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Acme Solar Holdings Ipo


Objects of the Issue

  • Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Subsidiaries; and

  • General corporate purposes.

ACME Solar Holdings IPO Review

  • Canara Bank –

  • DRChoksey FinServ –

  • Emkay Global –

  • Hem Securities –

  • IDBI Capital –

  • Marwadi Shares –

  • Nirmal Bang –

  • SBICAP Securities –

  • Sharekhan –

  • SMC Global –

  • Sushil Finance –

  • Swastika Investmart –

  • Ventura Securities –

  • Geojit –

  • Reliance Securities –

  • Capital Market –

  • BP Wealth –

  • ICICIdirect –

  • Choice Broking –

IPO Lead Managers aka Merchant Bankers

  • Nuvama Wealth Management Limited

  • ICICI Securities Limited

  • Jm Financial Limited

  • Kotak Mahindra Capital Company Limited

  • Motilal Oswal Investment Advisors Limited

Application Lot Size Shares Amount
Retail Minimum 1 51 ₹14,739
Retail Maximum 13 663 ₹191,607
S-HNI Minimum 14 714 ₹206,346
B-HNI Minimum 68 3,468 ₹1,002,252

IPO Open Date: November 6, 2024
IPO Close Date: November 8, 2024
Basis of Allotment: November 11, 2024
Refunds: November 12, 2024
Credit to Demat Account: November 12, 2024
IPO Listing Date: November 13, 2024

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

KPI Values
ROE: 38.84%
ROCE: [.]%
EBITDA Margin: 82.56%
PAT Margin: 47.62%
Debt to equity ratio: 2.66
Earning Per Share (EPS): ₹12.55 (Basic)
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 26.95%
Net Asset Value (NAV): ₹49.62

Company EPS PE Ratio RoNW % NAV Income
Adani Green Energy Limited 6.21 289.9 7.19 85.86 9,220 Cr.
ReNew Energy Global PLC 9.94 55.3 3.07 332.16 8,194.8 Cr.

IPO Open Date: November 6, 2024
IPO Close Date: November 8, 2024
Face Value: ₹2 Per Equity Share
IPO Price Band: ₹275 to ₹289 Per Share
Issue Size: Approx ₹2,900 Crores
Fresh Issue: Approx ₹2,395 Crores
Offer for Sale: Approx ₹505 Crores, 17,474,049 Equity Shares
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%
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

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