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IPO Synopsis

Solar91 Cleantech Ltd
  • Registered Office: Plot No.D-802 Sector 5,Malviya Nagar, Jaipur - 302017, Rajasthan, India.
  • Phone : +91 805 8300 034   Fax:
  • Email : info@solar91.com
  • Website :www.solar91.com
Initial public offer of 54,36,000 equity shares of Rs. 10/- each ("Equity Shares") of Solar91 Cleantech Limited ("Solar91" or the "Company") for cash at a price of Rs. [*]/- per equity share (the "Issue Price"), aggregating to Rs. [*] crores ("The Offer"). Out of the issue 3,04,800 equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 51,31,200 equity shares of face value of Rs. 10.00/- each at an issue price of Rs. [*]/- per equity share aggregating to Rs. [*] crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.50 % and 25.01%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the floor price and cap price are 18.5 times and 19.5 times of the face value of the equity shares, respectively.
Issue
Opens On Closes On
24-Dec-24 27-Dec-24
Money Payable On
Application Allotment
185.00 0.00
Minimum Application for shares in Nos : 600 Further Multiples of : 600
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Narnolia Financial Services Ltd
Project Financed through Current Offer (.Cr) 100.57  
Post Issue Equity Share Capital (.Cr) 20.51
Issue Price () 185.00
Projects
Investment in Subsidiary
Working Capital Requirements
General Corporate Purposes
Promoted By
Prateek Agrawal
Dhawal Gaurang Vasavada
Sandeep Gurnani
Listing At
BSE - SME
Registrar to the Issue
No Data Available
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