Download Unicorn Signals App

By EquityPandit

IPO

Harsha Engineers to Unveil its IPO on September 14

The IPO contains a fresh issue of Rs 455 crore and an Offer-for-Sale of up to Rs 300 crore by promoters and shareholders.

The initial public offering (IPO) of Harsha Engineers International Ltd has decided to set a price band of Rs 314-330 per share for its initial public issue, opening from September 14 to 16. Per market experts, the present grey market premium for the IPO stances at Rs 140-150 a share. On September 23, shares will be credited to investors’ De-mat accounts, thus making its market debut on September 16.

The IPO contains a fresh issue of Rs 455 crore and an Offer-for-Sale of up to Rs 300 crore by promoters and shareholders. A total of Rs 270 crore from the fresh issue will be for debt paying, Rs 77.95 crore for machinery purchase, and Rs 7.12 crore for infrastructure repairs, renovation of the existing facilities, and general corporate proposes. This is the Ahmedabad-based Company’s second attempt to go public. It had filed draft papers with the regulator in August 2018. The lead Managers to issues are Axis Capital, Equirus Capital, and JM Financial.


DRHP stated that Harish Rangwala founded Rajendra Shah Harsha engineering in 1986. 99.7 promoters hold per cent of the company’s equity. Harsha engineering offers a diverse suite of precision engineering products across the globe and end-user industries, including automotive, construction, railways, aviation and renewable energy, aerospace mining, agriculture, and other industrial sectors. Currently, the company has five manufacturing units, three in Gujarat and one in china and Romania.

50 per cent of the market shares are claimed to be held by Harsha Engineers in an organized segment of the Indian bearing cages and globally 5.2 per cent market share bearing cages for brass, steel, and polyamide cages in CY20
On revenue of Rs 1321.48 crore in the year ended March 2022, the company recorded a profit of Rs 91.94 crore, more than the previous year’s revenue profit of 45.44 crores on a revenue of Rs 873.75 crore. In the year-ago period, net debt for the company was Rs 322.08 crore. Currently, the net debt has risen to Rs 356.59 crore.

Manan Doshi, CO-Founder of Unlisted Arena.com, stated that the company’s top and bottom line growth looks impressive. The public offer looks reasonably priced at a post-issue P/E ratio of around 32.70x based on FY 22 earnings. The primary and broader market sentiment is positive, which would help the issue garner a good response; the company is expecting an overwhelming response to the IPO on account of reasonable valuation, advantageous market conditions, and positive listings.

Three IPOs recently this month got a good response from investors. Airport service aggregator DreamFolks Services IPO was subscribed 56.68 times, Syrma SGS Technology, which listed exchanges on August 25, was subscribed nearly 35 times, and Tamilnad Mercantile Bank got 2.86 times subscription.

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.
IPO

What To Expect From Tejas Cargo India IPO GMP: Listing Price, Lot Size & Tejas Cargo IPO Timeline

Dhruva Kulkarni

Tejas Cargo India is set to launch its Rs 105.84 crore IPO, with applications open from 14th to 18th February. This IPO is an entirely fresh issue of 63 lakh shares, and the company will be listed on NSE SME.

It is a book-building issue, requiring retail investors to invest a minimum of Rs 1,34,400, while HNIs must invest at least Rs 2,68,800 for 1,600 shares (2 lots).

Bigshare Services Pvt Ltd is the registrar, and New Berry Capitals Pvt Ltd serves as both the lead manager and market maker for the IPO.

Tejas Cargo India IPO GMP

The latest Tejas Cargo India IPO GMP Rs 0 on 13th Feb 25, 10:15 AM. The expected listing price of Tejas Cargo India is Rs 168. The gain in profit/loss is 0% as.

DateGMPExpected Listing PriceLast Updated
13-02-2025016810:15 AM

Tejas Cargo India IPO Details

Face ValueRs 10 per Share
Lot Size800 Shares
Price BandRs 160 to Rs 168
Listing AtNSE SME
Total Issue Size63,00,000 Shares (aggregating up to Rs 105.84 Cr)
Fresh Issue63,00,000 Shares (aggregating up to Rs 105.84 Cr)
DRHPClick Here
RHPClick Here

Tejas Cargo India IPO Timeline

Open – Close Date14th Feb to 18th Feb
Last UPI Mandate Confirmation5 PM on 18th Feb
IPO Allotment 19th Feb
Amount Refund20th Feb
Credit of Shares20th Feb
Listing Date21st Feb

Tejas Cargo India IPO Lot Size

Application  LotSizeAmount
Retail (Min)1800Rs 1,34,400
Retail (Max)1800Rs 1,34,400
HNI (Min)21,600Rs 2,68,800

Tejas Cargo India Company Details

  • Tejas Cargo India Limited, founded in March 2021, is a Faridabad-based logistics company offering Full Truck Load (FTL) road transportation across India.
  • It serves sectors like logistics, steel, e-commerce, FMCG, and white goods.
  • As of 31st October, 2024, the company operates a fleet of 1,131 vehicles, including 913 container trucks (32-40 feet) and 218 trailers, with an average age of 3.4 and 0.7 years, respectively.
  • During Fiscal 2024, it completed 98,913 trips, with 58,943 trips recorded as of 30th September, 2024.
  • The company runs 23 branches nationwide for placements, loading, and unloading.
  • As of 30th September, 2024, it employs 284 people.

Is Tejas Cargo India IPO Worth Investing?

Ended OnSept 2024March 2024
AssetsRs 294.29 CrRs 236 Cr
RevenueRs 255.09 CrRs 422.59 Cr
PATRs 8.75 CrRs 13.22 Cr

Financial Performance:

Revenue: The company generated Rs 255.09 crore in revenue during the period ended on 30th September, 2024. Revenue has generally increased over the periods, though there was a slight decline in the latest period.

Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 63.16 crore.

Financial Position:

Assets: The company’s total assets amounted to Rs 294.29 crore as of September 2024. Assets have grown significantly, indicating potential expansion and investment.

Profit After Tax (PAT): the company generated PAT of Rs 8.75 crore as of September 2024. Profitability has fluctuated considerably, with a significant drop in the latest period.

Tejas Cargo India IPO FAQs:

1.What is the price band of the Tejas Cargo India IPO?

Tejas Cargo India IPO Price Band is Rs 160 to Rs 168.

2.What is the issue size of the Tejas Cargo India IPO?

Tejas Cargo India IPO issue size is Rs 105.84 crore.

3.What is the lot size of the Tejas Cargo India IPO?

The size of 1 lot is 800 Shares with a minimum bid of Rs 1,34,400.

4.What is the allotment and listing date of the Tejas Cargo India IPO?

The allotment date of the IPO is 19th Feb and the listing date for the same is 21st Feb.

Ask the analyst & get instant answer about any stock.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

IPO

Quality Power Electrical Equipments IPO GMP: Lot Size, Financials & Timeline

Dhruva Kulkarni
Quality Power Electrical Equipments IPO GMP

Quality Power Electrical Equipments is set to launch its Rs 858.70 crore IPO, with applications open from 14th February to 18th February. The offering includes a fresh issue of Rs 225 crore and an offer for sale worth Rs 633.70 crore. The company’s shares will be listed on both the BSE and NSE.

This IPO follows a book-building issue structure, requiring a minimum investment of Rs 11,050 for retail investors. Small NIIs must invest Rs 2,09,950 for 494 shares (19 lots), while large NIIs need to invest Rs 10,05,550 for 2,366 shares (91 lots).

Link Intime India Pvt Ltd is the registrar for the offering. Pantomath Capital Advisors Pvt Ltd is the lead manager for the IPO.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

Quality Power Electrical Equipments IPO GMP

The latest updated Quality Power Electrical Equipments IPO GMP is Rs 28, as of 13th Feb, 2025 10:30 AM. The IPO has a price band of Rs 425. The estimated listing price for Quality Power Electrical Equipments IPO is Rs 453, reflecting a potential gain of 6.5% per share.

DateGMPExpected Listing PriceLast Updated
13-02-2025Rs 28Rs 45310:30AM
12-02-2025Rs 35Rs 46010:00 AM
11-02-2025Rs 20Rs 44504:15 PM
10-02-2025Rs 52Rs 47702:30 PM
09-02-2025Rs 96Rs 52111:30 PM
08-02-2025Rs 135Rs 56011:30 PM

Quality Power Electrical Equipments IPO Details

Face ValueRs 10 per Share
Lot Size26 Shares
Price BandRs 401 to Rs 425
Listing AtNSE, BSE
Total Issue Size2,02,04,618 Shares (aggregating up to Rs 858.70 Cr)
Fresh Issue52,94,118 Shares (aggregating up to Rs 225 Cr)
Offer for Sale1,49,10,500 Shares (aggregating up to Rs 633.70 Cr)
DRHPClick Here
RHPClick Here

Quality Power Electrical Equipments IPO Timeline

Open – Close Date14th Feb to 18th Feb
Last UPI Mandate Confirmation5 PM on 18th Feb
IPO Allotment 19th Feb
Amount Refund20th Feb
Credit of Shares20th Feb
Listing Date21st Feb

Quality Power Electrical Equipments IPO Lot Size

Application  LotSizeAmount
Retail (Min)126Rs 11,050
Retail (Max)18468Rs 1,98,900
S-HNI (Min)19494Rs 2,09,950
S-HNI (Max)902,340Rs 9,94,500
B-HNI (Min)912,366Rs 10,05,550

Quality Power Electrical Equipments Company Details

  • Quality Power Electrical Equipments Limited, incorporated in 2001, focuses on energy transition equipment and power technologies.
  • It provides high-voltage electrical equipment and solutions for grid connectivity and energy transition across generation, transmission, distribution, and automation sectors.
  • The company manufactures critical equipment for HVDC and FACTS networks, facilitating the transition from renewable energy to power grids.
  • With over 20 years of experience, it offers products like reactors, transformers, converters, and grid interconnection solutions globally.
  • It has manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala. In 2011, it acquired 51% of Endoks, a Turkey-based subsidiary.
  • As of 31st March, 2024, the company had 210 customers, including power utilities, industries, and renewable energy entities.

Product portfolio includes:

  • Power Products: Reactors, transformers, line traps, instrument transformers, and metal-enclosed capacitor banks.
  • Power Quality Systems: Static VAR compensators, STATCOMs, harmonic filters, and shunt reactors.

The company employed 163 full-time employees and 372 contractual workers as of 31st March, 2024.

Is Quality Power Electrical Equipments IPO Worth Investing?

Ended OnSept 2024March 2024March 2023
AssetsRs 399.64 CrRs 358.88 CrRs 312.24 Cr
RevenueRs 182.72 CrRs 331.4 CrRs 273.55 Cr
PATRs 50.08 CrRs 55.47 CrRs 39.89 Cr

Financial Performance:

Revenue: The company generated Rs 182.72 crore in revenue during the period ended on 30th September, 2024. Revenue has generally increased over the periods, though there was a slight decline in the latest period.

Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 238.63 crore.

Financial Position:

Assets: The company’s total assets amounted to Rs 399.64 crore as of September 2024. Assets have grown significantly, indicating potential expansion and investment.

Profit After Tax (PAT): the company generated PAT of Rs 50.08 crore as of September 2024. Profitability has fluctuated considerably, with a significant drop in the latest period.

Quality Power Electrical Equipments IPO FAQs:

  1. What is the price band of the Quality Power Electrical Equipments IPO?

Quality Power Electrical Equipments IPO Price Band is Rs 401 to Rs 425.

  1. What is the issue size of Quality Power Electrical Equipments IPO?

Quality Power Electrical Equipments IPO issue size is Rs 858.70 crore.

  1. What is the lot size of Quality Power Electrical Equipments IPO?

The size of 1 lot is 26 Shares with a minimum bid of Rs 11,050.

  1. What is the allotment and listing date of Quality Power Electrical Equipments IPO?

The allotment date of the IPO is 19th Feb and the listing date for the same is 21st Feb.

IPO

Hexaware Technologies IPO GMP & Lot Size Details : Worth Investing Or Not?

Ankit Yadav
Hexaware Technologies IPO

Introduction to Hexaware Technologies IPO

Hexaware Technologies Ltd  is rolling out an IPO for 8750 cr. The application for the IPO will start from 12th to 14th of February. The Hexaware Technologies IPO consists of ₹12,35,87,570 Cr fresh issue and 12.36Cr shares to be offered for sale. The company will be listed on both NSE and BSE.

Hexaware Technologies IPO is a book-building issue, retail investors must make a minimum investment of Rs 14,868 to participate for 1 lot (21 shares). The minimum lot size for an application is 21 shares. Small NII needs to invest at least ₹2,08,152 for 294 shares, equivalent to 14 lots. Large NII need a minimum investment of ₹10,11,024. for 1428 shares, which is 68 lots.

Kfin Technologies Pvt Ltd is the registrar for this offering. Whereas Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, HSBC Securities & Capital Markets Pvt Ltd, IIFL Securities Ltd  are the lead managers for the Hexaware Technologies IPO.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

Hexaware Technologies IPO GMP: 

The latest updated Hexaware Technologies IPO GMP is Rs 3, as of 13th Feb, 2025 10:30 AM. The Hexaware IPO has a price band of ₹708 per share. The estimated listing price for Hexaware Technologies IPO Ltd is Rs 711, reflecting a potential gain of 0.5% per share.

DateGMPExpected Listing PriceLast Updated
13-02-2025Rs 3Rs 71110:30 AM
12-02-2025Rs 3.5Rs 711.52:00 PM
11-02-.2025Rs 3.5Rs 711.510:15 AM
10-02-2025Rs 3Rs 7113:30 PM
09-02-2025Rs 8Rs 7169:30 AM
08-02-2025Rs 11Rs 7199:30 AM
07-02-2025Rs 19Rs 7273:30 PM

Hexaware Technologies IPO Details

Face Value1 Rs per share
Lot Size21 shares
Price Band674-708
Listing AtNSE, BSE
Total Issue Size12,35,87,570 cr shares (Sum of Rs 8750 cr)
Offer for sale12,35,87,570cr share (Sum of  ₹8,750.00 cr)
DRHPLink
RHPLink

Hexaware Technologies IPO Timeline:

Open – Close Date12th to 14th Feb 2025
Last UPI Mandate Confirmation5pm, 14th Feb
IPO Allotment 17th Feb
Amount Refund 18th Feb
Credit of Shares18th Feb
Listing date19th Feb

Hexaware Technologies IPO IPO Lot Size:

ApplicationLotSizeAmount
Retail (Min)121₹14868
Retail (Max)13273₹1,93,284
S-HNI (Min)14294₹2,08,152
S-NHI (Max)661407₹9,96,156
B-HNI (Min)671428₹10,11,024

Hexaware Technologies  Company Details:

  • Hexaware Technologies Limited, founded in 1992, gently guides businesses through their digital transformations, offering a helping hand with technology services.
  • Their heart lies in artificial intelligence (AI), and they thoughtfully weave AI into many of their offerings.
  • They extend their services to a variety of industries, including the world of finance, the delicate field of healthcare, the industrious realm of manufacturing, the ever-important banking sector, and the exciting world of travel.
  • Hexaware has crafted AI-powered platforms, with names like RapidX, Tensai, and Amaze, to assist their clients.
  • With a global presence, they have delivery centers in India, Sri Lanka, and other locations, demonstrating their commitment to reaching clients far and wide.
  • Their business approach centers on AI-driven solutions, carefully designed for digital transformation, cloud adoption, and the streamlining of processes through automation.

Is Hexaware Technologies IPO IPO Worth Investing?

Here is the financial data of the company,

Ended on30 September 202431 December 202330 September 202331 December 2022
Assets8594.2 cr7202.1 cr7021.1 cr6514 cr
Revenue8871.3 cr10,389.1 cr7763.1 cr9378.8 cr
PAT853.3 cr997.6 cr804.8 cr884.2 cr
Net Worth4876 cr4230.9 cr4294 cr3378.1 cr
Reserve & Surplus4816.7 cr4171.6 cr4234.7 cr3719.1 cr
  • Asset Growth: Total assets have grown significantly. From 6514 crore in Dec 2022 to 8594.2 crore in Sep 2024, that’s an increase of 32%. This demonstrates substantial expansion.
  • Net Worth Improvement: Net worth has also seen a strong increase, rising from 3378.1 crore in Dec 2022 to 4876 crore in Sep 2024, a growth of 44%. This indicates a significant increase in shareholder value.
  • Revenue Fluctuation: Revenue shows some fluctuation. A direct year-over-year comparison (Sep 2023 vs Sep 2024) shows revenue growth from 7763.1 crore to 8871.3 crore, an increase of about 14%. 
  • PAT Trend:  Year-over-year (Sep 2023 vs Sep 2024), PAT increased from 804.8 crore to 853.3 crore, a rise of roughly 6%.
  • Reserves and Surplus: Reserves and surplus have grown from 3719.1 crore in Dec 2022 to 4816.7 crore in Sep 2024, an increase of 29%. This indicates the company is building a strong financial cushion.

Key Takeaways:

  • Hexaware has demonstrated strong growth in assets and net worth.
  • While year-over-year revenue and PAT have increased
  • The company is building a solid financial foundation with increasing reserves and surplus.

Hexaware Technologies IPO FAQs:

1.What is the price band of the Hexaware Technologies IPO?
Hexaware Technologies IPO Price Band is ₹674 to ₹708.

2.What is the issue size of the Hexaware Technologies IPO?
Hexaware Technologies IPO issue size is ₹8750 crores.

3.What is the lot size of the Hexaware Technologies IPO?
The size of 1 lot is 21 Shares with a minimum amount bid of ₹14,868.

4.What is the allotment and listing date of the Hexaware Technologies IPO?
The allotment date of the IPO is 17th Feb and the listing date of the Hexaware Technologies IPO is 19th Feb.

IPO

Ajax Engineering IPO GMP Today, Share Price, Lot Size & Key Dates

Dhruva Kulkarni
Ajax Engineering IPO GMP

Ajax Engineering is gearing up to launch its Rs 1,269.35 Crore IPO, with applications open from 10th February to 12th February. The IPO is entirely an offer-for-sale, comprising 2.02 crore shares, and will be listed on both the BSE and NSE.

This IPO follows a book-building issue structure, requiring a minimum investment of Rs 14,467 for retail investors. Small NIIs must invest Rs 2,02,538 for 322 shares (14 lots), while large NIIs need to invest Rs 10,12,690 for 1,610 shares (70 lots).

Link Intime India Pvt Ltd is the registrar for the offering. ICICI Securities Ltd, Citigroup Global Markets India Pvt Ltd, Jm Financial Ltd, Nuvama Wealth Management Ltd, and SBI Capital Markets Ltd are the lead managers for the IPO.

Ajax Engineering IPO GMP

The Ajax Engineering IPO GMP is Rs 4.5, as of 12th Feb, 2025 02:00 PM. The IPO has a price band of Rs 629. The estimated listing price for Ajax Engineering IPO is Rs 633.5, reflecting a potential gain of 0.7% per share.

DateGMPExpected Listing PriceLast Updated
12-02-2025Rs 04.5Rs 63602:00 PM
11-02-2025Rs 08 Rs 6374::15 PM
10-02-2025Rs 32Rs 66103:30 PM
09-02-2025Rs 52Rs 68109:30 AM
08-02-2025Rs 55Rs 68409:30 AM
07-02-2025Rs 57Rs 68609:30 AM
06-02-2025Rs 48Rs 67711:30 AM
05-02-2025Rs 58Rs 68711:30 PM

Ajax Engineering IPO Details

Face ValueRs 1 per Share
Lot Size23 Shares
Price BandRs 599 to Rs 629
Listing AtNSE, BSE
Total Issue Size2,01,80,446 Shares (aggregating up to Rs 1,269.35 Cr)
Fresh Issue2,01,80,446 Shares (aggregating up to Rs 1,269.35 Cr)
DRHPClick Here
RHPClick Here

Ajax Engineering IPO Timeline

Open – Close Date10th Feb to 12th Feb
Last UPI Mandate Confirmation5 PM on 12th Feb
IPO Allotment 13th Feb
Amount Refund14th Feb
Credit of Shares14th Feb
Listing Date17th Feb

Ajax Engineering IPO Lot Size

Application  LotSizeAmount
Retail (Min)123Rs 14,467
Retail (Max)13299Rs 1,88,071
S-HNI (Min)14322Rs 2,02,538
S-HNI (Max)691,587Rs 9,98,223
B-HNI (Min)701,610Rs 10,12,690

Ajax Engineering Company Details

  • Incorporated in July 1992, Ajax Engineering Limited manufactures concrete equipment and services across the value chain.
  • By 30th September, 2024, the company developed 141 concrete equipment variants and sold over 29,800 units in India over ten years.
  • It has four facilities in Karnataka, including Obadenahalli, Gowribidanur, and Bashettihalli, each specialising in different products.
  • The workforce includes 79 full-time design, engineering, and development employees, accounting for 15.96% of the total workforce as of 30th September, 2024.
  • By 30th September, 2024, Ajax Engineering had 51 dealerships across 23 Indian states, providing 114 touchpoints, with 34 serving as service centers.
  • It has established 25 dealers and distributors across South and Southeast Asia, the Middle East, and Africa as of 30th September, 2024.
  • The company sold concrete equipment and spare parts to over 15,700 customers by 30th September, 2024.
  • Its product portfolio includes self-loading concrete mixers, batching plants, transit mixers, boom pumps, concrete pumps, self-propelled boom pumps, slipform pavers, and 3D concrete printers.
  • As of 30th September, 2024, the service team included 85 employees, such as coordinators, managers, specialists, and customer service executives.

Is Ajax Engineering IPO Worth Investing?

Ended OnSept 2024March 2024March 2023
AssetsRs 1,348.76 CrRs 1,236.14 CrRs 966.73 Cr
RevenueRs 794.16 CrRs 1,780.07 CrRs 1,172.57 Cr
PATRs 101.02 CrRs 225.15 CrRs 135.9 Cr

Financial Performance:

Revenue: The company generated Rs 794.16 crore in revenue during the period ended on 30th September, 2024. Revenue has generally increased over the periods, though there was a slight decline in the latest period.

Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 995.84 crore.

Financial Position:

Assets: The company’s total assets amounted to Rs 1,348.76 crore as of September 2024. Assets have grown significantly, indicating potential expansion and investment.

Profit After Tax (PAT): the company generated PAT of Rs 101.02 crore as of September 2024. Profitability has fluctuated considerably, with a significant drop in the latest period.

Ajax Engineering IPO FAQs:

What is the price band of the Ajax Engineering IPO?

Ajax Engineering IPO Price Band is Rs 599 to Rs 629.

What is the issue size of Ajax Engineering IPO?

Ajax Engineering IPO issue size is Rs 1,269.35 crore.

What is the lot size of Ajax Engineering IPO?

The size of 1 lot is 23 Shares with a minimum bid of Rs 14,467.

What is the allotment and listing date of Ajax Engineering IPO?

The allotment date of the IPO is 10th Feb and the listing date for the same is 12th Feb.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

IPO

Solarium Green Energy IPO GMP: Share Price, Lot Size & Expected Return In Solarium SME IPO

Dhruva Kulkarni
Solarium Green Energy IPO GMP

Solarium Green Energy is set to launch its Rs 105.04 Crore IPO. The application for the same will start from 6th February and end on 10th February. This IPO is entirely a fresh issue of 55 lakh shares. The company will be listed on BSE SME.

Solarium Green Energy IPO is a book-building issue, requiring retail investors to make a minimum investment of Rs 1,14,600 to participate. HNIs must invest at least Rs 2,29,200 for 1,200 shares, equivalent to 2 lots.

Link Intime India Pvt Ltd is the registrar for this offering. Whereas Beeline Capital Advisors Pvt Ltd is the lead manager for Solarium Green Energy IPO. The Market Maker for the same is Spread X Securities Pvt Ltd.

Solarium Green Energy IPO GMP

The latest updated Solarium Green IPO GMP is Rs 9, as of 10th Feb, 2025 03:30 PM. The IPO has a price band of Rs 191. The estimated listing price for Solarium IPO is Rs 200 reflecting a potential gain of 4.7% per share.

DateGMPExpected Listing PriceLast Updated
10-02-2025Rs 9Rs 20003:30 PM
09-02-2025Rs 0Rs 19109:30 AM
08-02-2025Rs 6Rs 19709:30 AM
07-02-2025Rs 10Rs 20109:30 AM
06-02-2025Rs 15Rs 21002:00 PM
05-02-2025Rs 22Rs 21309:30 AM
04-02-2025Rs 0Rs 19110:32 AM

Solarium Green Energy IPO Details

Face ValueRs 10 per Share
Lot Size600 Shares
Price BandRs 181 to Rs 191
Listing AtBSE SME
Total Issue Size54,99,600 Shares (aggregating up to Rs 105.04 Cr)
Fresh Issue54,99,600 Shares (aggregating up to Rs 105.04 Cr)
DRHPClick Here
RHPClick Here

Solarium Green Energy IPO Timeline

Open – Close Date6th Feb to 10th Feb
Last UPI Mandate Confirmation5 PM on 10th Feb
IPO Allotment 11th Feb
Amount Refund12th Feb
Credit of Shares12th Feb
Listing Date13th Feb

Solarium Green Energy IPO Lot Size

Application  LotSizeAmount
Retail (Min)1600Rs 1,14,600
Retail (Max)1600Rs 1,14,600
HNI (Min)21,200Rs 2,29,200

Solarium Green Energy Company Details

Solarium Green Energy Limited, established in 2015, provides solar solutions for residential, commercial, industrial, and government projects.

The company offers turnkey services, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and maintenance.

It handles EPC (Engineering, Procurement, and Commissioning) contracts, covering site assessment, technology evaluation, supply chain, construction, logistics, manpower, financial planning, and warranties.

Business Model:

  • Turnkey Solutions: Provides rooftop and ground-mounted solar installations and government tenders, including hybrid and grid-connected solutions.
  • Solar Products: Supplies PV modules, inverters, and ABT meters while previously manufacturing polycrystalline solar modules.

Achievements in the last three years include 11,195 residential, 172 commercial and industrial, and 17 government solar projects.

As of 30th September, 2024, the company employs 253 people.

Is Solarium Green Energy IPO Worth Investing?

Ended OnSept 2024March 2024March 2023
AssetsRs 95.25 CrRs 77.21 CrRs 44.37 Cr
RevenueRs 82.34 CrRs 177.81 CrRs 98.93 Cr
PATRs 7.55 CrRs 15.59 CrRs 1.74 Cr

Financial Performance:

Revenue: The company generated Rs 82.34 crore in revenue during the period ended on 30th September, 2024. Revenue has generally increased over the periods, though there was a slight decline in the latest period.

Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 33.13 crore.

Financial Position:

Assets: The company’s total assets amounted to Rs 95.25 crore as of September 2024. Assets have grown significantly, indicating potential expansion and investment.

Profit After Tax (PAT): the company generated PAT of Rs 7.55 crore as of September 2024. Profitability has fluctuated considerably, with a significant drop in the latest period.

Solarium Green Energy IPO FAQs:

What is the price band of the Solarium Green Energy IPO?

Solarium Green Energy IPO Price Band is Rs 181 to Rs 191.

What is the issue size of the Solarium Green Energy IPO?

Solarium Green Energy IPO issue size is Rs 105.04 crore.

What is the lot size of the Solarium Green Energy IPO?

The size of 1 lot is 600 Shares with a minimum bid of Rs 1,14,600.

What is the allotment and listing date of the Solarium Green Energy IPO?

The allotment date of the IPO is 11th Feb and the listing date for the same is 13th Feb.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

Latest
IPO
Weekly
Outlook

Stock
Market
Prediction