The ACME Solar Holdings IPO opened on 6 November 2024 and will close on 8 November 2024. The IPO price range is set at ₹275 – ₹289 per share, with a lot size of 51 shares. The minimum investment required is ₹14,025 for one lot at the lower end of the price range and The Maximum investment required is ₹14,739 for one lot.
The issue size for ACME Solar Holdings IPO is ₹2,900 Crores. Retail investors can invest up to ₹2,00,000, while high-net-worth individuals (HNIs) can invest up to ₹5,00,000 in this IPO. The ACME Solar Holdings IPO allotment date is expected on November 11, 2024, and shares are likely to be listed on NSE and BSE on November 13, 2024.
ACME Solar Holdings IPO GMP
As of 6 November 2024, there is ₹5-₹10 reported grey market premium (GMP) for ACME Solar Holdings IPO. GMP may fluctuate closer to the listing date based on market demand and conditions.
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ACME Solar Holdings IPO Price Range
The price range for ACME Solar Holdings IPO is ₹275 – ₹289 per equity share.
ACME Solar Holdings IPO Issue Size
The total issue size for ACME Solar Holdings IPO is ₹2,900 Crores.
ACME Solar Holdings IPO Allotment and Listing Date
The allotment date is set for November 11, 2024, and the shares are expected to be listed on NSE and BSE on November 13, 2024.
ACME Solar Holdings IPO Financials
Revenue
ACME Solar Holdings’ revenue has shown significant growth:
- 2022: ₹1,487.90 Crores
- 2023: ₹1,294.90 Crores
- 2024: ₹1,319.25 Crores
Profit
- 2022: ₹62.01 Crores
- 2023: ₹-3.17 Crores
- 2024: ₹698.23 Crores
Assets
- 2022: ₹10,886.72 Crores
- 2023: ₹12,186.95 Crores
- 2024: ₹13,394.13 Crores
About ACME Solar Holdings
ACME Solar Holdings Ltd is one of the prominent renewable energy companies operating in India and is in to generation of solar power. Despite being a relatively recent company, ACME Solar has been dedicated to making sustainable impact across the country and helping India meet its clean energy goals. The company’s plans to grow its solar projects and establish itself in the renewable energy market with the help of the IPO proceeds. Nikhil Dhingra is the Whole-Time Director and Chief Executive Officer of ACME Solar Holdings.
What are the ACME Solar Holdings IPO dates?
The IPO is open from November 6 to November 8, 2024.
What is the price band of the ACME Solar Holdings IPO?
The price band is set between ₹275 and ₹289 per share.
Who are the key investors in ACME Solar Holdings IPO?
Abu Dhabi Investment Authority, Goldman Sachs, Morgan Stanley, Nomura, Societe Generale, HSBC Global, BNP Paribas Funds, CLSA Global, Eastspring Investments.
How much is ACME Solar Holdings Ltd aiming to raise?
ACME Solar Holdings Ltd. aims to raise approximately ₹2,900 crore.