ACME Solar Holdings Ltd. share price target

IPO Note - ACME Solar Holdings Limited Issue Snapshot: Issue Open: November 06 November 08, 2024 Price Band: Rs. 275 289 (Discount of Rs 27 per share for all eligible employees) *Issue Size: Up to Rs 2,900 cr (Fresh issue of Rs 2,395 cr + Offer for sale of Rs 505 cr including employee reservation of upto Rs. 10 crore) Reservation for: QIB atleast 75% eq sh Non-Institutional upto 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail upto 10% eq sh Face Value: Rs 2 Book value: Rs 37.19 (June 30, 2024) Bid size: - 51 equity shares and in multiples thereof 100% Book built Issue

ACME Solar is a prominent renewable energy company in India, with a diverse portfolio spanning solar, wind, hybrid, and firm and dispatchable renewable energy (FDRE) projects. As one of India's largest independent power producers (IPPs) in renewable energy, ACME Solar ranks among the top 10 in operational capacity as of June 30, 2024.

IPO NOTE