131  Total SME IPOs listed in 2025

6,147.85 Crs.  Total funds raised in 2025

93  SME IPOs listed with Gain in 2025

38  SME IPOs listed with loss in 2025

131  Total SME IPOs listed in 2025

6,147.85 Crs.  Total funds raised in 2025

93  SME IPOs listed with Gain in 2025

38  SME IPOs listed with loss in 2025

131  Total SME IPOs listed in 2025

6,147.85 Crs.  Total funds raised in 2025

93  SME IPOs listed with Gain in 2025

38  SME IPOs listed with loss in 2025

131  Total SME IPOs listed in 2025

6147.85 Crs.  Total funds raised in 2,025.00

93  SME IPOs listed with Gain in 2025

38  SME IPOs listed with loss in 2025

JJ PV Solar Limited IPO Peer Comparison

JJ PV Solar 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 17 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 JJ PV Solar IPO.

JJ PV Solar
IPO Details


IPO Industry -
Solar

IPOs So Far: 17

Issue Size (IPO)

[●]

Total Fund Raised

₹ 596.29 Cr.

Average Issue Size

₹ 35.08 Cr.

PE Ratio (IPO)

[●] x

Average PE Ratio

19.91 x

EBITDA Margin (IPO)

10.32 %

Average EBITDA Margin

18.81 %

PAT Margin (IPO)

7.03 %

Average PAT Margin

7.27 %

JJ PV Solar
IPO Details

IPO Industry

Solar

IPOs So Far 17


IPO Fund Raised

[●]

Total Fund Raised

₹ 596.29 Cr.

Average Fund Raised

₹ 35.08 Cr.

IPO PE Ratio

[●] x

IPO EBITDA

10.32 %

IPO PAT

7.03 %

Average PE Ratio

19.91 x

Average EBIDTA

18.81 %

Average PAT

7.27 %

Peer Companies of JJ PV IPO as Per DRHP

JJ PV Solar IPO Peer Comparison with key metrics mentioned in the DRHP.

Company Name
Type
Diluted EPS
FV
PE
RoNW %
NAV
CMP
Revenue
Consolidated
8.50
10
47.63
17.84
211.58
Standalone
13.27
10
29.76
20.68
63.97
394.45
407.77
Consolidated
11.65
10
20.46
13.14
67.85
238.35
230.07
Consolidated
13.14
10
23.73
14.73
82.71
311.75
218.01
Company Name Type Diluted EPS FV PE RoNW % NAV CMP Revenue
JJ PV Solar Limited Consolidated 8.50 10 47.63 17.84 211.58
Zodiac Energy Limited Standalone 13.27 10 29.76 20.68 63.97 394.45 407.77
Solarium Green Energy Limited Consolidated 11.65 10 20.46 13.14 67.85 238.35 230.07
Ganesh Green Bharat Limited Consolidated 13.14 10 23.73 14.73 82.71 311.75 218.01
Notes
  • Closing price on March 28, 2025 on NSE and BSE has been taken as the Current Market Price (CMP).
  • P/E Ratio has been computed based on the closing market price of equity shares on NSE and BSE divided by the Diluted EPS.
  • Return on Net Worth (RoNW) is computed as Net Profit after Tax divided by the Closing Net Worth. Net Worth has been computed as sum of Share Capital and Reserves and Surplus.
  • Net asset Value (NAV) is computed as the closing Net Worth divided by the closing outstanding number of equity shares.
  • The face value of Equity Shares of the Company is ₹ 10/- per Equity Share and the Issue price is [●] times the face value of equity share.

Source: All the financial information for listed industry peers mentioned above is on Consolidated and Standalone basis, as applicable,sourced from the Annual Reports/ financial results as available of the respective company for the financial year ended March 31, 2025 uploaded on the website of stock exchanges.

Peer Comparison of JJ PV IPO in This Sector

You can do performance analysis for JJ PV IPO with Listed IPOs in the Solar sector and review their IPO performance based on Merchant banker, Listing price, IPO Valuation and other metrics.

Select Listed IPO for Comparison:
Basis
JJ PV IPO
vs
vs
vs

IPO Date
[●]


IPO Size
[●]

Total Assets
₹ 75.97 Cr.

Revenue
₹ 211.58 Cr.

PAT
₹ 14.87 Cr.

PAT Margin
7.03 %

Leverage Ratio
0.30 x

PE Multiple
[●] x

EV/EBITDA
0.39 x

Notes:
1) All the above data is at the time of IPO
2) Revenue and Pat is taken on annualised basis

IPO Performance Report of Solar Sector

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 %
Smarten Power IPO
Financial Report >>
₹ 100.00 ₹ 144.00 44.00% ₹ 117 17%
Solarium Green IPO
Financial Report >>
₹ 191.00 ₹ 202.00 5.76% ₹ 343 79%
Trom Industries IPO
Financial Report >>
₹ 115.00 ₹ 218.50 90.00% ₹ 96 -17%
Sahaj Solar IPO
Financial Report >>
₹ 180.00 ₹ 359.10 99.50% ₹ 235 31%
GP Eco IPO
Financial Report >>
₹ 94.00 ₹ 393.75 318.88% ₹ 585 523%
Alpex Solar IPO
Financial Report >>
₹ 115.00 ₹ 345.45 200.39% ₹ 1,247 985%
Australian Premium IPO
Financial Report >>
₹ 54.00 ₹ 147.00 172.22% ₹ 510 845%
Oriana Power IPO
Financial Report >>
₹ 118.00 ₹ 317.10 168.73% ₹ 2,190 1756%
Ahasolar Technologies IPO
Financial Report >>
₹ 157.00 ₹ 213.15 35.76% ₹ 102 -35%
Insolation Energy IPO
Financial Report >>
₹ 38.00 ₹ 79.90 110.26% ₹ 223 487%
Agni Green IPO
Financial Report >>
₹ 10.00 ₹ 26.25 162.50% ₹ 20 103%
Gensol Engineering IPO
Financial Report >>
₹ 83.00 ₹ 86.25 3.92% ₹ 49 -41%
K.P.I. Global IPO
Financial Report >>
₹ 80.00 ₹ 81.30 1.62% ₹ 513 1182%
Bright Solar IPO
Financial Report >>
₹ 36.00 ₹ 37.25 3.47% ₹ 3 -92%
Waa Solar IPO
Financial Report >>
₹ 161.00 ₹ 153.15 -4.88% ₹ 68 -58%
Taylormade Renewables IPO
Financial Report >>
₹ 35.00 ₹ 37.80 8.00% ₹ 224 540%
Solex Energy IPO
Financial Report >>
₹ 52.00 ₹ 51.20 -1.54% ₹ 1,263 2329%

Sector wise SME IPO Performance Report Available >>

JJ PV Solar IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

Listed Peers IPO Details

JJ PV Solar Limited
[●]
IPO Size : [●]
Zodiac Energy Limited
5th December 2017
IPO Size : 10.14 Cr.
Solarium Green Energy Limited
13th February 2025
IPO Size : 105.04 Cr.
Ganesh Green Bharat Limited
12th July 2024
IPO Size : 125.23 Cr.
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Explore Other DRHPs

Smarten Power Systems Limited

  Solar

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Solarium Green Energy Limited

  Solar

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Trom Industries Limited

  Solar

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GP Eco Solutions India Limited

  Solar

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FAQs of JJ PV IPO

Who are the peers of JJ PV Solar IPO?

The peers of JJ PV Solar , 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 JJ PV Solar Limited , Zodiac Energy Limited , Solarium Green Energy Limited , Ganesh Green Bharat Limited , .
See the complete list of current IPO

What is Peer Comparison in IPO Analysis?

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

Why Peer Comparison is important for IPO Review?

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 17 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.

What is a good PE ratio for an Solar company?

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.

How many companies are listed in the Solar sector?

Currently 17 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

Is JJ PV Solar IPO good in comparison with its competitors?

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.JJ PV Solar 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.

Which are the Upcoming IPO in the Solar sector?

Upcoming IPO refers to companies which have filed their DRHP with the Stock exchange and are awaiting approval from NSE Emerge or BSE SME. 10 companies have filed their DRHP for SME IPO under Solar sector. .New IPO 2025-2026 and Upcoming IPO

How to calculate the PE multiple based on your sector?

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

Explore Other DRHPs

Smarten Power Systems Limited

  Solar

  New Delhi


Solarium Green Energy Limited

  Solar

  Ahmedabad


Trom Industries Limited

  Solar

  Gandhinagar


Sahaj Solar Limited

  Solar

  Ahmedabad


GP Eco Solutions India Limited

  Solar

  New Delhi


Read more details of this IPO

Peer Companies Of This Sector

FAQs

JJ PV Solar operates in Solar and Providing Engineering, Procurement And Construction (EPC) Services In The Solar Energy Sector. The Issue is listed on BSE SME in Aug, 2025. JJ PV Solar IPO size was with Issue price of .

JJ PV Solar 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.

JJ PV Solar IPO listed at a listing price of against the offer price of .

The current market price of JJ PV Solar is .

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