🌱 IPO-Track Growth · Renewable EPC
Client Profile
Heaven Green Energy Limited
| Industry | Solar EPC (Engineering, Procurement & Construction) |
| Headquarters | Gujarat, India |
| City Presence | Gujarat + 5 expansion cities |
| Team Size | 100+ employees across locations |
| Project Range | Residential rooftop → Commercial → Industrial |
| Vision | Multi-city scale with IPO-ready financial infrastructure |
| Platform | Odoo ERP covering Finance, SCM, Project Management, and Helpdesk |
Heaven Green Energy Limited was built on a clear vision to make solar accessible at every scale, from a rooftop in Ahmedabad to an industrial plant in Surat. Since inception, the company has been executing solar EPC projects with an ambition that goes well beyond Gujarat.
The goal is to become one of India's leading renewable EPC companies, operating across multiple cities and verticals, and ultimately IPO-ready. That kind of ambition demands more than a good project team. It demands financial infrastructure, operational visibility, and governance systems that can stand up to institutional scrutiny.
Odoo ERP, deployed across finance, supply chain, project management, and after-sales helpdesk, became the operational backbone that Heaven Green Energy needed to grow without losing control.
6
Cities Under Management
From 1 to 6 on one platform
35%
Faster Project Closure
Procurement to commissioning
28%
Better Capital Utilisation
Working capital efficiency
100%
Audit-Ready Financials
IPO-grade reporting in place
From One City to Six: A Scale That Demands Systems
Heaven Green Energy's growth journey is not just geographic. It represents a fundamental shift in operational complexity at every stage.
Phase 1: Foundation
Residential Rooftop
1–10 kW installations, short sales cycles, local teams. Manageable on spreadsheets. Gujarat-focused. Quick cash flows, high volume, lower ticket size.
Phase 2: Scaling
Commercial & Industrial
100 kW–2 MW projects. Multi-month timelines, milestone-based billing, multiple vendors, and large procurement cycles. Spreadsheets break here.
Phase 3: IPO Track
Multi-City EPC at Scale
6 cities, 100+ team, concurrent projects across verticals. Capital allocation, turnover ratios, cash flow forecasting, and institutional-grade reporting become non-negotiable.
What Scaling Without Systems Actually Costs a Solar EPC Company
Every challenge below is not just an operational inconvenience. For a company on an IPO track, each one is a valuation risk.
Finance
No real-time capital utilisation view
With multiple concurrent projects across cities, capital was being deployed without a centralised view of utilisation per project, per city, or per vertical. Working capital was tied up in projects that had stalled, and finance leadership had no visibility into this.
Finance
Cash flow management was reactive
Milestone-based billing meant cash arrived in lumps. Without a forward-looking cash flow model tied to project timelines, the treasury position was managed on gut feel, creating periods of financial stress that could have been anticipated and planned around.
Supply Chain
Procurement across cities with no central control
Each city team was procuring independently, buying solar panels, inverters, mounting structures, and cables without central oversight. No consolidated vendor management, no bulk negotiation leverage, and no visibility into what was sitting in which warehouse.
Project Management
No live project status across locations
Project managers in each city maintained their own trackers. Leadership had no unified view of project health, with no way to see which projects were on track, which were delayed, and which were consuming more resources than budgeted.
Hiring & Teams
Installer and field team management was informal
As Heaven Green expanded to new cities, hiring installers, warehouse staff, and city-level teams happened without a structured onboarding or performance tracking system. Team productivity was unmeasured and accountability was weak.
After-Sales
No structured post-installation support system
For a company targeting industrial clients, after-sales service is a deal qualifier. Without a ticketing and helpdesk system, service requests were handled over calls and WhatsApp with no SLA tracking, no escalation mechanism, and no resolution history per installation.
IPO Readiness
Financials not structured for institutional scrutiny
Revenue recognition across project milestones, inter-city cost allocation, deferred revenue treatment, and project-wise P&L were not structured in a way that would satisfy a SEBI audit, a due diligence review, or an institutional investor's data room request.
Reporting
Turnover ratios and financial KPIs not trackable
Asset turnover, receivable days, inventory turnover, and EBITDA per project. These are the numbers institutional investors look at. Without an integrated ERP, they simply didn't exist in a reportable format.
Odoo ERP: The Operating System for a Multi-City Solar EPC Business
Four modules on one platform, built to run concurrent projects across six cities while generating the financial intelligence needed for institutional-grade reporting.
💰
Project Finance & Capital Utilisation Tracking
The Odoo Finance module was configured with project-level cost centres so every rupee of expenditure is mapped to a specific project, city, and phase. For the first time, Heaven Green's finance team could see capital utilisation per project in real time, including how much had been deployed, against which milestone, and what the projected drawdown looked like through to commissioning. Working capital tied up in stalled projects was immediately visible, enabling faster decisions on reallocation.
📈
Cash Flow Forecasting Tied to Project Milestones
Milestone-based billing is the reality of EPC finance. The Odoo implementation linked project milestones directly to the accounts receivable schedule so the cash flow forecast automatically updated as project timelines shifted. Treasury could see a 90-day rolling cash position across all cities, flag upcoming shortfalls weeks in advance, and plan disbursements accordingly. Cash flow management shifted from reactive to structured, which is a critical capability for any company preparing for capital markets.
🔗
Centralised SCM: Procurement, Inventory and Vendor Management
The Odoo SCM module brought all procurement under one roof. Purchase requisitions from city teams flow into a central approval workflow, enabling consolidated vendor negotiations across panel suppliers, inverter vendors, and BOS component manufacturers. Every warehouse across Gujarat and each expansion city is visible in real time. Material allocation across concurrent projects is system-managed, eliminating the duplication and shortages that previously happened when city teams ordered independently.
🏗️
Live Project Management Across All Locations
The Odoo Project module gave Heaven Green's leadership a live dashboard of every active installation, ranging from a 5 kW residential rooftop in Vadodara to a 500 kW industrial plant in Rajkot. Each project has a structured task breakdown: site survey, design approval, procurement, installation, testing, commissioning, and handover. Delays are flagged automatically. Budget vs. actual cost is tracked per project phase. Project managers across cities work from the same system, and leadership sees everything from one screen.
🎧
After-Sales Helpdesk: SLA-Driven Service for Every Installation
For Heaven Green's commercial and industrial clients, post-commissioning support is as important as the installation itself. The Odoo Helpdesk module manages every service request, from inverter fault reports to generation underperformance complaints, with ticket-based tracking, priority levels, SLA timers, and escalation rules. Field engineers are assigned digitally and their resolution notes are logged against the installation record. This capability has become a key differentiator in enterprise sales pitches.
📊 IPO-Ready Financial Reporting Built Into the System
For a company on an IPO track, the financial infrastructure is not just about day-to-day management. It is about producing the kind of reporting that passes institutional scrutiny. The Odoo implementation was designed with this in mind from day one.
📉
Capital Utilisation Ratio
Per project, per city, and per vertical with live and historical data
🔄
Turnover Ratio Graphs
Asset, inventory & receivable turnover tracked over time
💧
Cash Flow Dashboard
90-day rolling forecast, milestone-linked inflows & outflows
📋
Project-wise P&L
Revenue, cost, and margin per project in audit-ready format
What Changed Across Finance, Operations and Growth
"We had the projects, we had the team, and we had the ambition. What we didn't have was the infrastructure to run a business at this scale responsibly. Odoo gave us the financial visibility to make faster decisions, the project oversight to catch problems before they became delays, and the reporting structure to walk into any investor conversation with confidence."
Director, Heaven Green Energy Limited
Finance
Capital Utilisation Visibility
No real-time view, with capital tied up in stalled projects going undetected
↑ 28% improvement in working capital efficiency
Project Delivery
Procurement to Commissioning Time
Delays caused by uncoordinated procurement and informal tracking
↓ 35% faster project closure cycle
Supply Chain
Multi-City Procurement
Independent city-level buying with no negotiation leverage and no central visibility
Centralised vendor management, ~18% cost reduction on key materials
Cash Flow
Treasury Planning
Reactive cash management where shortfalls were discovered after the fact rather than anticipated
90-day rolling forecast with zero unplanned cash shortfalls post go-live
After-Sales
Service Request Resolution
Service handled over WhatsApp and calls with no SLA, no escalation process, and no resolution history
Structured helpdesk with average resolution time under 48 hours
IPO Readiness
Financial Reporting Quality
No project-wise P&L, no audit-ready structure
100% audit-ready with project P&L, turnover ratios, and cash flow available on demand
Odoo Modules at Heaven Green Energy
What Was Implemented
Odoo Finance & Accounting
Project cost centres, milestone billing, cash flow forecasting, P&L reporting
Odoo SCM & Procurement
Central procurement, vendor management, multi-warehouse inventory
Odoo Project Management
Live project tracking, task scheduling, budget vs. actual, milestone management
Odoo Helpdesk
After-sales ticketing, SLA tracking, field engineer dispatch, resolution history
Capital Utilisation Dashboard
Real-time deployment ratios, city-wise and project-wise capital tracking
IPO Reporting Suite
Turnover ratios, cash flow graphs, EBITDA per project, audit-ready exports
Why Solar EPC Companies Can't Scale on Spreadsheets
India's solar EPC sector is at a historic inflection point. With over 500 GW of renewable capacity targeted by 2030 and MNRE's aggressive rooftop solar push under the PM Surya Ghar scheme, the order books of capable EPC companies will only grow. But there is a critical distinction between companies that grow and companies that scale, and the difference is almost entirely operational infrastructure.
A solar EPC business managing 5 projects in one city can survive on WhatsApp, spreadsheets, and the memory of a good project manager. The same business managing 30 concurrent projects across 6 cities cannot. The complexity is exponentially different. Procurement coordination, multi-city team management, milestone-based cash flow, and the reporting demands of commercial clients and institutional financiers all require a proper ERP for solar EPC.
Heaven Green Energy's investment in Odoo ERP was not just about operational efficiency. It was a deliberate act of building institutional credibility. The ability to present a prospective industrial client with project-wise P&L history, SLA-backed after-sales commitments, and a structured procurement process is increasingly what separates shortlisted EPC contractors from the rest of the field.
For solar EPC companies in India planning multi-city expansion, targeting commercial and industrial clients, or preparing for IPO or institutional funding, the time to build this infrastructure is before the growth demands it, not after. Odoo ERP for solar EPC, implemented with the right customisation, is one of the most cost-effective ways to make that transition.
Built for solar EPC companies
Scaling your EPC operations across cities? Your systems need to scale with you.
Whether you are managing 10 projects or 100, expanding to new cities, or building toward institutional funding, we have built exactly this kind of infrastructure for renewable energy companies. Let us talk.
