Acme Solar holdings IPO is going to be launched. You will get the company's share for just Rs 275. Profits and peace are being decided.

Acme Solar holdings IPO: Solar Holdings The IPO of is fast approaching, and the price band for it has been fixed at ₹275-289 per share. Key information about this IPO is as follows:

• Opening for Anchor Investors: 5 November 2024
• Last date of bidding: 8 November 2024
• Allotment of shares: 11 November 2024
• Listing of Shares: 13 November 2024

Company Mission: Acme Solar Holdings is planning to raise ₹3000 crore through IPO. Of this, there will be a fresh issue of ₹2000 crore, while ₹1000 crore will be an offer for sale (OFS), in which existing investors and promoters will sell their stake.

Special Features:

• in OFS ACME Cleantech Solutions Will sell the share.
• Some portion will also be reserved for employees, as was done in the IPO of NTPC Green.
• Acme Solar is a leading Independent Power Producer (IPP) in the renewable energy sector and is among the 10 largest renewable energy companies in the country with operational capacity by March 2024.

Business Growth:
Acme Solar Holdings engages in the operation, construction and development of large-scale renewable energy projects. It also operates in EPC and O&M divisions, and generates income by selling power to central and state government companies. Currently, the company is working on 28 operational projects in Andhra Pradesh, Rajasthan and Telangana.

This IPO can be a good opportunity for investors who want to take advantage of the growing potential in the renewable energy sector.