Solarium Green Energy Ltd
Price Range
₹181 - ₹191
-
Min. Quantity
600 Shares
Closes on
10 February 2025
-
Min. investment
₹1,14,600
Solarium Green Energy Ltd IPO Timeline
Solarium Green Energy Limited was originally formed as a Limited Liability Partnership in the name and style of Solarium Green Energy LLP, on December 17, 2015, vide certificate of incorporation issued by Registrar of Companies, Ahmedabad. Solarium Green Energy LLP was converted to a Private Limited Company under the name of Solarium Green Energy Private Limited and received certificate of incorporation from Central registration Center, Registrar of Companies dated February 24, 2022. Subsequently, Company was converted into a public limited company and the name of Company was changed to Solarium Green Energy Limited and a fresh certificate of incorporation dated June 21, 2024, was issued by the Central Processing Centre, Registrar of Companies.
| Event | Date |
|---|---|
| Solarium Green Energy Ltd IPO Opening Date | 6 February 2025 |
| Solarium Green Energy Ltd IPO Closing Date | 10 February 2025 |
| Basis of Allotment | 11 February 2025 |
| Initiation of Refunds | 12 February 2025 |
| Credit of Shares to Demat | 12 February 2025 |
| Solarium Green Energy Ltd IPO Listing Date | 13 February 2025 |
Solarium Green Energy Ltd IPO Details
| Solarium Green Energy Ltd IPO Date | 6 February 2025 to 10 February 2025 |
| Solarium Green Energy Ltd IPO Face Value | ₹10 per share |
| Solarium Green Energy Ltd IPO Price | ₹181 to ₹191 per share |
| Solarium Green Energy Ltd IPO Lot Size | 600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹105.04 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹105.04 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | BSE - SME |
| QIB Shares Offered | Not more than 10,42,800 of the Net Offer |
| Retail Shares Offered | Not less than 18,24,600 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 7,82,400 of the Net Offer |
| Company Promoters | Ankit Garg, Pankaj Vallabhbhai Gothi, Aditya Goyal |
Solarium Green Energy Ltd IPO Lot Size
The Solarium Green Energy Ltd IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹1,14,600).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 600 | ₹1,14,600 |
| Maximum | 1 | 600 | ₹1,14,600 |
- Strengths
- Risks
- Opportunities
- 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.
Company Financials
Solarium Green Energy Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 77.21 | 177.81 | 15.59 |
| 03-2023 | 44.37 | 98.92 | 1.74 |
| 03-2022 | 31.81 | 167.89 | 2.05 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirements
- General corporate purposes
Solarium Green Energy Ltd IPO Promoter Holding
| Pre Issue Share Holding | 34.2% |
| Post Issue Share Holding | 25.18% |
Solarium Green Energy Ltd IPO Subscription Status (Bidding Detail)
The Solarium Green Energy Ltd IPO is subscribed 5.9247 times on 10 February 2025 05:00:00 PM. The public issue subscribed 5.076 times in the retail category, 8.5524 times in the QIB category, and 18.4095 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 8.5524 | 18.4095 | 5.076 | - | 5.9247 |
Solarium Green Energy Ltd IPO Prospectus
Solarium Green Energy Ltd IPO Listing Date
| BSE Script | 544354 |
| NSE Symbol | - |
| Listing In | BSE - SME |
| ISIN | INE0W0H01017 |
| IPO Price | ₹191 |
| Face Value | ₹10 |
Company Contact Information
B-1208 World Trade TowersB/H Skoda Showroom Makarba,Ahmedabad-380051
Phone: +91 90165 49999
Email: investor@solariumenergy.in
Website: www.solariumenergy.in
Solarium Green Energy Ltd IPO Registrar
Solarium Green Energy Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Solarium Green Energy Ltd IPO?
I have pre-applied for Solarium Green Energy Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.