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ACME Solar Holdings IPO IPO

Mainline6 Nov 20248 Nov 2024
Open
6 Nov 2024
Close
8 Nov 2024
3
Allotment
Listing
Wed, Nov 13, 2024
Price Band
₹275 to ₹289
Issue Size
10,03,53,919 shares (agg. up to ₹2,900 Cr)
Lot Size
51 Shares
Listing Date
Wed, Nov 13, 2024
Latest GMP
₹-4
Est. Gain
-1.38%
✦ AI Insight

GMP Trend

13-11-2024-4Est. ₹285-1.38%
12-11-2024-4Est. ₹285-1.38%
11-11-2024-4Est. ₹285-1.38%

Live Subscription

CategorySubscription (times)
Total2.04x

Restated Financials (₹ Cr.)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets13,985.1413,394.1312,186.9510,887.62
Total Income340.011,466.271,361.371,562.73
Profit After Tax1.39697.78-3.1762.01
NET Worth1,942.122,590.871,900.561,908.76
Reserves and Surplus1,837.681,836.431,146.121,154.32
Total Borrowing9,319.918,217.598,657.357,563.60
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Investment in our Subsidiaries for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Subsidiaries; and1,795.00
2General corporate purposes499.78

About ACME Solar Holdings IPO

Incorporated In June 2015, Acme ACME Solar Holdings Limited is an Indian electricity producer from renewable energy sources. The company is one of the largest producers of electricity from wind and solar energy in India. The company specializes in the development, construction, ownership, operation and maintenance of large-scale renewable energy projects. The company achieves this through its in-house engineering, procurement and construction (EPC) division and operations and maintenance (O&M) team. The company's revenue is generated by selling electricity to various customers, including plants supported by the central and state governments. As of March 31, 2024, the company had a total operational project capacity of 1,320 MW (1,802 MWp) in solar power projects. In addition, it had a contracted project capacity of 1,650 MW, comprising 1,500 MW (2,192 MWp) of solar power projects and 150 MW of wind power projects. In addition, the awarded project capacity under construction amounted to 2,380 MW, consisting of 300 MW of solar power projects, 830 MW of hybrid power projects and 1,250 MW of FDRE power projects. Competitive strengths Largest renewable energy company with strong industr

Contact Details

ACME Solar Holdings Ltd. AddressPlot No.152Sector 44Gurugram, Haryana, 122002+91 1247117000cs.acme@acme.inVisit Website