ACME Solar Holdings IPO

Listed Listed stocks

ACME Solar Holdings IPO Details

  • Bidding Date

    06-Nov-2024 to
    08-Nov-2024

  • Issue Size

    ₹2900 Cr

  • Price Band

    ₹275 to ₹289

  • Allotment date

    11-Nov-2024

  • Listing date

    13-Nov-2024

  • Lot size

    51

  • No. of shares

    10,03,46,020

  • Fresh issue/OFS

    ₹2395 Cr/₹505 Cr

About ACME Solar Holdings Company

The company was established in 2015 to consolidate the ACME Group’s renewable energy business. The company specializes in developing, building, owning, operating, and maintaining utility-scale renewable energy projects. Its portfolio includes solar, wind, hybrid, and firm and dispatchable renewable energy (FDRE) projects. The company operates primarily in the renewable energy sector, focusing on a diverse range of energy sources. As of June 30, 2024, it holds an operational project capacity of 1,340 MW in solar power alone, with substantial capacities under construction, including 3,250 MW across solar, wind, hybrid, and FDRE projects.

Read our in-depth analysis of the ACME Solar Holdings Ltd IPO Here indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    3.5x

  • NIIs

    1x

  • Retail

    3.1x

  • Others

    1.6x

  • Total

    2.8x

FAQs for ACME Solar Holdings IPO.

The issue size of ACME Solar Holdings is ₹2,900.00 Cr.

ACME Solar Holdings falls into Power Generation industry.

The ACME Solar Holdings IPO will be listed on both NSE and BSE.

The open and close dates for the ACME Solar Holdings are 06-Nov-2024 & 08-Nov-2024.

The price band for the ACME Solar Holdings ipo is ₹275 to ₹289

The listing date of ACME Solar Holdings IPO is 13-Nov-2024.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

ACME Solar Holdings total subscription ratio is 2.8X.

Key financial of the ACME Solar Holdings are:


ACME Solar Holdings FY-24 FY-23 FY-22
Revenue (₹ Cr) 1319.25 1294.9 1487.9
EBIT (₹ Cr) 781.04 687.88 694.17
Proft after Tax (₹ Cr) 697.78 -3.17 62.01
Debt (₹ Cr) 8217.59 8657.35 7563.6
Net Worth (₹ Cr) 2590.87 1930.46 2009.16
RoE (%) 26.93 -0.16 3.09