IPO

IPO Synopsis

ACME Solar Holdings Ltd
  • Registered Office: Plot No.152,Sector 44, Gurugram - 122002, Haryana, India. Phone : +91 124 711 7000   Fax:
  • Email : cs.acme@acme.in
  • Website :www.acmesolar.in
Initial public offering of 100,381,678# equity shares of face value of Rs. 2 each ("Equity Shares") of Acme Solar Holdings Limited (the "Company" or the "Issuer") for cash at a price of Rs. 289.00# per equity share including a securities premium of Rs. 287.00 per equity share (the "Offer Price") aggregating to Rs. 2900.00# crores (the "Offer"). The offer comprises a fresh issue of 82,907,630# equity shares by the company aggregating to Rs. 2395.00 crores (the "Fresh Issue") and an offer for sale of 17,474,048 equity shares (the "Offered Shares") aggregating to Rs. 505.00 crores (the "Offer for Sale") by Acme Cleantech Solutions Private Limited (referred to as the "Promoter Selling Shareholder"). The offer includes a reservation of 381,679# equity shares, aggregating to Rs. 10.00# crores (constituting to 0.06% of the post offer paid-up equity share capital of the company), for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 16.59% and 16.53%, respectively, of the post-offer paid-up equity share capital of the company. The company, in consultation with the book running lead managers ("brlms"), offered a discount of Rs. 27.00 on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). *Subject to finalization of basis of allotment. #A discount of Rs. 27.00 per equity share was offered to eligible employees bidding in the employee reservation portion.
Issue
Opens On Closes On
06-Nov-24 08-Nov-24
Money Payable On
Application Allotment
289.00 0.00
Minimum Application for shares in Nos : 51 Further Multiples of : 51
Cr Lead Managers to the Issue
Project Cost (.Cr) 2294.78 ICICI Securities Ltd
Project Financed through Current Offer (.Cr) 2900.00  
Post Issue Equity Share Capital (.Cr) 121.02
Issue Price () 289.00
Projects
Repayment/prepayment in full or in part of certain outstanding borrowings availed by the Subsidiaries
General corporate purposes
Promoted By
Mamta Upadhyay
Manoj Kumar Upadhyay
Acme Cleantech Solutions Pvt L
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd