Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Regreen-Excel EPC India Ltd. on December 31, 2024. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Regreen-Excel EPC India Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. IIFL Capital Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Regreen Excel EPC IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Sep 19, 2024 |
| SEBI/Exchange approval received | Tue, Dec 31, 2024 |
| SEBI approval expired | Wed, Dec 31, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Established on September 9, 2020, Regreen-Excel EPC India Ltd., based in Pune, Maharashtra, is a prominent company specializing in the design, fabrication, and commissioning of equipment for the distillery, biofuels, sugar, cogeneration, water, wastewater, and renewable energy sectors.
The company offers a diverse range of products and services, including:
Regreen-Excel EPC India Limited has executed 113 projects across various feedstocks, including 53 molasses-based projects, 57 grain-based projects, and three multi-feedstock projects.
As of March 31, 2024, the company had 416 permanent employees.
Out of the 113 projects executed as of July 15, 2024, Regreen-Excel EPC India Limited completed 12 projects on a full EPC basis, while 101 projects were process plant EPC across different feedstocks—53 molasses-based, 57 grain-based, and three multi-feedstock (grain and molasses-based) projects.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 796.53 | 568.57 | 298.45 |
| Total Income | 1,932.38 | 1,193.71 | 702.46 |
| Profit After Tax | 59.86 | 28.67 | 4.15 |
| NET Worth | 87.97 | 32.91 | 4.12 |
| Total Borrowing | 12.40 | 1.59 | 2.14 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements of the Company. | 180.58 |
| 2 | Re-payment and/or pre-payment, in full or in part, of certain borrowings availed by the Company. | 55.00 |
| 3 | Funding margin money requirements for the purpose of availing bank guarantees. | 38.26 |
| 4 | General corporate purposes. |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 101.31% |
| ROCE | 97.71% |
| RoNW | 63.73% |
| PAT Margin | 0.59% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.04 | |
| Promoter Holding | 100% |
Lead Manager Reports
Regreen Excel EPC IPO is a main-board IPO of 0 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Regreen Excel EPC IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Regreen Excel EPC IPO using UPI as a payment gateway. Zerodha customers can apply in Regreen Excel EPC IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Regreen Excel EPC IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Regreen Excel EPC IPO dates are not announced. Please check back again after some time.
Regreen Excel EPC IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Regreen Excel EPC IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Regreen Excel EPC IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Regreen Excel EPC IPO allotment status.
The Regreen Excel EPC IPO listing date is not yet announced. The tentative date of listing is .
