Upcoming SME IPO_Zodiac Energy Limited

SME IPO_ZODIAC ENERGY LIMITED

 

Issue Details

Issue opens 23rd November 2017
Issue Closes 27th November 2017
Issue Price 52
Lot Size 2000
Issue Size 10.14 Crore
Lead Manager Swastika Investmart ltd
Registrar Link Intime India Private Limited
Market Makers Beeline broking Ltd
Platform NSE

Promoter & Promoter Group

1. Mr. Kunjbihari Shah ( He is having more than 25 years of experience in field of energy with specialization in captive and co-generation power plants)

2. Mr. Jugalkishor Shah ( He has joined our Company as Non-Executive Promoter Director and will continue to guide the company by his valuable experience.)

Business Description

It is a  Energy Solution Provider company having experience of more than two decades in majority of verticals of power generations spectrum. Their spectrum of services are including Design, supply, installation, Testing and Commissioning (EPC) and Operation and Maintenance (O&M) in short we provide turnkey solutions from concept to commissioning of power plants.

Our company has installed solar power plants for many prominent clients like Sun-Edison India Limited, Adani Group, Torrent Power Limited, Gujarat Energy development Agency, Reserve Bank of India, Directorate of Lighthouse and Lightships Government of India (GoI), Indian Oil Corporation Limited to name a few. The company has installed more than 6,000 KW of Rooftop solar power plants till now and it envisages to reach at 10,000 KW by end of 2017-18.

Companies Competitive Strength

  1. Timely Completion of Projects
  2.  Experienced Management and promoters
  3. Long term relationship with clients

Object of the Issue

(Rs. in Lakhs)
Sr. No. Particulars Amount
1 Working Capital Requirements 795.00
2 General Corporate Purpose 169.00
3 Issue Expenses 50.00
Total 1014.00

Overview of Financials

(Rs. in Lakhs)
Particulars 2016-17 2015-16 2014-15 2013-14 2012-13
Total Revenue 1669.83 918.57 867.36 951.44 885.03
Total Asset 786.57 573.69 668.49 726.85 333.59
 Net Profits 23.81 10.95 4.58 11.08 9.40

Financial Indicators 

EPS: 0.67

P/E Ratio : 77 times

RONW : 15.62

NAV post Issue : 4.27

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