Solarium Green Energy IPO
Solarium Green Energy is a BSE SME IPO listed on the BSE SME platform, priced at ₹181–₹191 per share. The stock debuted at ₹202, delivering a listing gain of 5.8%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹1,14,600.
Solarium Green Energy Limited IPO
- IPO Dates
- Feb 6, 2025 – Feb 10, 2025
- Price band
- ₹181-191 per equity share
- Minimum Investment
- ₹1,14,600
- Issue size
- ₹105.04 Cr
- Lot size
- 600
- Allotment Date
- Feb 11, 2025
- Listing
- Feb 13, 2025
- Listing At
- BSE SME
IPO timeline
-
Feb 6, 2025
Open Date
Completed
-
Feb 10, 2025
Close Date
Completed
-
Feb 11, 2025
Allotment Date
Completed
-
Feb 13, 2025
Listing Date
Completed
Solarium Green Energy IPO Essentials
Solarium Green Energy IPO Details
Solarium Green Energy IPO is priced at ₹181-191 per share with a total issue size of 105.04 crore. The IPO has a lot size of 600 shares and is listed on BSE SME.
- Issue price
- ₹181-191 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 54,99,600 shares(aggregating up to ₹105.04 Cr)
- Total issue size
- 54,99,600 shares
(aggregating up to ₹105.04 crore) - Fresh issue
- 54,99,600 shares
(aggregating up to ₹105.04 crore) - Listing at
- BSE SME
- List price
- 202.0
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt 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 reservation details show category-wise allocation of shares. Out of the total 54,99,600 shares, approximately 18.96% are reserved for QIB, 14.23% for NII, 33.18% for retail investors, 5.21% for market maker, and 28.42% for 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 Analytics
Solarium Green Energy IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Solarium Green Energy IPO Subscription Status
Solarium Green Energy IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹10.16/-
- EPS Post IPO
- ₹7.25/-
- P/E Pre IPO
- 18.81
- P/E Post IPO
- 26.36
Returns
- ROE
- 124.38%
- ROCE
- 54.18%
- RoNW
- 76.69%
- PAT Margin
- 8.79
Fundamentals
- Debt / Equity
- 1.51
- Price / Book
- 14.10
Solarium Green Energy Financials( In Crs.)
| 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 |
Solarium Green Energy Company & Offer Insights
About Solarium Green Energy
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 are the company's promoters of Solarium Green Energy.
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 Information
Contact Details
Solarium Green Energy
+91 91065 49999
B-1208 World Trade Tower, B/H Skoda Showroom, Makarba, Ahmedabad 380051
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Solarium Green Energy IPO is a book-built IPO worth ₹105.04 crore. The price band is ₹181–₹191 per share. The IPO opens on Feb 6, 2025 and closes on Feb 10, 2025. It will be listed on BSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Solarium Green Energy IPO is ₹181 to ₹191 per share.
The lot size of Solarium Green Energy IPO is 600 shares.
The minimum investment for Solarium Green Energy IPO is approximately ₹1,14,600 based on the upper price band .
Solarium Green Energy IPO opens on Feb 6, 2025 and closes on Feb 10, 2025.
The allotment date of Solarium Green Energy IPO is Feb 11, 2025.
Solarium Green Energy IPO is expected to be listed on Feb 13, 2025, on BSE SME Platform.
Solarium Green Energy IPO valuation snapshot: P/E 26.36, EPS ₹7.25/-, P/B 14.10, RoNW 76.69%, and market cap N/A.
To apply for Solarium Green Energy IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Solarium Green Energy IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Solarium Green Energy IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Solarium Green Energy IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Solarium Green Energy IPO allotment status on IPO Ji for quick and easy access.