Solar91 Cleantech IPO will open on [.] 2025, and close on [.] 2025. The allotment for Solar91 Cleantech IPO was finalized on [.] 2025. Solar91 Cleantech PO listing date is [.] 2025. Listing will be on the BSE platforms.
Solar91 Cleantech IPO is a book built issue of ₹106.00 Crores. The issue is entirely a fresh issue of ₹106.00 Crores. Solar91 Cleantech IPO Price Band is ₹185 to ₹195 Per Share. The minimum lot size for an application is 600. The minimum amount of investment required by retail investors is ₹1,17,000.
Solar91 Cleantech company reported revenue of ₹42.77 crores in 2024 against ₹37.58 crore in 2023. The company reported profit of ₹2.33 crores in 2024 against Profit of ₹0.20 crores in 2023.
Solar91 Cleantech IPO Details
| IPO Date | [.] 2025 |
| Listing Date | [.] 2025 |
| IPO Price | ₹185 to ₹195 |
| IPO Lot Size | 600 |
| Face Value | ₹10 Per Equity Share |
| IPO Listing At | BSE SME |
| Issue Type | Book Built Issue |
| Issue Size | 54,36,000 shares |
| Issue Size (Amount) | Approx ₹106.00 Crores |
| Fresh Issue | 54,36,000 shares |
| Fresh Issue (Amount) | Approx ₹106.00 Crores |
| DRHP filed | Click Here |
Solar91 Cleantech IPO Market Lot
The Solar91 Cleantech IPO minimum market lot is 600 shares with ₹1,17,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 600 | ₹1,17,000 |
| Retail Maximum | 1 | 600 | ₹1,17,000 |
| S-HNI Minimum | 2 | 1,200 | ₹2,34,000 |
Solar91 Cleantech IPO Dates
The Solar91 Cleantech IPO date is [.] 2025 and the close date is [.] 2025. The Solar91 Cleantech IPO allotment will be finalized on [.] 2025 and the IPO listing on [.] 2025.
| IPO Open Date | [.] 2025 |
| IPO Close Date | [.] 2025 |
| Allotment finalization | [.] 2025 |
| Refund initiation | [.] 2025 |
| Share credit | [.] 2025 |
| IPO Listing Date | [.] 2025 |
Solar91 Cleantech IPO GMP
The Solar91 Cleantech IPO GMP (Grey Market Premium) has not yet started. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO GMP today online from the first day of subscription.
Check the live GMP status of all upcoming and closed IPOs on the Live IPO GMP Dashboard.
Solar91 Cleantech IPO Allotment Status
Solar91 Cleantech IPO allotment status is expected to be finalized on [.] 2025. The listing will be on the BSE and NSE platforms on [.] 2025. They can check the allotment online on the Maashitla Securities Pvt. Ltd. website.
Check the live allotment status of all upcoming and closed IPOs on the IPO allotment status Dashboard.
Solar91 Cleantech IPO Listing Date
Solar91 Cleantech IPO listing date is [.] 2025. Listing will be on the BSE platforms. Retail investors can sell the shares after 10 AM on the listing day.
About Solar91 Cleantech Company
Founded in 2015, Solar91 Cleantech Limited specializes in Engineering, Procurement, and Construction (EPC) solar solutions for commercial and industrial clients. It offers rooftop solar, open access, group captive, agro-PV, and distributed solar investments. The company also develops Independent Power Producer (IPP) projects and participates in the PM Kusum Scheme for agricultural solarisation.
With a strong presence in Rajasthan and across India, Solar91 has completed 191 projects in 13 Indian states and one in Africa, exceeding 94 MW in capacity. Operating for nine years, the company provides EPC, IPP, and O&M services with a skilled team of 81 professionals as of September 2024.
Solar91 Cleantech IPO Financial Report
Solar91 Cleantech Limited company reported revenue of ₹42.77 crores in 2024 against ₹37.58 crore in 2023. The company reported profit of ₹2.33 crores in 2024 against Profit of ₹0.20 crores in 2023. (Amount ₹ in Crores)
| Period Ended | Sep 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Assets | 52.47 | 24.95 | 12.99 | 9.54 |
| Revenue | 50.54 | 42.77 | 37.58 | 41.57 |
| Profit After Tax | 4.00 | 2.33 | 0.20 | 0.32 |
| Expense | 45.27 | 39.84 | 37.40 | 41.57 |
Solar91 Cleantech IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Quota | Not more than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 15% |
Key Performance Indicators for Solar91 Cleantech
As of March 31, 2024, Check Solar91 Cleantech IPO valuations detail like ROE, RoCE, RoNW, PAT Margin and NAV details.
| KPI | Values |
|---|---|
| ROE (%) | 49.51% |
| ROCE (%) | 25.81% |
| RoNW (%) | 49.51% |
| PAT Margin | 5.46% |
| NAV | ₹3,047.22 |
Solar91 Cleantech Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- To meet the expenses for Investment in a Subsidiary for the development of Solar Projects as an Independent Power Producer (IPP).
- To meet the expenses for Working capital requirement for the company.
- To meet the expenses for General Corporate Purposes.
Promoters of Solar91 Cleantech IPO
The promoters of the Solar91 Cleantech Limited company are Mr. Prateek Agrawal, Mr. Saurabh Vyas, Mr. Sandeep Gurnani and Mr. Dhawal Gaurang Vasavada are the promoters of the company.
Solar91 Cleantech IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Solar91 Cleantech Contact Details
Solar91 Cleantech Limited
Plot No. D-802,
Sector-5,
Malviya Nagar, Jaipur 302017
Phone: 91 805 8300 034
Email: info@solar91.com
Website: https://www.solar91.com/
Solar91 Cleantech IPO FAQs
What is the allotment date of the Solar91 Cleantech IPO?
Solar91 Cleantech IPO allotment date is [.] 2025
What is Solar91 Cleantech IPO Lot Size?
The minimum bid is [.] Shares with ₹[.] amount.
What is the Solar91 Cleantech IPO Listing Date?
Solar91 Cleantech IPO listing date is [.] 2025. The IPO is to list on BSE.
Disclaimer: The facts contained herein are for general information only and are not a recommendation to invest in any IPO or any investment opportunity. We take all reasonable care to ensure facts are accurate, but the information is based on publicly available information, research, and credible sources. Investors are requested to verify facts themselves and seek advice from a financial advisor before making any investment decision.
