What is the primary business of Aegeus Technologies Limited?

Aegeus Technologies Limited designs and manufactures waterless robotic panel cleaning systems and intelligent automation solutions for solar energy plants, alongside offering Module Cleaning as a Service (MCaaS) and O&M contracts.

What is the issue size and price band for the Aegeus Technologies IPO?

The IPO issue size is ₹23.71 crore, consisting entirely of a fresh issue of 1,933,200 equity shares with a price band set between ₹100 and ₹105 per share.

How will Aegeus Technologies Limited utilize the IPO proceeds?

The proceeds will be utilized for setting up a new manufacturing facility via land purchase and civil works (₹5.74 Cr), working capital requirements (₹8.00 Cr), product development investment (₹2.86 Cr), and general corporate purposes.

What are the key financial performance trends for Aegeus Technologies Limited?

Revenue from operations grew from ₹15.27 Cr in FY24 to ₹21.89 Cr in FY25 and ₹40.94 Cr in FY26. Profit after tax (PAT) grew simultaneously from ₹0.93 Cr in FY24 to ₹1.39 Cr in FY25 and ₹4.02 Cr in FY26.

Where are Aegeus Technologies' products manufactured?

The company operates two leased manufacturing facilities located in Bengaluru, Karnataka, for the design, assembly, and testing of its robotic systems.

Which anchor investors participated in the Aegeus Technologies IPO?

The anchor allotment included Aarth AIF and M7 Global Fund PCC – Cell Dewcap Fund, who together were allotted 573,600 shares amounting to ₹6.02 crore.

What is the minimum investment lot size for retail investors?

The lot size is 1,200 shares, requiring a minimum investment of ₹2,400,000 for retail individual bidders at the upper price band of ₹105.

Is Aegeus Technologies stock good for long term?

Based on our AI analysis, Aegeus Technologies has a financial score of N/A/100 and a market potential score of N/A/100.

What is the lot size of Aegeus Technologies stock?

Use the ViewIPO Lot Size Calculator to instantly find the exact lot size and maximum investment limits for Retail, sHNI, and bHNI categories for Aegeus Technologies.

Aegeus Technologies Share Price & Stock Analysis

Name: Aegeus Technologies Stock
Brand: Aegeus Technologies
Rating: 3.8 (1 reviews)

Home›India›Aegeus Technologies ()

Aegeus TechnologiesNSE SME / BSE SME:

Analyzed by ViewIPO Financial Research Team

Solar Energy Technology & AutomationIndia•Filed 2026-08-04•Listed 2026-08-11•Size ₹24.07Cr

The total amount of money the company is trying to raise from the public through this IPO.

•Lot Size 1200

The minimum number of shares an investor must bid for in an IPO.

•Listing Price ₹117

The estimated or final price at which the shares will start trading on the stock exchange.

Listing Return

The percentage gain or loss on the listing day compared to the original IPO issue price.

₹12.00 (+11.43%)

Live Subscription

How many times the IPO has been demanded by investors. E.g., 10x means investors want 10 times more shares than available.

29.91x Total

Check Allotment

Status Link

Is Aegeus Technologies a Good Stock? Quick Verdict

Aegeus Technologies IPO scored 70/100 (Moderate Risk) in our deep analysis. The strongest pillar is Promoter/Management at 90/100, while Competition is the primary concern at 55/100. Aegeus Technologies Limited demonstrates rapid revenue expansion and high capital efficiency driven by patented waterless robotic cleaning technology, though working capital intensity and product concentration warrant monitoring.

Stock Score

70/100

Moderate Risk

Quick Verdict

Robust financial expansion with revenue scaling from ₹15.27 Cr in FY24 to ₹40.94 Cr in FY26 and PAT rising to ₹4.02 Cr.

Proprietary in-house robotic waterless cleaning technology backed by patents across India, US, China, KSA, and Australia.

Significant working capital demands and extended customer receivable cycles impacting operating liquidity.

High reliance on core product lines such as the Unicorn robotic cleaning platform for top-line performance.

Company Snapshot

Revenue (TTM)

Total money brought in by the company's operations before deducting any expenses.

₹40.94Cr↑ 87.03% YoY

Profitability

The company's total profit after all expenses, taxes, and costs have been deducted.

PositiveNet Income ₹4.02Cr

Gross Margin

The percentage of revenue remaining after subtracting the direct costs of producing the goods sold.

45.2%

Market Cap

The total value of all the company's shares combined. It shows the overall size of the company.

₹1.2CrAt upper band ₹105

Issue Size

The total amount of money the company is trying to raise from the public through this IPO.

₹24.07Cr

Industry

Solar Energy Technology & Automation

P/E Ratio

Price-to-Earnings. How much you pay for ₹1 of company profit. A high P/E might mean the stock is expensive.

24.8xValuation Multiple

Return on Equity

Return on Equity. Shows how efficiently the company generates profit using the shareholders' money.

29.93%Profitability

Debt to Equity

Shows how much debt the company has compared to its own funds. >1 means more debt than equity.

0.77xLeverage

EPS

Earnings Per Share. The portion of a company's profit allocated to each individual share of stock.

₹6.57Earnings Per Share

RoNW

Return on Net Worth. Similar to RoE, it measures the profitability against the net worth of the company.

29.93%Return on Net Worth

Risk Breakdown

Governance

Moderate

Financial

Excellent

Valuation

Moderate

Competition

Expensive

Dilution

Excellent

Promoter / Mgmt

Excellent

AI Summary

Aegeus Technologies Limited is a Bengaluru-headquartered automation and robotics company specializing in waterless cleaning solutions and integrated operations & maintenance (O&M) services for the solar energy sector. The company's proprietary product portfolio includes autonomous ground-mounted and rooftop robotic cleaners protected by patents across key global jurisdictions including India, the US, China, KSA, and Australia. Aegeus Technologies Limited has achieved rapid financial expansion, growing revenue from ₹15.27 crore in FY24 to ₹40.94 crore in FY26 while sustaining healthy return metrics with a Return on Net Worth of 29.93%. Proceeds from the fresh issue will primarily fund new manufacturing facility setup, R&D product development, and working capital needs to support continued business growth.

Overall Verdict: Aegeus Technologies Limited demonstrates rapid revenue expansion and high capital efficiency driven by patented waterless robotic cleaning technology, though working capital intensity and product concentration warrant monitoring.

Key Highlights

•Designs and manufactures autonomous waterless robotic cleaning systems for ground-mounted and rooftop solar installations.
•Operates two leased manufacturing, assembly, and testing facilities in Bengaluru, Karnataka.
•Offers a dual revenue model combining direct equipment sales with recurring Module Cleaning as a Service (MCaaS) and AMC contracts.
•Maintains an international intellectual property portfolio covering robotic motion control, sensor integration, and cleaning mechanisms.
•Reported an EBITDA margin of 15.82% and PAT margin of 9.81% for the fiscal year ended March 31, 2026.
•Net proceeds of ₹23.71 Cr will be allocated toward setting up a new manufacturing unit (₹5.74 Cr), working capital (₹8.00 Cr), and product development (₹2.86 Cr).

Financial Performance

Revenue (Annual)
Total money brought in by the company's operations before deducting any expenses.

↑ +87.0% YoY

INR in Crores

Net Income (Annual)
The company's total profit after all expenses, taxes, and costs have been deducted.

↑ +189.2% YoY

INR in Crores

Gross Margin (Annual)
The percentage of revenue left after paying for direct costs of goods sold over the year.

↑ +45.2% Delta

In Percentage

EBITDA vs PAT
Earnings Before Interest, Taxes, Depreciation, and Amortization. Shows pure operating performance.

EBITDA YoY

INR in Crores

EBITDA

PAT

Listing Timeline

IPO Opens2026-08-04

IPO Closes2026-08-06

Basis of Allotment2026-08-07

Refunds & Demat2026-08-08

Listing Date2026-08-11

Valuation Analysis

Issue Price₹105

Estimated Fair Value

The theoretical true worth of the company based on its financial performance and peers.

Pending Data

Valuation Premium

How much more expensive this IPO is compared to its estimated fair value or its industry peers.

Pending

vs Fair Value

Stock DNA

Growth

Evaluates the company's historical and projected revenue and profit expansion.

Governance

Assesses the quality, transparency, and track record of the company's management team.

Profitability

Measures how effectively the company turns its sales into actual profit.

Valuation

Analyzes whether the IPO price is cheap, fair, or expensive compared to peers.

Competition

Evaluates the company's market share, moats, and competitive threats in its industry.

Execution

Assesses the company's ability to successfully utilize IPO proceeds and deliver on its promises.

Pros vs Cons

Pros

Patented proprietary waterless solar panel cleaning technology protected in India, US, China, KSA, and Australia.
High operational profitability with a 29.93% Return on Net Worth and 24.75% ROCE in FY26.
Growing recurring service revenue through Module Cleaning as a Service (MCaaS) and Annual Maintenance Contracts.

Cons

Debt to equity ratio of 0.77x coupled with heavy reliance on external borrowings for working capital needs.
Working capital lockup driven by extended trade receivable recovery timelines.
Top-line growth remains highly concentrated on the flagship Unicorn series robotic solutions.

Financial Health

Revenue Growth

The year-over-year percentage increase in the company's total sales.

+87.0% YoY in FY26 (Excellent)

Debt Level

An assessment of whether the company's borrowing is manageable or risky.

Debt to Equity ratio at 0.77x (Good)

Cash & Equivalents

How much liquid cash the company has on hand to fund daily operations.

Undisclosed in summary (Moderate)

Institutional Signals

Anchor Investors

Large institutional investors who buy shares before the IPO opens to the public, signaling confidence.

Yes

VC Backing Tier

Whether renowned Venture Capital or Private Equity firms have invested in the company.

Tier-2

Founder Ownership

The percentage of the company still owned by its original founders after the IPO.

64.75%

Strategic Partners

Key business alliances that give the company a competitive edge.

Tier-2

Aegeus Technologies IPO Reddit Pulse & Sentiment

Real-time Reddit discussions & retail sentiment

No Public Data Available

We couldn't find any significant public discussions or retail sentiment threads for this IPO at the moment.

Disclaimer: These are raw community discussions aggregated from public forums. The AI summary and Reddit comments do not constitute financial advice. Always conduct your own independent research.

Aegeus Technologies Stock — Frequently Asked Questions

View Report

View All Active & Upcoming Stocks & IPOs View Stock & IPO Calendar

Market Terminology Explained

Confused by terms like GMP, Kostak, or Subject to Sauda? Read our detailed guides in the IPO Glossary to understand the terminology before you invest.

Grey Market Premium (GMP)Subject to Sauda ASBA Offer for Sale (OFS)

View Full Glossary

Source Citation: All financial data and risk metrics are derived from the official prospectus filed with the regulator (SEBI DRHP/RHP). ViewIPO algorithms process this public data for informational purposes. Not financial advice.

Want to analyze another stock or IPO?

Search any stock, IPO, company, ticker or filing and get instant AI-powered analysis.

Frequently Asked Questions about Aegeus Technologies

What is the expected listing price of Aegeus Technologies?

The expected listing price depends on the live Grey Market Premium. Check the live GMP and expected listing price for Aegeus Technologies on our Live GMP Tracker.

Aegeus Technologies Share Price & Stock Analysis

Quick Answers

Key Stock Information

ViewIPO AI Analysis Score

Frequently Asked Questions

What is the primary business of Aegeus Technologies Limited?

What is the issue size and price band for the Aegeus Technologies IPO?

How will Aegeus Technologies Limited utilize the IPO proceeds?

What are the key financial performance trends for Aegeus Technologies Limited?

Where are Aegeus Technologies' products manufactured?

Which anchor investors participated in the Aegeus Technologies IPO?

What is the minimum investment lot size for retail investors?

Aegeus TechnologiesNSE SME / BSE SME:

Is Aegeus Technologies a Good Stock? Quick Verdict

Quick Verdict

Company Snapshot

Risk Breakdown

AI Summary

Key Highlights

Financial Performance

Revenue (Annual) Total money brought in by the company's operations before deducting any expenses.

Net Income (Annual) The company's total profit after all expenses, taxes, and costs have been deducted.

Gross Margin (Annual) The percentage of revenue left after paying for direct costs of goods sold over the year.

EBITDA vs PAT Earnings Before Interest, Taxes, Depreciation, and Amortization. Shows pure operating performance.

Listing Timeline

Valuation Analysis

Stock DNA

Pros vs Cons

Pros

Cons

Financial Health

Institutional Signals

Aegeus Technologies IPO Reddit Pulse & Sentiment

No Public Data Available

Aegeus Technologies Stock — Frequently Asked Questions

Related Stock Reports

AceVector

German Green Steel and Power

Sai Urja Indo Ventures

Bench Mark Infotech

Himalayan Solar

Market Terminology Explained

Want to analyze another stock or IPO?

Frequently Asked Questions about Aegeus Technologies

Is Aegeus Technologies stock good for long term?

What is the lot size of Aegeus Technologies stock?

What is the expected listing price of Aegeus Technologies?

Revenue (Annual)
Total money brought in by the company's operations before deducting any expenses.

Net Income (Annual)
The company's total profit after all expenses, taxes, and costs have been deducted.

Gross Margin (Annual)
The percentage of revenue left after paying for direct costs of goods sold over the year.

EBITDA vs PAT
Earnings Before Interest, Taxes, Depreciation, and Amortization. Shows pure operating performance.