Sadbhav Futuretech IPO

We are engaged in engineering, procurement, and construction (“EPC”) of solar power projects with a focus in segments relating to solar water pumping systems, rooftop solar systems and ground mounted solar systems. We have installed a cumulative capacity of 171.68 MW including 171.53 MW of solar water pumping systems and 0.15 MW of rooftop solar system, during the stub period and three fiscals. Further, as on date of this Draft Red Herring Prospectus, we have been awarded one EPC contract and have received two Letter of Intent for installation of ground mounted solar system of 120.00 MW. We commenced our operations in the year 2020 with solar water pumping systems and subsequently expanded into installation of rooftop solar systems and ground mounted solar systems. Over the years, we have diversified our geographical presence across various states including Maharashtra, Assam, Andhra Pradesh, Madhya Pradesh, Rajasthan, Haryana and Chhattisgarh. Our EPC contracts are typically awarded on a turnkey basis either directly through the government and private customers or through subcontracting arrangements.