Recently Viewed
Clear AllBidding Date
06-Feb-2025 to
10-Feb-2025
Issue Size
₹105.04 Cr
Price Band
₹181 to ₹191
Allotment date
11-Feb-2025
Listing date
13-Feb-2025
Lot size
600
No. of shares
54,99,600
Fresh issue/OFS
₹105.04 Cr /--
Solarium Green Energy Limited was originally established as Solarium Green Energy LLP on December 17, 2015. The company is engaged in providing Turnkey Solar Solutions, which include Design, engineering, procurement, construction, testing, and commissioning of solar power plants along with development of residential rooftop, commercial & industrial (C&I) rooftop, ground-mounted, and government solar projects. They also provide Operations and Maintenance (O&M) services, covering testing, cleaning, repair, and replacement of solar components. The Sale of solar products segment includes Solar PV Modules, Solar PV Inverters, Availability-Based Tariff (ABT) Meters, and other solar-related equipment. Although Solarium Green Energy previously had its own manufacturing facility for polycrystalline solar panels in Bhamsara - Bavla, Gujarat, the company halted its manufacturing operations in February 2024 due to non-inclusion in the Approved List of Models and Manufacturers (ALMM). The company generates revenue exclusively from domestic operations, with a strong presence in Gujarat, Maharashtra, Delhi, Rajasthan, Jammu & Kashmir, Uttar Pradesh, and other states.
Category
Status
QIBs
8.6x
NIIs
13.5x
Retail
5x
Others
--
Total
8.3x
The issue size of Solarium Green Energy is ₹105.04 Cr.
Solarium Green Energy falls into Utilities industry.
The Solarium Green Energy IPO will be listed on NSE.
The open and close dates for the Solarium Green Energy are 06-Feb-2025 & 10-Feb-2025.
The price band for the Solarium Green Energy ipo is ₹181 to ₹191
The listing date of Solarium Green Energy IPO is 13-Feb-2025.
The purpose of this IPO is to raise fresh capital.
Solarium Green Energy total subscription ratio is 8.3X.
Key financial of the Solarium Green Energy are:
| Solarium Green Energy | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 177.4 | 98.79 | 167.37 |
| EBIT (₹ Cr) | 23.58 | 4.34 | 3.64 |
| Proft after Tax (₹ Cr) | 15.74 | 1.74 | 2.05 |
| Debt (₹ Cr) | 31.81 | 26.73 | 14.8 |
| Net Worth (₹ Cr) | 20.53 | 4.74 | 3 |
| RoE (%) | 76.69 | 36.71 | 68.33 |