Aegeus Technologies IPO: Price Band, Lot Size, Financials & Review
Aegeus Technologies IPO listed on BSE on Tue, 11 Aug 2026. The issue was subscribed 30.15x overall.
- Open Date
- 4 Aug 2026
- Close Date
- 6 Aug 2026
Last updated
- Price band
- ₹100 – ₹105
- Lot size
- 1,200 shares
- Min. investment
- ₹2,52,000
- Issue size
- ₹23.71 Cr
- Last GMP
- +₹12
- Subscribed
- 🔥 30.15x
Aegeus Technologies IPO details
Aegeus Technologies IPO is a ₹23.71 Cr book-building IPO on the SME segment, listing on BSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue was open from Tue, 4 Aug 2026 to Thu, 6 Aug 2026. Allotment was finalised on Fri, 7 Aug 2026, and the shares listed on BSE on Tue, 11 Aug 2026.
The price band is ₹100 to ₹105 per share and the lot size is 1200 shares, so the minimum retail application is ₹2,52,000. Retail investors can apply for up to 2 lots (2,400 shares, ₹2,52,000).
Skyline Financial Services Private Ltd is the registrar, and Turnaround Corporate Advisors Private Limited is the book running lead manager.
Grey market premium (GMP)
Day-wise GMP →The last Aegeus Technologies IPO GMP before listing was +₹12 (+11.43% against the upper price band of ₹105), implying an estimated listing price of ₹117. Across 10 days of tracking, GMP ranged from 0 (02 Aug) to +₹12 (07 Aug).
| Last GMP | +₹12 |
|---|---|
| GMP vs upper band | +11.43% |
| Estimated listing price | ₹117 |
| Highest (07 Aug) | +₹12 |
| Lowest (02 Aug) | 0 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Aegeus Technologies IPO day-wise GMP.
Subscription
Day-wise subscription →Aegeus Technologies IPO was subscribed 30.15x overall: QIB 23.88x, NII 49.17x and retail 25.59x.
| Category | Subscribed |
|---|---|
| QIB | 23.88x |
| NII | 49.17x |
| └ bNII (above ₹10 lakh) | 56.91x |
| └ sNII (₹2–10 lakh) | 33.69x |
| Retail | 25.59x |
| Total | 30.15x |
Final figures at the close of bidding on 6 Aug 2026. Category-wise bids, application-wise breakup and allotment chances are on the Aegeus Technologies IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Qualified Institutions | 3,92,400 | 28.84% |
| Non-Institutional | 2,91,600 | 21.43% |
| └ BNII | 1,94,400 | 14.29% |
| └ SNII | 97,200 | 7.14% |
| Retail Investors | 6,76,800 | 49.74% |
| Total | 13,60,800 | 100.00% |
Aegeus Technologies IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,52,000 |
| Retail (Max) | 2 | 2,400 | ₹2,52,000 |
| S-HNI (Min) | 3 | 3,600 | ₹3,78,000 |
| S-HNI (Max) | 7 | 8,400 | ₹8,82,000 |
| B-HNI (Min) | 8 | 9,600 | ₹10,08,000 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
At the upper price band of ₹105, the issue is priced at 15.98x pre-issue earnings and 21.88x post-issue earnings per share.
The post-issue P/E is higher because the fresh issue adds new shares, which spreads the same profit over more shares.
None of the listed peers in the prospectus has positive earnings, so a P/E comparison is not meaningful.
| EPS (pre-issue) Latest earnings per share before the issue | ₹6.57 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 15.98x |
| EPS (post-issue) EPS on the enlarged share capital | ₹4.8 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 21.88x |
| Promoter holding (pre-issue) | 64.75% |
| Promoter holding (post-issue) | 0.00% |
Aegeus Tech Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹21.9 Cr to ₹41.22 Cr, and profit after tax rose from ₹1.39 Cr to ₹4.02 Cr. The PAT margin for 31 Mar 2026 was 9.75%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 39.36 | 22.09 | 13.56 |
| Total Income | 41.22 | 21.90 | 15.28 |
| Profit After Tax | 4.02 | 1.39 | 0.93 |
| EBITDA | 6.48 | 3.13 | 1.66 |
| Net Worth | 15.40 | 11.42 | 5.83 |
| Reserve & Surplus | 9.28 | 5.30 | 5.82 |
| Total Borrowings | 11.93 | 4.10 | 4.16 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 29.93 | 16.14 | 19.20 |
| ROCE % | 24.75 | 18.66 | 13.92 |
| Debt / Equity | 0.77 | 0.36 | 0.71 |
| RoNW % | 29.93 | 16.14 | 19.20 |
| Pat Margin % | 9.81 | 6.36 | 6.08 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Aegeus technologies Ltd | 10 | — | 6.57 | 6.57 | 29.93% | 25.18 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Investment in Product Development. |
| 2 | Funding Capital Expenditure towards Setting up of Manufacturing Facility through Purchase of Land and Civil Works. |
| 3 | To meet out the expenses for Working Capital to fund business growth |
| 4 | General Corporate Purposes |
About Aegeus Tech Limited
Incorporated in 2017, Aegeus Technologies Limited is a technology-driven company specializing in the design, development, and deployment of robotic and intelligent automation solutions. The company focuses on delivering innovative technologies that enhance operational efficiency, optimize business processes, and support digital transformation across industries.
Aegeus provides a comprehensive range of technology services, including software development, system integration, data management, intelligent automation solutions, and customized technology support tailored to meet the specific operational and business requirements of its clients. The company emphasizes innovation, quality, and system reliability, enabling customers to improve productivity and achieve sustainable business growth through advanced automation solutions.
In addition to its technology offerings, Aegeus has established a strong presence in the solar energy sector through its robotic solar panel cleaning and maintenance solutions. The company delivers end-to-end operations and maintenance (O&M) services designed to maximize the efficiency and performance of solar power plants while reducing water consumption and operating costs.
Service Portfolio
- Complete Solar O&M Services: Comprehensive operations and maintenance solutions, including preventive and corrective maintenance, performance monitoring, diagnostics, and periodic plant performance reporting.
- Annual Maintenance Contracts (AMC): Preventive maintenance programs, spare parts support, and technical assistance to ensure the reliable and efficient operation of robotic cleaning systems.
- Module Cleaning as a Service (MCaaS): A pay-per-use robotic solar panel cleaning model that eliminates upfront capital expenditure while ensuring consistent panel cleaning and improved energy generation.
- Regional Service Network: Dedicated service hubs located in Bangalore and Badi Sid, Rajasthan, equipped with diagnostic facilities, trained service engineers, and spare parts inventories to provide timely customer support.
- Spoke Warehouse Network: Strategically located warehouses in Hubli, Rewa, Bellary, and Surat, enabling faster spare parts availability and improved service response times.
- Field Service Support: Experienced on-site service teams providing installation assistance, preventive and corrective maintenance, performance inspections, operator training, and robotic system servicing.
Product Portfolio
- Unicorn Smart: A fully autonomous, water-free robotic solar panel cleaning solution designed for large-scale utility solar power plants, delivering efficient cleaning with minimal human intervention.
- Unicorn R2R: A semi-autonomous robotic cleaning system developed for utility-scale and medium-sized solar installations, offering reliable and cost-effective panel maintenance.
- Shreem: An intelligent, water-free robotic cleaning solution specifically designed for rooftop solar installations, helping improve energy generation while minimizing maintenance costs and water usage.
Driven by a commitment to technological innovation, operational excellence, and customer satisfaction, Aegeus Technologies continues to strengthen its position as a provider of intelligent automation and robotic solutions for the renewable energy industry.
As of June 30, 2026, the company employed 55 permanent employees and 33 contractual employees, supporting its operations across engineering, software development, manufacturing, service, sales, administration, and customer support functions.
Promoters
- Nishith Rameshchandra Shah
- Roopa Vernekar
- Suraj Vernekard
Contact details
Aegeus Technologies Limited
No. 105, Harapanahalli Village,
Jigani Hobli Anekal Taluk,
Bangalore Urban, Karnataka, 560105
Phone: + 91 8810209970
Email: surbhi.sharma@aegeus.in
Website: www.aegeustechnologies.com
Aegeus Technologies IPO FAQs
- What is the Aegeus Technologies IPO price band?
- The Aegeus Technologies IPO price band is ₹100 to ₹105 per share.
- What is the Aegeus Technologies IPO lot size and minimum investment?
- The Aegeus Technologies IPO lot size is 1200 shares. The minimum retail investment is ₹2,52,000 for one lot at the upper price band. Retail investors can apply for up to 2 lots (2,400 shares), costing ₹2,52,000.
- When was Aegeus Technologies IPO open for subscription?
- Aegeus Technologies IPO was open for subscription from Tue, 4 Aug 2026 to Thu, 6 Aug 2026.
- What is the Aegeus Technologies IPO subscription status?
- Aegeus Technologies IPO was subscribed 30.15x overall: QIB 23.88x, NII 49.17x and retail 25.59x. Day-wise and category-wise figures are on the subscription page.
- What was the Aegeus Technologies IPO GMP before listing?
- The last Aegeus Technologies IPO GMP before listing was +₹12 (+11.43% against the upper price band of ₹105), implying an estimated listing price of ₹117. Across 10 days of tracking, GMP ranged from 0 (02 Aug) to +₹12 (07 Aug). GMP is an unofficial grey market indicator and can change quickly.
- What is the Aegeus Technologies IPO allotment date?
- The Aegeus Technologies IPO basis of allotment was finalised on Fri, 7 Aug 2026. You can check your allotment status on the Skyline Financial Services Private Ltd website.
- What is the Aegeus Technologies IPO listing date?
- Aegeus Technologies IPO listed on BSE on Tue, 11 Aug 2026.
- Is the Aegeus Technologies IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the Aegeus Technologies IPO?
- The registrar for the Aegeus Technologies IPO is Skyline Financial Services Private Ltd, and the book running lead manager is Turnaround Corporate Advisors Private Limited.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.