Sadbhav Futuretech Ltd. IPO Details
Sadbhav Futuretech was incorporated on June 05, 2020. The company is engaged in EPC of solar power projects, focusing on solar water pumping, rooftop, and ground-mounted systems. It has installed significant capacity and secured new contracts and orders, supporting future project execution and growth
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 25.5 M | - | - | ₹2,350.0 M | DRHP DOC |
Sadbhav Futuretech issue details
Sadbhav Futuretech has 25.5 M shares on offer
Sadbhav Futuretech IPO issue size is ₹ 2,350.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Sadbhav Futuretech IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Sadbhav Futuretech NUMBER OF SHARES ON OFFER
Sadbhav Futuretech FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 274.3 | 40.4 | -167.7 | -168.7 | 24.5% |
| FY25 | 302.1 | 30.8 | -110.0 | -110.2 | 17.5% |
| FY24 | 133.7 | 7.7 | -17.7 | -17.9 | 12.6% |
| FY23 | 73.0 | 0.8 | 6.3 | 6.3 | 5.3% |
Sadbhav Futuretech INFORMATION ON IPO ISSUE
About Sadbhav Futuretech
Sadbhav Futuretech was incorporated on June 05, 2020. The company is engaged in EPC of solar power projects, focusing on solar water pumping, rooftop, and ground-mounted systems. It has installed significant capacity and secured new contracts and orders, supporting future project execution and growth
Object of the Issue
- Funding working capital requirements of the company
- General corporate purposes
Sadbhav Futuretech - PROMOTERS
| Name |
|---|
| Saikat Roy |
| Bhupender Singh |
| Nilesh Jain |
| Neelam Jain |
| Samkit Jain |
| Bettericon Consultancy Private Limited |
Sadbhav Futuretech - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Saikat Roy | Chairman & Managing Director |
| Bhupender Singh | Executive Director |
| Nilesh Jain | Executive Director |
| Rekha Malu | Independent Director |
| Manoj Vaish | Independent Director |
| Sanjeev Jain | Independent Director |
Sadbhav Futuretech Book Running Lead Manager
Beeline Capital Advisors Private Limited
mb@beelinemb.com
Sadbhav Futuretech Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Sadbhav Futuretech Strengths
Integrated capabilities
The company commenced operations in 2020 with solar water pumping systems and later expanded into rooftop and ground-mounted solar projects. Its execution planning, procurement scale, and inventory management enable efficient coordination between material availability and project timelines
Bidding capabilities
The company has a strong track record of securing solar projects through competitive bidding with government agencies and PSUs, which form a significant portion of its order book. Its growth is supported by government initiatives promoting solar adoption, particularly in rooftop systems and solar water pumping
Geographical presence
The company has executed solar projects across multiple states in India, building a diversified geographical presence and participating in regional tenders. Its EPC work for private clients helps expand into new markets, develop local expertise, and reduce bidding and working capital risks
Sadbhav Futuretech Risks
Depend on installation partners
The company relies on installation partners for execution of solar projects, making their performance critical to timely and quality delivery. Any inability to effectively manage or expand this network may adversely impact project execution and operations
Competition
The company operates in a highly competitive and fragmented solar EPC industry, facing pressure from both local players and well-capitalized competitors. Intense competition and pricing pressures may impact its ability to secure projects, affecting margins, market share, and growth prospects
Bank guarantee risks
The company’s ability to maintain quality and provide performance guarantees is critical to securing and executing EPC projects. Any inability to furnish such guarantees or meet obligations may limit new contracts and adversely impact its operations and financial performance
IPO FAQs
The promoters of the company are Saikat Roy, Bhupender Singh, Nilesh Jain, Neelam Jain, Samkit Jain and Bettericon Consultancy Private Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.