ACME Solar is a substantial renewable energy power producer among the top 10 renewable energy businesses and was incorporated in 2008. It has a goal to provide sustainable green energy at affordable rates and manage resourceful projects. ACME Solar Holdings Limited is a key player in India’s renewable energy movement, successfully commissioning 3,668 MWp of solar power across 12 states. Solar power projects offer a wider range of services, from project development and financing to construction and operation.
The retail quota is 10%, QIB is 75%, and HNI is 15%. ACME Solar Holdings IPO to list on BSE, NSE on 2024. The allotment of ACME Solar Holdings IPO date is 2024. The company reported revenue of ₹1,466.27 crores in 2024 against ₹1,361.37 crore in 2023. The company reported profit of ₹689.26 crores in 2024 against loss of ₹3.17 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
ACME Solar Holdings IPO Details
| IPO Open Date: | 2024 |
| IPO Close Date: | 2024 |
| Face Value: | ₹2 Per Equity Share |
| Issue Size: | Approx ₹3,000 Crores |
| Fresh Issue: | Approx ₹2,000 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 10% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 15% |
ACME Solar Holdings IPO Dates
The ACME Solar Holdings IPO date is 2024 and the close date is 2024. The ACME Solar Holdings IPO allotment will be finalized on 2024 and the IPO listing on 2024.
| IPO Open Date: | 2024 |
| IPO Close Date: | 2024 |
| Basis of Allotment: | 2024 |
| Refunds: | 2024 |
| Credit to Demat Account: | 2024 |
| IPO Listing Date: | 2024 |
ACME Solar Holdings IPO Market Lot
| Application | Lot Size |
| Retail Minimum | 1 |
| Retail Maximum | 13 |
| S-HNI Minimum | 14 |
| B-HNI Minimum | 68 |
ACME Solar Holdings IPO: Analyzing the Financial Report and Key Insights
The company reported revenue of ₹1,466.27 crores in 2024 against ₹1,361.37 crore in 2023. The company reported profit of ₹689.26 crores in 2024 against loss of ₹3.17 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹1,562.73 | ₹1,789.86 | ₹62.01 | ₹10,887.62 |
| 2023 | ₹1,361.37 | ₹1,416.21 | ₹3.17 | ₹12,186.95 |
| 2024 | ₹1,466.27 | ₹1,305.49 | ₹689.26 | ₹13,394.13 |
