Solarium Green Energy IPO GMP, Open Date, Price, Listing Date

Solarium Green Energy IPO open date is from February 6 to February 10, 2025. This new IPO is a book-built issue of Rs 105.04 crore. This upcoming IPO is entirely a fresh issue of 55 lakh equity shares.

Solarium Green Energy IPO price band is Rs 181 to Rs 191 per share. Solarium Green Energy IPO GMP is 30 indicating mild bullish sentiment for this IPO among investors. Live IPO Grey Market Premium details are visible online.

Solarium Green Energy IPO lot size is 600 shares. The IPO allotment status live is to be finalised on February 11, 2025. The minimum investment for the retail investors for 1 lot is Rs 1,14,600. The registrar for the Solarium Green Energy IPO is Link Intime India Private Limited. Solarium Green Energy IPO listing date is February 13, 2025.

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Solarium Green Energy IPO GMP

Solarium Green Energy IPO GMP is Rs 30 per share. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Solarium Green Energy IPO GMP might rise in the coming days.

Solarium Green Energy IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes is below 10% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in Solarium Green Energy IPO GMP is expected to quote the initial ticks at the 10% or above premium.

Solarium Green Energy IPO Price Band

Solarium Green Energy IPO price band is Rs 181 to Rs 191 per share. The minimum amount of investment for the retail category is to be at Rs 1,14,600. The minimum investment for the HNI is Rs 2,29,200.

Solarium Green Energy IPO Open Date, Close Date

Solarium Green Energy IPO open date is 6 February 2025 and closing date is 10 February 2025. The initiation of the refund date is 12 February 2025, and the credit of shares will be on 12 February 2025.

Solarium Green Energy IPO Allotment Status Live

Solarium Green Energy IPO allotment status live will be finalised on 11 February 2025. The listing will be on the BSE SME platform on 13 February 2025. The registrar of this IPO is Link

Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Solarium Green Energy IPO Listing Date

Solarium Green Energy IPO's listing date will be on February 13, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Solarium Green Energy IPO: Listing Date, Lot Size, Price Band

Solarium Green Energy Limited: About the Company

Solarium Green Energy Limited was incorporated in 2015, and is engaged in the business of Solar Solutions.

Solarium Green Energy provides turnkey solar solutions, including design, engineering, procurement, construction. Also, testing, commissioning, transmission systems, and Operation & Maintenance for residential, commercial, industrial, and government solar projects.

The company business model is divided into 2 categories. The turnkey solutions for the solar projects and sale of solar projects.

The company’s competitive strength are: 1) Scaled and integrated operations for renewable energy projects. 2) Diversified Portfolio with strong domestic presence. 3) Strong relationships with customers and suppliers.

Solarium Green Energy IPO Objectives

The funds from Solarium Green Energy IPO issue will be used to meet the working capital needs. The remaining money will be used to fulfilling the general corporate purposes.

Solarium Green Energy IPO: Key Dates, Allotment, Listing Date

Solarium Green Energy IPO Subscription Status Live

 Solarium Green Energy IPO subscription status will be available after the IPO opens on February 6, 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

Solarium Green Energy IPO Promoter Holdings

Solarium Green Energy IPO promoters are Ankit Garg, and Pankaj Vallabhbhai Gothi. The promoters' shareholdings before the IPO were 78.50%; however, after the IPO, shareholdings will decline.

Solarium Green Energy Limited Company Financials

Solarium Green Energy Limited posted revenue of Rs 177.81 crore and net profit of Rs 15.59 crore for the period ending on 31 March 2024. The company’s revenue increased from Rs

177.81 cr to Rs 82.34 cr. The net profit increased from Rs 15.59 crore to Rs 7.55 crore between the FY ending on 31 March 2023 and 30 Sep 2024.

Solarium Green Energy IPO Registrar

Solarium Green Energy IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Solarium Green Energy IPO Lead Managers