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Open
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Close
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Allotment
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Listing
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Issue Size
64,08,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 67.41 | 43.31 |
| Total Income | 120.53 | 82.03 |
| Profit After Tax | 13.67 | 4.08 |
| EBITDA | 18.65 | 5.81 |
| NET Worth | 22.93 | 5.94 |
| Reserves and Surplus | 22.58 | 5.93 |
| Total Borrowing | 12.25 | 1.09 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| IC Electricals Co.Ltd. | SME | ₹47.91 Cr | ₹99 | 9.42 | ₹174.30 | +76.06% | ₹169.45 (+4.99%) |
| Vivid Electromech Ltd. | SME | ₹130.54 Cr | ₹555 | 19.2 | ₹563.05 | +1.45% | ₹1,210.00 (-2.75%) |
| INDO SMC Ltd. | SME | ₹91.95 Cr | ₹149 | 16.1 | ₹154.80 | +3.89% | ₹406.95 (+4.99%) |
| Sugs Lloyd Ltd. | SME | ₹85.66 Cr | ₹123 | 11.91 | ₹125.85 | +2.32% | ₹138.85 (+3.58%) |
| Parth Electricals & Engineering Ltd. | SME | ₹49.67 Cr | ₹170 | 18.05 | ₹182.70 | +7.47% | ₹451.00 (-4.69%) |
| Fujiyama Power Systems Ltd. | Mainboard | ₹828.00 Cr | ₹228 | 40.85 | ₹208.44 | -8.58% | ₹378.35 (+0.66%) |
| Emmvee Photovoltaic Power Ltd. | Mainboard | ₹2,900.00 Cr | ₹217 | 34.9 | ₹219.40 | +1.11% | ₹322.00 (-1.63%) |
| Saatvik Green Energy Ltd. | Mainboard | ₹900.00 Cr | ₹465 | 24.35 | ₹440.70 | -5.23% | ₹444.75 (-0.94%) |
| Mangal Electrical Industries Ltd. | Mainboard | ₹400.00 Cr | ₹561 | 24.31 | ₹535.35 | -4.57% | ₹289.85 (-2.50%) |
| Vikram Solar Ltd. | Mainboard | ₹2,079.37 Cr | ₹332 | 75.16 | ₹356.40 | +7.35% | ₹185.37 (-1.07%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in subsidiary for financing its capital expenditure requirements | 7.43 |
| 2 | Investment in subsidiary to meet its working capital requirements | 10.00 |
| 3 | Investment in another subsidiary for financing its capital expenditure requirements towards setting up of new manufacturing plant at Jaipur, Rajasthan | 41.35 |
| 4 | To meet working capital requirements of the company | 40.00 |
| 5 | General corporate purpose |
About Sunkind India IPO
Incorporated in 2019 as Sunkind India Private Limited, the company was converted into a public limited company in May 2025, and its name was changed to Sunkind India Limited. The company is engaged in the design, engineering, procurement, and construction (EPC) of utility-scale, commercial, and industrial solar projects, including rooftop and ground-mounted systems. Its solutions are delivered primarily through CAPEX and OPEX models, serving sectors such as power transmission and distribution, steel, auto components, and hospitality. The company also provides comprehensive operations and maintenance (O&M) services, supported by advanced data analytics to maximize plant performance and uptime. Sunkind India has established several subsidiaries to support operations across different business models and stages and operates from its registered office in Gurugram, Haryana. As of September 26, 2025, its order book—defined as the value of EPC contracts minus revenue recognized—stood at ₹14,211.00 lakhs. The company is accredited with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. The company has received several industry recognitions, including ranking among the top 10
Contact Details
Sunkind India Ltd. AddressPlot No-97A,AIHP Skyline, 1st Floor,Sector 32, Gurugram, Urban Estate,Gurugram, Haryana, 122001+91-124-4064684cs@sunkind.inVisit Website