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Topsun Energy
IPO is a SME Upcoming IPO coming on
BSE SME with an
IPO
size of
[●]
.
This IPO falls under the
Solar sector, which has seen
16 IPOs
to date. Key sector metrics such as average PE ratio, IPO size, EBITDA margin, and
PAT margin are compared below with the figures from the
Topsun Energy
IPO.
Topsun Energy IPO Peer Comparison with key metrics mentioned in the DRHP.
| Company Name | CMP | EPS | P/E Ratio | RoNW (%) | NAV | Face Value | Revenue from Operations | Total Income |
|---|---|---|---|---|---|---|---|---|
| Topsun Energy Limited | 7.39 | 21.69 | 22.71 | 10 | 140.21 | 141.02 | ||
| Trom Industries Limited | 123.9 | 8.82 | 14.05 | 46.54 | 18.91 | 10 | 54.35 | 54.55 |
| Zodiac Energy Limited | 488.1 | 7.5 | 65.08 | 23.06 | 32.51 | 10 | 220.06 | 221.03 |
*CMP as on June 06, 2025
** CMP of the company is considered as an Issue Price.
# Amount taken from Restated Financials as on March 31, 2024, Source: https://www.bseindia.com and https://www.nseindia.com
a. Considering the nature and size of the business of the Company the peers are not strictly comparable. However, above company is included for broad comparison
b. The figures for Topsun Energy Limited are based on the restated standalone financial statements for the year ended December 31, 2024.
c. The figures are based on the Standalone financial statements for the year ended March 31, 2024 of Trom Industries Limited and Zodiac Energy Limited from the Annual reports of the Companies available from the website of the Stock Exchange and website of the Companies.
d. CMP of the peer group is as per the closing price as available on https://www.bseindia.com and https://www.nseindia.com
e. P/E Ratio for the peer has been computed based on the closing market price of respective equity shares as on June 06, 2025 sourced from website of Stock Exchange as divided by the Basic/diluted EPS as applicable.
You can do performance analysis for Topsun Energy IPO with Listed IPOs in the Solar sector and review their IPO performance based on Merchant banker, Listing price, IPO Valuation and other metrics.
This IPO report captures the post-listing performance of IPOs in the Solar sector, featuring key metrics like offer price, listing gain, and CMP to help investors assess return potential and sector sentiment.
| NAME | OFFER PRICE | LISTING PRICE | LISTING GAIN | CMP | CMP % |
|---|---|---|---|---|---|
|
Solarium Green
IPO
Financial Report >> |
₹ 191.00 | ₹ 202.00 | 5.76% | ₹ 454.50 | 138% |
|
Trom Industries
IPO
Financial Report >> |
₹ 115.00 | ₹ 218.50 | 90.00% | ₹ 101.40 | -12% |
|
Sahaj Solar
IPO
Financial Report >> |
₹ 180.00 | ₹ 359.10 | 99.50% | ₹ 263.55 | 46% |
|
GP Eco
IPO
Financial Report >> |
₹ 94.00 | ₹ 393.75 | 318.88% | ₹ 453.10 | 382% |
|
Alpex Solar
IPO
Financial Report >> |
₹ 115.00 | ₹ 345.45 | 200.39% | ₹ 1066.50 | 827% |
|
Australian Premium
IPO
Financial Report >> |
₹ 54.00 | ₹ 147.00 | 172.22% | ₹ 528.70 | 879% |
|
Oriana Power
IPO
Financial Report >> |
₹ 118.00 | ₹ 317.10 | 168.73% | ₹ 2145.35 | 1718% |
|
Ahasolar Technologies
IPO
Financial Report >> |
₹ 157.00 | ₹ 213.15 | 35.76% | ₹ 113.15 | -28% |
|
Insolation Energy
IPO
Financial Report >> |
₹ 38.00 | ₹ 79.90 | 110.26% | ₹ 262.15 | 590% |
|
Agni Green
IPO
Financial Report >> |
₹ 10.00 | ₹ 26.25 | 162.50% | ₹ 27.90 | 179% |
|
Gensol Engineering
IPO
Financial Report >> |
₹ 83.00 | ₹ 86.25 | 3.92% | ₹ 48.98 | -41% |
|
K.P.I. Global
IPO
Financial Report >> |
₹ 80.00 | ₹ 81.30 | 1.62% | ₹ 513.25 | 1183% |
|
Bright Solar
IPO
Financial Report >> |
₹ 36.00 | ₹ 37.25 | 3.47% | ₹ 2.80 | -92% |
|
Waa Solar
IPO
Financial Report >> |
₹ 161.00 | ₹ 153.15 | -4.88% | ₹ 81.44 | -49% |
|
Taylormade Renewables
IPO
Financial Report >> |
₹ 35.00 | ₹ 37.80 | 8.00% | ₹ 268.85 | 668% |
|
Solex Energy
IPO
Financial Report >> |
₹ 52.00 | ₹ 51.20 | -1.54% | ₹ 1292.60 | 2386% |
Topsun Energy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
The peers of
Topsun Energy ,
include other listed companies operating in the
(Solar) segment. These peer companies typically
offer similar services Some of the notable peers as per the DRHP of this company
are
Topsun Energy Limited ,
Trom Industries Limited ,
Zodiac Energy Limited ,
.
See the complete list of
current IPO
Peer Comparison is the method of evaluating an entity by comparing its performance, size of business form other entities operating in same industry or sector. It involves financial analysis bycomparing key financial metrics like Profitability, Net worth, Market Capitalization and Leverage. Peer comparison is beneficial for investors to make informed investment decisions and to identify any potential risks. IPO Performance tracker
Peer comparison helps to identify companies in the same sector with a similar business. It helps to compare the financial performance and valuation against its listed peers. An investor or an analyst can decide whether the IPO price is justified when compared to its peers. An investor can make informed decision whether to apply to IPO or not on basis of peer comparison. Know the process of DRHP and Peer companies Information required to be disclosed in DRHP.
As of now 16 SME IPOs are listed in this sector indicating strong growth in this sector. Choosing the best IPO depends on factors like, financial performance, valuation, market trends and future growth plans. IPO Review and performance.
A good PE Ratio for Solar sector depends on various factors like, performance of the company, market conditions, company valuation and IPO Size. PE Ratio varies from sector to sector and company to company. Know the average PE Multiple in each sector.
Currently 16 companies are listed under Solar sector. Based on the latest data from the Stock Exchanges. Choose the Best Merchant Banker from the Merchant Banker List
Performance of companies depends on various factors like, profits, future plans, Market share, PE Ratio etc. By assessing these factors investor can make better investment decisions.Topsun Energy Peer comparison provides IPO analysis of companies listed in this sector, on the basis of different Key performance indicators (KPI)like, Listing Gain of peers, current market price, PE Ratio and IPO Size.
Upcoming IPO refers to companies which have filed their DRHP with the Stock exchange and are awaiting approval from NSE Emerge or BSE SME. 9 companies have filed their DRHP for SME IPO under Solar sector. .New IPO 2025-2026 and Upcoming IPO
PE Multiple is a metrics that is widely used for IPO Valuation. Merchant bankers in coordination with the company decides the PE Multiple.The PE Multiple depends on various factors and it should be analyzed in coordination with other financial metrics. Know the PE ratio of your company with PE Calculator provided by IPOplatform
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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