Bajaj Energy Limited has established itself as a significant player in the Indian energy sector. Incorporated on June 27, 2008, this unlisted public company focuses on thermal energy generation. With a robust financial foundation and strategic operations, it plays a crucial role in powering various industries in India.
Company Overview
Located in Kheri, Uttar Pradesh, Bajaj Energy has an authorized share capital of INR 2,500 crore and a paid-up capital of INR 452.93 crore. For the financial year ending March 31, 2023, the company reported operating revenues exceeding INR 500 crore. Notably, its EBITDA increased by 15.75%, and its book net worth rose by 10.91%, demonstrating solid financial growth.
Bajaj Energy is dedicated to developing, financing, and operating thermal energy solutions. This commitment not only supports energy demands but also contributes to the overall electricity, gas, and water industry in India.
Financial Highlights
Here are some key financial indicators for Bajaj Energy Limited as of March 31, 2023:
- Operating Revenue: Over INR 500 crore
- EBITDA Growth: 15.75%
- Net Worth Growth: 10.91%
- Debt/Equity Ratio: 0.48
- Return on Equity: 9.84%
These figures indicate a healthy financial standing, making it an attractive option for investors considering the Bajaj Energy IPO.
Management and Governance
The company has a dynamic board of directors comprising eight members, with a mix of experience and fresh perspectives. The longest-serving director is Ajay Vikram Singh, who joined on March 17, 2016. The most recent addition is Vinay Kumar Singh Bankoti, appointed on October 15, 2020.
Gauri Trivedi stands out with the largest number of directorships, being associated with nine other companies. This network of directors enhances Bajaj Energy’s operational capabilities and strategic decisions.
Recent Developments
As of now, Bajaj Energy is active, with its last reported Annual General Meeting (AGM) held on August 28, 2024. Investors are keenly watching for updates regarding the Bajaj Energy IPO release date and other related news.
Bajaj Energy IPO Insights
The anticipated Bajaj Energy IPO has generated significant interest among investors. Here’s what potential investors should know:
Bajaj Energy IPO
Bajaj Energy Limited
- Open Date To be announced
- Close Date To be announced
- Price Band To be announced
- Lot Size To be announced
- Investment Per Lot To be announced
- Listing at To be announced
- Bajaj Energy IPO Date: The expected date for the IPO is yet to be officially announced, but market speculation suggests it could be around mid-2024.
- Bajaj Energy IPO Share Price: While specific pricing details are not available, analysts expect a competitive share price based on the company’s financial health.
- Bajaj Energy IPO Grey Market Premium: Current estimates indicate a positive grey market premium, reflecting strong investor interest.
- Bajaj Energy IPO Shareholder Quota: The allocation for existing shareholders is still under discussion, with expectations of a favorable quota.
Investors are evaluating whether the Bajaj Energy IPO is good or bad based on these insights, with many leaning towards optimism given the company’s growth trajectory.
IPO Financials
| Financial year | Total Assets in Millions | Total Income in Millions | Profit After Tax in Millions |
| FY 2018 | Rs. 34,741.55 | Rs. 8,976.25 | Rs. 416.82 |
| FY 2017 | Rs. 36,840.97 | Rs. 14,058.76 | Rs. 882.50 |
| FY 2016 | Rs. 35,900.48 | Rs. 14,070.99 | Rs. 1,028.35 |
Market Position and Competitors
Bajaj Energy operates in a competitive landscape, with significant players like Tata Power, NTPC, and JSW Energy. Here’s a brief comparison:
| Competitor | Market Capitalisation | PAT Growth % |
|---|---|---|
| Tata Power Company Limited | Rs. 81,001.86 Cr. | 58.31% |
| NTPC Limited | Rs. 1,60,916 Cr. | 20.58% |
| JSW Energy Limited | Rs. 58,001.44 Cr. | 13.71% |
| Torrent Power | Rs. 26,914.54 Cr. | 23.85% |
These figures showcase Bajaj Energy’s competitive positioning within the sector.
Conclusion
Bajaj Energy Limited stands as a pivotal entity in the thermal energy generation space. With solid financials and a commitment to growth, it presents a promising opportunity for investors, particularly as the company prepares for its IPO.
FAQ Section
1. What is Bajaj Energy Limited? Bajaj Energy Limited is an unlisted public company that focuses on thermal energy generation, established in 2008 in Uttar Pradesh.
2. When is the Bajaj Energy IPO expected? The expected date for the Bajaj Energy IPO is anticipated to be around mid-2024, although an official date has yet to be confirmed.
3. What is the Bajaj Energy share price today? As of now, the share price for Bajaj Energy is not publicly listed since it is an unlisted company, but updates will be provided post-IPO.
4. Is the Bajaj Energy IPO a good investment? Analysts are generally optimistic about the Bajaj Energy IPO due to the company’s strong financial performance and growth potential.
5. Who are the competitors of Bajaj Energy? Key competitors include Tata Power, NTPC, and JSW Energy, among others, all of which operate within the electricity and power generation sector.
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