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Natraj Energy Ltd.

SMENSE
unknown

TBA

TBA

1 Shares

TBA

₹5

Financial Summary

Financial data not available

Subscription Details

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IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

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TBA

Use of Proceeds

#PurposeAmount (₹ Million)
1Repayment and/or pre-payment, in full or part, of certain 80
2Funding capital expenditure requirement of our company 61.159
3To meet working capital requirements 140

Promoters

Durgesh Chandra GuptaAnupam VarshneyDivya Gupta

Book Running Lead Managers

Corporate Professionals Capital Pvt Ltd.

Promoter Shareholding

Pre-IPO

95.98%

Promoter stake

Offered to Public

43,00,800

shares

IPO Registrar

Maashitla Securities Pvt Ltd.

About the Company

We are engaged in the manufacturing of lead-acid batteries, which are used across solar power applications, inverters and automobiles. The battery we manufacture is the same across these applications; it is only configured differently, in terms of voltage, capacity and casing, to suit the intended use. Our lead-acid batteries are used as tractor batteries in the automobile segment, as inverter batteries for power backup applications, and as part of our solar power generating systems. We also assemble and sell solar power generating systems, comprising off-grid, on-grid and hybrid systems. Our off-grid systems are powered by battery storage and operate independent of grid supply, our on-grid systems do not use batteries and export surplus solar energy back to the grid, and our hybrid systems combine grid-tied operation with battery backup. In addition to our own manufacturing, we undertake contract manufacturing for third parties, pursuant to which we manufacture batteries at our facility in accordance with specifications provided by such third parties, with products sold under the relevant third party's brand rather than our own. We are also engaged in trading of batteries, including lithium batteries or solar based appliances, and related components sourced from other manufacturers.

Use of Proceeds

1) Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company. 2) Funding capital expenditure requirement of our company towards purchase of Machineries. 3) To meet working capital requirements 4) General Corporate Purposes.

Natraj Energy Ltd. Latest News

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IPO FAQs

The for the Natraj Energy Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.