Solarium Green Energy IPO Details
IPO Open Date: | February 6, 2025 |
IPO Close Date: | February 10, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹181 to ₹191 Per Share |
Issue Size: | Approx ₹105.04 Crores |
Fresh Issue: | Approx ₹105.04 Crores |
Issue Type: | Book Built Issue |
IPO Listing: | BSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Solarium Green Energy IPO Market Lot
The Solarium Green Energy IPO minimum market lot is 600 shares with ₹1,14,600 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 600 | ₹1,14,600 |
Retail Maximum | 1 | 600 | ₹1,14,600 |
S-HNI Minimum | 2 | 1,200 | ₹2,29,200 |
Solarium Green Energy IPO Dates
The Solarium Green Energy IPO date is February 6 and the close date is February 10. The Solarium Green Energy IPO allotment will be finalized on February 11 and the IPO listing on February 13.
IPO Open Date: | February 6, 2025 |
IPO Close Date: | February 10, 2025 |
Basis of Allotment: | February 11, 2025 |
Refunds: | February 12, 2025 |
Credit to Demat Account: | February 12, 2025 |
IPO Listing Date: | February 13, 2025 |
Promoters of Solarium Green Energy IPO
The promoters of the company are Ankit Garg, and Pankaj Vallabhbhai Gothi.
About Solarium Green Energy IPO
Solarium Green Energy Limited established in 2015, is one of the leading companies who is engaged in the business of providing solar solutions. The company offers comprehensive solar solutions including design, engineering, procurement & supply, construction & erection, testing, commissioning, associated transmission systems, and comprehensive Operation & Maintenance. Whether it’s residential, commercial, industrial, or government projects, Solarium Energy provides turnkey solutions to each area. Solar products such as PV modules, inverters, ABT meters, and other related equipment the company sells. Due to their incredible expertise and dedicated team, they have been able to complete the projects on time and cost-effectively. They have 205 full-time employees as of July 31, 2024, and an in-house engineering team that keeps track of providing quality services. In the last 3 years, Solarium Energy has completed 8,506 Residential rooftop projects, 152 projects under Commercial and Industrial, and 8 projects under Government projects successfully.
Solarium Green Energy IPO Company Financial Report
The company reported revenue of ₹177.81 crores in 2024 against ₹98.93 crore in 2023. The company reported profit of ₹15.59 crores in 2024 against profit of ₹1.74 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹167.89 | ₹164.51 | ₹2.05 | ₹31.81 |
2023 | ₹98.93 | ₹95.88 | ₹1.74 | ₹44.37 |
2024 | ₹177.81 | ₹156.97 | ₹15.59 | ₹77.21 |
September 2024 | ₹82.34 | ₹71.93 | ₹7.55 | ₹95.25 |
Solarium Green Energy IPO Valuation – FY2024
Check Solarium Green Energy 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: | 124.38% |
ROCE: | 54.18% |
EBITDA Margin: | 13.40% |
PAT Margin: | 8.79% |
Debt to equity ratio: | 1.51 |
Earning Per Share (EPS): | ₹10.39 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 76.69% |
Net Asset Value (NAV): | ₹13.55 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Zodiac Energy Limited | 7.50 | 51.62 | 23.06 | 32.51 | 220.06 Cr. |
Oriana Power Limited | 33.41 | 22.21 | 37.13 | 76.21 | 382.87 Cr. |
Objects of the Issue
- To Meet Working Capital Requirements
- General Corporate Purposes
Solarium Green Energy IPO Review
- IPO Watch – May Apply
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Solarium Green Energy IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
Solarium Green Energy Limited
B-1208 World Trade Tower,
B/H Skoda Showroom,
Makarba, Ahmedabad 380051
Phone: +91 91065 49999
Email: [email protected]
Website: http://www.solariumenergy.in/
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Note: The Solarium Green Energy IPO price band and date are officially announced. The (Solarium Green Energy IPO grey market premium) will be added to the IPO GMP page as it will start).