IPO

Solar91 Cleantech Limited IPO

NSE SME

Offer Date: Dec 24, 2024 - Dec 27, 2024

Exp. Premium: 65-70 (33.33%)

₹ 117000 /600 Shares

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Solar91 Cleantech IPO Details

24 Dec, 2024

Open Date

27 Dec, 2024

Close Date

30 Dec, 2024

Allotment Date

01 Jan, 2025

Listing Date

Issue Price

₹185-195 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE 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

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 SME IPO. The issue is priced at ₹185-195 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Dec 24, 2024, and closes on Dec 27, 2024. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Solar91 Cleantech Limited IPO opens on Dec 24, 2024 and closes on Dec 27, 2024.

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 Dec 30, 2024.

Ans. The Solar91 Cleantech Limited IPO will be listed on Jan 1, 2025.

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