The allotment for Solarium Green Energy IPO, one of the upcoming IPOs, is expected to be finalised today, Tuesday, February 11, 2025. The IPO, which closed on February 10, 2025, saw significant investor interest and was oversubscribed by 8.83 times.
The issue size for the IPO is ₹105.04 crore, with a price band of ₹181-191 per share. The lot size for the IPO is 600 shares.
Once the allotment is confirmed, investors can check the status on the official BSE website or through the registrar Link Intime India.
Solarium Green Energy shares are expected to be listed on the BSE SME platform on Thursday, February 13, 2025.
Founded in 2015, Solarium Green Energy focuses on providing solar solutions, including design, engineering, procurement, and maintenance services for residential, commercial, industrial, and government solar projects. The company also sells solar products like PV modules and inverters sourced from accredited vendors. The funds raised from the IPO will be utilised for working capital requirements and general corporate purposes.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 11, 2025, 11:46 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates