Sadbhav Futuretech unlisted share price

Price history

About

Sadbhav Futuretech Limited designs, supplies and installs solar power systems on a turnkey basis. Its main business is engineering, procurement and construction (EPC) of solar water pumping systems, used mostly for farm irrigation. It also does rooftop solar and ground mounted solar projects. The company started operations in 2020 with solar pumps and later added the other two lines. The work is concentrated in a few states. The DRHP says operations are focused in Maharashtra and Haryana, while the order book of ₹2,01,605.00 lakh as on 28 February 2026 is mostly in Andhra Pradesh (39.21%) and Maharashtra (38.76%). The company says it had installed 47,960 pumps with an aggregate capacity of 171.53 MW for customers as of 30 September 2025. Customers are government agencies and private solar companies. The numbers below are from the restated consolidated financials in the DRHP. Revenue from operations grew from ₹7,304.63 lakh in Fiscal 2023 to ₹13,367.86 lakh in Fiscal 2024 and ₹30,209.58 lakh in Fiscal 2025. Profit after tax rose from ₹84.84 lakh to ₹769.01 lakh and then ₹3,080.35 lakh. For the six months ended 30 September 2025, revenue was ₹27,428.26 lakh and profit after tax was ₹4,044.43 lakh. Total equity at the end of Fiscal 2025 was ₹7,888.01 lakh. The company was incorporated in June 2020 as Icongreen Energy Private Limited, renamed Sadbhav Futuretech Private Limited the same month, and converted into a public limited company in November 2024. The registered office is in Raipur, Chhattisgarh, and the corporate office is in Gurugram, Haryana. The promoters are Bhupender Singh, Saikat Roy, Bettericon Consultancy Private Limited, Nilesh Jain, Neelam Jain and Samkit Jain, who together hold 77.45% of the paid-up equity share capital on a fully diluted basis. Sadbhav Futuretech has filed its DRHP with SEBI on 7 April 2026 for an IPO that combines a fresh issue and an offer for sale, and its IPO journey stage is: SEBI review completed. Price band and dates are not announced. Unlisted shares of a company like this are dealt off-market between buyers and sellers through dealers, at indicative prices that can differ from the eventual IPO price. Our indicative price is ₹122 with a lot size of 1000 shares.