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ACME Solar Holdings Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹289
Issue Price
₹289
Face ₹2
GMP
+₹0
+0% premium
Est. Listing
₹289
GMP based
Lot Size
51
shares / lot
Min Amount
₹14,739
1 lot · 51 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
06 Nov 2024
Wed Completed
Done
Close Date
08 Nov 2024
Fri Completed
Done
Allotment
11 Nov 2024
Mon Completed
Done
Refund
12 Nov 2024
Tue Completed
Done
Demat Credit
12 Nov 2024
Tue Completed
Done
Listing Date
13 Nov 2024
Wed Completed
UPI Deadline: 08 Nov 2024
Issue Details
Pricing & Size
Issue Price
₹289 Face ₹2
Lot Size
51 shares
Min Investment
₹14,739
Total Issue Size
10,03,53,919 shares (aggregating up to ₹2,900.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
7,50,00,001 (74.71%)
NII / HNI
1,49,99,999 (14.94%)
Retail
99,99,999 (9.96%)
Employee
3,81,679 (0.38%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
52,22,07,910 shares
Post-Issue Shareholding
60,50,79,883 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 51 ₹14,739
HNI / NII 14 714 ₹2,06,346
bHNI / bNII 68 3,468 ₹10,02,252
Objects of Issue
2 objectives
1
Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Subsidiaries; and
2
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Nuvama Wealth Management Ltd.
ICICI Securities Ltd.
JM Financial Ltd.
Kotak Mahindra Capital Co.Ltd.
Motilal Oswal Investment Advisors Ltd.
IPO Timeline
Open
06 Nov
✓ Done
Close
08 Nov
✓ Done
Allotment
11 Nov
✓ Done
Listing
13 Nov
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
acmesolar.ipo@kfintech.com
Company Contact
Email
cs.acme@acme.in
Phone
+91 1247117000
Address
Plot No. 152 Sector 44 Gurgaon, Haryana, 122002
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹289
Est. Listing
₹289
Lot Size
51 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
ACME Solar Holdings Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹289
GMP
+₹0 (+0%)
GMP Est. Listing
₹289
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 7,50,00,001 (74.71%) ₹216,750.01 Cr
NII / HNI (Total) 1,49,99,999 (14.94%) ₹43,350.00 Cr
Retail Investors 99,99,999 (9.96%) ₹2,890.00 Cr
Employee 3,81,679 (0.38%) ₹110.31 Cr
Total ** 10,03,81,678 (100.00%) ₹2,901,030.50 Cr
* Based on ₹289.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
7,50,00,001 (74.71%)
NII
1,49,99,999 (14.94%)
Retail
99,99,999 (9.96%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30 Jun 202431 Mar 202431 Mar 2023
Revenue340.011466.271361.37
PAT1.39697.78-3.17
EBITDA
Net Worth1942.122590.871900.56
Total Assets13985.1413394.1312186.95
Reserves1837.681836.431146.12
Borrowings9319.918217.598657.35
Key Financial Ratios
2.93
ROE
Return on Equity
0.07
RONW
Return on Net Worth
0.41%
PAT Margin
PAT / Revenue
3.89
D/E Ratio
Debt to Equity
7.77
P/BV
Price to Book Value
13.36
Pre EPS
EPS Pre-Issue
0.09
Post EPS
EPS Post-Issue
21.63
Pre P/E
P/E Pre-Issue
3147.37
Post P/E
P/E Post-Issue
About ACME Solar Holdings Ltd.

Incorporated In June 2015, Acme ACME Solar Holdings Limited is an Indian electricity producer from renewable energy sources. The company is one of the largest producers of electricity from wind and solar energy in India.

The company specializes in the development, construction, ownership, operation and maintenance of large-scale renewable energy projects. The company achieves this through its in-house engineering, procurement and construction (EPC) division and operations and maintenance (O&M) team. The company's revenue is generated by selling electricity to various customers, including plants supported by the central and state governments.

As of March 31, 2024, the company had a total operational project capacity of 1,320 MW (1,802 MWp) in solar power projects. In addition, it had a contracted project capacity of 1,650 MW, comprising 1,500 MW (2,192 MWp) of solar power projects and 150 MW of wind power projects. In addition, the awarded project capacity under construction amounted to 2,380 MW, consisting of 300 MW of solar power projects, 830 MW of hybrid power projects and 1,250 MW of FDRE power projects.

Competitive strengths

  • Largest renewable energy company with strong industry growth in the IPP business;
  • End-to-end value chain and integrated approach to renewable energy project development through in-house project development, EPC and O&M teams;
  • An expansive portfolio diversified across different renewable energy technologies;
  • Long-term stable cash flows based on contracts with central and state government agencies;
  • Access to diversified funding sources;
  • Design and value engineering leading to greater efficiency; and
  • Experienced promoters and management team

As of March 31, 2024, the company had 214 permanent employees in various departments.

Frequently Asked Questions
What is the issue price of ACME Solar Holdings Ltd. IPO?
The issue price of ACME Solar Holdings Ltd. IPO is ₹289 per share, face value ₹2.
What is the lot size?
Minimum lot size is 51 shares, requiring ₹14,739.
What are the IPO dates?
Opens 06 Nov 2024, closes 08 Nov 2024.
When is the listing date?
Tentative listing: 13 Nov 2024 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹289 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

ACME Solar Holdings Ltd. IPO · Expected 11 Nov 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
11 Nov 2024
Refund Initiation
12 Nov 2024
Demat Credit
12 Nov 2024
Listing Date
13 Nov 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹289
Face ₹2
Lot Size
51
shares / lot
Min Amount
₹14,739
1 lot
Est. Listing
₹289
GMP +₹0
Key Dates
Open
06 Nov Done
Close
08 Nov Done
Listing
13 Nov Done
Registrar
Kfin Technologies Ltd.
A
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