Aegeus Technologies Limited

Aegeus Technologies Limited (SME)

Minimum Investments
₹2,40,000
Price Range
₹100 - ₹105
Issue Size
₹23.71 Cr
Lot Size
1200shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 1200 shares after listing.
Proceeds of this IPO to be used for
Investment in product development
Funding capital expenditure towards setting up of a manufacturing facility of the company by purchase of land and civil work
To meet out the expenses for working capital to fund business growth
To meet out the expenses for general corporate purposes
Strengths & Weaknesses
In-house technology

The company has developed patented in-house robotic technology that enables efficient waterless cleaning of solar panels. The solution delivers consistent cleaning performance, reduces maintenance needs, and ensures reliable operation across diverse site conditions

R&D capabilities

The company offers an integrated automation and O&M ecosystem that combines robotic hardware, digital tools, and analytics-driven monitoring to improve solar plant performance and operational visibility. Its strong R&D capabilities drive continuous innovation in robotics, control systems, and data analytics, strengthening its technological leadership

Scalable & flexible business model

The company operates a scalable business model offering both equipment sales and Module Cleaning as a Service (MCaaS), supported by an experienced management team with expertise in robotics and solar automation. Its strong brand, reliable product performance, and presence across India and international markets support continued business growth

Seasonal business

Demand for the company's robotic cleaning systems and maintenance services depends on seasonal soiling levels and weather conditions affecting solar panels. Variations in climate or extreme weather may impact service demand, project schedules, capacity utilization, and revenue

Cybersecurity risks

The company relies heavily on its IT systems and digital infrastructure, making it vulnerable to increasingly sophisticated cybersecurity threats. Any successful cyberattack could disrupt operations, compromise sensitive data, increase costs, and damage the company's reputation and financial performance

Expansion risks

The company's expansion into new products and market segments involves execution, technology, and market acceptance risks. Any failure to successfully diversify or integrate new offerings could increase costs, disrupt operations, and adversely affect its growth and financial performance

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)Mar 2026Y/Y Change
Operating Revenue40.94+87.03%
Other Income0.28+2,700.00%
Total Income41.22+88.22%
Total Expenditure35.80+79.00%
EBIDT7.12+119.08%
Depreciation0.36+2.86%
Interest1.35+35.00%
Tax1.40+180.00%
Net Profit4.02+189.21%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)Mar 2026
Total Current Assets25.58
Total Non-Current Assets13.78
Fixed assets13.28
Total Assets39.36
Total Current liabilities20.46
Total Non Current Liabilities3.49
Total Equity Plus Liabilities39.36
Total Shareholder Funds15.40
Total Debt to Equity77.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)Mar 2026
Cash from Operating Activity-1.51
Cash from Financing Activities6.40
Cash from Investing Activities-6.19
Net Cash Flow-1.30

About the Company

Aegeus Technologies was incorporated on April 20, 2017. The company designs and develops robotic and intelligent automation solutions for the solar energy sector, specializing in solar panel cleaning and operations & maintenance (O&M;). Its waterless robotic cleaning systems help improve energy generation, reduce downtime, and enhance the operational efficiency of solar power plants

  • Promoter
    Suraj Vernekar’D
  • Promoter
    Roopa Vernakar
  • Promoter
    Nishith Rameshchandra Shah

FAQs for Aegeus Technologies Limited IPO

Aegeus Technologies Limited IPO refers to the initial public offering of shares by Aegeus Technologies Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For Aegeus Technologies Limited IPO the issue size is ₹24 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For Aegeus Technologies Limited IPO the minimum investment is ₹2.4 L. The minimum investment for Aegeus Technologies Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For Aegeus Technologies Limited IPO the lot size is 1200 shares. The lot size of Aegeus Technologies Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for Aegeus Technologies Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Aegeus Technologies Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Aegeus Technologies Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Aegeus Technologies Limited IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For Aegeus Technologies Limited IPO the allotment date is 07 Aug 2026. The allotment date of Aegeus Technologies Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For Aegeus Technologies Limited IPO, the subscription opens on 04 Aug 2026 and closes on 06 Aug 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Closed
Listing Date: 11 Aug 26