₹ 114600
₹181- ₹191
600
₹202
6
10 Feb 2025
Download12 Feb 2025
13 Feb 2025
Application Details
Solarium Green Energy Limited is launching its IPO from February 6, 2025, to February 10, 2025, with a price band of ₹181 to ₹191 per share and a face value of ₹10 per share. The IPO consists of a total issue size of 54,99,600 shares, aggregating up to ₹105.04 crore, entirely as a fresh issue. The minimum lot size for retail investors is 600 shares, requiring an investment of ₹1,14,600.
The IPO follows a book-built issue process and will be listed on the BSE SME platform. The tentative timeline includes the basis of allotment on February 11, 2025, refund initiation and credit of shares to Demat on February 12, 2025, and listing on February 13, 2025. The IPO allocation is structured with up to 50% for QIBs, at least 35% for retail investors, and a minimum of 15% for non-institutional investors (HNIs).
About Solarium Green Energy Limited (SME IPO)
Solarium Green Energy Limited, incorporated in 2015, specializes in providing comprehensive solar solutions. The company offers turnkey services, including design, engineering, procurement, construction, testing, commissioning, and maintenance for residential, commercial, industrial, and government solar projects.
Its business model focuses on two key areas: turnkey solar project execution and the sale of solar products. The company handles end-to-end EPC (Engineering, Procurement, and Commissioning) contracts, covering site assessment, technology evaluation, engineering, supply chain management, financial planning, and logistics. Additionally, it supplies solar products such as PV modules, inverters, and ABT meters, sourcing from accredited vendors while previously manufacturing polycrystalline solar modules.
With a strong track record, Solarium Green Energy has completed 11,195 residential, 172 commercial and industrial, and 17 government solar projects over the past three years, reinforcing its position as a reliable player in the renewable energy sector.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.