Sadbhav Futuretech Limited

Sadbhav Futuretech Limited (NEW IPO): GMP, Profit, Price & expert review

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Sadbhav Futuretech Limited is engaged in the engineering, procurement, and construction (EPC) of solar power projects, primarily focusing on solar water pumping systems, rooftop solar systems, and ground-mounted solar solutions. The company derives a major portion of its business from solar water pumping and provides end-to-end renewable energy solutions across multiple Indian states.

Sadbhav Futuretech Limited was incorporated in 2020 & currently Mr. Saikat Roy serves as the Managing Director & Chairman of the company.

Sadbhav Futuretech Limited offers End-to-end solar EPC solutions, including solar water pumping systems, rooftop solar installations, and ground-mounted solar projects. Focus on government-backed solar irrigation projects and turnkey renewable energy solutions across multiple states.

Sadbhav Futuretech Limited has filed its DRHP with SEBI for a proposed IPO featuring a Fresh issue of 2,55,00,000 Equity Shares and an Offer for Sale (OFS) of ₹ 235 crore.

Subscription date to apply for Sadbhav Futuretech Limited is yet to be announced. Price band for the IPO is yet to be declared.

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:2,55,00,000 Equity Shares + ₹ 235 Cr
Fresh Issue:2,55,00,000 Equity Shares
Offer for Sale:₹ 235 Cr
Price Range:TBA
Lot Size:TBA
GMPPending

Sadbhav Futuretech Limited important data points

Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 78.88 Cr
Revenue:₹ 302.09 Cr
EBITDA₹ 52.84 Cr
EBITDA Margin:~17.49%
PAT₹ 30.80 Cr
PAT Margin~ 10.17%
Face Value:₹ 02

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Working Capital requirements₹ 215 Cr
Subsidiary InvestmentN/A
Sales and MarketingN/A
General Corporate PurposeN/A

Sadbhav Futuretech Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 73.04₹ 133.67₹ 302.09
PAT (₹ Cr)₹ 0.84₹ 7.69₹ 30.8
Asset (₹ Cr)₹ 42.83₹ 102.39₹ 303.31
Net Worth (₹ Cr)₹ 4.55₹ 12.24₹ 78.88

Sadbhav Futuretech Limited IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
07-May₹ –₹ –₹ –
06-May₹ –₹ –₹ –
05-May₹ –₹ –₹ –
04-May₹ –₹ –₹ –
03-May₹ –₹ –₹ –
Sadbhav Futuretech Limited

Sadbhav Futuretech Limited IPO Pros & Cons

Strengths:

  • Strong positioning in India’s rapidly growing solar EPC and irrigation segment driven by government push.
  • Focus on solar water pumping projects gives access to large subsidy-based rural demand.
  • Asset-light EPC model helps maintain relatively better scalability and margins.
  • Healthy order book visibility from government tenders ensures near-term revenue pipeline.
  • Expansion into rooftop and ground-mounted solar diversifies revenue streams.

Risks:

  • Heavy dependence on government projects and policies increases regulatory risk.
  • Revenue concentration in solar water pumping segment limits diversification.
  • Working capital intensive business due to EPC nature and delayed payments.
  • Relatively young company (est. 2020) with limited long-term track record.
  • Profitability may be impacted by intense competition and tender-based pricing pressure.

Sadbhav Futuretech Limited
Promoters – Pre offer equity (Approx)

Promoters%Shares
Bhupender Singh~ 26.61 %
Saikat Roy~ 26.39 %
Bettericon Consultancy Private Limited~ 14.63 %
Nilesh Jain~ 5.23 %
Neelam Jain~ 3.95 %
––

Sadbhav Futuretech Limited Promoters – Pre offer equity (Approx)

Application TypeLot SizeNo. of LotNo. of SharesInvestment Amount
Retail (Min)–1–₹ –
Retail (Max)–13–₹ –
HNI (Min)–14–₹ –
HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Lead Managers / Registrars of Sadbhav Futuretech Limited

Lead / Book Running Lead ManagersBeeline Capital Advisors Private Limited
Registrar (RTA)Bigshare Services Private Limited

FAQ’S of Sadbhav Futuretech Limited

  • It is a solar EPC company providing solar water pumping, rooftop and ground-mounted solar project execution across India.

  • Sadbhav Futuretech Limited is raising funds via IPO mainly for working capital requirements and general corporate purposes to support project execution and growth.

  • The IPO includes a Fresh Issue of ~2.55 Cr Equity shares and an Offer for Sale (OFS) of ₹ 235 Crore. It will be listed on NSE and BSE platform.

  • Key risks include high customer concentration, dependence on solar water pumping EPC projects, and revenue sensitivity to government orders and tender cycles.

  • Potential upsides include strong revenue growth, expanding solar EPC order book, government-backed demand, and presence in fast-growing renewable energy sector.

  • Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

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