Super Specialty File for IPOs with Prozel Green Energy, Gujarat Kidney and SEBI

Prozel Green Energy and Gujarat Kidney and Super Specialty Limited have filed their draft red herring prospectus (DRHPS) with the Securities and Exchange Board India for India (SEBI) to increase capital through the initial Public Ings Furings (IPO).

Problem Green Energy Raza IPO

Prozel Green Energy, India’s fourth largest solar engineering, procurement and construction (EPC) FY 24, paying Rs. 700 crore is to be raised. In this issue, Rs. 350 crore fresh equity sales and promoters and existing investors Rs. 350 crore sales (OFS)

The company plans to use income for long -term working capital, investments in subsidiaries for debt payments and general corporate purposes. Lead managers running a book for this issue are Nuwama Wealth Management and SBI Capital Markets.

Prozel Turnkey specializes in solar energy solutions, mainly catering to commercial and industrial dysfunction customers. Its portfolio consists of 182 solar projects with a total of 783.98 MW in India and Nepal. As of September 30, 2024, its order book was mainly Rs 2,220.92 crore in ground-mounted solar power projects.

The company has registered a strong financial growth, with Rs. 287 crore has increased to Rs 949 crore in FY 24, which is at a combined annual growth rate (CAGR) of 81.77%. Net profit has increased from 10 million to 92 crore in the same period.

Gujarat Kidney and Super Specialty IPO

Regional Healthcare Chain Gujarat Kidney and Super Specialty Limited have filed for IPOs with a new issue of 2.2 million shares.

The purpose of the hospital chain is to set up Parekhs Hospital in Ahmedabad, 12.4 crore for partial full purchase of Ashwini Medical Center and Rs. The allocation of .25 crore is to be allocated. In addition, Rs. 7.3 crore will be used to receive robotic equipment, and Rs. 1.5 crore will go towards payment and potential acquisition.

The company currently operates six multi-specialty hospitals in Gujarat, with a total capacity of 400 beds. He paid Rs. In the financial year 24, Rs 34.01 crore has increased from Rs. 41.04 crores, while the post -tax profit is Rs. It has increased from 2.8 crore to 4.34 crore.

Nirbhaya Capital Services is the lead manager running the only book for IPOs, with equity shares proposed to be listed on NSE and BSE.

Also read | IPO Calendar: Begin FY 26 with no new issues this week, but 4 to view the list

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