Aegeus Technologies IPO

Closed SME
Min Investment
₹2,52,000
2400 Shares
Min Investment
₹2,52,000 · 2400 Shares
Open Aug 04
Close Aug 06
Allotment Aug 07 Out
Refund Aug 10
Listing Aug 11

Market Sentiment

+Rs 12
+11.4%
Est. Listing: Rs 117
Updated: Aug 06, 2026 4:04 pm
Subscription Status
QIB
23.88x
NII
49.12x
bNII (>10L)
56.91x
sNII (2-10L)
33.54x
Retail
25.43x
Total
30.06x
Updated: Aug 06, 2026 5:00 pm IST
Analysis Score 52 / 100
Neutral
Data: 80%
GMP Score 55
Subscription Score 40
Financial Health 71
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹100-105 per equity share
Face Value₹10 Per Equity Share
Lot Size 2400 shares (Min ₹2,52,000)
Total Issue Size ₹23.71 crore
Fresh Share₹23.71 crore
Issue TypeBook built Issue
Lead ManagerTurnaround Corporate Advisors Pvt. Ltd.
RegistrarSkyline Financial Services Pvt. Ltd.
Listing atBSE

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,400 ₹2,52,000
Retail Maximum 2 2,400 ₹2,52,000
S-HNI Minimum 3 3,600 ₹3,78,000
S-HNI Maximum 7 8,400 ₹8,82,000
B-HNI Minimum 8 9,600 ₹10,08,000
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB3,92,40017.38%
NII (HNI)2,91,60012.91%
bNII > ₹10L1,94,4008.61%
sNII < ₹10L97,2004.30%
Retail6,76,80029.97%
Anchor5,72,40029.61%
Total19,33,200

Return Estimator (GMP*)

Category Investment Expected Profit
Retail Minimum ₹2,52,000 +₹28,800
Retail Maximum ₹2,52,000 +₹28,800
S-HNI Minimum ₹3,78,000 +₹43,200
S-HNI Maximum ₹8,82,000 +₹1,00,800
B-HNI Minimum ₹10,08,000 +₹1,15,200
GMP (Rumour*) +₹12
Exp. Listing ₹117
Return +11.4%
Estimates based on unofficial GMP data. Actual listing price may differ significantly.

Allotment Chances

Retail 4.5% (25.43x subscribed)
Low chance
S-HNI (2-10L) 3.0% (33.54x subscribed)
Low chance
B-HNI (>10L) 7.0% (56.91x subscribed)
Low chance
If 100 retail investors apply, approximately 4 will get allotment.
Estimated from current subscription data, calibrated against published basis-of-allotment results. Actual allotment depends on the number of applications received and SEBI's allotment rules — draw of lots for Retail, Employee and NII; proportionate for QIB.

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3
QIB 0.00x 0.74x 23.88x
NII 0.27x 3.49x 49.12x
bNII > ₹10L 0.11x 4.02x 56.91x
sNII 2-10L 0.58x 2.41x 33.54x
Retail 0.65x 2.35x 25.43x
Total 0.38x 2.13x 30.06x

Financial Analysis

Financial Data
EPS (Pre)
Rs 6.57
ROE
29.93%
ROCE
24.75%
RoNW
29.93%
EBITDA Margin
15.82%
Debt/Equity
0.77
NAV/Share
Rs 25.18
Revenue Growth
88.22%
Profit Margin
9.75%
Financial Performance
Metric 2024 2025 2026
Revenue 15.28 21.90 41.22
Expense 14.36 20.00 35.80
Profit (PAT) 0.93 1.39 4.02
Total Assets 13.56 22.09 39.36
Values in Crores (₹)
Promoters & Holding Pattern

Promoters: Mr. Suraj Vernekar’D, Mrs. Roopa Vernekar and Mr. Nishith Rameshchandra Shah

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 61,16,193 100.00%
Promoter Holding Post Issue 83,74,593 100.00%

Strengths & Risks

Strengths
  • Healthy grey-market premium — +11% over the issue price.
  • Heavily oversubscribed — 30.1x overall (so far).
  • Strong institutional (QIB) demand — 23.9x.
  • Revenue grew 88% in the latest reported year.
  • Solid profit margin — 9.8%.
Risks & Concerns

Our metrics didn't flag a major concern for Aegeus Technologies from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Aegeus Technologies

Since its establishment in 2017, Aegeus Technologies has been engaged in designing and developing robotic and intelligent automation solutions for solar panels. The firm offers a wide range of services, including Complete Solar O&M, Annual Maintenance Contracts (AMC), Module Cleaning as a Service (MCaaS), Regional Service Network, Spoke Warehouses, and Field Service Support. Its product portfolio consists of Unicorn Smart: The intelligent, water-free solar panel cleaning robot, Shreem: Lightweight airwash robot built for rooftop solar, Optima: Rail-mounted waterless cleaning that lives on the array, and Asset Guard: AI surveillance robot for intelligent solar asset monitoring, all types of robots to keep your solar panels running more efficiently, reducing the waste of water, and helping panels generate more electricity.

Objects of the Issue
Purpose Amount (Cr)
Investment in Product Development 2.86
Funding Capital Expenditure towards Setting up of Manufacturing Facility through Purchase of Land and Civil Works. 5.74
To meet out the expenses for Working Capital to fund business growth 7.01
General Corporate Purposes -

Resources & Documents

Anchor Investors
Anchor Bidding Date
August 03, 2026
Shares Offered to Anchors
5,72,400
Lock-in End (30 Days, 50%)
September 06, 2026
Lock-in End (90 Days, 50%)
November 05, 2026
Company Contact Information

Aegeus Technologies Ltd., No. 105, Harapanahalli Village,, Jigani Hobli Anekal Taluk,, Bangalore Urban, Karnataka, 560105

Aegeus Technologies IPO — Quick Take

Aegeus Technologies has set a price band of Rs 100–Rs 105 per share for an issue size of Rs 24 crore. The subscription window has closed; shares are expected to list on August 11, 2026 (1 day away).

Since its establishment in 2017, Aegeus Technologies has been engaged in designing and developing robotic and intelligent automation solutions for solar panels. The firm offers a wide range of services, including Complete Solar O&M, Annual Maintenance Contracts (AMC), Module Cleaning as a Service (MCaaS), Regional Service Network, Spoke Warehouses, and Field Service Support.

The issue is promoted by Mr. Suraj Vernekar’D, Mrs. Roopa Vernekar and Mr. Nishith Rameshchandra Shah with Turnaround Corporate Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Investment in Product Development (Rs 3 crore) and Funding Capital Expenditure towards Setting up of Manufacturing Facility through Purchase of Land and Civil Works. (Rs 6 crore).

Grey market is quoting a premium of +Rs 12 (+11.4% over issue price). Final subscription data records overall subscription at 30.06x, retail at 25.43x, QIB at 23.88x, NII at 49.12x.

On fundamentals, the company is posting revenue growth of 88.2%, a profit margin of 9.8%, return on equity of 29.9% in its most recent reported period.

Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Allotment status can be checked on the registrar portal once published; see the allotment links below.

Frequently Asked Questions

The price band of Aegeus Technologies IPO is Rs 100 to Rs 105 per share. Face value is Rs 10 per share.

The total issue size of Aegeus Technologies IPO is Rs 24 crore, comprising fresh issue of Rs 24 crore.

Retail investors must apply for a minimum of 1 lot of 2400 shares, requiring an investment of Rs 2,52,000.

Aegeus Technologies IPO opens for subscription on August 04, 2026 and closes on August 06, 2026. Anchor investor bidding is scheduled for August 03, 2026.

The expected allotment date for Aegeus Technologies IPO is August 07, 2026. Refunds for unsuccessful applicants are expected on August 10, 2026.

Aegeus Technologies IPO is scheduled to list on August 11, 2026 on BSE.

The current GMP (Grey Market Premium) of Aegeus Technologies IPO is +Rs 12 (+11.4% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Aegeus Technologies IPO is currently subscribed 30.06 times overall — retail at 25.43x, QIB at 23.88x, NII at 49.12x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 25.43x for Aegeus Technologies IPO, the estimated retail allotment probability is approximately 4.5%. This is a low probability — approximately 4 out of every 100 retail applications may receive allotment.

The registrar for Aegeus Technologies IPO is Skyline Financial Services Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Aegeus Technologies IPO are Turnaround Corporate Advisors Pvt. Ltd..

The promoter(s) of Aegeus Technologies are Mr. Suraj Vernekar’D, Mrs. Roopa Vernekar and Mr. Nishith Rameshchandra Shah.

Aegeus Technologies IPO GMP — What It Means

The latest grey market premium for Aegeus Technologies IPO is ₹12 (+11.4%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Aegeus Technologies it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Aegeus Technologies GMP history and trend, or learn how grey market premium works and how reliable it is.

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