Solarium Green Energy Limited IPO

Minimum Investment

Minimum Investment (Retail)Lots (min)Shares (QTY)
₹1,14,6001600

About Solarium Green Energy Limited IPO

Incorporated in 2015, Solarium Green Energy Limited is engaged in the business of Solar Solutions.

The company provides turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and Operation & Maintenance for residential, commercial, industrial, and government solar projects.

The company offers turnkey EPC (Engineering, Procurement, and Commissioning) contracts, covering site assessment, technology evaluation, engineering, supply chain management, construction, logistics, manpower, financial planning, and warranties for solar projects.

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Business Model:

  • Turnkey Solutions for Solar Projects: The company provides residential rooftop solar installations, rooftop and ground-mounted projects, and government tenders for various renewable energy systems, including hybrid solutions and grid-connected installations.
  • Sale of Solar Products: The company supplies solar products, including PV modules, inverters, and ABT meters, procure items from accredited vendors, and previously manufactured polycrystalline solar modules for turnkey projects and direct client supply.

The company has completed 11,195 residential, 172 Commercial and Industrial, and 17 government solar projects in the past three years.

As of September 30, 2024, the company employs 253 people.

Competitive Strengths:

  • Scaled and integrated operations for renewable energy projects
  • Diversified Portfolio with strong domestic presence
  • Strong relationship with customers and suppliers
  • Experienced management team with industry expertise

Solarium Green Energy Limited IPO Details

IPO DateFebruary 6, 2025 to February 10, 2025
Face Value₹10 per share
Price Band₹181 to ₹191 per share
Lot Size600 Shares
Total Issue Size54,99,600 shares
(aggregating up to ₹105.04 Cr)
Fresh Issue54,99,600 shares
(aggregating up to ₹ 105.04 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share Holding Pre Issue1,53,50,000 shares
Share Holding Post Issue2,08,49,600 shares
IPO Open DateThursday, February 6, 2025
IPO Close DateMonday, February 10, 2025
Basis of AllotmentTuesday, February 11, 2025
Initiation of RefundsWednesday, February 12, 2025
Credit of Shares to DematWednesday, February 12, 2025
Listing DateThursday, February 13, 2025
Cut-off time for UPI mandate confirmation5 PM on February 10, 2025

Solarium Green Energy Limited IPO Prospectus

Solarium Green Energy Limited Financial Snapshot (in Crore)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets95.2577.2144.3731.81
Revenue82.34177.8198.93167.89
Profit After Tax7.5515.591.742.05
Net Worth33.1320.334.743
Reserves and Surplus17.7817.331.74
Total Borrowing33.4730.7626.7214.8

Solarium Green Energy Limited Promoters Holding

Ankit Garg, and Pankaj Vallabhbhai Gothi

Solarium Green Energy Limited Contact Details

Solarium Green Energy Limited
B-1208 World Trade Tower,
B/H Skoda Showroom,
Makarba, Ahmedabad 380051
Phone: +91 91065 49999
Email: investor@solariumenergy.in
Website: http://www.solariumenergy.in/

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