Solarium Green Energy Limited IPO Details – Price, Date, GMP & Analysis
Solarium Green Energy Limited IPO Overview
Key IPO Details
Investment Summary
The Solarium Green Energy Limited IPO IPO is a sme offering scheduled to open on February 6. The issue is priced at ₹191 per share, with a minimum application of 600 shares.
Status: Listed and trading
How to Apply for Solarium Green Energy Limited IPO
To apply for the Solarium Green Energy Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Solarium Green Energy Limited IPO
- Enter bid quantity (minimum 600 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before February 10
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹114,600(approx. based on lower price band)
Company Overview
Solarium Green Energy Limited, incorporated in 2015, is engaged in the business of Solar Solutions. The IPO is a fresh issue of 55.00 lakh shares totaling Rs 105.04 crores.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Thu, Feb 6, 2025
CompletedClose Date
Mon, Feb 10, 2025
CompletedAllotment
Tue, Feb 11, 2025
CompletedRefund Process
Wed, Feb 12, 2025
CompletedCredit to Demat
Wed, Feb 12, 2025
CompletedListing Date
Thu, Feb 13, 2025
CompletedSubscription Status
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 8.51x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 18.04x | Oversubscribed |
| RII (Retail Individual Investors) | 5.07x | Oversubscribed |
| Total Subscription | 8.83x | Oversubscribed |
Last updated: Invalid Date
IPO Details
Solarium Green IPO Details
| IPO Date | February 6, 2025 to February 10, 2025 |
| Listing Date | February 13, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹191 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 54,99,600 shares (aggregating up to ₹105.04 Cr) |
| Fresh Issue | 54,99,600 shares (aggregating up to ₹105.04 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,53,50,000 shares |
| Share Holding Post Issue | 2,08,49,600 shares |
Solarium Green IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 15,63,000 (28.42%) |
| Market Maker Shares Offered | 2,86,800 (5.21%) |
| QIB Shares Offered | 10,42,800 (18.96%) |
| NII (HNI) Shares Offered | 7,82,400 (14.23%) |
| Retail Shares Offered | 18,24,600 (33.18%) |
| Total Shares Offered | 54,99,600 (100%) |
Solarium Green IPO Timeline (Tentative Schedule)
| IPO Open Date | Thu, Feb 6, 2025 |
| IPO Close Date | Mon, Feb 10, 2025 |
| Tentative Allotment | Tue, Feb 11, 2025 |
| Initiation of Refunds | Wed, Feb 12, 2025 |
| Credit of Shares to Demat | Wed, Feb 12, 2025 |
| Tentative Listing Date | Thu, Feb 13, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 10, 2025 |
Solarium Green IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,14,600 |
| Retail (Max) | 1 | 600 | ₹1,14,600 |
| HNI (Min) | 2 | 1,200 | ₹2,29,200 |
Solarium Green IPO Promoter Holding
| Share Holding Pre Issue | 78.50% |
| Share Holding Post Issue |
Solarium Green IPO Listing Details
| February 13, 2025 |
| 544354 |
| INE0W0H01017 |
| ₹191 per share |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹191.00 |
| Open | ₹202.00 |
| Low | ₹202.00 |
| High | ₹212.10 |
| Last Trade | ₹211.90 |
Financial Information
Company FinancialsSolarium Green Energy Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 95.25 | 77.21 | 44.37 | 31.81 |
| Revenue | 82.34 | 177.81 | 98.93 | 167.89 |
| Profit After Tax | 7.55 | 15.59 | 1.74 | 2.05 |
| Net Worth | 33.13 | 20.33 | 4.74 | 3 |
| Reserves and Surplus | 17.78 | 17.33 | 1.74 | |
| Total Borrowing | 33.47 | 30.76 | 26.72 | 14.8 |
Key Dates
Solarium Green Energy Limited IPO IPO Review & Analysis
Should I Apply for Solarium Green Energy Limited IPO?
The Solarium Green Energy Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • SME listing provides credibility
- • Issue size of ₹105.04 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Solarium Green Energy Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Solarium Green Energy Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.