Suzlon Energy was in focus on Monday morning as a massive block deal of 19.81 crore shares worth INR 1,309 crore was executed in the pre-market window. Suzlon Energy block deal was initiated by the company’s promoter group—Tanti Family and Trust.
According to sources and term sheets, Tanti Family and Trust had planned to sell up to 20 crore shares, which is 2.9% of the company, at a floor price of INR 64.75 per share. This is a 2.9% discount to Friday’s closing price of INR 66.96.
Suzlon Energy Block Deal Details
- Volume Traded: 19.81 crore shares
- Value: INR 1,309 crore
- Floor Price: INR 64.75 per share
- Equity Stake Offloaded: ~1.43% to 1.45%
- Broker: Motilal Oswal Financial Services
- Lock-in Period: 180 days (no further promoter sale allowed during this period)
Despite the large sale, the stock reacted positively. It opened 2.2% higher and touched an intraday high of INR 68.20 on the BSE.
Strategic Context
The promoter group sale in Suzlon is part of a broader strategy to strengthen liquidity and manage outstanding obligations. Suzlon, which was once plagued by high debt and operational challenges, has in recent years turned around—reflected in its financials and investor interest.
As of March 2025 shareholding pattern, Tanti Family and Trust held 13.25% of the Suzlon’s equity. This block deal could reduce their holding to under 12% pending final disclosures. The rest of the equity is held by institutional and retail investors:
- Retail shareholders (≤ INR 2 lakh): 25.12%
- Retail shareholders (> INR 2 lakh): 13.59%
- Mutual Funds: 4.17%
Financials
Suzlon Energy’s recent results have boosted investor sentiment. For Q4 FY25, the company reported a 365% YoY growth in consolidated net profit at INR 1,181 crore from INR 254 crore in the same quarter last year. This was mainly due to an exceptional deferred tax gain of INR 600 crore. For the full year FY25, consolidated net profit grew to INR 2,072 crore from INR 660 crore in FY24.
Revenue for the quarter was at INR 3,773.5 crore, a 73.2% growth from last year, showing improvement in operating efficiency and order execution. Suzlon’s EBITDA nearly doubled to INR 677 crore with margins expanding by over 230 bps to 17.94%.
Also, the company’s order book as of May 2025 is 5.6 GW, which is 3.6 times its FY25 WTG volumes—a clear sign of strong demand visibility.
Analyst Take and Market Outlook
Brokers are positive on both the numbers and the block deal. JM Financial, ICICI Securities and Motilal Oswal have a Buy on the stock with target prices of INR 76 to 83, implying 12-22% upside from here.
The 180-day lock-in period is a mechanism to ensure stability in the stock and prevent immediate promoter selling which can spook the market. The structured deal and institutional demand is seen as a vote of confidence in Suzlon’s recovery and the renewable energy sector in India.
Conclusion
Suzlon Energy block deal puts the company back in the spotlight as India’s clean energy journey gains momentum. While Suzlon Energy promoter selling is a strategic rebalancing of stake, the market’s response – driven by improving fundamentals and sectoral tailwinds – suggests investors are long term positive on the company.
With policy support increasing, renewable capacity targets ambitious and order book healthy, Suzlon is well placed to continue to be the leader in India’s wind energy space even as its ownership structure changes.
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