98  Total SME IPOs listed in 2025

4,313.53 Crs.  Total funds raised in 2025

67  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

98  Total SME IPOs listed in 2025

4,313.53 Crs.  Total funds raised in 2025

67  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

98  Total SME IPOs listed in 2025

4,313.53 Crs.  Total funds raised in 2025

67  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

98  Total SME IPOs listed in 2025

4313.53 Crs.  Total funds raised in 2,025.00

67  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

Topsun Energy IPO (Topsun Energy Limited IPO) Detail

Topsun Energy IPO is a Book Building IPO 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 open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : SME Upcoming
Exchange : BSE SME
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ Cr. Avg IPO Size (Sector Based) : ₹ 34.14 cr.
  • Sector: Solar SME IPO so far: 16
  • Merchant Banker: Interactive Financial SME IPO by BRLM so far: 23
  • City: Gandhinagar SME IPO so far: 3
  • Revenue (annualised): ₹ 186.95 cr.
            PAT: (annualised): ₹ 11.08 cr. Read Financial Information >>
  • PE Ratio: x Average Sector PE Ratio: 20.25x

Topsun Energy IPO Date

Date of DRHP:
24th June 2025
IPO Open Date:
[●]
IPO Close Date:
[●]
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
[●]

Topsun Energy IPO Info, Size, Subscription

Topsun Energy IPO size is ₹ [●] with IPO price of ₹ [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
[●]

Issue Price:
[●]

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
99.36 %

Post Issue Promoter Holding :
[●]

Topsun Energy IPO Information

Sub Sector : Renewable energy sector, specializing in system integration and EPC of Solar Power Plants,
Topsun Energy Limited is a diversified with over 15 years of experience in the renewable energy sector, specializing in system integration and EPC (Engineering, Procurement, and Commissioning) of Solar Power Plants, Solar Water Pumping Systems, Solar EV Charging Stations, and Agricultural Drones as a Service. Leveraging its extensive operational knowledge, the Company delivers sustainable solar solutions across Residential, Commercial & Industrial (C&I), Ground Mounted, and Government segments. While serving a broad spectrum of clients through turnkey solar projects, they are primarily focusing on government projects, participating actively in tenders, which currently form the major part of its revenue.

Object of Issue (Topsun Energy IPO Objectives)

  • Working Capital Requirements
  • General Corporate Purposes

Interactive Financial Services Limited is the book-running lead manager of the Topsun Energy IPO. Bigshare Services Private Limited is the Registrar for Topsun Energy IPO.

Topsun Energy IPO Market Maker

[●]

Topsun Energy IPO Registrar (RTA)

Bigshare Services Private Limited

Topsun Energy IPO Lead Manager (BRLM)

Interactive Financial Services Limited

Topsun Energy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Topsun Energy IPO?

Topsun Energy IPO, based in Gandhinagar, operates in the   Solar sector with a focus on Renewable energy sector, specializing in system integration and EPC of Solar Power Plants,. The company is launching its SME Upcoming IPO on the BSE SME exchange, using the Book Building Issue method. Topsun Energy IPO size is ₹ [●] with fresh issue size of ₹ [●] and Offer for sale being ₹ Nil

When is Topsun Energy IPO allotment?

The IPO allotment date for Topsun Energy IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Topsun Energy IPO allotment status on the registrars website, Bigshare Services Private Limited . Topsun Energy IPO refund dates are [●].

When is Topsun Energy IPO listing date?

Topsun Energy IPO is expected to be listed on [●].

What is the price band for Topsun Energy IPO?

The upper price band for the Topsun Energy IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Topsun Energy IPO Review?

For IPO analysis on Topsun Energy IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Topsun Energy IPO?

To apply for the Topsun Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Topsun Energy IPO is finalised.

Who is the merchant banker of Topsun Energy IPO?

The merchant banker for Topsun Energy IPO is Interactive Financial Services Limited . Interactive Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Topsun Energy IPO RHP for further details.

Who is the Registrar of Topsun Energy IPO?

The registrar for Topsun Energy IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Topsun Energy IPO through their official website or helpline.

What is the Topsun Energy IPO subscription?

Topsun Energy IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Topsun Energy IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Topsun Energy Financial Review Page

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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