- Q1. What is the business of Deon Energy Limited?
It is an Ahmedabad based renewable energy company focused on end‑to‑end solar EPC (engineering, procurement and construction) and related services for commercial and industrial clients. - Q2. Why is the company raising funds via IPO?
Deon Energy is raising funds for long‑term working capital requirements and purposes to scale operations. - Q3. What is the size of the issue and where will it list?
The issue size of the IPO is ₹ 150 crore. It will be listed on the BSE & NSE platform. - Q4. What are the risks to an investor?
Risks to invest in the IPO include project execution delays, regulatory dependencies, capital intensity, and exposure to solar market competition. - Q5. What are the potential upsides?
Positive points to invest in the IPO include growth in India’s solar energy demand, expanding project capacity, and strong commercial client focus. - Q6. How to apply for the IPO?
You can apply to the IPO via your broker or net‑banking ASBA facility once the subscription window opens. - Q 7. When is the tentative listing date?
Expected listing date is yet to be announced.
Upcoming
Deon Energy Limited
0
IPO Score
0
*Score varies on actual price
Deon Energy Limited is a Gujarat‑based renewable energy company providing engineering, procurement, and construction (EPC) of solar power projects primarily for commercial and industrial clients, along with operations and maintenance (O&M) services for solar installations. The company has filed its DRHP with SEBI to raise up to Rs. 150 crore through an initial public offering (IPO) consisting entirely as fresh issue of equity shares at a face value of Rs. 10 each.
Deon Energy Limited was incorporated in the year 2024.Mr. Dharmesh Ashokbhai Makadiya is the Managing Director of the company.
It offers solar EPC services like design, procurement, construction and commissioning of rooftop and ground‑mounted solar installations. It also takes case of operations & maintenance (O&M) for installed solar power plants.The company has executed 78 solar power projects with a total installed capacity of about 140.29MWDC / 118.80MWAC in Gujarat and other regions.
Subscription date to apply for Deon Energy Limited is yet to be announced. Price band for the IPO is yet to be declared.
Revenue, PAT, EBITDA
|
Year
|
2025
|
|---|---|
|
Networth
|
₹ 25.5 Cr
|
|
Revenue
|
₹ 298.8 Cr
|
|
EBITDA
|
₹ 35.4 Cr
|
|
PAT
|
₹ 26.2 Cr
|
|
EBITDA Margin
|
~11.85%
|
|
PAT Margin
|
~8.75%
|
|
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
|
|---|---|
|
Working Capital Requirement
|
~ ₹ 100 Cr
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
General Corporate Purpose
|
Balance
|
Financial Data
|
#
|
2023
|
2024
|
2025
|
|---|---|---|---|
|
Revenue (₹ Cr)
|
42
|
68
|
299
|
|
PAT (₹ Cr)
|
0
|
3
|
26
|
|
Asset (₹ Cr)
|
9
|
34
|
62
|
|
Net Worth (₹ Cr)
|
1
|
3
|
26
|
IPO Grey Market Premium
|
Date
|
IPO Price
|
IPO GMP
|
Profit Per Lot
|
|---|---|---|---|
|
08-Aug
|
₹ –
|
₹ –
|
₹ –
|
|
07-Aug
|
₹ –
|
₹ –
|
₹ –
|
|
06-Aug
|
₹ –
|
₹ –
|
₹ –
|
|
05-Aug
|
₹ –
|
₹ –
|
₹ –
|
|
04-Aug
|
₹ –
|
₹ –
|
₹ –
|
Promoters – Pre offer equity (Approx)
|
Promoters
|
% Shares
|
|---|---|
|
Dharmesh Ashokbhai Makadiya
|
~36.50%
|
|
Chiragbhai Dineshbhai Kalariya
|
~28.50%
|
|
Bhargav Chaturbhai Kavar
|
~23%
|
|
Archanaben Kalariya
|
~9%
|
|
-
|
-
|
|
-
|
-
|
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
|
00
|
|---|---|
|
ROCE
|
00
|
|
RoNW
|
00
|
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