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IPO Note | Closed

ACME Solar Holdings Ltd

01-Jan-1900

Minimum Investment

14,739

Retail Investor can invest upto Rs 0 in IPO
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Retail Discount

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Open Date

06-Nov-24
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Close Date

08-Nov-24
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Application Timing

IPO Details

  • Min Order Quantity
    51
  • Price Range
    289-0
  • Issue Size
    2900
  • Face Value
    2
  • Listing at
    BSE
  • IPO Doc
    DRHP PDFpdf - img

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Lead Manager

ICICI Securities Ltd

About Company

Infollion Research Services Limited is a tech-oriented marketplace. They are operating in the B2B Human Cloud segment, catering to on-demand contingent hiring and work arrangements with senior management talent, subject matter experts, and high-ranking, seasoned professionals. In this highly dynamic and ever-evolving world, Infollion is providing a platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect and find synergetic outcomes The client base of Infollion Research includes top-tier Global Management Consulting firms, Hedge funds, Private Equity funds, and mid-tier Corporates.

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    Parent Organization
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    Founded
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    Managing Director
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    Website
    www.acmesolar.in
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    Registered Office
    Plot No.152,Sector 44,
    Gurugram,122002,Haryana

IPO Schedule

Offer Start

06-Nov-24

Offer End

08-Nov-24

Allotment Finalization

NA

Refund initiation

NA

Demat transfer

NA

Listing

NA

Key Objective

Initial public offering of 100,381,678# equity shares of face value of Rs. 2 each ("Equity Shares") of Acme Solar Holdings Limited (the "Company" or the "Issuer") for cash at a price of Rs. 289.00# per equity share including a securities premium of Rs. 287.00 per equity share (the "Offer Price") aggregating to Rs. 2900.00# crores (the "Offer"). The offer comprises a fresh issue of 82,907,630# equity shares by the company aggregating to Rs. 2395.00 crores (the "Fresh Issue") and an offer for sale of 17,474,048 equity shares (the "Offered Shares") aggregating to Rs. 505.00 crores (the "Offer for Sale") by Acme Cleantech Solutions Private Limited (referred to as the "Promoter Selling Shareholder"). The offer includes a reservation of 381,679# equity shares, aggregating to Rs. 10.00# crores (constituting to 0.06% of the post offer paid-up equity share capital of the company), for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 16.59% and 16.53%, respectively, of the post-offer paid-up equity share capital of the company. The company, in consultation with the book running lead managers ("brlms"), offered a discount of Rs. 27.00 on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). *Subject to finalization of basis of allotment. #A discount of Rs. 27.00 per equity share was offered to eligible employees bidding in the employee reservation portion.

Financial Snapshot (Consolidated)

Financial Year Ended Revenue( Crores) PAT ( Crores) EPS()
Mar 2024 1319.25 698.23 66.85
Mar 2023 1294.9 -3.14 -0.3
Mar 2022 1487.9 62.03 5.94
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Step 1

Go to IPO Online page

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Step 2

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Step 3

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Step 4

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