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  1. ACME Solar Holdings IPO allotment finalised: How to check status online on KFin Technologies, NSE, BSE

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ACME Solar Holdings IPO allotment finalised: How to check status online on KFin Technologies, NSE, BSE

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2 min read | Updated on November 12, 2024, 07:33 IST

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SUMMARY

ACME Solar Holdings IPO allotment status finalised: The share allotment status of ACME Solar Holdings Ltd is available on the websites of the BSE, the NSE, and the registrar KFin Technologies.

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ACME Solar Holdings Ltd develops, operates and maintains utility-scale renewable energy projects.

ACME Solar Holdings IPO allotment status finalised: The share allotment status of renewable energy firm ACME Solar Holdings Ltd was finalised on Monday, November 11. Investors who placed bids for the initial public offering can visit the NSE, the BSE, and registrar KFin Technologies websites to check the allotment status.

During the November 6 to November 8 bidding window, the initial share sale was subscribed 2.75 times, according to data available with the NSE portal.

The qualified institutional buyers (QIBs) quota attracted 3.54 times the subscription, the retail portion mopped up 3.10 times the subscription, while the non-institutional investors (NIIs) part fetched 97% subscription.
The ₹2,900 crore ACME Solar Holdings IPO, with a price band of ₹275 to ₹289 per share, was a new offering of shares worth ₹2,395 crore and an offer-for-sale of ₹505 crore. The money raised will be used for debt payment and general corporate purposes.

ACME Solar Holdings IPO allotment: How to check status online on KFin Technologies

  • Visit the IPO allotment status page of Kfin Technologies- https://ris.kfintech.com/ipostatus/
  • Select any one server link to check the IPO allotment status
  • Select 'ACME Solar Holdings Ltd' from the drop-down list of IPO names
  • Enter details such as application number, PAN, DP/Client ID and Account number/IFSC
  • Click on the 'Submit'.

ACME Solar IPO allotment: Steps to check status online on NSE

One can also check ACME Solar Holdings IPO allotment on the BSE website.

ACME Solar Holdings IPO listing date

The shares will be transferred to the Demat account of successful investors on Tuesday, November 12. The ACME Solar IPO listing date on the BSE and the NSE is Wednesday, November 13.

The company develops, builds, operates and maintains utility-scale renewable energy projects with the help of its in-house engineering, procurement and construction (EPC) unit and its operation and maintenance (O&M) team. It generates revenue by selling electricity to off-takers such as central and state government-backed entities.

To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.
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About The Author

WhatsApp Image 2024-06-20 at 9.58.49 AM.jpeg
Kamal Joshi is a business journalist who covers industries, markets and IPOs. He is passionate about breaking news and enjoys playing tennis, where he loves flexing his backhand.

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