Solarium Green Energy Limited
Solarium Green Energy Limited
Price Band
₹181 - ₹191
Total Issue
₹105.04 Cr
Bid Dates
06 Feb - 10 Feb
Subscription
x
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
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.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 600 | ₹1,14,600 |
| Individual (Max) | 1 | 600 | ₹1,14,600 |
| S-HNI (Min) | 2 | 1,200 | ₹2,29,200 |
| S-HNI (Max) | 8 | 4,800 | ₹9,16,800 |
| B-HNI (Min) | 9 | 5,400 | ₹10,31,400 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
Solarium Green Energy IPO Peer Comparison
(Rs. in crores)
| 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
Financial Performance
(Rs. in crores)
| 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 |
KPIs
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.
Shareholding
Promoter
10.09%
Public
89.91%
Management
Subscription Status
Updated as on Last updated time: N/A
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| Total | -0.08x | 36,49,800 | -2,86,800 |
Frequently Asked Questions
What is Solarium Green Energy IPO?
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How to check allotment status of Solarium Green Energy IPO?
How to apply Solarium Green Energy IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Solarium Green Energy IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Solarium Green Energy IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Solarium Green Energy IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date