Solarium Green Energy IPO Date, Review, Price, Allotment Details

Solarium Green Energy IPO open date is February 6, 2025 and the IPO will close on February 10, 2025. Solarium Green Energy IPO is a Book Built Issue. The company to raise around ₹105.04 crores via IPO that comprises fresh issue of ₹105.04 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Solarium Green Energy IPO price band is ₹181 to ₹191 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Solarium Green Energy IPO to list on BSE on February 13, 2025. The allotment of Solarium Green Energy IPO date is February 11, 2025.

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. As per the financials the IPO investors should apply the IPO for a long term.

Solarium Green Energy IPO

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.

ApplicationLot SizeSharesAmount
Retail Minimum1600₹1,14,600
Retail Maximum1600₹1,14,600
S-HNI Minimum21,200₹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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
Zodiac Energy Limited7.5051.6223.0632.51220.06 Cr.
Oriana Power Limited33.4122.2137.1376.21382.87 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/

Solarium Green Energy IPO FAQs

What is Solarium Green Energy IPO?

Solarium Green Energy IPO is a SME IPO. The company is going to raise ₹105.04 Crores via IPO. The issue is priced at ₹181 to ₹191 per equity share. The IPO is to be listed on BSE.

When Solarium Green Energy IPO will open for subscription?

The IPO is to open on February 6, 2025 for QIB, NII, and Retail Investors. The IPO will close on February 10, 2025.

What is Solarium Green Energy IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Solarium Green Energy IPO?

You can apply for Solarium Green Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Solarium Green Energy IPO Issue Size?

Solarium Green Energy IPO issue size is ₹105.04 crores.

What is Solarium Green Energy IPO Price Band?

Solarium Green Energy IPO Price Band is ₹181 to ₹191.

What is Solarium Green Energy IPO Lot Size?

The minimum bid is 600 Shares with ₹1,14,600 amount.

What is the Solarium Green Energy IPO Allotment Date?

Solarium Green Energy IPO allotment date is February 11, 2025.

What is the Solarium Green Energy IPO Listing Date?

Solarium Green Energy IPO listing date is February 13, 2025. The IPO is to list on BSE.

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).
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