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.
| 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 |
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.
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:
| 📅 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 |
| 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) |
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.
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.
| Role / Entity | Contact & Details |
|---|---|
| 📋 IPO Registrar |
Skyline Financial Services Pvt. Ltd.
Phone: 011-26812682
Email: ipo@skylinerta.com
Website: skylinerta.com/ipo
|
| 🏢 Company Contact |
Aegeus Technologies Ltd.
No. 105, Harapanahalli Village, Jigani Hobli Anekal Taluk, Bangalore Urban, Karnataka, 560105
Phone: 8810209970
Email: surbhi.sharma@aegeus.in
Website: aegeustechnologies.com
|
| 💼 Merchant Banker | Turnaround Corporate Advisors Pvt. Ltd. |