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Solarium Green Energy Ltd IPO
BSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹191
Issue Price
₹191
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹191
GMP based
Lot Size
600
shares / lot
Min Amount
₹114,600
1 lot · 600 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
06 Feb 2025
Thu Completed
Done
Close Date
10 Feb 2025
Mon Completed
Done
Allotment
11 Feb 2025
Tue Completed
Done
Refund
12 Feb 2025
Wed Completed
Done
Demat Credit
12 Feb 2025
Wed Completed
Done
Listing Date
13 Feb 2025
Thu Completed
UPI Deadline: 10 Feb 2025
Issue Details
Pricing & Size
Issue Price
₹191 Face ₹10
Lot Size
600 shares
Min Investment
₹114,600
Total Issue Size
54,99,600 shares (aggregating up to ₹105.04 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,86,800 (5.21%)
QIB Portion
26,05,800 (47.38%)
NII / HNI
7,82,400 (14.23%)
Retail
18,24,600 (33.18%)
Employee
-
Net Offer to Public
52,12,800 shares (aggregating up to ₹99.56 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,53,50,000 shares
Post-Issue Shareholding
2,08,49,600 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 600 ₹1,14,600
HNI / NII 2 1,200 ₹2,29,200
Objects of Issue
2 objectives
1
To Meet Working Capital Requirements
2
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
Market Maker
Spread X Securities Pvt.Ltd
IPO Timeline
Open
06 Feb
✓ Done
Close
10 Feb
✓ Done
Allotment
11 Feb
✓ Done
Listing
13 Feb
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
solarium.smeipo@linkintime.co.in
Company Contact
Email
investor@solariumenergy.in
Phone
+91 91065 49999
Address
B-1208 World Trade Tower, B/H Skoda Showroom, Makarba, Ahmedabad 380051 Ahmedabad, Gujarat
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹191
Est. Listing
₹191
Lot Size
600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Solarium Green Energy Ltd LIVE
INR ·
vs Issue
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High
Low
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P/E
52W H
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| Price
Market Reference
IPO Issue Price
₹191
GMP
+₹0 (+0%)
GMP Est. Listing
₹191
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 26,05,800 (47.38%) ₹4,977.08 Cr
NII / HNI (Total) 7,82,400 (14.23%) ₹1,494.38 Cr
Retail Investors 18,24,600 (33.18%) ₹3,484.99 Cr
Total ** 54,99,600 (100.00%) ₹105,042.36 Cr
Market Maker * 2,86,800 (5.21%) ₹54.78 Cr
* Based on ₹191.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
26,05,800 (47.38%)
NII
7,82,400 (14.23%)
Retail
18,24,600 (33.18%)
Market Maker
2,86,800 (5.21%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Sep 202431 Mar 202431 Mar 2023
Revenue82.34177.8198.93
PAT7.5515.591.74
EBITDA
Net Worth33.1320.334.74
Total Assets95.2577.2144.37
Reserves17.7817.331.74
Borrowings33.4730.7626.72
Key Financial Ratios
124.38%
ROE
Return on Equity
54.18%
ROCE
Return on Capital Employed
76.69%
RONW
Return on Net Worth
8.79%
PAT Margin
PAT / Revenue
1.51
D/E Ratio
Debt to Equity
14.10
P/BV
Price to Book Value
10.16
Pre EPS
EPS Pre-Issue
7.25
Post EPS
EPS Post-Issue
18.81
Pre P/E
P/E Pre-Issue
26.36
Post P/E
P/E Post-Issue
About Solarium Green Energy Ltd

Incorporated in 2015, Solarium Green Energy Limited is engaged in the business of Solar Solutions.

The company provides turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and Operation & Maintenance for residential, commercial, industrial, and government solar projects.

The company offers turnkey EPC (Engineering, Procurement, and Commissioning) contracts, covering site assessment, technology evaluation, engineering, supply chain management, construction, logistics, manpower, financial planning, and warranties for solar projects.

Business Model:

  • Turnkey Solutions for Solar Projects: The company provides residential rooftop solar installations, C& rooftopand ground-mounted projects, and government tenders for various renewable energy systems, including hybrid solutions and grid-connected installations.
  • Sale of Solar Products: The company supplies solar products, including PV modules, inverters, and ABT meters, procure items from accredited vendors, and previously manufactured polycrystalline solar modules for turnkey projects and direct client supply.

The company has completed 11,195 residential, 172 Commercial and Industrial, and 17 government solar projects in the past three years.

As of September 30, 2024, the company employs 253 people.

Competitive Strengths:

  • Scaled and integrated operations for renewable energy projects
  • Diversified Portfolio with strong domestic presence
  • Strong relationship with customers and suppliers
  • Experienced management team with industry expertise
Frequently Asked Questions
What is the issue price of Solarium Green Energy Ltd IPO?
The issue price of Solarium Green Energy Ltd IPO is ₹191 per share, face value ₹10.
What is the lot size?
Minimum lot size is 600 shares, requiring ₹114,600.
What are the IPO dates?
Opens 06 Feb 2025, closes 10 Feb 2025.
When is the listing date?
Tentative listing: 13 Feb 2025 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹191 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Solarium Green Energy Ltd IPO · Expected 11 Feb 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
11 Feb 2025
Refund Initiation
12 Feb 2025
Demat Credit
12 Feb 2025
Listing Date
13 Feb 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹191
Face ₹10
Lot Size
600
shares / lot
Min Amount
₹114,600
1 lot
Est. Listing
₹191
GMP +₹0
Key Dates
Open
06 Feb Done
Close
10 Feb Done
Listing
13 Feb Done
Registrar
MUFG Intime India Pvt.Ltd
A
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