Solarium Green Energy Limited
Feb 6, 2025 - Feb 10, 2025
Solarium Green Energy Limited IPO Details
SME
Status
listed
Issue Price
₹181.00 - ₹191.00
Lot Size
600 Shares
Subscription
8.83 times
Listing Price
₹202 (5.76%)
Face Value
₹10 Per share
Issue Size
Approx ₹105.04 Cr
Fresh Issue
Approx ₹105.04 Cr
Total Shares Offered
-
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE SME
Registrar
Link Intime India Private Ltd
BSE Code
544354
IPO Tentative Timetable
Open Date
Thu Feb 06 2025
Close Date
Mon Feb 10 2025
Allotment Date
Tue Feb 11 2025
Refunds Initiation
Wed Feb 12 2025
Demat Transfer
Wed Feb 12 2025
Listing Date
Thu Feb 13 2025
Valuation
Earning Per Share (EPS)
₹10.39
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
76.69%
Net Asset Value (NAV)
₹13.55
Promoters
Pre issue Share Holding
78.50%
Post issue Share Holding
-
Company Promoters
- Ankit Garg
- Pankaj Vallabhbhai Gothi
Lead Managers
Beeline Capital Advisors Pvt Ltd
Live Subscription
| Date | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Feb 6, 2025 | 1.96 | 0.36 | 0.74 | 1.01 |
| Feb 7, 2025 | 2.71 | 0.27 | 1.38 | 1.52 |
| Feb 10, 2025 | 8.51 | 18.04 | 5.07 | 8.83 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,14,600 |
| Retail (Max) | 1 | 600 | ₹1,14,600 |
| HNI (Min) | 2 | 1,200 | ₹2,29,200 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 15,63,000 (28.42%) |
| Market Maker Shares Offered | 2,86,800 (5.21%) |
| QIB Shares Offered | 10,42,800 (18.96%) |
| NII (HNI) Shares Offered | 7,82,400 (14.23%) |
| Retail Shares Offered | 18,24,600 (33.18%) |
| Total Shares Offered | 54,99,600 (100%) |
Company Financial
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 95.25 | 77.21 | 44.37 | 31.81 |
| Revenue | 82.34 | 177.81 | 98.93 | 167.89 |
| Profit After Tax | 7.55 | 15.59 | 1.74 | 2.05 |
| Net Worth | 33.13 | 20.33 | 4.74 | 3 |
| Reserves and Surplus | 17.78 | 17.33 | 1.74 | - |
| Total Borrowing | 33.47 | 30.76 | 26.72 | 14.8 |
About Company
Solarium Green Energy Limited was established in 2015 and operates in the solar energy sector.
The company provides complete solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and maintenance for residential, commercial, industrial, and government solar projects. It offers turnkey EPC (Engineering, Procurement, and Commissioning) contracts, covering site assessment, technology evaluation, engineering, supply chain management, construction, logistics, manpower, financial planning, and warranties for solar projects.
The company’s business model includes turnkey solutions for solar projects, such as residential rooftop installations, commercial and industrial rooftop and ground-mounted projects, and government tenders for renewable energy systems, including hybrid and grid-connected solutions. It also sells solar products, including PV modules, inverters, and ABT meters, sourced from accredited vendors. In the past, it manufactured polycrystalline solar modules for turnkey projects and direct client supply.
Over the past three years, the company has completed 11,195 residential, 172 commercial and industrial, and 17 government solar projects.
As of September 30, 2024, the company has 253 employees.
The company’s strengths include large-scale and integrated renewable energy operations, a diverse portfolio with a strong domestic presence, well-established relationships with customers and suppliers, and an experienced management team with industry expertise.
The company provides complete solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and maintenance for residential, commercial, industrial, and government solar projects. It offers turnkey EPC (Engineering, Procurement, and Commissioning) contracts, covering site assessment, technology evaluation, engineering, supply chain management, construction, logistics, manpower, financial planning, and warranties for solar projects.
The company’s business model includes turnkey solutions for solar projects, such as residential rooftop installations, commercial and industrial rooftop and ground-mounted projects, and government tenders for renewable energy systems, including hybrid and grid-connected solutions. It also sells solar products, including PV modules, inverters, and ABT meters, sourced from accredited vendors. In the past, it manufactured polycrystalline solar modules for turnkey projects and direct client supply.
Over the past three years, the company has completed 11,195 residential, 172 commercial and industrial, and 17 government solar projects.
As of September 30, 2024, the company has 253 employees.
The company’s strengths include large-scale and integrated renewable energy operations, a diverse portfolio with a strong domestic presence, well-established relationships with customers and suppliers, and an experienced management team with industry expertise.
Company Contact
b-1208 world trade tower,b/h skoda showroom,makarba, ahmedabad 380051
Phone: +91 91065 49999
Email: investor@solariumenergy.in
Website: http://www.solariumenergy.in/
Registrar Contact
Phone: +91-22-4918 6270
Email: solarium.smeipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html