ACME Solar Holdings Limited IPO
ACME Solar Holdings Limited was a mainboard IPO in the Power Generation sector, offered at ₹275–₹289 per share to raise ₹2,900 crore. The issue was subscribed 2.75× overall (QIBs 3.54×, NIIs 0.97×, retail 3.1×). It listed on 13 Nov 2024 at ₹251 and closed its first day at ₹253, a listing loss of -12.4% versus the ₹289 issue price. It now trades around ₹405 (+40.1% versus the issue price).
Frequently asked questions
- How many times was the ACME Solar Holdings Limited IPO subscribed?
- The ACME Solar Holdings Limited IPO was subscribed 2.75× overall — 3.54× in the QIB category, 0.97× among non-institutional investors, 3.1× in retail.
- What were the ACME Solar Holdings Limited IPO listing gains?
- ACME Solar Holdings Limited listed on 13 Nov 2024 at ₹251, closing its first day at ₹253 — a listing loss of -12.4% versus the ₹289 issue price.
- What were the retail allotment odds for the ACME Solar Holdings Limited IPO?
- Retail was subscribed 3.1×, so a single-lot application had roughly a 32.3% chance of allotment (about 1 in 3), and allotment was finalised on 11 Nov 2024.
- What was the price band and lot size of the ACME Solar Holdings Limited IPO?
- The price band was ₹275–₹289 per share, with a minimum lot of 51 shares (₹14,739 at the upper band).
- Who were the registrar and lead manager for the ACME Solar Holdings Limited IPO?
- Kfin Technologies Limited was the registrar, and Nuvama (Edelweiss) was the book-running lead manager.