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Cellcronic Technologies Ltd.

SMEBSE
unknown

TBA

TBA

1 Shares

TBA

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2024-25FY 2023-24
2,591.961,711.52
7.440
2,599.41,711.52
2,041.651,475.41
521.8196.51
361.21141.73

Subscription Details

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IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

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Use of Proceeds

#PurposeAmount (₹ Million)
1Repayment/ prepayment, in full or in part, of certain outstanding 110
2Funding working capital requirement of our Company130

Promoters

Ravinder MandhanDeepak KumarAnjali Sheoran

Book Running Lead Managers

Indcap Advisors Pvt Ltd.

Promoter Shareholding

Pre-IPO

100.00%

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

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