Solar91 Cleantech Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 23-12-2024 | 26-12-2024 | 10 per share | 0 | 600 Shares | BSE SME | 54,36,000 shares (aggregating up to ₹106.00 Cr) | 2024-12-29 18:30:00 | 2024-12-29 18:30:00 | 2024-12-30 18:30:00 | 31-12-2024 |
About The Company
olar91 Cleantech IPO is a book built issue of Rs 106.00 crores. The issue is entirely a fresh issue of 54.36 lakh shares.
Solar91 Cleantech IPO opens for subscription on December 24, 2024 and closes on December 27, 2024. The allotment for the Solar91 Cleantech IPO is expected to be finalized on Monday, December 30, 2024. Solar91 Cleantech IPO will list on BSE SME with tentative listing date fixed as Wednesday, January 1, 2025.
Solar91 Cleantech IPO price band is set at ₹185 to ₹195 per share. The minimum lot size for an application is 600. The minimum amount of investment required by retail investors is ₹1,17,000. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹2,34,000.
Narnolia Financial Services Ltd is the book running lead manager of the Solar91 Cleantech IPO, while Maashitla Securities Private Limited is the registrar for the issue.The market maker for Solar91 Cleantech IPO is Prabhat Financial Services Ltd..
Refer to Solar91 Cleantech IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2022 | 954 | 4201 | 32 | 130.56 | 129.29 | 226.36 |
| 30-03-2023 | 1299 | 3767 | 20 | 235.68 | 234.14 | 776.21 |
| 30-03-2024 | 2495 | 4297 | 236 | 471.5 | 471.5 | 1084.72 |
| 29-09-2024 | 5247 | 5054 | 400 | 2843.35 | 1335.57 | 1196.44 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | 117000 |
| Retail (Min) | 1 | 1200 | 117000 |
| Retail (Min) | 2 | 12000 | 234000 |
IPO Listing Details
| Listing Date | 31-12-2024 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price |
Promoter holdings
Mr. Prateek Agrawal, Mr. Saurabh Vyas, Mr. Sandeep Gurnani and Mr. Dhawal Gaurang Vasavada are the promoters of the company.
Contact Information of the Company
Solar91 Cleantech Limited
Plot No. D-802,
Sector-5,
Malviya Nagar, Jaipur 302017
Phone: 91 805 8300 034
Email: info@solar91.com
Website: https://www.solar91.com/
IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
IPO Lead Manager
Narnolia Financial Services Ltd (Past IPO Performance)