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ACME Solar Holdings IPO

Open 6th Nov 2024 · Close 8th Nov 2024 · Listing 13th Nov 2024

Price Band₹275.00–₹289.00
Live GMPNO GMP
Subscription2.89×
Issue Size₹2,900.00 Cr
Allotment11th Nov 2024

At a glance

Updated 2026-08-24

ACME Solar Holdings is a Mainboard IPO with an issue size of ₹2,900.00 crore, proposed for listing on BSE, NSE. The offer opens on 6th Nov 2024 and closes on 8th Nov 2024. The issue structure includes a fresh issue of ₹2,395.04 crore and an offer-for-sale component of ₹504.96 crore. The current listing schedule points to 13th Nov 2024.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹2,900.00 Cr
Fresh issue₹2,395.04 Cr
Offer for sale₹504.96 Cr
Face value₹2
Price band₹275.00–₹289.00
Allotment11th Nov 2024
Listing13th Nov 2024

Grey market

GMP page ↗
Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listing₹285.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens6th Nov 2024
Closes8th Nov 2024
Allotment11th Nov 2024
Refund12th Nov 2024
Demat12th Nov 2024
Listing13th Nov 2024

Subscription demand

Full bidding ↗
Total2.89×

Lot size

InvestorLotsSharesAmount
Minimum Bid151₹14,739

Company

Use of proceeds

ObjectAmount
Investment in our Subsidiaries for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Subsidiaries; and₹1,795.00 Cr
General corporate purposes₹499.78 Cr

31 Mar 2022

Assets10,887.62
Total Income1,562.73
Profit After Tax62.01
NET Worth1,908.76
Reserves and Surplus1,154.32
Total Borrowing7,563.60

31 Mar 2023

Assets12,186.95
Total Income1,361.37
Profit After Tax-3.17
NET Worth1,900.56
Reserves and Surplus1,146.12
Total Borrowing8,657.35

31 Mar 2024

Assets13,394.13
Total Income1,466.27
Profit After Tax697.78
NET Worth2,590.87
Reserves and Surplus1,836.43
Total Borrowing8,217.59

30 Jun 2024

Assets13,985.14
Total Income340.01
Profit After Tax1.39
NET Worth1,942.12
Reserves and Surplus1,837.68
Total Borrowing9,319.91
Trend chart₹ crore

KPIs

KPIJun 30, 2024
ROE2.93%
Debt / Equity3.89%
RoNW0.07%
PAT Margin47.59%
Price to Book Value7.77

Valuation & shareholding

Pre-IPO EPS13.36
Post-IPO EPS0.09
Pre-IPO P/E21.63
Post-IPO P/E3147.37
Promoter holding pre100%
Promoter holding post83.41%
Market cap₹17486.81 Cr.

Issue expenses

ExpenseAmount
Fees payable to the BRLMs including underwriting commission, brokerage and selling commission, as applicable₹77.00 Cr
Selling commission and processing fees for SCSBs and Bidding Charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs₹2.55 Cr
Fees payable to the Registrar to the Offer₹1.01 Cr
Other expenses: (i) Listing fees, SEBI and Stock Exchanges filing fees, book building software fees and other regulatory expenses₹7.46 Cr
Other expenses: (ii) Printing and stationery expenses₹2.23 Cr
Other expenses: (iii) Advertising and marketing expenses₹16.13 Cr
Other expenses: (iv) Fees payable to the legal counsels to the Offer₹6.79 Cr
Other expenses: (v) Fees payable to Joint Statutory Auditors₹3.95 Cr
Other expenses: (vi) Fees payable to the industry service provider₹1.59 Cr
Other expenses: (vii) Miscellaneous expenses₹2.63 Cr

Registrar & lead managers

Registrar

Kfin Technologies Ltd.

Lead managers

  • Kotak Mahindra Capital Co.Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.