ACME Solar Holdings IPO



The objective of the Issue

The Company proposes to utilize the Net Proceeds towards funding the following objects:

  1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Subsidiaries.
  2. General corporate purposes.

IPO Details, Price, Market Lot

ACME Solar Holdings IPO Details
IPO Open Date 6 November 2024
IPO Close Date 8 November 2024
IPO Issue Size 1,003,46,022 Shares (Aggregating up to ₹2,900.00 Cr)
Fresh Issue 8,28,71,973 Shares (Aggregating up to ₹2,395.00 Cr)
Offer for Sale 1,74,74,049 Shares (Aggregating up to ₹505.00 Cr)
Retail Portion Not less than 75% of the Net Issue
NII Portion Not more than 15% of the Net Issue
QIB Portion Not more than 10% of the Net Issue
Listing At NSE, SME
ACME Solar Holdings IPO Price
Face Value ₹2 Per Share
IPO Price Band ₹275 to ₹289 Per Share
IPO Issue Type Book Built Issue
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ACME Solar Holdings IPO Market Lot For Retail Investor
No. of Shares Per Lot 51 Shares
Minimum Lot Size 1 Lot (51 Shares)
Minimum Amount (Cut-off price) ₹14,739
Maximum Lot Size 13 Lots (663 Shares)
Maximum Amount (Cut-off price) ₹1,91,607
ACME Solar Holdings IPO Market Lot For S-HNI
No. of Shares Per Lot 51 Shares
Minimum Lot Size 14 Lots (714 Shares)
Minimum Amount (Cut-off price) ₹2,06,346
Maximum Lot Size 67 Lots (3,417 Shares)
Maximum Amount (Cut-off price) ₹9,87,513
ACME Solar Holdings IPO Market Lot For B-HNI
No. of Shares Per Lot 51 Shares
Minimum Lot Size 68 Lots (3,468 Shares)
Minimum Amount (Cut-off price) ₹10,02,252 Shares

IPO Date, Listing Date, Allotment Date

ACME Solar Holdings IPO Time Table (Tentative)
IPO Open Date 6 November 2024
IPO Close Date 8 November 2024
Basis of Allotment Date 11 November 2024
Initiation of Refunds 12 November 2024
Credit of Share to Demat Account 12 November 2024
IPO Listing Date 13 November 2024
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Financial Report

Period Ended Assets
(₹ in Crore)
Revenue
(₹ in Crore)
P A T
(₹ in Crore)
Net Worth
(₹ in Crore)
Borrowings
(₹ in Crore)
30 June 2024 13,985.14 340.01 1.39 1,942.12 9,319.91
31 March 2024 13,394.13 1,466.27 697.78 2,590.87 8,217.59
31 March 2023 12,186.95 1,361.37 -3.17 1,900.56 8,657.35
31 March 2022 10,887.62 1,562.73 62.01 1,908.76 7,563.60
Period Ended 30 June 2024 31 March 2024 31 March 2023 31 March 2022
Assets 13,985.14 13,394.13 12,186.95 10,887.62
Revenue 340.01 1,466.27 1,361.37 1,562.73
P A T 1.39 697.78 -3.17 62.01
Net Worth 1,942.12 2,590.87 1,900.56 1,908.76
Borrowings 9,319.91 8,217.59 8,657.35 7,563.60
Amount in ₹ Corre

Company Promotor & Promotor’s Holding

Pre Issue Promotor Holding 100.00%
Post Issue Promotor Holding  

Company Address

ACME Solar Holdings Limited
Registered Office: Plot No. 152, Sector 44, Gurugram – 122002
Phone: +91 1247117000
Email: cs.acme@acme.in
Website: https://www.acmesolar.in/

IPO Registrar, Lead Manager, Prospectus

ACME Solar Holdings IPO Prospectus
ACME Solar Holdings IPO Registrar
Kfin Technologies Limited
ACME Solar Holdings IPO Lead Manager
  • Nuvama Wealth Management Limited
  • ICICI Securities Limited
  • Jm Financial Limited
  • Kotak Mahindra Capital Company Limited
  • Motilal Oswal Investment Advisors Limited
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