ACME Solar Holdings IPO
Solar Energy/IPP - Listed on 13 November 2024
ACME Solar Holdings IPO listing summary
ACME Solar Holdings (Solar Energy/IPP) closed its IPO window in 2024 and listed on NSE and BSE on 13 November 2024 at an upper band issue price of Rs 289, opening at Rs 251 for a listing gain of -13.1% and closing day one at Rs 253.15 (-12.4% on closing basis). The IPO was subscribed 2.75x overall - QIB 3.54x, HNI/NII 0.97x, Retail 3.10x. The total issue size was Rs 2,900 Cr (Fresh Issue Rs 2395 Cr, OFS Rs 505 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
ACME Solar Holdings IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 25 | +1.73% |
| Day 2 | Rs 25 | +3.46% |
| Day 3 | Rs 20 | +3.46% |
| Day 4 | Rs 15 | +3.46% |
| Day 5 | Rs 10 | +5.19% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the ACME Solar Holdings IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
ACME Solar Holdings IPO - FAQs
What was the listing gain of ACME Solar Holdings IPO?
ACME Solar Holdings IPO listed at -13.1% versus the upper issue price of Rs 289 on 13 November 2024.
How many times was ACME Solar Holdings IPO subscribed?
ACME Solar Holdings IPO was subscribed 2.75x overall. QIB portion was subscribed 3.54x, HNI / NII 0.97x and Retail 3.10x.
What was the IPO GMP for ACME Solar Holdings?
IPO GMP started at Rs 25 on Day 1 and moved to Rs 10 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.