Solarium Green IPO Allotment Status: Check Latest GMP, Steps To Verify Status

Established in 2015, Solarium Green Energy Limited specializes in providing comprehensive solar energy solutions. The subscription window for the IPO opened on February 6, 2025 and closed on February 10, 2025. 

Solarium Green IPO Allotment Status Online

Check Solarium Green IPO Allotment Status on BSE 

1. Open the Application Status page of BSE here
2. Choose 'equity' as the issue type. 
3. Select 'Solarium Green' from the list of companies. 
4. Enter your IPO application number or PAN details. 
5. Verify the captcha by clicking on the 'I am not a Robot' box. 
6. Click on the submit button to check the details of the share allotment. 

Check Solarium Green IPO Allotment Status On Link Intime India

1. Visit the IPO allotment page on Link Intime India here.
2. From the dropdown menu, select 'Solarium Green'. 
3. Choose from PAN, Application Number, DP/Client ID or Account Number/IFSC to view your allotment status. 
4. Enter the required details based on your selection. 
5. Hit 'Submit' to check the allotment status.

Solarium Green IPO Details

Solarium Green's IPO is a book-built issue, raising ₹105.04 crores entirely through a fresh issue of 55 lakh shares. The IPO is priced in the range of ₹181 to ₹191 per share. Investors can apply with a minimum lot size of 600 shares, requiring a retail investment of at least ₹1,14,600, while High Net-worth Individuals (HNIs) must invest in a minimum of two lots (1,200 shares), amounting to ₹2,29,200.

Use of Proceeds

The company plans to allocate the IPO proceeds primarily to fulfill its working capital requirements and support general corporate initiatives.

Solarium Green IPO Overall Subscription Status 

(February 10, 2025, End of Day)

Solarium Green IPO was subscribed 8.75 times overall.
The retail category saw a subscription of  4.9 times, while Qualified Institutional Buyers (QIBs) subscribed 8.51 times. The Non-Institutional Investors (NII) category was subscribed 18.04 times. 

GMP (Grey Market Premium) Details

As per NDTV Profit, as of February 11, 2025, the latest Grey Market Premium (GMP) for Solarium Green SME IPO stands at ₹9. The estimated listing price stood at ₹200, with a projected percentage change of 4.71%.

Disclaimer: The GMP (Grey Market Premium) price is unauthenticated market-related news and has no discernible basis. The same quoted above is as per news that appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade or deal in the grey market nor do we recommend or endorse trading in the grey market.

Solarium Green Business Overview

Established in 2015, Solarium Green Energy Limited specializes in providing comprehensive solar energy solutions. The company delivers end-to-end services, including design, engineering, procurement, construction, testing, commissioning, and maintenance of solar power systems for residential, commercial, industrial, and government projects. Its expertise lies in turnkey EPC (Engineering, Procurement, and Commissioning) contracts, managing every aspect from site assessment and technology selection to supply chain coordination, construction, logistics, workforce deployment, financial planning, and warranty services.

Disclaimer: Investing in SME IPOs involves a high degree of risk. Such investments may be suitable only for investors with a high-risk tolerance and the ability to bear potential losses. Perform thorough due diligence and consult a financial advisor before investing. Invest wisely and at your own discretion.