ACME Solar Holdings 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 06-11-2024 | 08-11-2024 | 2 | 0 | 51 Shares | BSE, NSE | 100,346,022 shares (aggregating up to ₹2,900.00 Cr) | 2024-11-11 00:00:00 | 2024-11-12 00:00:00 | 2024-11-12 00:00:00 | 13-11-2024 |
About The Company
ACME Solar Holdings IPO is a book built issue of Rs 2,900.00 crores. The issue is a combination of fresh issue of 8.29 crore shares aggregating to Rs 2,395.00 crores and offer for sale of 1.75 crore shares aggregating to Rs 505.00 crores.
ACME Solar Holdings IPO opens for subscription on November 6, 2024 and closes on November 8, 2024. The allotment for the ACME Solar Holdings IPO is expected to be finalized on Monday, November 11, 2024. ACME Solar Holdings IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, November 13, 2024.
ACME Solar Holdings IPO price band is set at ₹275 to ₹289 per share. The minimum lot size for an application is 51 Shares. The minimum amount of investment required by retail investors is ₹14,739. The minimum lot size investment for sNII is 14 lots (714 shares), amounting to ₹206,346, and for bNII, it is 68 lots (3,468 shares), amounting to ₹1,002,252.
Nuvama Wealth Management Limited, ICICI Securities Limited, Jm Financial Limited, Kotak Mahindra Capital Company Limited and Motilal Oswal Investment Advisors Limited are the book running lead managers of the ACME Solar Holdings IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to ACME Solar Holdings IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 10888 | 1563 | 62 | 1908.76 | 1154.32 | 7563.6 |
| 31-03-2023 | 12187 | 1361 | -3 | 1900.56 | 1146.12 | 8657.35 |
| 31-03-2024 | 13394 | 1466 | 698 | 2590.87 | 1836.43 | 8217.59 |
| 30-06-2024 | 13985 | 13985 | 1 | 1942.12 | 1837.68 | 9319.91 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 51 | 14379 |
| Retail (Max) | 13 | 663 | 191607 |
| S-HNI (Min) | 14 | 714 | 206346 |
| S-HNI (Max) | 67 | 3417 | 987513 |
| B-HNI (Min) | 68 | 3468 | 1002252 |
IPO Listing Details
| Listing Date | 13-11-2024 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
Mamta Upadhyay, Manoj Kumar Upadhyay, ACME Cleantech Solutions Private Limited, MKU Holdings Private Limited, and Upadhyay Family Trust.
Contact Information of the Company
ACME Solar Holdings Limited
Plot No. 152
Sector 44
Gurugram - 122002
Phone: +91 1247117000
Email: cs.acme@acme.in
Website: https://www.acmesolar.in/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: acmesolar.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
Nuvama Wealth Management Limited (Past IPO Performance) ICICI Securities Limited (Past IPO Performance) Jm Financial Limited (Past IPO Performance) Kotak Mahindra Capital Company Limited (Past IPO Performance) Motilal Oswal Investment Advisors Limited (Pa