ACME Solar Holdings debuts strong

13 Nov 2024 , 03:43 PM

Following the success of its initial public offering (IPO) last week, ACME Solar Holdings Ltd.’s equity shares closed the day at ₹255.15. Today, November 13, is the date of listing for ACME Solar Holdings’ initial public offering.

Subscriptions for the ACME Solar Holdings IPO were accepted from November 6–8. The shares of ACME Solar Holdings will be launched on stock exchanges today after the IPO allocation has been finished. The IPO listing date for ACME Solar Holdings is set for Wednesday, November 13. The IPO listing will occur on the BSE and NSE stock markets.

ACME has a wide range of renewable energy technologies in its portfolio, and it is always expanding by increasing its capacity. It handles all aspects of project execution, completion, and upkeep internally. This increases revenue and fortifies dependability by assisting the business in managing expenses and increasing efficiency.

On Wednesday, November 6, the ACME Solar Holdings IPO bidding opened, and it ended on Friday, November 8. The ACME Solar IPO listing date is today, November 13, and the IPO allocation was set on November 11. The BSE and NSE stock markets will both list ACME Solar Holdings Ltd.’s equity shares.

The pricing range for ACME Solar Holdings’ initial public offering was ₹275 to ₹289 per share. The book-built issue, which included an offer-for-sale (OFS) of 1.75 crore shares worth 505 crore and a fresh issue of 8.29 crore equity shares worth 2,395 crore, helped the business raise 2,900 crore at the upper end of the price range.

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