Exchanges
BSE, NSE
Issue
Book building

ACME Solar Holdings IPO

₹253.15

−12.40% on listing

Listing-day close · NSE · 13 Nov 2024 · issue price ₹289

ACME Solar Holdings’ ₹2,900 crore IPO was priced at ₹289 a share. It listed on the NSE on 13 Nov 2024 and closed its first day at ₹253.15, down 12.40% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹2,900 Cr
Fresh issue
₹2,395 Cr
Offer for sale
₹505 Cr
Lot size
51 shares
Minimum investment
₹14,739
Face value
₹2
Registrar
Kfin Technologies

Subscription

ACME Solar Holdings IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.04×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹17,487 Cr
P/E (post-issue)
3147.4
EPS (post-issue)
₹0.09
Price to book
7.8
ROE
2.93%
Debt to equity
3.89
PAT margin
47.59%
Promoter holding
100.00% → 83.41%

Financials as of 30 Jun 2024, from the offer documents.

Listing

Listing date
13 Nov 2024
Issue price
₹289
Open
₹251.00
High
₹276.10
Low
₹248.50
Close
₹253.15

Listing day on the NSE. The close was −12.40% on the issue price.

ACME SOLAR HOLDINGS share price today

FAQs

When did the ACME Solar Holdings IPO open and close?

It opened on 6 Nov 2024 and closed on 8 Nov 2024.

What was the ACME Solar Holdings IPO price?

The price band was ₹275–289 a share. The final issue price was ₹289.

What is the lot size and minimum investment?

One lot is 51 shares, ₹14,739 at ₹289 a share. Retail investors apply in whole lots.

How much did ACME Solar Holdings raise?

₹2,900 crore: ₹2,395 crore of new shares and ₹505 crore offered by existing shareholders.

How many times was the ACME Solar Holdings IPO subscribed?

2.04 times overall.

How did ACME Solar Holdings list?

It listed on the NSE on 13 Nov 2024 at ₹251.00 and closed the day at ₹253.15, down 12.40% on the ₹289 issue price.

Who is the registrar of the ACME Solar Holdings IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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