
Renewable Energy · NSE / BSE
Incorporated in June 2015, ACME Solar Holdings Limited is a leading renewable energy producer in India, focused on developing, building, owning, operating, and maintaining large-scale solar and wind power projects through its in-house EPC and dedicated O&M teams. The company’s revenue is primarily generated through the sale of electricity to central and state government-backed off-takers. As of March 31, 2024, ACME Solar had 1,320 MW (1,802 MWp) of operational solar capacity, 1,650 MW of contracted under-construction projects (including 1,500 MW of solar and 150 MW of wind), and 2,380 MW of awarded under-construction capacity (comprising 300 MW solar, 830 MW hybrid, and 1,250 MW Fully Dispatchable Renewable Energy projects), reinforcing its significant presence in India’s renewable energy sector.
Price Band
₹275 – ₹289
Issue Size
₹2900 Cr
Lot Size
51 shares
GMP
-1.4%
Est. Listing
₹285
at current GMP
Subscribed
2.89x
overall
Open
6 Nov 2024
Close
8 Nov 2024
Allotment
11 Nov 2024
Refund
12 Nov 2024
Demat Credit
13 Nov 2024
Listing
13 Nov 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹289
Band: ₹275 – ₹289
Estimated Listing Price
₹285
Upper price + GMP
Lot Size
51 shares
Min investment ₹14,739
Estimated Profit / Lot
₹0
51 × ₹-4
Grey Market Premium trend
-₹4
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | -₹4 | -1.4% | ₹285 |
| 30 Oct 2026 | -₹4 | -1.4% | ₹285 |
| 29 Oct 2026 | — | -1.3% | ₹285 |
GMP is unofficial market data. Not a guarantee of listing performance.
ACME Solar Holdings Limited is bringing an initial public offering (IPO) in the Renewable Energy sector with an aggregate issue size of ₹2,900 Crores. The shares are offered at a price band of ₹275 to ₹289 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-11-08, the basis of allotment is scheduled to be finalized on 2024-11-11. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest grey market premium for ACME Solar Holdings Limited IPO is ₹-4, which indicates an expected listing price of ₹285.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.