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Deon Energy IPO IPO

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Issue Size
[.] shares (agg. up to ₹150 Cr)
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets62.3134.509.45
Total Income298.8068.4341.84
Profit After Tax26.162.990.22
EBITDA35.414.810.57
NET Worth25.543.211.00
Reserves and Surplus25.532.890.17
Total Borrowing3.950.720.35
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Om Power Transmission Ltd.Mainboard₹150.06 Cr₹17521.13₹193.38+10.50%₹167.11 (-1.24%)
Solarworld Energy Solutions Ltd.Mainboard₹490.00 Cr₹35133.77₹323.50-7.83%₹195.55 (-1.14%)
GK Energy Ltd.Mainboard₹464.26 Cr₹15320.29₹167.74+9.63%₹138.62 (-2.73%)
Vikran Engineering Ltd.Mainboard₹772.00 Cr₹9722.88₹95.71-1.33%₹70.32 (-2.30%)
M&B Engineering Ltd.Mainboard₹650.00 Cr₹38524.98₹408.65+6.14%₹299.30 (-4.93%)
Leapfrog Engineering Services Ltd.SME₹88.51 Cr₹2315.19₹23.10+0.43%₹22.31 (-0.80%)
Safety Controls & Devices Ltd.SME₹48.00 Cr₹8012.3₹78.99-1.26%₹68.72 (-4.29%)
Srinibas Pradhan Constructions Ltd.SME₹20.32 Cr₹989.15₹104.40+6.53%₹130.00 (-3.67%)
GRE Renew Enertech Ltd.SME₹39.56 Cr₹10515.72₹91.20-13.14%₹184.95 (+5.00%)
E to E Transportation Infrastructure Ltd.SME₹84.22 Cr₹17415.44₹327.80+88.39%₹251.50 (-3.27%)
Valplast Technologies Ltd.SME₹28.09 Cr₹5412.75₹58.63+8.57%₹39.55 (+1.28%)
Chiraharit Ltd.SME₹31.07 Cr₹2113.95₹15.96-24.00%₹8.10 (+2.53%)
Telge Projects Ltd.SME₹27.24 Cr₹10514.04₹110.45+5.19%₹178.60 (-4.95%)
Karbonsteel Engineering Ltd.SME₹59.30 Cr₹15912.47₹194.35+22.23%₹105.00 (+0.00%)
Goel Construction Co.Ltd.SME₹100.10 Cr₹2637.8₹317.60+20.76%₹452.00 (-3.21%)
Oval Projects Engineering Ltd.SME₹46.74 Cr₹8513.91₹85.05+0.06%₹53.00 (-1.85%)
Current Infraprojects Ltd.SME₹41.80 Cr₹8011.78₹152.75+90.94%₹104.00 (-0.95%)
Mahendra Realtors & Infrastructure Ltd.SME₹49.45 Cr₹859.94₹64.60-24.00%₹71.35 (+1.93%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding the long-term working capital requirements of the Company.100.00
2General corporate purposes

About Deon Energy IPO

Incorporated in 2020, Deon Energy Limited is engaged in delivering end-to-end renewable energy solutions with a focus on engineering, procurement, and construction (EPC) of solar energy projects on a turnkey basis. The company primarily serves clients in the commercial and industrial sectors, executing independent solar EPC projects across India. Its services also include operations and maintenance (O&M) for solar power plants, covering panel cleaning, battery checks, and inverter maintenance. Since inception, the company has executed 78 solar power projects with a total installed capacity of 140.29 MWDC and 118.80 MWAC in India. As of August 31, 2025, Deon Energy had an order book of Rs 5,051.55 million in solar EPC projects. Its revenues are entirely derived from the domestic market, primarily from Gujarat, with earlier contributions from Maharashtra. The company has executed projects for clients such as Omax Cotspin Private Limited, Fiotix Cotspin Private Limited, Megacity Vitrified LLP, Velloza Granito LLP, and Itacon Granito Private Limited. As of August 31, 2025, it employed 137 personnel.+ Read More

Contact Details

Deon Energy Ltd. AddressBlock D-604-605-606 6th FloorWestgate, S. G. Highway, Near YMCAClub, Makarba, Jivraj ParkAhmedabad, Gujarat, 380051+91 9558915483investors@deonenergy.inVisit Website