why is the company raising funds via IPO?Cosmic PV Power Limited is raising funds to expand manufacturing capacity, develop a new solar facility, and support general corporate growth and working capital needs.
- Q3. What is the size of the issue and where will it list?The IPO includes a Fresh Issue of ₹ 540 Crore and an Offer for Sale (OFS) of ₹ 100 Crore. It will be listed on NSE and BSE platform.
- Q4. What are the key risks to an investor?Key risks include intense solar industry competition, raw material price volatility, dependency on government policies, and execution challenges in large-scale expansion.
- Q5. What are the potential upsides?Potential upsides include strong renewable sector growth, government support for solar manufacturing, integrated operations, and increasing demand for clean energy solutions.
- Q6. How to apply for the IPO?Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.
Upcoming
Cosmic PV Power Ltd
0
IPO Score
0
*Score varies on actual price
Cosmic PV Power Limited is engaged in the manufacturing of solar photovoltaic (PV) modules, along with EPC (Engineering, Procurement & Construction) services and aluminium frame production for solar systems. The company operates in the renewable energy sector and is part of India’s fast-growing solar manufacturing ecosystem.
Cosmic PV Power Limited was incorporated on 01 September 2020 & currently Mr. Shravan Kumar Gupta serves as the Managing Director of the company.
Cosmic PV Power Limited filed its DRHP with SEBI on March 30, 2026. The IPO features a fresh issue of ₹ 540 crore and an Offer for Sale (OFS) of ₹ 100 crore.
It provides Solar PV module manufacturing, EPC services for solar projects, and aluminium frame production for solar systems.It has a pan-India customer reach in utility-scale solar projects and EPC supply chains and has recently expanded into large IPP markets with ~₹600 crore orders.
Subscription date to apply for Cosmic PV Power Limited is yet to be announced. Price band for the IPO is yet to be declared.
Revenue, PAT, EBITDA
|
Year
|
2025
|
|---|---|
|
Networth
|
₹ 70.35 Cr
|
|
Revenue
|
₹ 245.16 Cr
|
|
EBITDA
|
₹ 39.04 Cr
|
|
PAT
|
₹ 24.43 Cr
|
|
EBITDA Margin
|
15.93%
|
|
PAT Margin
|
9.97%
|
|
Face Value
|
Rs.10 per Equity Share
|
IPO Important Dates
|
#
|
Date
|
|---|---|
|
Open Date
|
TBA
|
|
Close Date
|
TBA
|
|
Anchor Investor Bidding
|
TBA
|
|
Allotment Date
|
TBA
|
|
Refunds& Demat Credit
|
TBA
|
|
Tentative Listing Date
|
TBA
|
Use Of Proceeds
|
Purpose
|
Amount
|
|---|---|
|
Growth Capex - New plant/Expansion
|
497.14
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
General Corporate Purpose
|
Balance
|
Financial Data
|
#
|
2023
|
2024
|
2025
|
|---|---|---|---|
|
Revenue (₹ Cr)
|
₹ 48.1
|
₹ 99.9
|
₹ 245.2
|
|
PAT (₹ Cr)
|
₹ 1.8
|
₹ 6.6
|
₹ 24.4
|
|
Asset (₹ Cr)
|
₹ 25.0
|
₹ 74.7
|
₹ 211.9
|
|
Net Worth (₹ Cr)
|
₹ 3.7
|
₹ 12.4
|
₹ 70.4
|
IPO Grey Market Premium
|
Date
|
IPO Price
|
IPO GMP
|
Profit Per Lot
|
|---|---|---|---|
|
17 July
|
₹ –
|
₹ –
|
₹ –
|
|
16-July
|
₹ –
|
₹ –
|
₹ –
|
|
15-July
|
₹ –
|
₹ –
|
₹ –
|
|
14-July
|
₹ –
|
₹ –
|
₹ –
|
|
13-July
|
₹ –
|
₹ –
|
₹ –
|
Promoters – Pre offer equity (Approx)
|
Promoters
|
% Shares
|
|---|---|
|
Jenishkumar Deepakkumar Ghael
|
21.99%
|
|
Shravan Kumar Gupta
|
21.99%
|
|
Surabhi Sureshchandra Sahu
|
19.50%
|
|
Maitry Jenishkumar Ghael
|
19.50%
|
|
-
|
-
|
|
-
|
-
|
Lot Size details
|
Application Type
|
Lot Size
|
No. of Lot
|
No. of Shares
|
Investment Amount
|
|---|---|---|---|---|
|
Retail (Min)
|
–
|
1
|
–
|
₹ –
|
|
Retail (Max)
|
–
|
13
|
–
|
₹ –
|
|
HNI (Min)
|
–
|
14
|
–
|
₹ –
|
|
HNI (Max)
|
–
|
66
|
–
|
₹ –
|
|
Big HNI (Min)
|
–
|
67
|
–
|
₹ –
|
Key Performance Index (KPI)
|
ROE
|
57.73%
|
|---|---|
|
ROCE
|
39.22%
|
|
RoNW
|
34.74%
|
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