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SOLARIUMSME / BSEListed
Solarium Green Energy

Solarium Green Energy Limited, incorporated in 2015, is engaged in providing turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and Operation & Maintenance (O&M) for residential, commercial, industrial, and government solar projects. The company operates under a dual business model: Turnkey EPC (Engineering, Procurement, and Commissioning) contracts and the sale of solar products. Under its EPC services, Solarium Green Energy manages site assessment, technology evaluation, engineering, supply chain management, construction, logistics, manpower, financial planning, and warranties. It offers residential rooftop solar installations, commercial and industrial (C&I) rooftop and ground-mounted projects, and executes government tenders for renewable energy systems, including hybrid and grid-connected solutions. The company also supplies solar products such as PV modules, inverters, and ABT meters, procuring from accredited vendors, and has previously manufactured polycrystalline solar modules for turnkey projects and direct client supply. Over the past three years, Solarium Green Energy has completed 11,195 residential, 172 commercial and industrial, and 17 government solar projects. As of September 30, 2024, the company employs 253 people.

₹181 - ₹1918.93x sub
Listed Price₹202.00
Listing Gain+5.76%

IPO Schedule & Timeline

Bookbuilding IPO
Open06 Feb 2025
Close10 Feb 2025
Allotment11 Feb 2025
Listing13 Feb 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail18,24,600 shares
33.18%
HNI7,82,400 shares
14.23%
Anchor15,63,000 shares
28.42%
QIB10,42,800 shares
18.96%
Market Maker2,86,800 shares
5.21%

Minimum Application Lots

Retail1 Lot (600 shares)
₹1,14,600
HNI2 Lots (1,200 shares)
₹2,29,200

Company Promoters

Ankit GargPankaj Vallabhbhai Gothi

Company Background

Solarium Green Energy Limited, incorporated in 2015, is engaged in providing turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and Operation & Maintenance (O&M) for residential, commercial, industrial, and government solar projects. The company operates under a dual business model...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-24)₹82 Cr
Growth-51.2%
Revenue Trend (₹ in Crores)
0.068.2136.5204.7Mar-22Mar-23Mar-24Sep-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-248289533
Mar-24178167731
Mar-239924427
Mar-2216823215

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-244.9628.26%18.70%026.36
Mar-2410.39124.38%54.18%18.810
Mar-231.1644.93%15.92%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
11 Feb 2025
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
13 Feb 2025

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Solarium Green Energy. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization11 Feb 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date13 Feb 2025Trading commences on exchange

How to Check Solarium Green Energy Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Solarium Green Energy from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Solarium Green Energy IPO

Complete issue overview for Solarium Green Energy (SOLARIUM) IPO. The issue features an equity share price band of ₹181 – ₹191 per share with a minimum retail lot size of 600 Shares (minimum application amount of ₹1,14,600). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions