ACME Solar Holdings Ltd IPO

Listed Listed stocks

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 The 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

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FAQs for ACME Solar Holdings Ltd.

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

ACME Solar Holdings Ltd falls into Power Generation industry.

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

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

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

The listing date of ACME Solar Holdings Ltd 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 Ltd total subscription ratio is 2.8X.

Key financial of the ACME Solar Holdings Ltd are:


ACME Solar Holdings Ltd FY-24 FY-23 FY-22
Revenue (₹ Cr) 1319.3 1294.9 1487.9
EBIT (₹ Cr) 781.1 687.8 694
Proft after Tax (₹ Cr) 697.8 -3.2 62
Debt (₹ Cr) 8217.6 8657.4 7563.6
Net Worth (₹ Cr) 2590.9 1930.5 2009.2
RoE (%) 26.93 -0.17 3.09