ACME Solar Holdings IPO Details
| IPO Issue Open Date: | 6 November 2024 |
| IPO Issue Close Date: | 8 Novmber 2024 |
| IPO Issue Price Band: | ₹275 to ₹289 Per Share |
| Face Value: | ₹2 Per Equity Share |
| IPO Issue Size: | ₹2,900 Crores | [.] shares |
| Fresh Issue: | ₹2,395 Crores | [.] shares |
| Offer for Sale: | ₹505 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | BSE, NSE |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
ACME Solar Holdings IPO Prospectus:
Checkout the ACME Solar Holdings IPO Prospectus of DRHP and RHP file.
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
ACME Solar Holdings IPO Dates Timeline
Get the tentative dates and schedule for latest IPO ACME Solar Holdings IPO are open and close date, allotment status, refunds, and listing details
| Issue Open Date: | 6 November 2024 |
| Issue Close Date: | 8 November 2024 |
| Basis of Allotment Date: | 11 November 2024 |
| Refunds Initiation: | 12 November 2024 |
| Shares Credit in Demat: | 12 November 2024 |
| IPO Listing Date Detail: | 13 November 2024 |
ACME Solar Holdings IPO Market Lot
You can bid for a minimum of 51 shares and maximum 3,468 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 51 shares = ₹14,739 |
| Retail (Max) | 13 lots and 663 shares = ₹191,607 |
| HNI (Min) | 14 lots and 714 shares = ₹206,346 |
| B-HNI Minimum | 68 lots and 3,468 shares = ₹1,002,252 |
ACME Solar Holdings IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹– | ₹289 | ₹- | -% |
| 1th Nov | ₹- | ₹- | ₹- | ₹- |
About ACME Solar Holdings
To be Updated Soon
ACME Solar Holdings IPO Strengths
- Expansive portfolio diversified across different renewable energy technologies
- Committed Promoters and senior management team
Objects of the IPO Issue
- Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Subsidiaries; and
- General corporate purposes.
ACME Solar Holdings Company Financial Report
The company reported revenue of ₹1,466.27 crores in 2024 against ₹1,361.37 crores in 2023. The company reported a profit of ₹689.26 crores in 2024 against a loss of ₹3.17 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹1,562.73 | ₹1,789.86 | ₹62.01 | ₹10,887.62 |
| 2023 | ₹1,361.37 | ₹1,416.21 | ₹3.17 | ₹12,186.95 |
| 2024 | ₹1,466.27 | ₹1,305.49 | ₹689.26 | ₹13,394.13 |
ACME Solar Holdings IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 38.84% |
| ROCE: | -% |
| EBITDA Margin: | 82.56% |
| PAT Margin: | 47.62% |
| Debt to equity ratio: | 2.66 |
| Earning Per Share (EPS): | ₹12.55 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 26.95% |
| Net Asset Value (NAV): | ₹49.62 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Adani Green Energy Limited | 6.21 | 289.9 | 7.19% | 85.86 | 9,220 Cr. |
| ReNew Energy Global PLC | 9.94 | 55.3 | 3.07 | 332.16 | 8,194.8 Cr. |
ACME Solar Holdings IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: acmesolar.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
ACME Solar Holdings IPO Lead Manager
- Nuvama Wealth Management Limited
- ICICI Securities Limited
- Jm Financial Limited
- Kotak Mahindra Capital Company Limited
- Motilal Oswal Investment Advisors Limited
ACME Solar Holdings IPO allotment status check on Kfin Technologies website. Click on Kfin Technologies to get allotment status.
Promoters of ACME Solar Holdings
- Mamta Upadhyay
- Manoj Kumar Upadhyay
- ACME Cleantech Solutions Private Limited
- MKU Holdings Private Limited
- Upadhyay Family Trust.
Company Address
ACME Solar Holdings Limited
Plot No. 152
Sector 44
Gurugram -22002
Phone: +91 1247117000
Email: cs.acme@acme.in
Website: https://www.acmesolar.in/
ACME Solar Holdings IPO FAQs
What is ACME Solar Holdings IPO Detail?
ACME Solar Holdings IPO is a main-board IPO. The company is going to raise ₹2,900 Crores via IPO. The issue is priced at ₹275 to ₹289 pr equity share. The IPO is to be listed on BSE,NSE.
How to Apply ACME Solar Holdings Limited IPO Online?
You can apply for ACME Solar Holdings IPO via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.
When ACME Solar Holdings IPO will open?
The IPO is to open on 6 November 2024 for QIB, NII, and Retail Investors. The IPO will close on 8 Novembver 2024.
What is ACME Solar Holdings IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is ACME Solar Holdings IPO Size?
ACME Solar Holdings issue size is ₹2900.00 crores.
What is ACME Solar Holdings IPO Price Band?
ACME Solar Holdings IPO Price Band is ₹275 to ₹289.
What is the Lot Size of ACME Solar Holdings IPO?
The ACME Solar Holdings IPO minimum bid size is51 Shares with ₹14,739 amount.
What is the ACME Solar Holdings IPO Allotment Date?
ACME Solar Holdings IPO allotment date is 11 November, 2024.
What is the ACME Solar Holdings IPO Listing Date?
ACME Solar Holdings IPO listing date is 13 November, 2024. The IPO is to list on BSE, NSE.