IPO Details

Solar91 Cleantech Ltd
Registered Office: Plot No.D-802 Sector 5,Malviya Nagar,Jaipur-302017, Rajasthan
Tel. No: +91 805 8300 034
Fax No:
Email: info@solar91.com
Website: www.solar91.com
Initial public offer of 54,36,000 equity shares of Rs. 10/- each ("Equity Shares") of Solar91 Cleantech Limited ("Solar91" or the "Company") for cash at a price of Rs. [*]/- per equity share (the "Issue Price"), aggregating to Rs. [*] crores ("The Offer"). Out of the issue 3,04,800 equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 51,31,200 equity shares of face value of Rs. 10.00/- each at an issue price of Rs. [*]/- per equity share aggregating to Rs. [*] crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.50 % and 25.01%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the floor price and cap price are 18.5 times and 19.5 times of the face value of the equity shares, respectively.

	Issue	Money Payable On
Opens On	Closes On	Application	Allotment
24-Dec-2024	27-Dec-2024	₹185.00 - 195.00	₹0.00 - 0.00

Minimum Application for shares in Nos : 600	Further Multiples of : 600

	(₹ Cr)	Lead Managers to the Issue
Project Cost	0.00	Narnolia Financial Services Ltd
Project Financed through Current Offer	100.57
Post Issue Equity Share Capital	20.51
Issue Price	185.00

Projects
Investment in Subsidiary
Working Capital Requirements
General Corporate Purposes

Promoted By
Prateek Agrawal
Dhawal Gaurang Vasavada
Sandeep Gurnani

Listing At
BSE - SME

Registrar To The Issue
Maashitla Securities Pvt Ltd