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Solar91 Cleantech IPO: Check GMP, Price Band, Allotment Dates Here

Solar91 Cleantech Limited IPO offers shares at ₹185 to ₹195, with 100 Grey Market Premium. Available in 600 share lots, the subscription runs from December 24 to December 27, 2024.
Solar91 Cleantech Ltd IPO: Key GMP updates unveiled! Stay informed and find details now!

Solar91 Cleantech Limited IPO has ₹100 Grey Market Premium as of December 23, 2024, with a price range of ₹185 to ₹195 per share. Offering lots of 600 shares, the subscription window is open from December 24 to December 27, 2024. 

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Solar91 Cleantech Limited IPO GMP Today

The Grey Market Premium (GMP) for Solar91 Cleantech Limited is ₹100 as of December 23, 2024. This assessment coincides with a price of ₹185 to ₹195 per share for the IPO.

Solar91 Cleantech Limited IPO Review 

As of June 30, 2024, the company reported total assets of ₹240.85 crores, driven by a revenue of ₹29.19 crores. Despite modest revenue, the profit after tax stands at just ₹0.22 crores, reflecting tight operational margins.

The company’s net worth is recorded at ₹132.82 crores, with minimal total borrowings of ₹4.34 crores, indicating a strong equity base relative to debt. This financial structure suggests a conservative approach to leverage and a focus on sustainable growth.

To get a full IPO review, click here Solar91 Cleantech IPO

Solar91 Cleantech Limited IPO Date

Solar91 Cleantech Limited will start accepting subscriptions from December 24 to December 27, 2024.

Solar91 Cleantech Limited IPO Price

Solar91 Cleantech Limited’s price range is at ₹185 to ₹195 per share with a face value of ₹10 each.

Solar91 Cleantech Limited

Solar91 Cleantech Limited, established in 1979, manufactures and exports machines for producing plastic bags and packaging. The company operates globally, serving industries such as FMCG, food, and beverages. It boasts facilities in India and the USA, serving clients like Balaji Wafers and Gits Food Products, and has a commercial presence in over 75 countries.

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How To Apply For Solar91 Cleantech Limited IPO?

To apply for the Solar91 Cleantech Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Solar91 Cleantech Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Solar91 Cleantech Limited IPO at Alice Blue in just a few clicks!

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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