Solarium Green Energy is set to launch its Rs 105.04 Crore IPO. The application for the same will start from 6th February and end on 10th February. This IPO is entirely a fresh issue of 55 lakh shares. The company will be listed on BSE SME.
Solarium Green Energy IPO is a book-building issue, requiring retail investors to make a minimum investment of Rs 1,14,600 to participate. HNIs must invest at least Rs 2,29,200 for 1,200 shares, equivalent to 2 lots.
Link Intime India Pvt Ltd is the registrar for this offering. Whereas Beeline Capital Advisors Pvt Ltd is the lead manager for Solarium Green Energy IPO. The Market Maker for the same is Spread X Securities Pvt Ltd.
Solarium Green Energy IPO GMP
The latest updated Solarium Green IPO GMP is Rs 9, as of 10th Feb, 2025 03:30 PM. The IPO has a price band of Rs 191. The estimated listing price for Solarium IPO is Rs 200 reflecting a potential gain of 4.7% per share.
Date | GMP | Expected Listing Price | Last Updated |
10-02-2025 | Rs 9 | Rs 200 | 03:30 PM |
09-02-2025 | Rs 0 | Rs 191 | 09:30 AM |
08-02-2025 | Rs 6 | Rs 197 | 09:30 AM |
07-02-2025 | Rs 10 | Rs 201 | 09:30 AM |
06-02-2025 | Rs 15 | Rs 210 | 02:00 PM |
05-02-2025 | Rs 22 | Rs 213 | 09:30 AM |
04-02-2025 | Rs 0 | Rs 191 | 10:32 AM |
Solarium Green Energy IPO Details
Face Value | Rs 10 per Share |
Lot Size | 600 Shares |
Price Band | Rs 181 to Rs 191 |
Listing At | BSE SME |
Total Issue Size | 54,99,600 Shares (aggregating up to Rs 105.04 Cr) |
Fresh Issue | 54,99,600 Shares (aggregating up to Rs 105.04 Cr) |
DRHP | Click Here |
RHP | Click Here |
Solarium Green Energy IPO Timeline
Open – Close Date | 6th Feb to 10th Feb |
Last UPI Mandate Confirmation | 5 PM on 10th Feb |
IPO Allotment | 11th Feb |
Amount Refund | 12th Feb |
Credit of Shares | 12th Feb |
Listing Date | 13th Feb |
Solarium Green Energy IPO Lot Size
Application | Lot | Size | Amount |
Retail (Min) | 1 | 600 | Rs 1,14,600 |
Retail (Max) | 1 | 600 | Rs 1,14,600 |
HNI (Min) | 2 | 1,200 | Rs 2,29,200 |
Solarium Green Energy Company Details
Solarium Green Energy Limited, established in 2015, provides solar solutions for residential, commercial, industrial, and government projects.
The company offers turnkey services, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and maintenance.
It handles EPC (Engineering, Procurement, and Commissioning) contracts, covering site assessment, technology evaluation, supply chain, construction, logistics, manpower, financial planning, and warranties.
Business Model:
- Turnkey Solutions: Provides rooftop and ground-mounted solar installations and government tenders, including hybrid and grid-connected solutions.
- Solar Products: Supplies PV modules, inverters, and ABT meters while previously manufacturing polycrystalline solar modules.
Achievements in the last three years include 11,195 residential, 172 commercial and industrial, and 17 government solar projects.
As of 30th September, 2024, the company employs 253 people.
Is Solarium Green Energy IPO Worth Investing?
Ended On | Sept 2024 | March 2024 | March 2023 |
Assets | Rs 95.25 Cr | Rs 77.21 Cr | Rs 44.37 Cr |
Revenue | Rs 82.34 Cr | Rs 177.81 Cr | Rs 98.93 Cr |
PAT | Rs 7.55 Cr | Rs 15.59 Cr | Rs 1.74 Cr |
Financial Performance:
Revenue: The company generated Rs 82.34 crore in revenue during the period ended on 30th September, 2024. Revenue has generally increased over the periods, though there was a slight decline in the latest period.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 33.13 crore.
Financial Position:
Assets: The company’s total assets amounted to Rs 95.25 crore as of September 2024. Assets have grown significantly, indicating potential expansion and investment.
Profit After Tax (PAT): the company generated PAT of Rs 7.55 crore as of September 2024. Profitability has fluctuated considerably, with a significant drop in the latest period.
Solarium Green Energy IPO FAQs:
What is the price band of the Solarium Green Energy IPO?
Solarium Green Energy IPO Price Band is Rs 181 to Rs 191.
What is the issue size of the Solarium Green Energy IPO?
Solarium Green Energy IPO issue size is Rs 105.04 crore.
What is the lot size of the Solarium Green Energy IPO?
The size of 1 lot is 600 Shares with a minimum bid of Rs 1,14,600.
What is the allotment and listing date of the Solarium Green Energy IPO?
The allotment date of the IPO is 11th Feb and the listing date for the same is 13th Feb.
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