Solarium Green Energy IPO
ListedSolarium Green Energy IPO Details
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Bidding Date
06-Feb-2025 to
10-Feb-2025 -
Issue Size
₹105.04 Cr
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Price Band
₹181 to ₹191
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Allotment date
11-Feb-2025
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Listing date
13-Feb-2025
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Lot size
600
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No. of shares
54,99,600
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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
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Category
Status
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QIBs
8.6x
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NIIs
13.5x
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Retail
5x
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Others
--
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Total
8.3x
FAQs for Solarium Green Energy IPO.
What is the issue size of Solarium Green Energy IPO?
The issue size of Solarium Green Energy is ₹105.04 Cr.
What is the industry of Solarium Green Energy?
Solarium Green Energy falls into Utilities industry.
Where Solarium Green Energy IPO will be listed?
The Solarium Green Energy IPO will be listed on NSE.
What are the open and close dates for the Solarium Green Energy IPO?
The open and close dates for the Solarium Green Energy are 06-Feb-2025 & 10-Feb-2025.
What are the price band for Solarium Green Energy IPO?
The price band for the Solarium Green Energy ipo is ₹181 to ₹191
What is the listing date of Solarium Green Energy IPO?
The listing date of Solarium Green Energy IPO is 13-Feb-2025.
What is the purpose for the Solarium Green Energy IPO?
The purpose of this IPO is to raise fresh capital.
How much times Solarium Green Energy IPO subscribed?
Solarium Green Energy total subscription ratio is 8.3X.
What are the key financials for the Solarium Green Energy IPO?
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 |