Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home Renewable Solar

ACME Solar Announces Rs 30 Billion IPO Launch

Urja Daily by Urja Daily
November 6, 2024
in Solar
Reading Time: 1 min read
0
ACME Solar
Share on FacebookShare on TwitterShare on Linkedin

ACME Solar has launched their initial public offering (IPO) in the market today (November 6, 2024) worth Rs 30 billion. Their price band is Rs 275 to Rs 289 per equity share and each share has a face value Rs 2 each. The IPO is open till Friday, November 8, 2024. The minimum bid allowed is of 51 Equity Shares and in multiples of 51 equity shares after that. The IPO is a combination of fresh issue of Rs 23.95 billion and an offer of sale of Rs 5.05 billion by ACME Cleantech Solutions. The funds from the fresh issuance, an estimated Rs 17.95 billion will be utilised for investment in subsidiaries for repayment and prepayment, in full or in part, of outstanding borrowings and loans, and general corporate purposes.

The bookrunning lead managers are Nuvama Wealth Management, ICICI Securities, JM Financial, Kotak Mahindra Capital, and Motilal Oswal Investment Advisors. The registrar of the issue is KFin Technologies.

RELATED POSTS

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

IGL and RVUNL Forge Joint Venture for Rajasthan Solar Farms

In October 2024, ACME Solar Holdings entered into a power purchase agreement with the Solar Energy Corporation of India (SECI) for the supply of 150 MW hybrid solar power. In October 2024, ACME Solar Holdings was selected as a winner in Solar Energy Corporation of India’s (SECI) auction to develop 600 MW interstate transmission system (ISTS)- connected wind-solar hybrid power projects (Tranche IX). ACME was awarded 300 MW at a tariff of Rs 3.25 per kWh.

Tags: ACME SolarICICI SecuritiesISTSSECIsolarWind
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

Shweta Solar

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

by Palak
September 5, 2025
0

New Delhi : Shweta Solar Pvt. Ltd. (Shweta Solar) is all set to launch a new 1.2 GW solar module manufacturing...

IGL and RVUNL

IGL and RVUNL Forge Joint Venture for Rajasthan Solar Farms

by Palak
September 3, 2025
0

Indraprastha Gas Limited (IGL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) have inked a joint venture (JV) agreement to...

Premier Energies

Premier Energies Bags ₹27.03 Billion Orders for Solar Modules and Cells

by Palak
September 2, 2025
0

Premier Energies Limited has secured orders worth Rs 27.03 billion for the supply of solar photovoltaic modules and cells with...

GH2 Solar

GH2 Solar, AHES to Establish Electrolyser Manufacturing Facility in Madhya Pradesh

by Palak
September 2, 2025
0

GH2 Solar Limited, in a joint venture with Advanced Hydrogen Energy Solutions (AHES) Limited, will set up an electrolyser manufacturing...

Thailand Floating Solar

Thailand Issues Tender for 364 MW Floating Solar Project

by Palak
September 2, 2025
0

The Electricity Generating Authority of Thailand (EGAT) has invited bids for the Srinagarind Dam floating solar project 3 in Thailand....

Next Post
KP Energy

KP Energy Secures 1,003.7 MW Project from GUVNL

Gentari Renewables India

Gentari, Juniper, Enfinity, Datta, Sunsure Win SJVN’s 1.2 GW Power Auction

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Shweta Solar

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

September 5, 2025
Powering India's Future

Transmission Lines: Myths, Facts, and Why They Matter for Powering India’s Future

September 5, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

Transmission Lines: Myths, Facts, and Why They Matter for Powering India’s Future

UAE Energy Undersecretary Visits Tellus Power Globe Holding’s Hong Kong Office

The Hype Studio Partners with Kaydence Media Ventures to Boost Advocacy and PR Leadership

What’s Holding Back the EV Battery Revolution?

Zaggle and Standard Chartered Partner to Revolutionize Corporate Spend Management

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved