
Energy / Renewable Energy · BSE
Solarium Green Energy Limited, incorporated in 2015, is engaged in providing turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and Operation & Maintenance (O&M) for residential, commercial, industrial, and government solar projects. The company operates under a dual business model: Turnkey EPC (Engineering, Procurement, and Commissioning) contracts and the sale of solar products. Under its EPC services, Solarium Green Energy manages site assessment, technology evaluation, engineering, supply chain management, construction, logistics, manpower, financial planning, and warranties. It offers residential rooftop solar installations, commercial and industrial (C&I) rooftop and ground-mounted projects, and executes government tenders for renewable energy systems, including hybrid and grid-connected solutions. The company also supplies solar products such as PV modules, inverters, and ABT meters, procuring from accredited vendors, and has previously manufactured polycrystalline solar modules for turnkey projects and direct client supply. Over the past three years, Solarium Green Energy has completed 11,195 residential, 172 commercial and industrial, and 17 government solar projects. As of September 30, 2024, the company employs 253 people.
Price Band
₹181 – ₹191
Issue Size
₹105 Cr
Lot Size
600 shares
GMP
+2.1%
Est. Listing
₹195
at current GMP
Subscribed
8.93x
overall
Open
6 Feb 2025
Close
10 Feb 2025
Allotment
11 Feb 2025
Refund
12 Feb 2025
Demat Credit
13 Feb 2025
Listing
13 Feb 2025
Designated Registrar: Link Intime India Private Limited
Allotment Date
11 Feb 2025
Basis finalization
Refunds Initiate
12 Feb 2025
Mandate release
Demat Credit
13 Feb 2025
Shares in demat
Listing Debut
13 Feb 2025
Trading begins
Solarium Green Energy Limited is bringing an initial public offering (IPO) in the Energy / Renewable Energy sector with an aggregate issue size of ₹105.04 Crores. The shares are offered at a price band of ₹181 to ₹191 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,14,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-02-13, while un-allotted funds or UPI block mandates will be released on 2025-02-12.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.