• Source:JND
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ACME Solar Holding Price Band: The initial public offering (IPO) will be the primary market this week. The company's IPO will open for retail investors on November 6. and investors can place bids for the IPO until November 8. ACME Solar Holding aims to raise Rs 2900 crore with the public offering. The company will issue 8.29 crore fresh shares and 1.75 crore shares as Offer for Sale.

The company will allot Shares to investors on November 11, 2024. The company shares are scheduled to be listed on BSE And NSE for November 13.

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Acme Solar Holding IPO Details

Acme Solar Holding IPO Price Band And Lot Size

The price band of the ACME Solar Holdings IPO has been fixed at Rs 275 to Rs 289 per share and the lot size is 51 shares. that means retail investors will have to bid at least Rs 14,739.

Shares Reservation

At least 75% of the IPO will be reserved for qualified institutional buyers. At the same time, a maximum of 10% will be reserved for retail investors. Non-institutional investors can get a maximum of 15% share.

Acme Solar Financials

ACME Solar Holdings generated a revenue of Rs 340.01 crore in the June quarter. The company's profit after tax payment was Rs 1.39 crore. At the same time, talking about the financial year, the company's revenue was Rs 1466.27 crore. During this period, the company's profit was Rs 697.78.

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