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ACME Solar Holdings IPO Ends on a High Note with 2.75x Demand by Day 3!

ACME Solar Holdings Limited IPO achieved a 2.75x subscription by Day 3, showcasing notable investor confidence and positive market sentiment.
ACME Solar Holdings IPO Ends on a High Note with 2.75x Demand by Day 3!

ACME Solar Holdings Limited IPO closed with a 2.75x subscription on Day 3, reflecting solid demand. Qualified Institutional Buyers (QIBs) showed strong interest at 3.54 times, with Non-Institutional Investors (NIIs) at 0.97 times, Retail Individual Investors (RIIs) at 3.10 times, and Employees at 1.59 times. This significant subscription level underscores investor confidence in ACME Solar’s business prospects.

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ACME Solar Holdings Limited IPO Subscription Status

By Day 2, ACME Solar Holdings Limited IPO reached a subscription level of 0.70x, with RIIs leading at 2.04x, followed by QIBs at 0.31x, NIIs at 0.56x, and Employees at 0.98x. The Day 3 surge in subscriptions reflects increasing market interest in ACME Solar’s growth potential.

How to check ACME Solar Holdings IPO Subscription Status?

Steps to check ACME Solar Holdings Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘ACME Solar Holdings Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

ACME Solar Holdings Limited IPO Allotment Status

The allotment date for the ACME Solar Holdings Limited IPO is set for November 11, with shares priced from ₹275 to ₹289 per share and a face value of ₹2. The offering consists of lots of 51 shares, with bids accepted for these lots or their multiples.

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ACME Solar Holdings Limited IPO Listing Date 

ACME Solar Holdings IPO Limited IPO is expected to be listed on the NSE SME on November 13, 2024.

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