TBA · NSE · Renewable Energy
Cosmic PV Power IPO is scheduled to open soon . The Mainboard IPO has a price band of TBA , with a minimum lot size of TBA . .
Cosmic PV Power IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | TBA |
| IPO Close Date | TBA |
| Basis of Allotment | TBA |
| Initiation of Refunds | TBA |
| Credit of Shares to Demat | TBA |
| Listing Date | TBA |
Issue Size
₹640.00 Cr
Issue Price
[.]
Face Value
₹10/share
Market Lot
[.]
Retail Min Investment
[.]
Listing At
NSE
Sale Type
both
Fresh Issue
₹540 Cr
Offer for Sale
₹100 Cr
Issue Type
book building
Open Date
TBA
Close Date
TBA
Allotment
TBA
Listing
TBA
No snapshot available yet.
Jenishkumar Deepakkumar Ghael, Shravan Kumar Gupta, Surabhi Sureshchandra Sahu, and Maitry Jenishkumar Ghael are the promoters of the Company.
Cosmic PV Power is a Surat-based solar company. They make PV modules and do EPC work — design, procurement, installation, the whole chain. They started in 2021 with 100 MW of manufacturing capacity. They're now at 3 GW. That's a lot of growth in a short time, and it didn't happen by accident.
Their panels range from 420 Wp to 750 Wp, made on automated lines. They're on the government's ALMM-I list, which is essentially a prerequisite for bidding on public sector solar projects. As of February 2026, their confirmed order book is 2,643 MW — which gives reasonable visibility into near-term revenue.
They also run a subsidiary, Cosmic Greentech, that manufactures aluminum frames. It's an unglamorous part of the business, but it cuts out a supplier dependency on a component every panel requires.
The IPO earmarks roughly ₹497 crore for a new facility in Narmadapuram, Madhya Pradesh. Right now they serve 661 customers across 13 states, mostly in Gujarat. They're clearly trying to move beyond their home market.
India's 500 GW non-fossil energy target for 2030 is the obvious backdrop here. Whether that ambition fully materializes is a separate question, but domestic manufacturers with ALMM certification are in a reasonable position to benefit from whatever does get built.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 48.22 | 100.34 | 246.29 |
| Profit After Tax (PAT) | 1.84 | 6.58 | 24.44 |
| EBITDA | - | - | - |
| Total Assets | 25.03 | 74.66 | 211.85 |
| Net Worth | 2.5 | 11.23 | 70.35 |
| Reserves & Surplus | 2.17 | 10.81 | 68.63 |
| Total Borrowing | 14.15 | 22.84 | 85.34 |
Revenue & Profit Trend
The allotment date for Cosmic PV Power IPO will be announced after the subscription closes. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Cosmic PV Power IPO dates are coming soon. The subscription dates will be announced officially by the company and updated here once finalized.
The price band for Cosmic PV Power IPO is yet to be announced.
As per market sources, Cosmic PV Power IPO GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Cosmic PV Power IPO is being updated. Check the latest subscription figures by category (Retail, QIB, NII) for real-time updates.
The listing date for Cosmic PV Power IPO is yet to be announced and will be updated once finalized.
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