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Subscription status of Solarium Green IPO
Solarium Green IPO Price Rs. 94 Lot 1200 shares, Rs. ? Crore |
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QIB | NII x | RII x | Total x | Applications |
Amount wise bids recd. Rs. ? Crore | ||||
Note: |
What is the business of Solarium Green?
Solarium Green IPO Details |
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IPO opens on | 6 February 2025 |
IPO closes on | 8 February 2025 |
Issue Type | Book Built Issue IPO |
Issue Size | 5499600 Shares / Rs 105.04 Crore |
* Fresh Issue | 5499600 Shares / Rs 105.04 Crore |
* Offer for Sale – | – shares / Rs. – crore |
Market Maker Portion | 286800 Shares |
Net offer to Public | 5212800 Shares/ Rs 99.56 Crore |
Face Value per share | Rs. 10 |
Price Band | Rs. 181-191 |
Employee discount | Rs. 0 per share |
Retail Lot Size | 600 Shares |
Listing will at | BSE SME |
Shares offered in IPO |
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Shares | Rs. (Crore) | |
QIB (50%) | 2606400 | 49.78 |
HNI (15%) | 781920 | 14.93 |
RII (35%) | 1824480 | 34.85 |
Total Shares | 5212800 | 99.56 |
Retail portion will be oversubscribed by |
3041 | |
Forms | ||
How much Shares to Apply in this IPO? | ||
Min Retail Application | 600 Shares | Rs.114600 |
Min HNI Application | 1200 Shares | Rs.229200 |
Who are the Promoters of Solarium Green?
Ankit Garg, and Pankaj Vallabhbhai Gothi are the promoters of the company.
What are the Objects of Solarium Green IPO?
The Company intends to utilized the proceeds towards the following objects:
- To Meet Working Capital Requirements
- General Corporate Purposes
Tentative timetable |
|
IPO opens on | 6 February 2025 |
IPO Closes on | 10 February 2025 |
IPO Allotment on | 11 February 2025 |
Refund Initiation | 12 February 2025 |
Credit of Shares | 12 February 2025 |
Listing on | 13 February 2025 |
Registered Office of the Company Solarium Green Energy Limited B-1208 World Trade Tower, B/H Skoda Showroom, Makarba, Ahmedabad 380051 |
Who is the Lead Manager of this IPO? Beeline Capital Advisors Pvt Ltd |
Who is the Registrar to IPO? |
Solarium Green IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Solarium Green IPO Financial & Analytical Ratios |
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Year | Total Income |
Net Profit |
EPS | RoNW |
Rs.in Crore | Rs.in Crore | Rs. | % | |
2021-22 | 167.89 | 2.05 | ||
2022-23 | 98.93 | 1.74 | ||
2023-24 | 177.81 | 15.59 | 10.59 | 76.69 |
Book Value of the Share on 31.03.2024 |
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BV of the Share at cap price after IPO |
Rs. | |||
Offer Price/upper band | Rs. | 191 |
Key Performance
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Price/EPS of 23-24 | 18.81 |
Price/BV Ratio | 14.10 |
Debt/Equity Ratio | 1.51 |
How Solarium Green IPO compares with the Peers?
As per RHP | FV | Total | PE |
Income in | Ratio | ||
Rs. crore | |||
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Solarium Green IPO Review by Paresh Gordhandas, CA & Research Analyst.
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