Solarium Green Energy IPO

BSELot: 600

LISTEDSME
Issue Price191
Listing211.9
Current201
Price Band
181 - ₹191
Lot Size
600
Issue Size
₹105.04 Cr
GMP
0
Subscription
1.01x

IPO Schedule

1
Open
6 Feb
2
Close
10 Feb
3
Allotment
-
4
Listing
13 Feb

About Solarium Green Energy

Solarium Green Energy is an SME focused on providing solar energy solutions. They likely cater to residential, commercial, or industrial clients, offering services such as installation, maintenance, and potentially energy generation.

Subscription Status

QIB
1.96x
NII
0.36x
Retail
0.74x
CategoryDay 3Day 2Day 1
QIB8.51x2.71x1.96x
NII18.04x0.27x0.36x
Retail5.07x1.38x0.74x
Total8.83x1.52x1.01x

Risk Factors

SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
Reliance on government policies and subsidies related to renewable energy makes the company vulnerable to policy changes.
Competition from larger, more established players in the solar energy sector could impact market share and profitability.