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The Solarium Green IPO is a book-built issue worth ₹105.04 crores. It is a fresh issue of 55.00 lakh shares.
The IPO opens for subscription on February 6, 2025, and closes on February 10, 2025. The allotment for the Solarium Green IPO is expected to be finalized on Tuesday, February 11, 2025. The listing will take place on BSE SME, with the tentative listing date set for Thursday, February 13, 2025.
The Solarium Green IPO price band is set between ₹181 and ₹191 per share. The minimum lot size for an application is 600 shares. Retail investors need to invest a minimum amount of ₹1,14,600. For HNI investors, the minimum investment is for 2 lots (1,200 shares), amounting to ₹2,29,200.
For comprehensive details and the latest updates on the Solarium Green Energy Limited IPO, including the IPO GMP, subscription status, and allotment information, investors can turn to reliable platforms like IPO Watch, IPO Allotment BSE, or consult the Solarium Green Energy Limited IPO Red Herring Prospectus (RHP). Staying updated on these key factors is crucial for making informed and strategic investment decisions in this IPO.
| IPO Date | February 6, 2025 to February 10, 2025 |
| Listing Date | February 6, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹181 to ₹191 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 54,99,600 shares (aggregating up to ₹105.04 Cr) |
| Fresh Issue | 54,99,600 shares (aggregating up to ₹ 105.04 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,53,50,000 shares |
| Share Holding Post Issue | 2,08,49,600 shares |
| Market Maker Portion | Share Holding Pre-Issue |
| IPO Open Date | Thursday, February 6, 2025 |
| IPO Close Date | Monday, February 10, 2025 |
| Basis of Allotment | Tuesday, February 11, 2025 |
| Initiation of Refunds | Wednesday, February 12, 2025 |
| Credit of Shares to Demat | Wednesday, February 12, 2025 |
| Listing Date | Thursday, February 13, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 10, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,14,600 |
| Retail (Max) | 1 | 600 | ₹1,14,600 |
| HNI (Min) | 2 | 1,200 | ₹2,29,200 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 95.25 | 77.21 | 44.37 | 31.81 |
| Revenue | 82.34 | 177.81 | 98.93 | 167.89 |
| Profit After Tax | 7.55 | 15.59 | 1.74 | 2.05 |
| Net Worth | 33.13 | 20.33 | 4.74 | 3 |
| Reserves and Surplus | 17.78 | 17.33 | 1.74 | |
| Total Borrowing | 33.47 | 30.76 | 26.72 | 14.8 |
Maximizing Opportunities with Solarium Green Energy Limited IPO
The Solarium Green Energy Limited IPO presents a promising investment opportunity with its fresh issue of 55.00 lakh shares and a competitive price band of ₹181 to ₹191 per share. With the IPO opening on February 6, 2025, and a listing date set for February 13, 2025, investors have a window to participate in this potential growth story. Retail and HNI investors should carefully consider the minimum investment requirements and stay updated on important details through trusted platforms. As always, it is essential to conduct thorough research and consult the Red Herring Prospectus (RHP) before making any investment decisions.
