Cellcronic Technologies Ltd.
SMEPrice Range
TBA
Issue Size
TBA
Lot Size
1 Shares
Min. Investment
TBA
Financial Summary
(in crores)| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Operating Revenue | 2,591.96 | 1,711.52 |
| Other Income | 7.44 | 0 |
| Total Income | 2,599.4 | 1,711.52 |
| Total Expenses | 2,041.65 | 1,475.41 |
| Profit Before Tax | 521.8 | 196.51 |
| Total Profit | 361.21 | 141.73 |
Subscription Details
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Funding working capital requirement of our Company | 130 |
Promoters
Promoter Shareholding
Pre-IPO
100.00%
Promoter stake
Post-IPO
N/A
Promoter stake
Offered to Public
16,70,000
shares
About the Company
We are engaged in the business of providing solar power solutions in India under our brand name “Cellcronic,” with a primary focus on hybrid inverter systems and Lithium Iron Phosphate (“LFP”) batteries suitable for residential, institutional, and small commercial applications.Our primary product offering is an integrated hybrid solar inverter system delivered as a composite, installation-ready solution for end users. This system includes hybrid inverter, LFP battery, battery interconnects, DC changeover switch and protection box, bundled together or separately, designed to ensure hassle-free installation and desired performance.Our operations are supported by in-house assembly capabilities for select components, including protection boxes and battery interconnects. These internal capabilities enable us to maintain installation consistency, exercise quality control over critical components, and enhance the overall reliability and safety of systems installed at customer premises.
Use of Proceeds
1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company;2. Funding working capital requirement of our Company; 3. General Corporate Purposes