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ACME SOLAR HOLDINGS IPO

ACME SOLAR HOLDINGS IPO

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Registrar: KFin Technologies Limited · Listing 2024-11-13
IPO Timeline
Today · 20 Oct 2026
Opens
06 Nov 2024
Closes
08 Nov 2024
Allotment
11 Nov 2024
Refund
12 Nov 2024
Demat
12 Nov 2024
Listing
13 Nov 2024
Price Band
₹275–289
GMP
₹0
0%
Lot Size
51 Shares
Min ₹14,739
Subscription
0x
Issue Size
₹2900 Cr
Open
2024-11-06
Close
2024-11-08
Listing
2024-11-13

About the company

ACME Solar Holdings Limited is one of the largest renewable energy independent power producers (IPP) in India as of 30 June 2024. Its portfolio includes solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects. It sells electricity to off-takers, which include central and state government-backed entities. It is present in the states of Gujarat, Rajasthan, Madhya Pradesh, Andhra Pradesh, Karnataka, and Tamil Nadu. Noteably, the ACME Group has a track record of developing, executing and commissioning a total of 2,719 MW of solar power projects since inception.

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 13 Nov 2024
      Listed 706 days ago
      1. IPO Opens

        Completed
        06 Nov 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        08 Nov 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        11 Nov 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        12 Nov 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        12 Nov 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        13 Nov 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      51 shares
      Price / Share (upper)
      ₹289
      Min Investment (1 lot)
      ₹14,739
      Price Band
      ₹275–289
      Retail
      ≤ ₹2,00,000
      Min lots
      1
      Min shares
      51
      Min amount
      ₹14,739
      Max amount
      ₹191,607
      sHNI (Small HNI)
      ₹2L – ₹10L
      Min lots
      14
      Min shares
      714
      Min amount
      ₹206,346
      Max amount
      ₹987,513
      bHNI (Big HNI)
      > ₹10L
      Min lots
      68
      Min shares
      3468
      Min amount
      ₹1,002,252
      Max amount
      ₹1,075,947

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹1450 Cr
      Shares offered
      51,418,440
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹435 Cr
      Shares offered
      15,425,532
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹1015 Cr
      Shares offered
      35,992,908
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).