IPO

Solar91 Cleantech Limited IPO

BSE SME

Offer Date Coming Soon

₹ 117000 /600 Shares

Solar91 Cleantech IPO Details

TBA

Open Date

TBA

Close Date

TBA

Allotment Date

TBA

Listing Date

Issue Price

₹185-195 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Maashitla Securities Private Limited

Market Lot

600 Shares (₹117,000/-)

Lead Manager

Narnolia Financial Services Ltd

Issue Size

54,36,000 shares(aggregating up to ₹106.00 Cr)

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP


The IPO of Solar91 Cleantech is priced at ₹185-195 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Maashitla Securities Private Limited is the registrar of the issue.

Solar91 Cleantech IPO bid opening date is from TBA and the bid closing date was TBA.
Solar91 Cleantech IPO allotment result will be available on TBA. The tentative listing date for Solar91 Cleantech is TBA.

The total issue size is 54,36,000 shares(aggregating up to ₹106.00 Cr).

Read More

Solar91 Cleantech Valuations

EPS Pre IPO

₹/-

EPS Post IPO

₹/-

P/E Pre IPO

P/E Post IPO

RoNW

49.51%

Solar91 Cleantech Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets2,495.281,299.4953.85
Revenue4,297.43,766.954,201.23
Profit After Tax235.8120.3332.34

About The Company

Solar91 Cleantech Limited is engaged in providing Engineering, Procurement, and Construction (EPC) Solar Energy Solutions to commercial and industrial customers with renewable energy systems to help reduce their power consumption.

The company primarily focuses on serving customers and investors in the distributed renewable energy market. This includes rooftop solar for industrial, commercial, and residential sectors, as well as open access, group captive solutions, agro PV, and distributed solar investment opportunities.

Read More

Solar91 Cleantech - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)
  1. Mr. Prateek Agrawal
  2. Mr. Saurabh Vyas
  3. Mr. Sandeep Gurnani
  4. Mr. Dhawal Gaurang Vasavada

Solar91 Cleantech IPO - Issue Objectives

  1. To meet the expenses for Investment in Subsidiary for development of Solar Projects as an Independent Power Producer (IPP)
  2. To meet the expenses for Working capital requirement for the company
  3. To meet the expenses for General Corporate Purpose

Solar91 Cleantech IPO - FAQs

Ans. Solar91 Cleantech Limited IPO is a Upcoming IPO. The issue is priced at ₹185-195 per equity share. The minimum order quantity is 600 Shares. The IPO opens on TBA, and closes on TBA. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Solar91 Cleantech Limited IPO opens on TBA and closes on TBA.

Ans. The size of Solar91 Cleantech Limited IPO is 54,36,000 shares(aggregating up to ₹106.00 Cr).

Ans. The IPO price band is set between ₹185-195 per equity share.

Ans. To apply for Solar91 Cleantech Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Solar91 Cleantech Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Solar91 Cleantech Limited IPO is TBA.

Ans. The Solar91 Cleantech Limited IPO will be listed on TBA.

Ans. Follow the steps to check the allotment status for Solar91 Cleantech Limited IPO here.