ACME SOLAR IPO

ANOTHER SOLAR BET

ACME Solar Holdings Limited is a renewable energy power producer with a diverse portfolio of solar, wind, hybrid and firm and dispatchable energy projects in India.  They hold the capacity to develop, build, own, operate and maintain utility level renewable energy projects.

ACME Solar Holdings Limited is a key player in India’s renewable energy movement, successfully commissioning 3668 MW of solar power across 12 states.

ISSUE SIZE                                       :             Rs.2900 Cr. (approx..)

IPO Opening date                          :             Novmber 6, 2024

IPO Closing on                                :             Novmber 8, 2024

Allotment date                               :            Novmber 11, 2024

Refund date                                    :             Novmber 12, 2024

Listing date                                     :             Novmber 13, 2024

GMP                                                 :             NOT AVAILABLE

Price band of the issue 275-289 and the lot size is 51 for retail investors.

The company is delivering consistent profit data for the past years despite a nominal loss in the year 2023. 

AmbooLi.com impression on the issue:  Highly risk averse investors may choose to subscribe the issue in consultation with their financial adviser. 

Disclaimer: AmbooLi.com or its directors individually or collectively take no responsibility on the accuracy of the data presented above.  Prospective investors are advised to go through the RHP filed by the company before applying for the IPO.

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