IPO Trending
ACMESOLAREQ / NSE, BSEListed
ACME Solar Holdings

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 Price₹251.00
Listing Gain-13.15%

IPO Schedule & Timeline

Book Built Issue IPO
Open06 Nov 2024
Close08 Nov 2024
Allotment11 Nov 2024
Listing13 Nov 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB3,00,00,000 shares
54.2%
HNI1,50,00,000 shares
27.1%
Retail1,00,00,000 shares
18.07%
Employee3,46,021 shares
0.63%

Minimum Application Lots

Retail1 Lot (51 shares)
₹14,739
sHNI14 Lots (714 shares)
₹2,06,346
bHNI68 Lots (3,468 shares)
₹10,02,252

Company Promoters

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

Company Background

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 stat...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-24)₹340.01 Cr
Growth-78.2%
Revenue Trend (₹ in Crores)
0.0599.01.2k1.8kMar-22Mar-23Mar-24Jun-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-24340.011.3913,985.14 9,319.91
Mar-241,466.27689.2613,394.138,217.59
Mar-231,361.37-3.1712,186.95 8,657.35
Mar-221,562.7362.0110,887.627,563.60

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jul-240.032.93%0%21.93147.37
Mar-2412.5538.83%0%00
Mar-23-0.0625.34%0%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: Kfin Technologies Limited

Allotment Finalized
Allotment Date
11 Nov 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
13 Nov 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for ACME Solar Holdings. 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 Nov 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date13 Nov 2024Trading commences on exchange

How to Check ACME Solar Holdings Allotment Online

1Open Portal

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

2Select Company

Select ACME Solar Holdings from the issue drop-down list.

3Enter Details

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

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About ACME Solar Holdings IPO

Complete issue overview for ACME Solar Holdings (ACMESOLAR) IPO. The issue features an equity share price band of ₹275 – ₹289 per share with a minimum retail lot size of 51 Shares (minimum application amount of ₹14,739). 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