Solarium Green Energy IPO

Listed Listed stocks

Solarium Green Energy IPO Details

  • Bidding 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 /--

About Solarium Green Energy Company

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.

Subscription Status

  • Category

    Status

  • QIBs

    8.6x

  • NIIs

    13.5x

  • Retail

    5x

  • Others

    --

  • Total

    8.3x

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FAQs for Solarium Green Energy IPO.

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