Photonics Watertech Ltd. IPO Details
Photonics Watertech was incorporated on April 22, 2011. The company provides end-to-end solutions in LED lighting, Solar EPC, water infrastructure, and automation for government, public sector, institutional, and private customers. Its services include design, manufacturing, installation, commissioning, operation and maintenance, along with smart infrastructure projects such as Smart Transport Nagar and EV charging infrastructure
| 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 |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 6.5 M | - | - | ₹100.0 M | DRHP DOC |
Photonics Watertech issue details
Photonics Watertech has 6.5 M shares on offer
Photonics Watertech IPO issue size is ₹ 100.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Photonics Watertech IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE |
Photonics Watertech NUMBER OF SHARES ON OFFER
Photonics Watertech 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 |
| 9MFY26 | 41.3 | 7.5 | -3.0 | -3.2 | 27.5% |
| FY25 | 95.8 | 9.7 | 3.0 | 1.1 | 15.2% |
| FY24 | 64.5 | 3.8 | 2.9 | 2.9 | 9.9% |
| FY23 | 51.5 | 2.9 | -0.5 | -0.7 | 9.0% |
Photonics Watertech INFORMATION ON IPO ISSUE
About Photonics Watertech
Photonics Watertech was incorporated on April 22, 2011. The company provides end-to-end solutions in LED lighting, Solar EPC, water infrastructure, and automation for government, public sector, institutional, and private customers. Its services include design, manufacturing, installation, commissioning, operation and maintenance, along with smart infrastructure projects such as Smart Transport Nagar and EV charging infrastructure
Object of the Issue
- Funding of capital expenditure for purchase of plant & machinery equipment’s
- To meet working capital requirements
- General corporate purpose
Photonics Watertech - PROMOTERS
| Name |
|---|
| Brijeshkumar Amrutlal Patel |
| Vasantkumar Narayanbhai Patel |
| Jayavik Hasmukbhai Patel |
Photonics Watertech - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Brijeshkumar Amrutlal Patel | Chairman & Managing Director |
| Vasantkumar Narayanbhai Patel | Whole Time Director |
| Jayavik Hasmukhbhai Patel | Whole Time Director |
| Urvish Vinodchandra Jardosh | Non-Executive Director |
| Jaya Bhardwaj | Non-Executive Director |
| Shivani Joshi | Non-Executive Director |
Photonics Watertech Book Running Lead Manager
Goldmine Stocks Private Limited
mb@goldmine.co.in
Valmiki Leela Capital Private Limited
photonics.ipo@valmikileela.com
Photonics Watertech Registrar to the Offer
KFin Technologies Limited
photonics.ipo@kfintech.com
Photonics Watertech Strengths
Diversified product portfolio
The company offers a diversified portfolio of LED lighting, Solar EPC, water infrastructure, and automation solutions, including EV charging, smart surveillance, and intelligent transport infrastructure. It delivers end-to-end EPC projects featuring advanced technologies such as CCTV, ANPR, RFID, IoT-based monitoring, and centralized control systems for government and industrial customers
Solar project expert
The company uses ALMM-approved, BIS-certified solar modules and partners with various government schemes to deliver solar and groundwater management projects. It also participates independently and through consortiums in tenders for solar irrigation, rooftop, ground-mounted, microgrid, and solar lighting projects
Market presence
The company has a diversified presence across most Indian states and has expanded into the Middle East, serving a broad customer base. Its wide geographic footprint strengthens market reach, diversifies revenue sources, and reduces regional concentration risk
Photonics Watertech Risks
Depend on govt orders
The company derives a significant portion of its revenue from LED lighting solutions and Solar EPC projects awarded by government, public sector, institutional, and private customers. Any decline in securing or executing these projects could adversely impact its revenue, cash flows, and financial performance
Raw material price fluctuations
The company is exposed to fluctuations in raw material prices and relies on third-party suppliers without long-term supply agreements. Any increase in input costs or disruption in timely procurement could impact margins, production schedules, customer relationships, and overall financial performance
Inventory management risks
The company's raw materials, components, and finished products are vulnerable to damage or contamination if not properly stored, handled, or processed. Such incidents could result in inventory losses, production disruptions, additional storage costs, and lower profitability, adversely impacting its business and financial performance
IPO FAQs
The promoters of the company are Brijeshkumar Amrutlal Patel, Vasantkumar Narayanbhai Patel and Jayavik Hasmukbhai Patel.
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%.