They can check the allotment status through the BSE or by visiting the registrar’s website. Here’s how you can check the status on BSE or even on the registrar’s website.
Firstly, here’s how you can know the status on BSE
Step 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)Step 2: Please select the issue name, that is the company’s name in the drop down.Step 3: Enter the application number or PAN number to check the allotment status.
To check the status of Swiggy IPO allotment through the registrar, which is Link Intime India in this case, kindly follow the below steps.
Step 1: Visit the Kfin Technologies website (https://ipostatus.kfintech.com/)
Step 2: Select Acme Solar Holdings IPO
Step 3: Enter the PAN details and click search to know the status
Acme Solar Holdings GMP
The company’s shares are expected to get listed on the exchanges on November 13. In the unlisted market, the company’s shares are trading with a GMP of Rs 0, which indicates a premium of just 0% over the issue price.
Acme Solar Holdings IPO subscription
The IPO of Acme Solar Holdings received decent response from investors with an overall subscription of just nearly 3 times at close.
Other details
The company proposes to utilise the net proceeds from the issue towards funding the repayment/prepayment of certain outstanding borrowings and other general corporate purposes. The proceeds from the OFS component will be received by the promoter-selling shareholder.
Acme Solar Holdings is an Indian electricity producer established in June 2015, focussing on renewable energy sources. The company aims to advance clean energy solutions in India, contributing to the goal of achieving net zero emissions. It specialises in innovative green technologies, including the production of green ammonia.
The company has demonstrated impressive financial growth. For the fiscal year ending 31 March 2024, the company reported revenue from operations of Rs 470.84 crore, up from Rs 468.59 crore in FY23. The profit after tax was Rs 419.56 crore, against a net loss of Rs 30.5 crore in FY23.
Nuvama Wealth Management, ICICI Securities, JM Financial, Kotak Mahindra Capital Company and Motilal Oswal Investment Advisors are the book-running lead managers (BRLM) to the issue.
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