Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Photonics Watertech Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on June 30, 2026 to raise funds through Initial Public Offer (IPO).
Photonics Watertech Ltd. IPO is a Book Build Issue consisting of fresh issue of upto 0.65 crore equity shares and an offer for sale (OFS) of ₹10.00 crores
The equity shares are proposed to be listed on the NSE SME. Goldmine Stocks Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Photonics Watertech IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Fresh Issue | 65,00,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | [.] shares of ₹10 (agg. up to ₹10 Cr) |
| Share Holding Pre Issue | 1,80,45,500 shares |
| Share Holding Post Issue | 2,45,45,500 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Jun 30, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in 2011, Photonics Watertech Ltd. provides end-to-end infrastructure and technology solutions for government and private sector customers. Its operations are primarily focused on four key business segments: LED Lighting Solutions, Solar EPC, Water Infrastructure, and Automation.
Competitive Strengths:
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 68.96 | 61.47 | 58.01 | 50.59 |
| Total Income | 41.69 | 96.38 | 64.89 | 52.10 |
| Profit After Tax | 7.53 | 9.66 | 3.79 | 2.88 |
| EBITDA | 11.36 | 14.60 | 6.38 | 4.66 |
| NET Worth | 33.08 | 25.55 | 15.89 | 12.10 |
| Reserves and Surplus | 24.06 | 16.53 | 6.87 | 3.08 |
| Total Borrowing | 15.15 | 12.88 | 14.34 | 11.60 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Accord Transformer & Switchgear Ltd. | SME | ₹25.59 Cr | ₹46 | 11.41 | ₹52.50 | +14.13% | ₹54.23 (-2.71%) |
| Avana Electrosystems Ltd. | SME | ₹35.22 Cr | ₹59 | 12.4 | ₹80.30 | +36.10% | ₹152.50 (+4.45%) |
| Powerica Ltd. | Mainboard | ₹1,100.00 Cr | ₹395 | 24.45 | ₹390.00 | -1.27% | ₹572.65 (-2.97%) |
| Atlanta Electricals Ltd. | Mainboard | ₹687.34 Cr | ₹754 | 46.33 | ₹823.35 | +9.20% | ₹1,698.30 (-2.63%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure for purchase of Plant & Machinery Equipment | 7.00 |
| 2 | To Meet Working Capital Requirements | 45.00 |
| 3 | General Corporate Purpose | |
| Total | 52.00 |
| KPI | Dec 31, 2005 | Mar 31, 2005 |
|---|---|---|
| ROE | 25.68% | 46.63% |
| ROCE | 26.65% | 43.58% |
| Debt/Equity | 0.46 | 0.50 |
| RoNW | 22.76% | 37.81% |
| PAT Margin | 18.21% | 10.09% |
| EBITDA Margin | 27.47% | 15.24% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.35 | 4.09 |
| Promoter Holding | 100% |
Lead Manager Reports
Photonics Watertech IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Photonics Watertech IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Photonics Watertech IPO using UPI as a payment gateway. Zerodha customers can apply in Photonics Watertech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Photonics Watertech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Photonics Watertech IPO dates are not announced. Please check back again after some time.
Photonics Watertech IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Photonics Watertech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Photonics Watertech IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Photonics Watertech IPO allotment status.
The Photonics Watertech IPO listing date is not yet announced. The tentative date of listing is .
