Solarium Green SME IPO
ListedBSE SMEOpens 6 February 2025Closes 10 February 2025
Solarium Green Energy Limited, established in 2015, specializes in solar energy solutions. The company offers end-to-end solar services, including design, engineering, procurement, construction, and maintenance for…
Solarium Green Energy Limited, established in 2015, specializes in solar energy solutions. The company offers end-to-end solar services, including design, engineering, procurement, construction, and maintenance for residential, commercial, industrial, and government projects.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
6 Feb 2025
IPO Closes
10 Feb 2025
Allotment
11 Feb 2025
Listing
13 Feb 2025
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 6 February 2025 |
| IPO Close Date | 10 February 2025 |
| Allotment Date | 11 February 2025 |
| Listing Date | 13 February 2025 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,29,200 |
SHNI (Min) | 3 | ₹3,43,800 |
SHNI (Max) | 8 | ₹9,16,800 |
BHNIAbove ₹10,00,000 | 9 | ₹10,31,400 |
IPO Objectives
- To Meet Working Capital Requirement
- General corporate purposes
Strengths
- Offers end-to-end solar solutions, from design to maintenance.
- Serves a wide range of sectors, including residential, commercial, industrial, and government.
- Strong track record with 11,384 successfully completed projects.
- Uses high-quality solar components from reliable suppliers.
- Managed by an experienced leadership team with deep industry knowledge.
Weaknesses
- Dependence on foreign suppliers for critical solar components.
- Vulnerable to changes in government policies and subsidies.
- High capital investment required for solar project execution.
- Strong competition from well-established solar companies.
- Potential project delays due to supply chain disruptions.
Financial Performance
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 95.25 | 77.21 | 44.37 | 31.81 |
| Revenue (₹ Cr.) | 82.34 | 177.81 | 98.93 | 167.89 |
| PAT (₹ Cr.) | 7.55 | 15.59 | 1.74 | 2.05 |
| Net Worth (₹ Cr.) | 33.13 | 20.33 | 4.74 | 3 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Solarium Green Energy | 14.69 | 26.36 | 76.69% | 33.13 |
| Zodiac Energy Limited | 12.09 | 51.62 | 23.06% | 47.57 |
| Oriana Power Limited | 9.16 | 59.49 | 37.13% | 140 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 1.96x | 2.71x | 8.51x |
| NII | 0.36x | 0.27x | 18.04x |
| RII | 0.74x | 1.38x | 4.9x |
| Total | 1.01x | 1.52x | 8.75x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 10,42,800 | 88,72,800 | 169.47 |
| NII | 7,82,400 | 1,41,11,400 | 269.53 |
| RII | 18,24,600 | 89,37,600 | 170.71 |
| Total | 36,49,800 | 3,19,21,800 | 609.71 |
Company Details
- Solarium Green Energy Limited
- B-1208 World Trade Tower, B/H Skoda Showroom, Makarba, Ahmedabad 380051
- +91 91065 49999
- investor@solariumenergy.in
- http://www.solariumenergy.in/
Registrar Details
- Link Intime India Private Ltd
- +91-22-4918 6270
- solarium.smeipo@linkintime.co.in
- https://linkintime.co.in/Initial_Offer/public-issues.html
Frequently Asked Questions
See live numbers on GMP, Subscription, and Allotment pages.
Solarium Green SME IPO News & Updates
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Solarium Green SME IPO IPO Pages
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Solarium Green SME IPO Details
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Solarium Green SME IPO GMP
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Solarium Green SME IPO Subscription
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Solarium Green SME IPO Allotment
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Solarium Green SME IPO Review
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Solarium Green SME IPO FAQ
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Solarium Green SME IPO Registrar
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Solarium Green SME IPO Timeline
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Solarium Green SME IPO News
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Sources
We match Solarium Green SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Link Intime India Private LtdOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.