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ACME Solar Holdings Ltd IPO; Key GMP Updates You Need to Know! Discover More

ACME Solar Holdings Limited IPO offers shares at ₹275 to ₹289, with a ₹27 Grey Market Premium. Available in 51 share lots, the subscription runs from November 6 to November 8, 2024.
ACME Solar Holdings Ltd IPO; Key GMP Updates You Need to Know! Discover More

ACME Solar Holdings Limited IPO has a ₹27 Grey Market Premium as of November 5, 2024, with a price range from ₹275 to ₹289 per share. Offering lots of 51 shares, the subscription window is open from November 6 to November 8, 2024. 

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ACME Solar Holdings Limited IPO GMP Today

The Grey Market Premium (GMP) for ACME Solar Holdings Limited is ₹27 as of November 5, 2024. This assessment coincides with a price from ₹275 to ₹289 per share for the IPO.

ACME Solar Holdings Limited IPO Review

ACME Solar Holdings’s revenue has increased from ₹12,949.04 millions in March 2023 to ₹13,192.502 millions in March 2024. Also, profitability has significantly increased from ₹620.10 millions in March 2022 to ₹6,982.27 millions by March 2024.

The company’s equity strengthened from ₹19,304.62 millions in FY2023 to ₹25,912.98 millions in FY2024. NAV per share improved from ₹36.39 in FY2023 to ₹49.62 in FY2024, ACME Solar Holdings showcased strong liquidity and reduced reliance on debt.

To get a full IPO review, click here ACME Solar Holdings IPO

ACME Solar Holdings Limited IPO Date

ACME Solar Holdings Limited will start accepting subscriptions from November 6 to November 8, 2024.

ACME Solar Holdings Limited IPO Price

ACME Solar Holdings Limited’s price range is from ₹275 to ₹289 per share with a face value of ₹2 each.

ACME Solar Holdings Limited

ACME Solar Holdings Limited, a top renewable energy IPP in India, focuses on solar, wind, hybrid, and firm dispatchable projects, driving revenue from electricity sales since 2015. With 1,320 MW operational and 2,220 MW under construction, ACME’s FDRE projects ensure higher tariffs and capacity use. Strategic divestments of 1,379 MW solar projects have fueled further growth.

How To Apply For ACME Solar Holdings Limited IPO?

To apply for the ACME Solar Holdings Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for ACME Solar Holdings Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the ACME Solar Holdings Limited IPO at Alice Blue in just a few clicks! 

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