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06 Feb 25
10 Feb 25
₹1,08,600
600
₹181 to ₹191
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₹105.04 Cr
13 Feb 25
06 Feb 25
10 Feb 25
11 Feb 25
12 Feb 25
12 Feb 25
13 Feb 25
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Solarium Green Energy Limited specialises in providing turnkey solutions for renewable energy projects, including design, engineering, procurement, construction, commissioning, and ongoing operation and maintenance (O&M) services. Solarium Green Energy also deals in solar products such as solar PV modules, inverters, and ABT meters. With a wealth of experience led by Promoters Mr. Ankit Garg and Mr. Pankaj Vallabhbhai Gothi, the company has successfully executed numerous projects in the renewable energy sector and maintains a diverse portfolio of ongoing projects.
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 7721.11 | 4437.28 | 3180.54 |
| Revenue | 17,739.69 | 9878.98 | 16,736.91 |
| Profit After Tax | 1558.97 | 173.86 | 205.04 |
| Reserves and Surplus | 1732.83 | 173.86 | – |
| Total Borrowings | 3076.35 | 2672.22 | 1479.99 |
| Category | Details |
| Issue Type | Book Built Issue IPO |
| Total Issue Size | Fresh Issue: 54,99,600 shares (aggregating up to ₹105.04 Cr)
Offer for Sale: NA |
| Price Range | ₹181 to ₹191 per share |
| Lot Size | 600 Shares |
| Face Value | ₹10 per share |
| Listing Exchange | SME, BSE |
| Pre-IPO Shareholding | 1,53,50,000 shares |
| Post-IPO Shareholding | 2,08,49,600 shares |
| Market Marker | 2,86,800 shares (Spread X Securities Private Limited) |
| IPO Activity | Date |
| IPO Open Date | 6 February 2025 |
| IPO Close Date | 10 February 2025 |
| Basis of Allotment | 11 February 2025 |
| Refunds Initiation | 12 February 2025 |
| Credit of Shares to Demat | 12 February 2025 |
| Listing Date | 13 February 2025 |
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 600 | ₹1,14,600 |
| Retail (Max) | 1 | 600 | ₹1,14,600 |
| HNI (Min) | 2 | 1200 | ₹2,29,200 |
| Lead Managers |
| Beeline Capital Advisors Private Limited |
| KPI | Value |
| Earnings Per Share (EPS) | 10.39 |
| Price/Earnings (P/E) Ratio | TBD |
| Return on Net Worth (RoNW) | 76.69% |
| Net Asset Value (NAV) | 13.55 |
| Return on Equity | 124.38& |
| Return on Capital Employed (ROCE) | 54.18% |
| EBITDA Margin | 13.40% |
| PAT Margin | 8.79% |
| Debt to Equity Ratio | 1.51 |
| Company Name | Face Value (₹) | EPS (₹) | Basic P/E Ratio | RoNW (%) | Revenue (₹ in Lakhs) | NAV
(₹) |
| Solarium Green Energy Limited | 10.00 | 10.39 | [●] | 76.69 | 17,739.69 | 13.55 |
| Peer Group | ||||||
| Zodiac Energy Limited | 10 | 7.50 | 51.62 | 23.06 | 22,006.11 | 32.51 |
| Oriana Power Limited | 10 | 33.93 | 21.87 | 36.47 | 37,731.44 | 78.81 |
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