Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Rotomag Enertec Ltd. on January 30, 2026. 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.
Rotomag Enertec Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹500.00 crores and an offer for sale (OFS) of upto 2.40 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Equirus Capital Pvt.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 Rotomag Enertec IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹500 Cr) |
| Offer for Sale | 2,40,40,162 shares of ₹1 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 8,32,58,379 shares |
| Share Holding Post Issue | 10,10,13,260 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Sep 26, 2025 |
| SEBI/Exchange approval received | Fri, Jan 30, 2026 |
| 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 |
Incorporated in 1993, Rotomag Enertec Ltd. is a design-focused manufacturer and supplier of industrial drive solutions and solar products.
The company’s solar product portfolio includes surface and submersible solar pumps, integrated solar pumping systems, inverters, and energy storage systems, catering to domestic, commercial, and industrial applications.
Its industrial drive solutions comprise DC motors, PMDC motors, BLDC motors, AC motors, PMSM motors, gearboxes, and gearmotors, marketed under the brands “Rotomag”, “Rotomotive”, “Rotodrive” and “Cyclo”.
Rotomag serves industries such as plastic processing, textiles, pumps, wind energy, construction equipment, material handling, floorcare, power distribution, hoist and winch, and railways. The company supplies solar pumping systems to state nodal agencies across multiple Indian states.
As of June 30, 2025, the company exported DC motors to over 35 countries in Europe, North America, South America, and Asia, and served several marquee domestic and international customers.
Rotomag operates six manufacturing facilities, three in Anand (Gujarat) and one each in Satara (Maharashtra), Gurugram (Haryana), and Hapur (Uttar Pradesh).
As of June 30, 2025, the company employed 398 permanent staff.
Rotomag Enertec Ltd.'s revenue increased by 79% and profit after tax (PAT) rose by 135% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 1,249.21 | 752.09 | 573.49 |
| Total Income | 1,277.92 | 712.42 | 730.03 |
| Profit After Tax | 167.52 | 71.38 | 55.45 |
| EBITDA | 244.02 | 93.59 | 56.26 |
| NET Worth | 598.18 | 430.84 | 359.66 |
| Total Borrowing | 276.98 | 132.72 | 31.61 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Redemption of Non-Convertible Debentures issued by the Company | 100.00 |
| 2 | Funding the working capital requirements | 275.00 |
| 3 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 27.98% |
| ROCE | 28.20% |
| Debt/Equity | 0.14 |
| RoNW | 27.98% |
| PAT Margin | 13.11% |
| EBITDA Margin | 19.29% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 20.12 | 16.58 |
| Promoter Holding | 91.71% |
Lead Manager Reports
Rotomag Enertec IPO is a main-board IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Rotomag Enertec 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 Rotomag Enertec IPO using UPI as a payment gateway. Zerodha customers can apply in Rotomag Enertec IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Rotomag Enertec IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Rotomag Enertec IPO dates are not announced. Please check back again after some time.
Rotomag Enertec IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Rotomag Enertec 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 Rotomag Enertec IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Rotomag Enertec IPO allotment status.
The Rotomag Enertec IPO listing date is not yet announced. The tentative date of listing is .
