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Topsun Energy IPO is a Book Building listing on BSE SME exchange, with an ipo size of ₹ [●] Cr. The company is based in Gandhinagar and caters to Solar sector. Interactive Financial Services is the merchant banker of Topsun Energy IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th June 2025.
Topsun Energy IPO posted revenues of ₹ 186.95 crores and PAT of ₹ 11.08 crores in FY25 on annualised basis.
Revenue:
₹ 186.95 Cr.
EBITDA Margin:
12.05
% 
Net Worth: ₹ 38.32 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: [●]
Financial results of Topsun Energy IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Dec-24 | FY24 | FY23 | FY22 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 134.36 | 104.53 | 61.11 | 69.40 | |
| Net Worth | 38.32 | 30.01 | 26.90 | 29.13 | |
| Total Debt | 48.40 | 45.78 | 27.89 | 25.52 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
140.21
186.95 |
105.12 | 66.22 | 93.06 | |
EBITDA
EBITDA on annualised basis |
16.89
22.52 |
8.97 | 0.85 | 5.01 | |
PAT
PAT on annualised basis |
8.31
11.08 |
3.11 | -2.24 | 0.55 | |
Topsun Energy IPO PAT Margin is 5.93 % , ROCE (Return on Capital Employed) is 19.74 % as per latest financial. The below table shows Topsun Energy IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Dec-24 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| EBITDA Margin (%) | 12.05 | 8.53 | 1.28 | 5.38 |
| PAT Margin (%) | 5.93 | 2.96 | -3.38 | 0.59 |
| EPS (₹) | 6.57 | 1.84 | -1.32 | 0.33 |
| ROE (%) | 21.69 | 10.36 | -8.33 | 1.89 |
| ROCE (%) | 19.74 | 10.89 | -0.59 | 7.21 |
| ROA (%) | 6.18 | 2.98 | -3.67 | 0.79 |
| Debt to Equity | 1.26 | 1.53 | 1.04 | 0.88 |
The market Capitalisation of Topsun Energy IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Topsun Energy IPO prospectus highlights an Return on Equity (ROE) of 21.69 % , Return on Assets (ROA) of 6.18 %, and an EBITDA Margin of 12.05 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Topsun Energy IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Topsun Energy IPO is ₹ [●] Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Topsun Energy IPO has a Price-to-Earnings (PE) ratio of [●], indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Topsun Energy IPO reported revenue of ₹ 186.95 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Topsun Energy IPO provide insights into sales growth, market demand, and business scalability.
Topsun Energy recorded an EBITDA of ₹ 22.52 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Topsun Energy Profit After Tax (PAT) is ₹ 11.08 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 186.95 Cr.
EBITDA Margin:
12.05
%
Net Worth: ₹ 38.32 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: [●]
Topsun Energy operates in Solar and Renewable Energy Sector, Specializing In System Integration And EPC Of Solar Power Plants,. The Issue is listed on BSE SME in Jul, 2025. Topsun Energy IPO size was with Issue price of .
Merchant Banker(s) of Topsun Energy IPO: Interactive Financial Services Limited
Topsun Energy IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Topsun Energy IPO listed at a listing price of against the offer price of .
The current market price of Topsun Energy is .
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