Solarium Green SME IPO Subscription Status
Solarium Green SME IPO closed on 10 February 2025 with an overall subscription of 8.83x based on shares applied. QIB demand came in at 8.51x, NII at 18.04x, and retail at 4.90x.
Allotment will be finalised on 11 February 2025. The stock is scheduled to list on NSE and BSE on 13 February 2025.
Issue Price
Rs 191.00
GMP Today
Rs 5.00 (+2.62%)
Overall Subscription
8.83x
Issue Size
₹105.04 Cr
Allotment Date
11 Feb 2025
Listing Date
13 Feb 2025
Solarium Green SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 191.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 19.92 Cr | Rs 169.47 Cr | 8.51x |
| NII | Rs 14.94 Cr | Rs 269.53 Cr | 18.04x |
| IND | Rs 34.85 Cr | Rs 170.71 Cr | 4.90x |
| Total | Rs 69.71 Cr | Rs 609.71 Cr | 8.75x |
Solarium Green SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 10,42,800 | 88,72,800 | 8.51x |
| NII | 7,82,400 | 1,41,11,400 | 18.04x |
| IND | 18,24,600 | 89,37,600 | 4.90x |
| Total | 36,49,800 | 3,19,21,800 | 8.75x |
What Do These Subscription Numbers Mean?
A subscription of 8.83x by shares means the IPO received bids for 9 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 8.51x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 8.51x, it reflects serious institutional conviction.
NII at 18.04x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 4.90x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Solarium Green SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 4.90x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Solarium Green SME IPO Allotment Status page from 11 February 2025 for your allotment result.
Solarium Green SME IPO GMP After Subscription
GMP for Solarium Green SME stands at Rs 5.00 today, giving an estimated listing price of Rs 196.00 per share.
A subscription of 8.83x combined with a GMP of 2.62% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Solarium Green SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Solarium Green SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 6 Feb 2025 | 1.96x | 0.36x | 0.74x | 1.01x |
| Day 2 - 7 Feb 2025 | 2.71x | 0.27x | 1.38x | 1.52x |
| Day 3 - 10 Feb 2025 | 8.51x | 18.04x | 4.90x | 8.75x |
Solarium Green SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 6 February 2025 |
| IPO Close Date | 10 February 2025 |
| Allotment Date | 11 February 2025 |
| Refund Initiation | 12 February 2025 |
| Share Credit to Demat | 12 February 2025 |
| Listing Date | 13 February 2025 |
| Minimum Investment | Rs 2,29,200.00 |
| Lot Size | 600 shares |
About Solarium Green SME
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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Solarium Green SME IPO Subscription FAQs
What is Solarium Green SME IPO subscription status today?
Solarium Green SME IPO subscription closed on 10 February 2025 with overall subscription of 8.83x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 8.51x, NII 18.04x, IND 4.90x.
What is the overall subscription of Solarium Green SME IPO?
Solarium Green SME IPO is subscribed 8.83x overall by shares at close on 10 February 2025. QIB 8.51x, NII 18.04x, and IND 4.90x.
What is Solarium Green SME IPO QIB subscription?
Solarium Green SME IPO QIB (Qualified Institutional Buyers) subscription is 8.51x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Solarium Green SME IPO IND subscription?
Solarium Green SME IPO IND subscription is 4.90x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Solarium Green SME IPO NII subscription?
Solarium Green SME IPO NII (Non-Institutional Investors) subscription is 18.04x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Solarium Green SME IPO for retail?
Solarium Green SME IPO retail share subscription is 4.90x. Application-wise data is needed for accurate lottery odds.
When is Solarium Green SME IPO allotment date?
Solarium Green SME IPO allotment date is 11 February 2025. Check Solarium Green SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Solarium Green SME IPO subscription close?
Solarium Green SME IPO subscription closed on 10 February 2025. No new applications are accepted after the close.
What is Solarium Green SME IPO GMP today?
Solarium Green SME IPO GMP is ₹5 today (+2.62% over issue price ₹191). See live GMP on the Solarium Green SME IPO GMP Today page.
What is Solarium Green SME IPO issue price and lot size?
Solarium Green SME IPO issue price is ₹191 per share. Lot size is 600 shares. Minimum investment is ₹2,29,200 per lot (minimum 2 lots for SME). Issue size: ₹105.04 Cr.
When is Solarium Green SME IPO listing date?
Solarium Green SME IPO listing date is 13 February 2025 on NSE and BSE. Allotment is on 11 February 2025.
How does subscription affect Solarium Green SME IPO allotment?
Allotment odds in Solarium Green SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 8.83x overall, competition is moderate.
For allotment results from 11 February 2025, visit the Solarium Green SME IPO Allotment Status page. For listing day updates on 13 February 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.