Solarium Green Energy IPO

Solarium Green Energy Ltd

₹1,08,600 /600 sharesMinimum Investment

Solarium Green Energy IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹191.00₹202.00₹11.00 (5.76%)

Solarium Green Energy IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
6 Feb ‘25 - 10 Feb ‘25₹1,08,600600₹181 - ₹191
Issue SizeIPO Doc
105.04Cr
RHP PDF

Subscription rate

As of 10 Feb'25, 05:00 PM
Qualified Institutional Buyers2.71x
Non-Institutional Investor1.48x
Retail Individual Investor2.42x
Total1.53x

About Solarium Green Energy

Solarium Green Energy is a provider of turnkey solar solutions, covering designing, engineering, procurement, construction, testing, commissioning, and operation and maintenance (O&M) of solar power plants. The company undertakes a variety of projects, including residential rooftop installations, commercial and industrial (C&I) rooftop and ground-mounted systems, as well as government projects. In addition to turnkey solutions, the company is also engaged in the sale of solar products such as solar photovoltaic (PV) modules, solar PV inverters, availability-based tariff (ABT) metres, and other related solar equipment. Use of proceeds: The IPO is a fresh issue of shares and the proceeds from the share sale will be utilised for: Fulfilling working capital requirements General corporate purposes;
Founded in
2015
Managing director
Mr. Ankit Garg
Parent organisation
Solarium Green Energy Ltd

Strengths & Financials of Solarium Green Energy

Strengths
Risks
The company holds BIS certification. The company is also ISO 9001:2015 certified for quality management systems, ISO 14001:2015 certified for environment management systems and ISO 45001:2018 certified for occupational health and safety (OH&S) management systems.
The company has developed, executed, and commissioned 11,195 residential rooftop projects, 172 projects in the commercial and industrial (C&I) rooftop and ground-mounted segment, and 17 government projects.
The company’s turnkey projects are spread across 10 states in India, including Gujarat, Delhi, Rajasthan, Haryana, Punjab, Odisha, Maharashtra, Uttar Pradesh, Madhya Pradesh, and Jammu & Kashmir.

Solarium Green Energy Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Solarium Green Energy IPO

Apply asPrice bandApply upto
Regular181 - 191₹2 Lakh
High Networth Individual181 - 191₹2 - 5 Lakh
For Solarium Green Energy IPO, eligible investors can apply as Regular.
ⓒ 2016-2025 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.7.5
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW