What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of ACME Solar Holdings Limited IPO?

ACME Solar Holdings Limited IPO has received a total subscription of 2.89 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

ACME Solar Holdings Limited

ListedMainboard

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

₹4

-1.4%

Est. Listing

₹285

at current GMP

Subscribed

2.89x

overall

Open

6 Nov 2024

8 Nov 2024

Allotment

11 Nov 2024

Refund

12 Nov 2024

Demat Credit

13 Nov 2024

Listing

13 Nov 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

2.89x

Total Demand

QIB Multiplier

3.72x

Institutions & Funds

NII / HNI

1.02x

High Net-Worth

Retail (RII)

3.26x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 2.89x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	30,000,000	111,556,023	3.72x
NIB	15,000,000	15,268,737	1.02x
HNIs(10L +)	10,000,000	9,059,793	0.91x
HNIs (2-10L)	5,000,000	6,208,944	1.24x
RETAIL	10,000,000	32,550,444	3.26x
EMPLOYEES	346,021	640,254	1.85x
Total	70,346,021	175,284,195	2.89x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 3.18x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	688,649	2,244,996	3.26x
HNIs (10L +)	4,405	4,493	1.02x
HNIs (2-10L)	21,081	21,503	1.02x
Total Applications	714,135	2,270,992	3.18x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About ACME Solar Holdings Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is ACME Solar Holdings Limited IPO GMP today?

Currently, ACME Solar Holdings Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹275 to ₹289 per equity share.

What is the expected profit per lot for ACME Solar Holdings Limited IPO?

The retail lot size is 51 shares requiring a minimum application amount of ₹14,739. Expected listing price is ₹285 per equity share.

What is the issue size and price band for ACME Solar Holdings Limited IPO?

The ACME Solar Holdings Limited IPO aggregate issue size is ₹2,900 Crores with an equity price band set at ₹275 to ₹289 per equity share. The retail lot size is 51 shares requiring a minimum capital outlay of approx. ₹14,739.

How can I check ACME Solar Holdings Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.89x (Retail: 3.26x, QIB: 3.72x, NII: 1.02x). You can track live multiples directly on our dedicated subscription page.

Where and when will ACME Solar Holdings Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-11-11. Investors can verify status using PAN card or application number.

When is the listing date for ACME Solar Holdings Limited IPO?

ACME Solar Holdings Limited shares are scheduled to list on NSE and BSE on 2024-11-13.