Solarium Green Energy Limited
SOLARIUM GREEN ENERGY LIMITED Â is a certified provider of turnkey solar solutions, offering end-to-end services including design, engineering, procurement, construction, commissioning, and O&M of solar power plants. They cater to residential, commercial, industrial, and government projects, both rooftop and ground-mounted. Additionally, they supply solar products such as PV modules, inverters, ABT meters, and more. The company holds key certifications including BIS, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.
Price Band₹181 - ₹191 |
Dates06 Feb - 10 Feb |
GMP₹0 (0.00%) |
Subscriptions- times |
Issue Size₹105.04 Crs |
Solarium Green Energy IPO Key Dates
Opening Date
06 Feb 25
Closing Date
10 Feb 25
Basis Of Allotment
11 Feb 25
Initiations Of Refund
12 Feb 25
Credit Of Shares
12 Feb 25
Listing Date
13 Feb 25
Solarium Green Energy IPO Objects
- To Meet Working Capital Requirements
- General Corporate Purposes
Solarium Green Energy IPO Details
Price Band₹181 - ₹191 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹105.04 Cr (0.55 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹105.04 Cr (0.55 Cr Shares) |
Face Value₹10 per equity share |
Solarium Green Energy IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
1
600
1,14,600
Maximum
1
600
1,14,600
|
|||
| NII |
Minimum
2
1,200
2,29,200
|
|||
Solarium Green Energy IPO Subscription
Updated as on Last updated time: N/A
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Total | - | 39,36,600 |
Solarium Green Energy IPO GMP
The estimated Grey Market Premium of Solarium Green Energy IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of net offer |
| NII | Not less than 15% of net offer |
| Retail | Not less than 35% of net offer |
| Market Maker | 2,86,800 EQ Share |
Solarium Green Energy IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 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 | 3.00 |
| Total Borrowing | 33.47 | 30.76 | 26.72 | 14.80 |
| Total Assets | 95.25 | 77.21 | 44.37 | 31.81 |
| NAV per share (in ₹) | 21.58 | 13.55 | 3.16 | 2.00 |
| EPS - Basic (in ₹) | 4.96 | 10.39 | 1.16 | 1.37 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 13.40 |
| PAT | 8.79 |
| ROE | 124.38 |
| ROCE | 54.18 |
| PE Ratio | 18.38 |
| PB Ratio | 14.10 |
| Mkt Cap (in Crs.) | 398.23 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Solarium Green Energy IPO Peer Comparision
| Particulars | Co. | Zodiac Energy | Oriana Power |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 177.40 | 220.06 | 382.87 |
| PAT (In Crs.) | 15.59 | 10.97 | 54.28 |
| EPS - Basic | 10.39 | 7.50 | 33.41 |
| NAV per share | 13.55 | 32.51 | 76.21 |
| RONW | 76.69 | 23.06 | 37.13 |
| EBITDA | 13.40 | 8.62 | 21.08 |
| PAT Margin | 8.79 | 4.99 | 14.18 |
| Price to earning (PE) | 18.38 | 51.62 | 22.21 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Solarium Green Energy IPO Peer Comparision
| Particulars | Co. |
|---|---|
| Revenue from Ops (in Crs.) | 177.40 |
| PAT (In Crs.) | 15.59 |
| EPS - Basic | 10.39 |
| NAV per share | 13.55 |
| RONW | 76.69 |
| EBITDA | 13.40 |
| PAT Margin | 8.79 |
| Price to earning (PE) | 18.38 |
| Zodiac Energy | Oriana Power |
|---|---|
| 220.06 | 382.87 |
| 10.97 | 54.28 |
| 7.50 | 33.41 |
| 32.51 | 76.21 |
| 23.06 | 37.13 |
| 8.62 | 21.08 |
| 4.99 | 14.18 |
| 51.62 | 22.21 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Ankit Garg | 34.20% |
| Pankaj Vallabhbhai Gothi | 34.20% |
| Other Promoter | 10.09% |
Management Details
| Name | Designation |
|---|---|
| Mr. Ankit Garg | Chairman & MD |
| Mr. Nitin Jain | CFO |
Company Details
Name : Solarium Green Energy Limited
Address : B-1208 World Trade Tower, B/H Skoda Showroom, Makarba, Ahmedabad - 380051, Gujarat, India.
Number : +91 90165 49999
Email : investor@solariumenergy.in
Website : www.solariumenergy.in
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Find answers to common questions that come in your mind related to IPO.
Solarium Green Energy IPO is a SME IPO having an issue size of Rs. ₹105.04 Crs. Solarium Green Energy IPO is priced at ₹181 - ₹191 per share. The issue opens on 06 Feb 25 and closes on 10 Feb 25.
Solarium Green Energy IPO opens on 06 Feb 25 and closes on 10 Feb 25.
The estimated Grey Market Premium of Solarium Green Energy IPO is ₹0 per share (0.00%).
The minimum lot size of Solarium Green Energy IPO is 600 shares & the minimum application amount is Rs. 114600.
The allotment date of Solarium Green Energy IPO is 11 Feb 25.
The listing date of Solarium Green Energy IPO is 13 Feb 25.
Solarium Green Energy IPO is subscribed - times.
Solarium Green Energy IPO is priced at ₹181 - ₹191 per share.
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