Solarium Green Energy Limited IPO
BSE SMEListed On: Feb 13, 2025 at ₹ 202.0
₹ 229200 /1200 Shares
*Min Investment
06 Feb, 2025
Open Date10 Feb, 2025
Close Date11 Feb, 2025
Allotment Date13 Feb, 2025
Listing DateExpected Premium
+ ₹8-9 (4.19%)*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Expected Premium
Solarium Green Energy IPO Issue Details
- Issue Price ₹181-191 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 54,99,600 shares(aggregating up to ₹105.04 crore)
- Fresh Share 54,99,600 shares(aggregating up to ₹105.04 crore)
- Listing at BSE SME
- List Price 202.0
- Listing Date 2025-02-13
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar Link Intime India Private Ltd
Market Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,14,600 |
| Retail(max) | 1 | 600 | ₹1,14,600 |
| NII (min) | 2 | 1,200 | ₹2,29,200 |
Solarium Green Energy IPO Reservation
Solarium Green Energy IPO offers total 54,99,600 shares. Out of which 10,42,800 (18.96%) allocated to QIB, 7,82,400 (14.23%) allocated to NII,18,24,600 (33.18%) allocated to RII, NA (NA%) allocated to employees and 15,63,000 (28.42%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 15,63,000 (28.42%) | |
| Market Maker Shares Offered | 2,86,800 (5.21%) | |
| QIB Shares Offered | 10,42,800 (18.96%) | |
| NII (HNI) Shares Offered | 7,82,400 (14.23%) | |
| Retail Shares Offered | 18,24,600 (33.18%) | |
| Total Shares Offered | 54,99,600 (100%) |
Solarium Green Energy IPO Details
Solarium Green Energy Limited IPO is an SME IPO, priced at ₹181-191 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 54,99,600 equity shares, aggregating up to ₹105.04 crores..
The IPO bidding window is open from Feb 6, 2025 to Feb 10, 2025. The allotment is expected to be finalized on Feb 11, 2025, and the tentative listing date is Feb 13, 2025.
The minimum lot size for retail investors is 600 shares, with a minimum investment of ₹1,14,600. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,29,200.
Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Spread X Securities Private Limited will act as the market maker for this issue.
Solarium Green Energy IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 10,42,800 / 7,82,400 | 18,24,600 | 36,49,800 |
Day 1 06-02-25 06:00 PM | 1.96 / 0.36 x | 0.74 x | 1.01 x |
Day 2 07-02-25 06:00 PM | 2.71 / 0.27 x | 1.38 x | 1.52 x |
Day 3 10-02-25 06:00 PM | 8.55 / 18.04 x | 5.08 x | 8.83 x |
Solarium Green Energy Valuations
Solarium Green Energy Company Financials
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| 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 | N/A |
| Total Borrowing | 33.47 | 30.76 | 26.72 | 14.8 |
About Solarium Green Energy Company
Solarium Green Energy Limited is a company that was incorporated in 2015 and deals in the business of Solar Solutions.
The company provides turnkey solar solutions, which include design, engineering, procurement, construction, testing, commissioning, transmission systems, and Operation & Maintenance for residential, commercial, industrial, and government solar projects.
The company provides turnkey EPC (Engineering, Procurement, and Commissioning) contracts, covering site assessment, technology evaluation, engineering, supply chain management, construction, logistics, manpower, financial planning, and warranties for solar projects.
The company has done 11,195 residential, 172 Commercial and Industrial, and 17 government solar projects in the past three years.
As of September 30, 2024, the company has 253 employees.
Solarium Green Energy - Promoter(s)
Ankit Garg
Pankaj Vallabhbhai Gothi
Pre Issue Share Holding : 78.50%
Post Issue Share Holding : %
Solarium Green Energy IPO - Issue Objectives
To Meet Working Capital Requirements
General Corporate Purposes
Solarium Green Energy IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Solarium Green Energy Limited | 10.39 | N/A | 13.55 | N/A | 76.69 | 14.69 | Consolidated |
| Zodiac Energy Limited | 7.5 | N/A | 32.51 | 51.62 | 23.06 | 12.09 | Standalone |
| Oriana Power Limited | 33.41 | N/A | 76.21 | 22.21 | 37.13 | 9.76 | Consolidated |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on the NSE on March 28, 2024, divided by the Diluted EPS.
- Return on Net Worth (%) is computed as net profit after tax divided by net worth. Net worth has been calculated as the sum of share capital, reserves, and surplus.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
Contact Details
Solarium Green Energy
B-1208 World Trade Tower, B/H Skoda Showroom, Makarba, Ahmedabad 380051
+91 91065 49999
Registrar Contact Details
Solarium Green Energy IPO - FAQs
Ans. Solarium Green Energy Limited IPO is a SME IPO. The issue is priced at ₹181-191 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Feb 6, 2025, and closes on Feb 10, 2025. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Solarium Green Energy Limited IPO opens on Feb 6, 2025 and closes on Feb 10, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Solarium Green Energy Limited IPO is 54,99,600 shares(aggregating up to ₹105.04 Cr).
Ans. The Solarium Green Energy Limited IPO price band is set between ₹181-191 per equity share.
Ans. To apply for Solarium Green Energy Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Solarium Green Energy Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Solarium Green Energy Limited IPO is Feb 11, 2025.
Ans. The Solarium Green Energy Limited IPO will be listed on Feb 13, 2025.
Ans. Follow the steps to check the Solarium Green Energy Limited IPO allotment status online.
