BSE List Price : ₹124.50

subscription

Category	Times
QIBs	23.88x
HNIs	49.17x
Retail	25.59x
Total : 30.15x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	2,400	₹252,000
Retail Maximum	2	2,400	₹252,000
S-HNI Minimum	3	3,600	₹378,000
S-HNI Maximum	7	8,400	₹882,000
B-HNI Minimum	8	9,600	₹1,008,000

About the Company

Established in 2017, Aegeus Technologies specializes in the design and development of robotic and intelligent automation solutions for the solar industry. The company provides a comprehensive range of services, including Complete Solar Operations & Maintenance (O&M), Annual Maintenance Contracts (AMC), Module Cleaning as a Service (MCaaS), Regional Service Network, Spoke Warehouses, and Field Service Support.

Its product portfolio includes Unicorn Smart, an intelligent water-free solar panel cleaning robot; Shreem, a lightweight airwash robot designed for rooftop solar installations; Optima, a rail-mounted waterless cleaning robot permanently installed on solar arrays; and Asset Guard, an AI-powered surveillance robot for intelligent monitoring of solar assets. These robotic solutions are designed to improve solar panel performance, minimize water consumption, and enhance power generation efficiency.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹15.28	₹14.36	₹0.93	₹13.56
2025	₹21.90	₹20.00	₹1.39	₹22.09
2026	₹41.22	₹35.80	₹4.02	₹39.36

Company Promoter

Mr. Suraj Vernekar’D

Mrs. Roopa Vernekar

Mr. Nishith Rameshchandra Shah

Know before investing

• • Strengths

  Proprietary patented robotic solutions: The company has developed patented robotic technologies for automated solar panel cleaning. Its innovative solutions improve operational efficiency by minimizing water consumption and reducing reliance on manual cleaning processes.

  Integrated automation and maintenance platform: The company offers a comprehensive suite of robotic solutions supported by Operations & Maintenance (O&M) services, Annual Maintenance Contracts (AMC), Module Cleaning as a Service (MCaaS), field service support, and a regional service network. This integrated approach enables customers to efficiently manage the complete lifecycle of their solar assets.

• • Risks

  Exposure to environmental and climatic conditions: The demand for the company's robotic cleaning solutions is influenced by factors such as varying levels of dust accumulation, seasonal changes, and adverse weather conditions. Any significant fluctuations in these factors could affect customer demand and impact the company's business performance.

  Manufacturing and product reliability risk: The company faces risks related to the manufacturing process and quality assurance of its robotic products. Any failure to maintain product quality or the occurrence of defects could lead to customer claims, reputational harm, and reduced business opportunities.

Objects of the Issue & Utilisation of proceeds

Investment in Product Development

Funding Capital Expenditure towards Setting up of Manufacturing Facility through Purchase of Land and Civil Works.

To meet out the expenses for Working Capital to fund business growth.

General Corporate Purposes.

Company  Address

Aegeus Technologies Ltd.
No. 105, Harapanahalli Village,
Jigani Hobli Anekal Taluk,
Bangalore Urban, Karnataka, 560105
Phone: 8810209970
Email: surbhi.sharma@aegeus.in
Website: https://www.aegeustechnologies.com/

IPO Registrar

Skyline Financial Services Pvt. Ltd.
Phone: 011-26812682
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php