Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,14,600 | 1 | 600 |
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 Date | February 6, 2025 to February 10, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹181 to ₹191 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 54,99,600 shares (aggregating up to ₹105.04 Cr) |
| Fresh Issue | 54,99,600 shares (aggregating up to ₹ 105.04 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,53,50,000 shares |
| Share Holding Post Issue | 2,08,49,600 shares |
| IPO Open Date | Thursday, February 6, 2025 |
| IPO Close Date | Monday, February 10, 2025 |
| Basis of Allotment | Tuesday, February 11, 2025 |
| Initiation of Refunds | Wednesday, February 12, 2025 |
| Credit of Shares to Demat | Wednesday, February 12, 2025 |
| Listing Date | Thursday, February 13, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 10, 2025 |
Solarium Green Energy Limited IPO Prospectus
Solarium Green Energy Limited Financial Snapshot (in Crore)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 95.25 | 77.21 | 44.37 | 31.81 |
| Revenue | 82.34 | 177.81 | 98.93 | 167.89 |
| Profit After Tax | 7.55 | 15.59 | 1.74 | 2.05 |
| Net Worth | 33.13 | 20.33 | 4.74 | 3 |
| Reserves and Surplus | 17.78 | 17.33 | 1.74 | |
| Total Borrowing | 33.47 | 30.76 | 26.72 | 14.8 |
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/