Aegeus Technologies IPO
Aegeus Technologies IPO Listing Day Performance
Aegeus Technologies listed on BSE SME on 11 August 2026 at ₹124.50, a 18.57% premium over the issue price of ₹105. A retail investor allotted the minimum application of 2,400 shares (2 lots) gained ₹46,800 at the listing price.
GMP vs actual listing
| Last GMP before listing | ₹12 (+11.4%) |
| GMP-implied listing | ₹117 |
| Actual listing | ₹124.50 |
| Difference | +₹7.5 (+6.4%) |
Demand going into listing
| Subscribed overall | 30.06× |
| QIB | 23.88× |
| NII | 49.12× |
| Retail | 25.43× |
Market Sentiment
The overall score is a weighted average of the parts below, so one weak part can sit inside a strong overall reading.
IPO Details
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 |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
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 |
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
- Strongly subscribed — 30.1x overall (so far).
- Strong institutional (QIB) demand — 23.9x.
- Revenue grew 88% in the latest reported year.
- Solid profit margin — 9.8%.
- Strong return on equity — 30%.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. 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.
Company Contact Information
Aegeus Technologies Ltd., No. 105, Harapanahalli Village,, Jigani Hobli Anekal Taluk,, Bangalore Urban, Karnataka, 560105
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
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 stock listed with a 18.57% gain versus its issue price on August 11, 2026.
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).
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.
On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Aegeus Technologies IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 11.4%. Of the 26 SME IPOs we have tracked with a final GMP between 10% and 25%, 21 listed above, 3 flat and 2 below the issue price; Aegeus Technologies listed 18.6% above its issue price.
See the full Aegeus Technologies GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
Same sector or same stage as Aegeus Technologies
No comments yet. Be the first to share your opinion!