Explore ACME Solar Holdings IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
ACME Solar Holdings Limited is one of India’s largest renewable energy independent power producers (IPPs), with a diversified portfolio encompassing solar, wind, hybrid, and firm and dispatchable renewable energy (FDRE) projects. Founded in 2015 to consolidate the ACME Group’s renewable energy ventures, the company has grown from a solar-focused player to an integrated renewable energy company, known for developing, building, owning, and operating utility-scale projects. The company leverages in-house engineering, procurement, and construction (EPC) and operations & maintenance (O&M) capabilities to efficiently execute and maintain its projects. With a total operational capacity of 1,340 MW (1,826 MWp), under-construction contracted and awarded projects of 4,980 MW, and connectivity applications for 3,300 MW, ACME Solar is poised to expand its market presence further. Over the years, it has successfully developed 2,719 MW (3,668 MWp) of solar projects and continues to grow through a mix of organic expansion and strategic divestments.
Key Points:
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Fields | Details |
---|---|
IPO Dates | 06 Nov - 08 Nov 2024 |
IPO Price Band | ₹275 - ₹289 per share |
Fresh Issue | ₹2,395 crore |
Offer For Sale | ₹505 crore |
Total IPO Size | ₹2,900 crore |
Face Value | ₹2 |
Listing On | BSE, NSE |
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
Event | Date |
---|---|
IPO Opening Date | 06 Nov 2024 |
IPO Closing Date | 08 Nov 2024 |
Basis Of Allotment | 11 Nov 2024 |
Refunds | 12 Nov 2024 |
Demat Transfer | 12 Nov 2024 |
IPO Listing Date | 13 Nov 2024 |
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
---|---|---|---|---|
Total Income | 1,562.73 | 1,361.37 | 1,466.27 | 340.01 |
Total Expenses | 1,789.86 | 1,416.21 | 1,305.53 | 289.76 |
Net Profit/Loss | 62.01 | -3.17 | 697.78 | 1.39 |
NPM (*) | 3.97 | -0.23 | 47.59 | 0.41 |
Total Assets | 10,886.72 | 12,186.95 | 13,399.80 | 13,985.14 |
Total Liabilities | 8,877.56 | 10,256.49 | 10,808.93 | 12,043.01 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
---|---|---|---|---|
EPS | 1.12 | -0.06 | 12.55 | 0.03 |
ROE (%) | 31.87 | 25.34 | 38.83 | 2.93 |
ROCE (%) | NA | NA | NA | NA |
D/E Ratio | 3.56 | 3.85 | 2.66 | 3.89 |
Current Ratio | 1.88 | 2.79 | 2.20 | 2.05 |
EBITDA MARGIN (%) | 83.36 | 90.55 | 82.56 | 87.75 |
* Compiled from DRHP/RHP for valuation purposes.
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
Name | Revenue | P/E | EPS | RoNW | NAV |
---|---|---|---|---|---|
ACME Solar Holdings Limited | 1,319.25 | 23.03 | 12.55 | 26.93 | 49.61 |
Adani Green Energy Limited | 9,220.0 | 291.7 | 6.20 | 7.22 | 85.86 |
ReNew Energy Global PLC | 8,194.80 | 48.8 | 9.92 | 3.07 | 332.16 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Investor Type | Shares Offered |
---|---|
Qualified Institutional Buyer (QIB) | Not less than 75% |
Non-Institutional Investor (NII/HNI) | Not more than 15% |
Retail Individual Investor (RII) | Not more than 10% |
Investor Type | Subscribed |
---|---|
Qualified Institutional Buyer (QIB) | 3.72 |
Non-Institutional Investor (NII/HNI) | 1.02 |
Retail Individual Investor (RII) | 3.25 |
Total | 2.89 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
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ACME Solar Holdings Limited
Plot No. 152, Sector 44, Gurugram 122 002, Haryana, India
Phone: +91 124 7117000
Email: cs.acme@acme.in
Website: www.acmesolar.in