What are the open and close dates of the Solarium Green Energy IPO ?

Solarium Green Energy IPO will be open between 2025-02-06 and 2025-02-10.

What is the allotment date for the Solarium Green Energy IPO ?

Solarium Green Energy IPO allotment date is 2025-02-12. For Solarium Green Energy IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Solarium Green Energy IPO ?

For Solarium Green Energy IPO, the IPO registrar is LINK INTIME INDIA PRIVATE LIMITED. You can check Solarium Green Energy IPO allotment status on the website of the registrar.

Where is the Solarium Green Energy IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.

When will Solarium Green Energy IPO shares be credited to your demat account?

The Solarium Green Energy IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

What is the lot size and minimum order quantity of the Solarium Green Energy IPO ?

The Solarium Green Energy IPO lot size is 600 and minimum order quantity is 600.

What is the price band for the Solarium Green Energy IPO ?

Solarium Green Energy IPO has set the price band for its IPO at 191 per equity share with a face value of 10.

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IPO

8.03x

subscribed

Solarium Green Energy IPO

Power Generation/Distribution

listed

₹1.09LMin. investment

Pre-apply
4 Feb
Bid start
6 Feb
Bid end
10 Feb
Allotment
11 Feb
Release of funds
12 Feb
Demat transfer
12 Feb
Listing
13 Feb

Solarium Green Energy Limited IPO Details

Issue size

₹105Cr

IPO type

SME

Market Cap

₹398.23CrLower than sector avg

Price range

₹181 – ₹191

Listing ExchangeBSE

RevenueApr 2023 - Mar 2024

₹177.39CrLower than sector avg

Lot size

600 shares

Red Herring Prospectus

Read

Growth rate3Y CAGR

1.96%Higher than sector avg

SectorPower Generation/Distribution

Price range₹181 – ₹191

IPO type

SME

Lot size600 shares

Issue size₹105Cr

Red Herring Prospectus

Read

Market Cap

₹398.23CrLower than sector avg

RevenueApr 2023 - Mar 2024

₹177.39CrLower than sector avg

Growth rate3Y CAGR

1.96%Higher than sector avg

Checklist

Quality analysis

Revenue growth

Company valuation

Earnings expansion

Risk analysis

Debt to Equity ratio

Promoter holdings

Shares pledged

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue

Higher revenue means strong sales and good market demand

This IPO

₹177.39Cr

This sector

₹7,783.3Cr

Compare with companies

3Y growth

Strong 3-year growth shows consistent progress and potential

This IPO

1.96%

This sector

0.01%

Compare with companies

PAT

Higher PAT means strong profitability and efficient cost management

This IPO

₹15.58Cr

This sector

₹1,281.2Cr

Compare with companies

Market cap

Higher market cap means strong confidence but may suggest overvaluation

This IPO

₹398.23Cr

This sector

₹38,103.65Cr

Compare with companies

P/E ratio

Lower ratio usually means stock is undervalued

This IPO

18.38

This sector

45.35

Compare with companies

D/E ratio

Lower ratio usually means fewer liabilities

This IPO

1.51

This sector

2.10

Compare with companies

Objectives

Working capital requirements

The company will allocate ₹71 Cr for its own working capital needs.

General corporate purposes

The company will use part of its net IPO proceeds for general corporate purposes.

About Solarium Green Energy Limited

Solarium Green Energy Limited, led by promoters Mr. Ankit Garg and Mr. Pankaj Vallabhbhai Gothi, is a key player in the renewable energy sector. Founded in 2018, the company initially produced polycrystalline solar panels but shifted focus to providing solar and hybrid solutions due to regulatory changes in 2024. It offers turnkey EPC services, including site assessments, technology evaluations, engineering, and O&M services. With over 11,000 residential projects completed, it has expanded its presence across multiple states in India, competing in government tenders worth ₹88,536.59 Lakhs.

Solarium Green Energy IPO Subscription Status

Date	QIB	NII	Retail	Total
06-Feb-25	1.96 times (X)	0.35 times (X)	0.74 times (X)	1.0 times (X)
07-Feb-25	2.71X	0.62X	1.38X	1.6X
10-Feb-25	8.55X	14.84X	4.8X	8.03X

Latest News on Solarium Green Energy IPO

Upcoming SME IPO: Solarium Green Energy Limited, a company specializing in turnkey solar solutions, has filed its Draft Red Herring Prospectus (DRHP) with the BSE SME platform, setting the stage for its initial public offering (IPO), as per an exchange filing on September 12.The company plans to issue up to 55,00,000 equity shares in the IPO.

Solarium Green Energy IPO offer size is not known. However, the company plans to issue up to 55 lakh equity shares to the public offer, as per the DRHP.

2 min read

Considering that the minimum bid quantity to apply for the Solarium Green Energy IPO was 600 shares, successful bidders who were allotted shares of the company in the primary issue would have been sitting on listing gains of ₹6,600 per lot (₹11 x 600).

3 min read

Frequently asked questions

How to invest in the Solarium Green Energy IPO ?

Investors can apply for the Solarium Green Energy IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Solarium Green Energy IPO ?

The issue size of the Solarium Green Energy IPO is 105 Cr.

What is 'pre-apply' for Solarium Green Energy IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Solarium Green Energy IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.