ACME Solar Holdings IPO Details
IPO Open Date: | November 6, 2024 |
IPO Close Date: | November 8, 2024 |
Face Value: | ₹2 Per Equity Share |
IPO Price Band: | ₹275 to ₹289 Per Share |
Issue Size: | Approx ₹2,900 Crores |
Fresh Issue: | Approx ₹2,395 Crores |
Offer for Sale: | Approx ₹505 Crores, 17,474,049 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 10% |
QIB Quota: | Not more than 75% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
ACME Solar Holdings IPO Market Lot
The ACME Solar Holdings IPO minimum market lot is 51 shares with ₹14,739 application amount. The retail investors can apply up-to 13 lots with 663 shares or ₹191,607 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 51 | ₹14,739 |
Retail Maximum | 13 | 663 | ₹191,607 |
S-HNI Minimum | 14 | 714 | ₹206,346 |
B-HNI Minimum | 68 | 3,468 | ₹1,002,252 |
ACME Solar Holdings IPO Dates
The ACME Solar Holdings IPO date is November 6 and the close date is November 8. The ACME Solar Holdings IPO allotment will be finalized on November 11 and the IPO listing on November 13.
IPO Open Date: | November 6, 2024 |
IPO Close Date: | November 8, 2024 |
Basis of Allotment: | November 11, 2024 |
Refunds: | November 12, 2024 |
Credit to Demat Account: | November 12, 2024 |
IPO Listing Date: | November 13, 2024 |
Promoters of ACME Solar Holdings IPO
The promoters of the company are Mamta Upadhyay, Manoj Kumar Upadhyay, ACME Cleantech Solutions Private Limited, MKU Holdings Private Limited, and Upadhyay Family Trust.
About ACME Solar Holdings IPO
ACME Solar is a substantial renewable energy power producer among the top 10 renewable energy businesses and was incorporated in 2008. It has a goal to provide sustainable green energy at affordable rates and manage resourceful projects. ACME Solar Holdings Limited is a key player in India’s renewable energy movement, successfully commissioning 3,668 MWp of solar power across 12 states. Solar power projects offer a wider range of services, from project development and financing to construction and operation. Further, the revenue of this company has increased from the previous year’s (1,361.37)CR to 1,466.27 CR, moreover, the profit of FY year is 689.26, while 3.17% was for 2023.
ACME Solar Holdings IPO Company Financial Report
The company reported revenue of ₹1,466.27 crores in 2024 against ₹1,361.37 crore in 2023. The company reported profit of ₹689.26 crores in 2024 against loss of ₹3.17 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹1,562.73 | ₹1,789.86 | ₹62.01 | ₹10,887.62 |
2023 | ₹1,361.37 | ₹1,416.21 | ₹3.17 | ₹12,186.95 |
2024 | ₹1,466.27 | ₹1,305.49 | ₹689.26 | ₹13,394.13 |
ACME Solar Holdings IPO Valuation – FY2024
Check ACME Solar Holdings IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 38.84% |
ROCE: | [.]% |
EBITDA Margin: | 82.56% |
PAT Margin: | 47.62% |
Debt to equity ratio: | 2.66 |
Earning Per Share (EPS): | ₹12.55 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 26.95% |
Net Asset Value (NAV): | ₹49.62 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Adani Green Energy Limited | 6.21 | 289.9 | 7.19 | 85.86 | 9,220 Cr. |
ReNew Energy Global PLC | 9.94 | 55.3 | 3.07 | 332.16 | 8,194.8 Cr. |
Objects of the Issue
- Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Subsidiaries; and
- General corporate purposes.
ACME Solar Holdings IPO Review
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ACME Solar Holdings IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Nuvama Wealth Management Limited
- ICICI Securities Limited
- Jm Financial Limited
- Kotak Mahindra Capital Company Limited
- Motilal Oswal Investment Advisors Limited
Company Address
ACME Solar Holdings Limited
Plot No. 152
Sector 44
Gurugram -22002
Phone: +91 1247117000
Email: [email protected]
Website: https://www.acmesolar.in/
ACME Solar Holdings IPO FAQs
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Note: The ACME Solar Holdings IPO price band and date are officially announced. The (ACME Solar Holdings IPO grey market premium) will be added to the IPO GMP page as it will start).
2 Responses
Any approximant listing price for ACME Solar
please conform
Hi
We can no assume at this point, lets see how the subscription will come up.