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Solarium Green Energy Ltd.

Solarium Green Energy Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹191
₹191
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹191
Based on GMP
Min. Investment
₹114,600
1 lot × 600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
06 Feb 2025
Close Date
10 Feb 2025
Allotment
11 Feb 2025
Listing Date
13 Feb 2025
Exchange
BSE SME
Price Band
₹191
Listing Price
See chart
Allotment Status
Price Band
₹191
Per share
Face Value
₹10 per share
 
Lot Size
600 Shares
per lot
Issue Size
54,99,600 shares (aggregating up to ₹105.04 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹114,600
1 lot
Pre-IPO Holding
1,53,50,000 shares
Promoters
Post-IPO Holding
2,08,49,600 shares
Promoters
P/E (Pre)
18.81x
 
P/E (Post)
26.36x
 
EPS (Pre)
₹10.16
 
EPS (Post)
₹7.25
 
UPI Deadline
2025-02-10
Mandate
Anchor AllotmentWed, 05 Feb 2025
Basis of AllotmentTue, 11 Feb 2025
Refund InitiationWed, 12 Feb 2025
Demat CreditWed, 12 Feb 2025
Listing DayThu, 13 Feb 2025
UPI Mandate Deadline2025-02-10
Sale TypeFresh Capital
Net Offer to Public52,12,800 shares (aggregating up to ₹99.56 Cr)
Market Maker Quota2,86,800 shares (aggregating up to ₹5.48 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Solarium Green Energy Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 10 Feb 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
286,800
₹5.48
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,499,600
100% ₹105.04
IPO Shares Offered
Solarium Green Energy Ltd. IPO total issue size: ₹105.04 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 286,800 ₹5.48
5.21%
Total 5,499,600 ₹105.04
100.00%
* Based on upper price band ₹191 per share
Lot Size & Investment
Lot Size
600
Shares per Lot
Issue Price
₹191.00
Upper Band
Min Investment
₹114,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,200₹229,200
Retail (Max — 13 Lots)137,800₹1,489,800
S-HNI (Min — 14 Lots)148,400₹1,604,400
B-HNI (Min — 68 Lots)6840,800₹7,792,800
* Issue Price ₹191 × Lot Size 600 shares
IPO Schedule
Anchor
05 Feb 2025
✓ Done
IPO Open
06 Feb 2025
✓ Done
IPO Close
10 Feb 2025
✓ Done
Allotment
11 Feb 2025
✓ Done
Refunds
12 Feb 2025
✓ Done
Demat Credit
12 Feb 2025
✓ Done
Listing Day
13 Feb 2025
✓ Done
Solarium Green Energy Ltd. — Live Price LIVE
₹191.00
INR · BSE
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Issue ₹191.00 Live Price
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 projectsDiversified Portfolio with strong domestic presenceStrong relationship with customers and suppliersExperienced management team with industry expertise
Objects of the Issue
1
To Meet Working Capital Requirements
2
General Corporate Purposes
Solarium Green Energy Ltd. Financials (Amount in ₹ Crores)
Revenue from Operations
₹98.9
31 Mar 2023
₹177.8
31 Mar 2024
₹82.3
30 Sep 2024
Profit After Tax (PAT)
₹1.7
31 Mar 2023
₹15.6
31 Mar 2024
₹7.6
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 82.34 177.81 98.93
EBITDA N/A N/A N/A
Profit After Tax (PAT) 7.55 15.59 1.74
Net Worth 33.13 20.33 4.74
Total Assets 95.25 77.21 44.37
Reserves & Surplus 17.78 17.33 1.74
Borrowings 33.47 30.76 26.72
EBITDA Margin (%) N/A
PAT Margin (%) 8.79%
P/BV Ratio
14.10
RoE
124.38%
RoCE
54.18%
RoNW
76.69%
PAT Margin
8.79%
Debt/Equity
1.51
Issue Structure & Shareholding
Total Shares Offered54,99,600 (100.00%)
Net Offer to Public52,12,800 shares (aggregating up to ₹99.56 Cr)
Reserved for Market Maker2,86,800 shares (aggregating up to ₹5.48 Cr)
Pre-Issue Promoter Holding1,53,50,000 shares
Post-Issue Promoter Holding2,08,49,600 shares
P/BV Ratio14.10
RoE124.38%
RoCE54.18%
Debt / Equity1.51
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Solarium Green Energy Ltd. IPO subscribed?

Solarium Green Energy Ltd. IPO is subscribed 1.00 times by Feb 10, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Solarium Green Energy Ltd. IPO retail subscription status?

The Solarium Green Energy Ltd. IPO retail category is subscribed 1.00 times as of 10 Feb 2025. The retail portion is oversubscribed.

How to subscribe Solarium Green Energy Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 06 Feb 2025 and closes 10 Feb 2025. Min investment: ₹114,600 (1 lot = 600 shares). UPI mandate: 2025-02-10.

How many times Solarium Green Energy Ltd. IPO subscribed?

The Solarium Green Energy Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Solarium Green Energy Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Feb 2025. Refunds: on 12 Feb 2025.

When Solarium Green Energy Ltd. IPO will be listed?

The Solarium Green Energy Ltd. IPO listing date is 13 Feb 2025, Thursday. Listed on: BSE SME. Issue price: ₹191. Estimated listing: ₹191. GMP: NIL.

When Solarium Green Energy Ltd. IPO close?

The Solarium Green Energy Ltd. IPO closes on 10 Feb 2025, Monday. UPI mandate: 2025-02-10. Allotment: 11 Feb 2025. Listing: 13 Feb 2025.