The ACME Solar Holdings IPO involves a book-built issue amounting to Rs 3,000.00 crores. The issue comprises a fresh issuance of Rs 2,000.00 crores, along with an offer for sale valued at Rs 1,000.00 crores.
The dates for the ACME Solar Holdings IPO have yet to be announced.
The price bands for the ACME Solar Holdings IPO have not been announced yet.
Ge the ACME Solar Holdings IPO DRHP for detailed information.
| IPO Date | November 6, 2024 to November 9, 2024 |
| Listing Date | November 13, 2024 |
| Face Value | ₹ 2 / Share |
| Price Band | ₹ 275 to ₹ 289 / Share |
| Lot Size | 51 Shares |
| Total Issue Size | ₹2,900.00 Cr |
| Fresh Issue | ₹2,395.00 Cr |
| Offer for Sale | ₹505.00 Cr |
| Employee Discount | ₹27 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 522,207,910 |
| Share holding post issue | 605,079,883 |
| Market Maker portion |
ACME Solar Holdings Limited IPO opens on November 6, 2024, and closes on November 9, 2024.
| IPO Open Date | November 6, 2024 |
| IPO Close Date | November 9, 2024 |
| Basis of Allotment | November 11, 2024 |
| Initiation of Refunds | November 12, 2024 |
| Credit of Shares to Demat | November 12, 2024 |
| Listing Date | November 13, 2024 |
| Cut-off time for UPI mandate confirmation | November 8, 2024 |
The promoters of the company include Mamta Upadhyay, Manoj Kumar Upadhyay, ACME Cleantech Solutions Private Limited, MKU Holdings Private Limited, and the Upadhyay Family Trust.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 51 | Rs.14,739 |
| Retail (Max) | 13 | 663 | Rs.191,607 |
| S-HNI (Min) | 14 | 714 | Rs.206,346 |
| S-HNI (Max) | 67 | 3,417 | Rs.987,513 |
| B-HNI (Min) | 68 | 3,468 | Rs.1,002,252 |
| HNI (Min) |
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
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| Market Maker Shares Offered | |
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| Other Shares Offered | |
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| QIB Shares Offered | Not less than 75% of the Net Issue |
|
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
|
| bNII > ₹10L | |
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| sNII < ₹10L | |
|
| Retail Shares Offered | Not more than 10% of the Net Issue |
|
| Employee Shares Offered | |
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| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Incorporated in June 2015, ACME Solar Holdings Limited has been recognized as one of India's largest renewable energy power producers, specializing in wind and solar energy.
The company's expertise lies in the development, construction, ownership, operation, and maintenance of large-scale renewable energy projects, supported by its in-house engineering, procurement, and construction (EPC) division and its operation and maintenance (O&M) team. Revenue is generated through the sale of electricity to various off-takers, including entities backed by central and state governments.
As of March 31, 2024, a total operational project capacity of 1,320 MW (1,802 MWp) in solar power projects had been achieved. Additionally, there was an under-construction contracted project capacity of 1,650 MW, which included 1,500 MW (2,192 MWp) in solar power projects and 150 MW in wind power projects. The under-construction awarded project capacity stood at 2,380 MW, comprising 300 MW of solar power projects, 830 MW of hybrid power projects, and 1,250 MW of FDRE power projects.
Here’s a passive version of the competitive strengths:
| KPI | Values |
|---|---|
| ROE | 2.93 |
| ROCE | |
| Debt/Equity | 3.89 |
| RoNW | 0.07 |
| P/BV | 7.77 |
| PAT Margin (%) | 0.41 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 13.36 | 0.09 |
| P/E (x) | 21.63 | 3147.37 |
ACME Solar Holdings Limited Plot No. 152 Sector 44 Gurugram -22002 Phone: +91 1247117000 Email: cs.acme@acme.in Website: https://www.acmesolar.in/ |
Phone: 04067162222, 04079611000 Email: acmesolar.ipo@kfintech.com |
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