Acme Solar Holdings IPO Details: Launch Date, Share Price, Size & Review
The ACME Group, a leading Indian renewable energy company, has expanded its portfolio to include solar, wind, hybrid, firm, and dispatchable renewable energy (FDRE) projects. Established in 2015, the company has grown from solar power projects to become an integrated renewable energy company. As of March 31, 2024, the company has an operational project capacity of 1,320 MW, under construction contracted project capacity of 1,650 MW, and under construction awarded project capacity of 2,380 MW. The company has an integrated in-house business platform to execute and operate its projects throughout their life cycles. The Main Objectives to Launch the Acme Solar Holdings IPO The Acme Solar Holdings IPO issue will be mix of offer for sale and fresh issue. The OFS consist of Rs. 1000 crores and the company will not receive any funds from the proceeds of the OFS. The company has lasso floated Rs. 2000 crores fresh issue. Through the fresh issue company proposes to utilize Rs....