31 Mar 2022
Assets31.81
Total Income167.89
Profit After Tax2.05
NET Worth3.00
Total Borrowing14.80
At a glance
Updated 2026-08-24The shares listed at ₹202.00, a 5.76% move from the issue price. Solarium Green is a SME IPO with an issue size of ₹105.04 crore, proposed for listing on BSE SME. The offer opens on 6th Feb 2025 and closes on 10th Feb 2025. The issue structure includes a fresh issue of ₹99.56 crore. The current listing schedule points to 13th Feb 2025.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹105.04 Cr
Fresh issue₹99.56 Cr
Face value₹10
Price band₹181.00–₹191.00
Allotment11th Feb 2025
Listing13th Feb 2025
Listing performance
Full performance ↗Issue price₹191.00
Listing price₹202.00
Current price—
Listing gain5.76%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹5.00
GMP / upper price2.62%
Est. listing₹196.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens6th Feb 2025
Closes10th Feb 2025
Allotment11th Feb 2025
Refund12th Feb 2025
Demat12th Feb 2025
Listing13th Feb 2025
Subscription demand
Full bidding ↗Total8.83×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 600 | ₹114,600 |
Company
Incorporated2015
Use of proceeds
| Object | Amount |
|---|---|
| To meet working capital requirements | ₹71.00 Cr |
| General Corporate Purposes | ₹25.26 Cr |
| Issue Expenses | ₹8.78 Cr |
| Total | ₹105.04 Cr |
Financials
Full financials ↗31 Mar 2023
Assets44.37
Total Income98.93
Profit After Tax1.74
NET Worth4.74
Reserves and Surplus1.74
Total Borrowing26.72
31 Mar 2024
Assets77.21
Total Income177.81
Profit After Tax15.59
NET Worth20.33
Reserves and Surplus17.33
Total Borrowing30.76
30 Sep 2024
Assets95.25
Total Income82.34
Profit After Tax7.55
NET Worth33.13
Reserves and Surplus17.78
Total Borrowing33.47
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 124.38% |
| ROCE | 54.18% |
| Debt / Equity | 1.51% |
| RoNW | 76.69% |
| PAT Margin | 8.79% |
| Price to Book Value | 14.1 |
Valuation & shareholding
Pre-IPO EPS10.16
Post-IPO EPS7.25
Pre-IPO P/E18.81
Post-IPO P/E26.36
Promoter holding pre78.5%
Promoter holding post57.77%
Market cap₹398.23 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| To meet working capital requirements | ₹71.00 Cr |
| General Corporate Purposes | ₹25.26 Cr |
| Issue Expenses | ₹8.78 Cr |
| Total | ₹105.04 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Beeline Capital Advisors Pvt.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.