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ACME Solar Holdings Limited

Incorporated in June 2015, ACME Solar Holdings Limited is a leading renewable energy producer in India, focused on developing, building, owning, operating, and maintaining large-scale solar and wind power projects through its in-house EPC and dedicated O&M teams. The company’s revenue is primarily generated through the sale of electricity to central and state government-backed off-takers. As of March 31, 2024, ACME Solar had 1,320 MW (1,802 MWp) of operational solar capacity, 1,650 MW of contracted under-construction projects (including 1,500 MW of solar and 150 MW of wind), and 2,380 MW of awarded under-construction capacity (comprising 300 MW solar, 830 MW hybrid, and 1,250 MW Fully Dispatchable Renewable Energy projects), reinforcing its significant presence in India’s renewable energy sector.

₹275 - ₹2892.89x sub
Listed Price251.00
Listing Gain-13.15%
TimelineBook Built Issue IPO
Open06 Nov 2024
Close08 Nov 2024
Allotment11 Nov 2024
Listing13 Nov 2024

Quota Reservation Portions

QIBPortion: 3,00,00,000 shares
54.2%
HNIPortion: 1,50,00,000 shares
27.1%
RetailPortion: 1,00,00,000 shares
18.07%
EmployeePortion: 3,46,021 shares
0.63%

Minimum Application Bracket Matrix

Retail1 lots / 51 shares
₹14,739
sHNI14 lots / 714 shares
₹2,06,346
bHNI68 lots / 3,468 shares
₹10,02,252

About the Company

Incorporated in June 2015, ACME Solar Holdings Limited is a leading renewable energy producer in India, focused on developing, building, owning, operating, and maintaining large-scale solar and wind power projects through its in-house EPC and dedicated O&M teams. The company’s revenue is primarily generated through the sale of electricity to central and state government-backed off-takers. As of March 31, 2024, ACME Solar had 1,320 MW (1,802 MWp) of operational solar capacity, 1,650 MW of contracted under-construction projects (including 1,500 MW of solar and 150 MW of wind), and 2,380 MW of awarded under-construction capacity (comprising 300 MW solar, 830 MW hybrid, and 1,250 MW Fully Dispatchable Renewable Energy projects), reinforcing its significant presence in India’s renewable energy sector.

Company Promoters

Mamta UpadhyayManoj Kumar UpadhyayACME Cleantech Solutions Private LimitedMKU Holdings Private LimitedUpadhyay Family Trust