Solarium Green Energy Limited
CLOSEDIPO Date: 6 Feb - 10 Feb 2025
Listing Date: 13 Feb 2025
Price Range
₹181 – ₹191
Issue Size
105 Cr
Min Investment
₹1,08,600
Lot Size
600 Shares
Schedule of Solarium Green Energy Limited
Issue open date
6 Feb 2025
Issue close date
10 Feb 2025
UPI mandate deadline
10 Feb 2025 (5 PM)
Allotment finalization
11 Feb 2025
Share credit
12 Feb 2025
Listing date
13 Feb 2025
Mandate end date
25 Feb 2025
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 105 Cr |
| Fresh Issue | 105.04 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 11 Feb 2025 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 13 Feb 2025 | ₹191 | ₹5 | ₹196 (2.62%) |
| 12 Feb 2025 | ₹191 | ₹2 | ₹193 (1.05%) |
| 11 Feb 2025 | ₹191 | ₹2 | ₹193 (1.05%) |
| 10 Feb 2025 | ₹191 | ₹9 | ₹200 (4.71%) |
| 9 Feb 2025 | ₹191 | ₹0 | ₹191 (0%) |
| 8 Feb 2025 | ₹191 | ₹6 | ₹197 (3.14%) |
| 7 Feb 2025 | ₹191 | ₹10 | ₹201 (5.24%) |
| 6 Feb 2025 | ₹191 | ₹10 | ₹201 (5.24%) |
| 5 Feb 2025 | ₹191 | ₹10 | ₹201 (5.24%) |
| 4 Feb 2025 | ₹191 | ₹28 | ₹219 (14.66%) |
| 3 Feb 2025 | ₹191 | ₹0 | ₹191 (0%) |
Performance Solarium Green Energy Limited
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹181 – ₹191 | ₹ 212 (5.76%) | ₹ 257.1 | 34.61% |
About Solarium Green Energy Limited
Solarium Green Energy Limited, evolving from an LLP established in 2015 to a public limited company in 2024, specializes in turnkey solar solutions. The company offers comprehensive services ranging from design and engineering to commissioning and maintenance of solar projects. It has completed significant projects across residential, commercial, and government sectors. With a strong track record supported by experienced leadership, Solarium Green has expanded its operations and maintains a robust order book, highlighting its expertise and operational excellence in the renewable energy industry.
| Founded in | 2015 |
| Managing director | Mr. Ankit Garg |
| Parent organization | Solarium Green Energy Ltd |
Financial Overview
Strengths
- Solarium Green provides full-service turnkey solar solutions.
- Extensive experience with over 11,000 projects completed.
- Holds ISO 9001:2015 and other important certifications.
- Enhanced market reach and stability with projects across 10 Indian states.
Risks
- Regulatory risks from policy changes and environmental standards.
- Reliance on government projects which may affect stability.
- Global supply chain challenges impacting material costs and availability.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 8.51 |
| Non-Institutional Investors (NIIs) | 18.04 |
| Retail Individual Investors (RIIs) | 5.07 |
| Employee | N/A |
| Total | 9 |