ACME Solar IPO subscriptionĀ started on Wednesday, November 6th, and will close on November 8th as per the schedule. The price band is set at ā¹275 to ā¹289 per share with a face value of ā¹2.
ACME Solar IPO Subscription Status
ACME Solar IPO Subscribed over 0.74x on its second day till 05.00 PM on 7th November.
- ACME Solar IPOĀ subscription QIB investors portion is 0.33 times, while NII subscribed 0.59 times and RII investors subscribed 2.16 times.
- The company has received bids for 4,06,80,150 shares against 5,53,46,021 shares on offer on the second day.
- ACME Solar IPO Subscribed over 0.41x on its day 1.
- ACME Solar IPO Subscribed over 0.74x on day 2.
About ACME Solar 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 Indiaās 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 yearās (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 IPO Company Financial Report
The company reported revenue of ā¹1,466.27 crores in 2024 against ā¹1,361.37 crore in 2023. The company reported profit of ā¹689.26 crores in 2024 against loss of ā¹3.17 crores in 2023.
ACME Solar IPO GMP:
ACME Solar IPO GMPĀ was ā¹10 as of Thursday, November 7th. That indicates the IPO is trading at ā¹299 with ā¹10 premium in the grey market against the issue price of ā¹289.
