Solarium Green Energy Limited has announced its IPO, open for subscription from February 6 to February 10, 2025. This IPO is entirely a fresh issue of 39,36,600 shares.
The price band for the IPO is ₹181 to ₹191 per share, with a minimum lot size of 600 shares. The allotment details are expected to be finalised by February 11, 2025, and the shares are scheduled for listing on BSE SME on February 13, 2025.
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Solarium Green Energy Limited BSE SME IPO Timeline (Tentative)
| Event | Date |
| IPO Opening Date | February 6, 2025 |
| IPO Closing Date | February 10, 2025 |
| Allotment Date | February 11, 2025 |
| Face Value | 10.00 |
| Tick Size | 1.00 |
| Market Lot | 600 |
| Minimum Bid Quantity | 600 |
| Maximum Bid Quantity for Qualified Institutional Investors | 3649800 |
| Maximum Bid Quantity for Non-Institutional Investors | 2607000 |
| Refund Initiation | February 12, 2025 |
| Shares Credited | February 12, 2025 |
| Listing Date | February 13, 2025 |
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About Solarium Green Energy Limited
Solarium Green Energy Limited was incorporated in 2015. The company specialises in providing turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, and transmission systems.
Turnkey Solar Solutions: They handle everything from design and engineering to installation and maintenance.
EPC Contracts: They take care of site assessment, choosing the right technology, supply chain management, construction, and financial planning.
Sale of Solar Products: They provide solar panels, inverters, and meters sourced from trusted vendors.
Solarium Green Energy Limited IPO Key Details
- Solarium Green Energy Limited IPO Open Date: February 6, 2025
- Solarium Green Energy Limited IPO Close Date: February 10, 2025
- Solarium Green Energy Limited IPO Price Band: ₹181 to ₹191 per share
- Solarium Green Energy Limited IPO Lot Size: 600 shares
- Book Running Lead Manager: Beeline Capital Advisors Pvt. Ltd.
- Registrar: Link Intime India Pvt. Ltd.
- Solarium Green Energy Limited IPO GMP: ₹15, last updated Feb 6th 2025 02:29 PM.
Solarium Green Energy Limited: Financial Overview
Solarium Green Energy Limited has shown consistent growth in its financials over the years!
| Financials (₹ Crore) | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Total 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 | 3.00 |
| Reserves & Surplus | 17.78 | 17.33 | 1.74 | – |
| Total Borrowing | 33.47 | 30.76 | 26.72 | 14.80 |
Solarium Green Energy Limited IPO FAQs
Solarium Green Energy Limited is a renewable energy company engaged in providing turnkey solar solutions.
The IPO opens on February 6, 2025, and closes on February 10, 2025.
The minimum lot size of Solarium Green Energy Limited IPO is 600 shares.
The IPO allotment is expected to be finalised on February 11, 2025.
The price band of Solarium Green Energy Limited IPO is ₹181 to ₹191 per share.
The shares for Solarium Green Energy Limited IPO are expected to be listed on BSE SME on February 13, 2025.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.