Aegeus Technologies IPO: IPO Date, Price, Allotment Details

By Wealthova | Last Updated: August 4, 2026

Aegeus Technologies is hitting the BSE SME market with a ₹23.71 Crore public issue. As a pioneer in intelligent, waterless robotic cleaning solutions for solar power plants, the company is capturing significant attention in the green energy sector. But with a highly specialized business model, is this IPO actually worth your capital? Read on below for the complete investment timeline, lot size breakdown, and our final Smart Market Insights and verdict on whether you should apply.


Aegeus Technologies IPO Details

Feature Details
IPO Type BSE SME
IPO Opening Date August 4, 2026
IPO Closing Date August 6, 2026
IPO Issue Size Approx ₹23.71 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band ₹100 to ₹105 Per Share
Issue Type Book Built Issue
Retail Minimum Investment 2 Lots (2,400 Shares) – ₹2,52,000
Retail Maximum Investment 2 Lots (2,400 Shares) – ₹2,52,000




Aegeus Technologies IPO Timeline

IPO Open Date August 4, 2026
IPO Close Date August 6, 2026
Basis of Allotment August 7, 2026
Initiation of Refunds August 10, 2026
Credit to Demat Account August 10, 2026
BSE SME Listing Date August 11, 2026



About Aegeus Technologies: What Do They Do?

Incorporated in 2017, Aegeus Technologies is a Bengaluru-based engineering and green-tech company. They operate in a highly specialized, future-focused niche: they design and manufacture intelligent robotic cleaning systems for solar power plants.

When solar panels get covered in dust and dirt, they generate significantly less electricity. Traditionally, cleaning them required millions of liters of water and heavy manual labor. Aegeus solves this problem through automation.

Core Business Highlights:

  • Waterless Technology: Their flagship robotic systems (named Unicorn and Shreem) clean solar panels completely dry, saving massive amounts of water in dry, arid regions where solar farms are usually built.
  • Fully Automated: These robots use advanced software and sensors to run automatically, reducing the need for human labor at the power plants.
  • Cloud Monitored: Plant managers can monitor the cleaning progress and the health of the robots through a centralized, cloud-based dashboard.


Why is the Company Raising Funds? (Objects of the Issue)

Aegeus Technologies is raising ₹23.71 Crores through this completely fresh issue of shares. They are not simply cashing out; the management plans to use the IPO funds directly to grow the business.

The net proceeds from this IPO will be utilized for the following key objectives:

  • Manufacturing Expansion: Purchasing new machinery and equipment to scale up the in-house manufacturing of their robotic systems.
  • Research & Development (R&D): Funding the design and development of newer, more advanced robotic models for the renewable energy sector.
  • Working Capital: Covering the day-to-day operational costs required to fulfill larger orders and expand their market reach.
  • General Corporate Purposes: Standard business expenses and strategic growth initiatives.

💼 Working Capital 33.70%
🏛️ General Corporate 29.90%
🏗️ Capital Expenditure 24.20%
🚀 Product Development 12.10%



Company Financials

*All amounts are in ₹ Crores
📅 Period Ended 📈 Revenue 📉 Expense 💰 PAT 🏦 Assets
FY 2024 ₹15.28 ₹14.36 ₹0.93 ₹13.56
FY 2025 ₹21.90 ₹20.00 ₹1.39 ₹22.09
FY 2026 ₹41.22 ₹35.80 ₹4.02 ₹39.36



Aegeus Technologies IPO Key Performance Indicators (KPIs)

Financial KPI (FY2026) Value
Return on Equity (ROE) 29.93%
Return on Capital Employed (ROCE) 24.75%
EBITDA Margin 15.82%
PAT Margin 9.81%
Debt to Equity Ratio 0.77
Earnings Per Share (EPS) ₹6.57 (Basic)
Price/Earning (P/E) Ratio ~15.98x (at upper price band)



💡

Smart Market Insights

Wealthova Verdict: SUBSCRIBE FOR LONG TERM

Aegeus Technologies operates in a highly specialized, future-proof niche with its intelligent waterless robotic cleaning systems. Backed by robust financials—including a strong ROE of 29.93% and a PAT margin of 9.81%—the company is demonstrating solid growth. At the upper band, a P/E ratio of ~15.98x is reasonably priced and leaves room for potential listing gains.

  • The Bull Case: Innovative green-tech product, excellent ROCE (24.75%), and the funds are being actively deployed into R&D and manufacturing expansion.
  • The Bear Case: SME market liquidity constraints and high customer concentration risk in the solar sector.

Disclaimer: The information provided above is for educational and informational purposes only and does not constitute financial advice. SME IPOs are inherently highly volatile and carry significant liquidity risk. Wealthova is not a SEBI-registered investment advisor. Always consult with a certified financial planner and conduct your own due diligence before locking up capital in any public issue.



Aegeus Technologies IPO Key Contacts & Advisors

Role / Entity Contact & Details
📋 IPO Registrar Skyline Financial Services Pvt. Ltd.
🏢 Company Contact Aegeus Technologies Ltd.

No. 105, Harapanahalli Village, Jigani Hobli Anekal Taluk, Bangalore Urban, Karnataka, 560105

💼 Merchant Banker Turnaround Corporate Advisors Pvt. Ltd.



Frequently Asked Questions (FAQs)

What are the opening and closing dates for the Aegeus Technologies IPO?
The Aegeus Technologies IPO opens for subscription on August 4, 2026, and closes on August 6, 2026. The basis of allotment will be finalized on August 7, 2026, with the listing scheduled for August 11, 2026.
What is the minimum lot size and investment required for retail investors?
While the base lot size is set at 1,200 shares, retail investors are required to apply for a minimum of 2 lots (2,400 shares). At the upper price band of ₹105 per share, the minimum investment required is ₹2,52,000.
How can I check the allotment status for Aegeus Technologies IPO?
You can check your allotment status online starting August 7, 2026, by visiting the official portal of the registrar, Skyline Financial Services Pvt. Ltd., or directly on the official BSE website using your Application Number or PAN card details.
Where will the Aegeus Technologies IPO be listed?
Aegeus Technologies IPO is an SME issue and the shares will be listed on the BSE SME platform on August 11, 2026.
What is the total issue size and price band for the IPO?
The total issue size is approximately ₹23.71 Crores, consisting entirely of a fresh issue of equity shares. The price band for the IPO is set between ₹100 to ₹105 per share.
Who is the registrar and lead manager for this public issue?
Skyline Financial Services Pvt. Ltd. is acting as the official IPO Registrar, while Turnaround Corporate Advisors Pvt. Ltd. is managing the issue as the sole Lead Manager (Merchant Banker).