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ACME SOLAR HOLDINGS LIMITED

Main Board

Issue Price

₹ 275-₹ 289

per equity share

Issue Size

5.82 crores

equity share

Face Value

₹ 2

per equity share

Market Lot

51

equity share

Please note

Listing at BSE ,NSE

ACME SOLAR HOLDINGS LIMITED

Important Dates

IPO Open Date

06 Nov 2024

IPO Close Date

08 Nov 2024

Allotment Date

11 Nov 2024

Initiation of Refunds

12 Nov 2024

Credit of Shares to Demat Account

12 Nov 2024

IPO Listing Date

13 Nov 2024

UPI Mandate Expiry Date

08 Nov 2024

IPO Details

ACME Solar Holdings IPO issue size is 5.82 crore equity shares. This IPO is a combination of a fresh issue and an offer for sale. The price band is decided at Rs 275 to Rs 289 per share. ACME Solar Holdings IPO 1 lot consists of 51 shares. The minimum investment for the retail category is to be around Rs 14,739. The allotment status will be released on Monday, November 11, 2024. The listing will be on the BSE, NSE platform on Wednesday, November 13, 2024. ACME Solar Holdings IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on Kfin Technologies and, select the name of the company and enter PAN number or application ID to know their allotment status.

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About ACME SOLAR HOLDINGS LIMITED

ACME Solar Holdings Limited was incorporated in 2015, is a renewable energy power producer in India. The company is one of the largest producers of power using Wind and Solar energies in India. ACME Solar Holdings specialises in developing, building, owning, operating, and maintaining large-scale renewable energy projects. We achieve this through our in-house engineering, procurement, and construction division, as well as our operation and maintenance team. Our revenue is generated by selling electricity to various off-takers, including entities backed by central and state governments. ACME Solar Holdings Competitive strength are:- 1) Company is largest renewable energy company with strong industry growth in its IPP business. 2) Expansive portfolio diversified across different renewable energy technologies. 3) End-to-end value chain capabilities and an integrated approach to developing renewable power projects by the in-house project development, EPC and O&M teams.

Parent Organisation

-

Founded

2015

Managing Director

Mamta Upadhyay, Manoj Kumar Upadhyay, ACME Cleantech Solutions Private Limited, MKU Holdings Private

IPO Objectives

ACME Solar Holdings IPO's objective is to raise money from the public issue. The funds will be utilised for the repayment of the past borrowing availed by the company. Also, the funds will be used for the investment in the subsidiary and fulfilling the general corporate purposes.

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
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