Solarium Green Energy Ltd
Solarium Green Energy Ltd IPO is a company specializing in renewable energy solutions, focusing on solar power generation. The company aims to expand its footprint in the green energy sector, contributing to sustainable power generation. With a strong commitment to environmental sustainability and innovation, Solarium Green Energy Ltd is gearing up for its Initial Public Offering (IPO) to raise funds for future expansion and development.
Solarium Green Energy Ltd IPO Details
The Solarium Green Energy Ltd IPO is a Public Issue (Book Building) issue worth Rs 105.04 crores. The IPO consists of a fresh issue of 55.00 lakh shares and opens for subscription on February 6, 2025, closing on February 10, 2025. The allotment is expected on February 11, 2025, with the tentative listing date on February 13, 2025, on BSE.
Key IPO Details
Attribute | Details |
IPO Open Date | February 6, 2025 |
IPO Close Date | February 10, 2025 |
Issue Size | Rs 105.04 Cr |
Face Value | Rs 10 |
Total Shares Offered | 5,499,600 |
Price Band | Rs 181 – Rs 191 |
Lot Size | 600 Shares |
Minimum Investment | Rs 114,600 |
Listing Date | February 13, 2025 |
Listing Exchange | BSE |
Solarium Green Energy Ltd IPO Subscription Status
Category-Wise Subscription
Investor Category | Subscription Times (as of Feb 7, 2025) |
Qualified Institutional Buyers (QIB) | 2.71x |
Retail Individual Investors (RII) | 1.38x |
Non-Institutional Investors (NII) | 0.46x |
Others | 0x |
Total Subscription | 1.48x |
Day-Wise Subscription Breakdown
Date | QIB | RII | NII | Total |
Day 1 (Feb 6, 2025) | 1.96x | 0.74x | 0.27x | 0.93x |
Day 2 (Feb 7, 2025) | 2.71x | 1.38x | 0.46x | 1.48x |
Solarium Green Energy Ltd IPO Reservation
Investor Category | Shares Offered | Percentage |
Anchor Investors | 1,563,000 | 28.42% |
Non-Institutional Investors (NII) | 782,400 | 14.23% |
Qualified Institutional Buyers (QIB) | 1,042,800 | 18.96% |
Retail Individual Investors (RII) | 1,824,600 | 33.18% |
Total Shares Offered | 5,499,600 | 100.00% |
Important Dates for Solarium Green Energy Ltd IPO
Event | Date |
IPO Opening Date | February 6, 2025 |
IPO Closing Date | February 10, 2025 |
Basis of Allotment | February 11, 2025 |
Initiation of Refunds | February 12, 2025 |
Credit of Shares to Demat Account | February 12, 2025 |
IPO Listing Date | February 13, 2025 |
Conclusion
The Solarium Green Energy Ltd IPO presents an opportunity for investors to participate in the rapidly growing renewable energy sector. With a price band of Rs 181 – Rs 191 per share and a minimum investment requirement of Rs 114,600, it has attracted considerable interest from Qualified Institutional Buyers (QIBs) and Retail Individual Investors (RIIs). The listing on BSE on February 13, 2025, will be a crucial milestone for the company. Stay updated with the latest subscription details and allotment status to make an informed investment decision.
