Solarium Green Energy IPO subscription started on Thursday, February 6, 2025, and will close on Monday, February 10, 2025, as per the schedule. The price band is set at ā¹181 to ā¹191 per share with a face value of ā¹10.Ā
Solarium Green Energy IPO Subscription Status
Solarium Green Energy IPO Subscribed over 1.01x on its First day till 05.00 PM on 6th February 2025.Ā
- Solarium Green Energy IPO subscription QIB investors portion is 1.96x times, while NII subscribed 0.36x times and RII investors subscribed 0.74x times.
- The company has received bids for 36,70,200 shares against 36,49,800 shares on offer on the First day.
- Solarium Green Energy IPO Subscribed over 1.01x on day 1.
About Solarium Green Energy IPOĀ
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 itās 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 ā¹177.81 crore in 2024 against ā¹98.93 crore in 2023. The company reported a profit of ā¹15.59 crores in 2024 against a profit of ā¹1.74 crores in 2023.
Solarium Green Energy IPO GMP:
Solarium Green Energy IPO GMP was ā¹20 as of Thursday, 6th February 2025. That indicates the IPO is trading at ā¹211 with ā¹20 premium in the grey market against the issue price of ā¹191.
