Aegeus Technologies IPO
Grey Market Premium (GMP)
GMP applies before listing only. This IPO has listed — see Listing Performance below for the actual debut.
Subscription Status
| Category | Subscription |
|---|---|
| QIB | 23.88x |
| NII | 48.05x |
| sNII (₹2L–₹10L) | 33.69x |
| bNII (above ₹10L) | 55.23x |
| Retail (RII) | 25.59x |
| Total | 29.91x |
Bidding day 3 · final figures at close of bidding: 11 Aug 2026, 6:30 pm IST
IPO Details
- Open Date
- 4 Aug 2026
- Close Date
- 6 Aug 2026
- Listing Date
- 11 Aug 2026
- Face Value
- ₹10
- Fresh Issue
- ₹20.3 Cr
- OFS
- ₹0 Cr
- Listing On
- BSE
- Registrar
- Skyline Financial Services
Lot Size & Application Amounts
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,52,000 |
| HNI (Min) | 3 | 3,600 | ₹3,78,000 |
Issue Reservation
| Investor category | Shares offered | % of issue |
|---|---|---|
| Anchor | 5,72,400 | 29.61% |
| QIB (ex-anchor) | 3,92,400 | 20.3% |
| NII | 2,91,600 | 15.08% |
| — sNII (< ₹10L) | 97,200 | 5.03% |
| — bNII (> ₹10L) | 1,94,400 | 10.06% |
| Retail | 6,76,800 | 35.01% |
| Total | 19,33,200 | 100% |
The anchor portion is carved out of the QIB quota. Percentages are of the total shares offered.
Financials (₹ Cr)
| Period Ended | Revenue | PAT | EBITDA | Net Worth | Total Assets | Borrowings | EPS (₹) |
|---|---|---|---|---|---|---|---|
| FY 2024 | 15.28 | 0.93 | 1.66 | 5.83 | 13.56 | 4.16 | — |
| FY 2025 | 21.9 | 1.39 | 3.13 | 11.42 | 22.09 | 4.1 | — |
| FY 2026 | 41.22 | 4.02 | 6.48 | 15.4 | 39.36 | 11.93 | 6.57 |
Restated figures from the offer document. Amounts in ₹ crore; EPS in ₹ per share. FY = the 12 months ended 31 March.
KPIs & Valuation
- P/E (pre-issue)
- 15.98x
- P/E (post-issue)
- 21.88x
- RoNW
- 29.93%
- RoE
- 29.93%
- RoCE
- 24.75%
- Debt / Equity
- 0.77
- EPS (pre-issue)
- ₹6.57
- EPS (post-issue)
- ₹4.8
- EBITDA Margin
- 15.82%
- PAT Margin
- 9.81%
- P/BV
- 5.62x
- NAV / share
- ₹25.18
- Market Cap
- ₹87.93 Cr
As of 31 Mar 2026 (latest reported period in the offer document). Market cap is computed on a post-issue basis at the upper price band.
Objects of the Issue
| Purpose | Est. Amount |
|---|---|
| Investment in Product Development | ₹2.86 Cr |
| Funding Capital Expenditure towards Setting up of Manufacturing Facility through Purchase of Land and Civil Works. | ₹5.74 Cr |
| To meet out the expenses for Working Capital to fund business growth | ₹8 Cr |
| General Corporate Purposes | ₹3.55 Cr |
| Issue Expenses | ₹3.56 Cr |
Net-proceeds utilisation as disclosed in the offer document.
Issue Expenses
| Purpose | Est. Amount |
|---|---|
| Book Running Lead manager(s) fees | ₹0.82 Cr |
| Underwriting commission | ₹1.18 Cr |
| Brokerage, selling commission and upload fees | ₹0.02 Cr |
| Fees payable to Registrar to Offer | ₹0.01 Cr |
| Fees payable to Legal Advisor | ₹0.02 Cr |
| Statutory Advertisement Expenses | ₹0.07 Cr |
| Statutory Printing Expenses | ₹0.01 Cr |
| Regulators including stock exchanges fees | ₹0.09 Cr |
| Other Fee including document handling, Communication, Courier Charges and other Out of Pocket in relation to IPO | ₹1.34 Cr |
Promoters & Shareholding
Promoters: <p>Suraj Vernekard, Roopa Vernekar, Nishith Rameshchandra Shah</p>
- Holding (pre-issue)
- 64.75%
- Holding (post-issue)
- 46.09%
- Dilution
- 18.66%
Documents
Anchor Investors
| Investor | Category | Shares | Price | Amount ₹Cr | Allocation |
|---|---|---|---|---|---|
| AARTH AIF GROWTH FUND | Other | 2,86,800 | ₹105 | 3.01 | 50.1% |
| M7 GLOBAL FUND PCC-CELL DEWCA FUND | FII/FPI | 2,85,600 | ₹105 | 3 | 49.9% |
Anchor bidding took place on 3 Aug 2026. Anchor lock-in: 50% of shares unlock on 6 Sept 2026, the remainder on 5 Nov 2026.
Lead Managers (BRLMs)
Tap a lead manager to see every IPO it has run and how those listings fared.
Listing Performance
About the Aegeus Technologies IPO
The Aegeus Technologies SME IPO runs from 4 Aug 2026 to 6 Aug 2026, offered at a price band of ₹100–105 per share, and is set to list on BSE. The company is looking to raise ₹23.71 crore through the offer. Retail investors bid in lots of 1200 shares, a minimum application of ₹2,52,000.
Issue structure
The IPO is structured entirely as a fresh issue of ₹20.3 crore, so the full proceeds flow to the company to fund its stated objects of the issue.
Objects of the issue
Per the offer document, the company intends to deploy the net proceeds primarily toward to meet out the expenses for working capital to fund business growth (₹8 crore), alongside funding capital expenditure towards setting up of manufacturing facility through purchase of land and civil works. (₹5.74 crore). In all, 5 objects are disclosed — the full break-up is in the table above.
Financials
In FY2026, Aegeus Technologies reported revenue of ₹41.22 crore and a net profit of ₹4.02 crore. Revenue grew from ₹15.28 crore in FY2024 to ₹41.22 crore in FY2026 (+170.0%). Net worth stood at ₹15.4 crore at the end of FY2026. At the upper band, that puts the issue at roughly 16.0× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.
Valuation
At the upper band, the issue is priced at 21.88× post-issue earnings and 5.62× book value, against a return on net worth of 29.93% and a debt-to-equity ratio of 0.77. These ratios come from the offer document and are for comparison, not a recommendation.
Promoters
The promoters of the company are <p>Suraj Vernekard, Roopa Vernekar, Nishith Rameshchandra Shah</p>. Promoter holding stands at 64.75% before the issue and comes down to 46.09% after listing.
Grey market premium (GMP)
In the unofficial grey market, Aegeus Technologies shares are quoted at a premium of ₹12 implying an expected listing around ₹117, about +11.4% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.
Subscription
The Aegeus Technologies IPO was subscribed 29.91 times overall. The strongest demand came from non-institutional investors (NII) at 48.05 times, with qualified institutional buyers (QIB) at 23.88× and retail investors at 25.59×.
Listing performance
Aegeus Technologies listed on 11 Aug 2026 at ₹124.5, a premium of +18.6% over the issue price of ₹105.
What to weigh
When evaluating the Aegeus Technologies IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.
About Aegeus Technologies
Aegeus Technologies Ltd. is engaged in the business of designing and developing robotic and intelligent automation solutions for the solar energy sector. The company offers services such as software development, system integration, data management, automation solutions, and customized technology support tailored to client-specific operational and business requirements. Aegeus Technologies emphasizes quality delivery, secure systems, and continuous innovation, enabling clients to improve productivity, optimize processes, and achieve sustainable growth through reliable technology solutions. Products Portfolio: Unicorn Smart Unicorn R2R Shreem Competitive Strengths: Patented robotic technology Comprehensive automation and O&M ecosystem Strong research and development capabilities Scalable and flexible business model Experienced management and technical team
Aegeus Technologies — Contact Details
- Registered office
- No. 105, Harapanahalli Village,, Jigani Hobli Anekal Taluk,, Bangalore Urban, Karnataka, 560105
- Phone
- 8810209970
- Website
- www.aegeustechnologies.com/
- Registrar (IPO queries)
- ipo@skylinerta.com
Frequently asked questions
- What is the Aegeus Technologies IPO price band?
- The Aegeus Technologies IPO price band is ₹100 to ₹105 per share, with a lot size of 1200 shares.
- What was the Aegeus Technologies IPO GMP before listing?
- The final grey market premium recorded before the Aegeus Technologies IPO listed was ₹12. The IPO listed on 11 Aug 2026 at ₹124.5, +18.6% against the issue price. GMP is an unofficial figure and was never a guarantee of the listing price.
- When does the Aegeus Technologies IPO open and close?
- The Aegeus Technologies IPO opens on 4 Aug 2026 and closes on 6 Aug 2026.
- When is the Aegeus Technologies IPO allotment and listing date?
- Allotment is expected on 7 Aug 2026. The shares are scheduled to list on 11 Aug 2026 on BSE.
- How many times was the Aegeus Technologies IPO subscribed?
- The Aegeus Technologies IPO was subscribed 29.91 times in total across all investor categories.
- What is the reservation split in the Aegeus Technologies IPO?
- Of the total shares offered, retail investors get 35.01%, QIBs 20.3% (plus 29.61% anchor), non-institutional investors 15.08%. The full category-wise break-up is in the Issue Reservation table on this page.
- Who are the promoters of Aegeus Technologies and what is their holding?
- The promoters are <p>Suraj Vernekard, Roopa Vernekar, Nishith Rameshchandra Shah</p>. Promoter holding is 64.75% before the issue and 46.09% after listing.
- What is the P/E ratio of the Aegeus Technologies IPO?
- At the upper price band, the Aegeus Technologies IPO is valued at 15.98× pre-issue earnings and 21.88× post-issue earnings, based on the financials disclosed in the offer document.
- What are the objects of the Aegeus Technologies IPO?
- The net proceeds go primarily toward to meet out the expenses for working capital to fund business growth, among 5 disclosed objects. See the Objects of the Issue table for the full break-up.
- Who are the lead managers and registrar of the Aegeus Technologies IPO?
- The book-running lead manager is Turnaround Corporate Advisors Pvt.Ltd.. Skyline Financial Services is the registrar to the issue.
- Is Aegeus Technologies a Mainboard or SME IPO?
- Aegeus Technologies is an SME IPO, listing on BSE (SME platform).