Solar91 Cleantech IPO Details: Everything You Should Know about 

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The Solar91 Cleantech IPO opening date has not been announced yet. It is a bookbuilding IPO of 106.00 crore shares. The issue will be listed on NSE and BSE, and the tentative date is yet to be announced.

Solar91 Cleantech IPO Details

The Solar91 Cleantech IPO date is not fixed yet. The face value of Solar91 Cleantech IPO shares stands at ₹10 per share, and the IPO price band is fixed at ₹185 to ₹195 per share.

Maashitla Securities Private Limited is the registrar of the Solar91 Cleantech IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.

Solar91 Cleantech IPO Details 

Solar91 Cleantech IPO GMP 

Note: Solar91 Cleantech IPO is yet to open. We will update the Solar91 Cleantech IPO GMP data post an official announcement.

Solar91 Cleantech IPO  IPO DRHP Status

Solar91 Cleantech IPO Review

Refer to the detailed Solar91 Cleantech IPO review for a comprehensive understanding of its potential to deliver listing gains. The Solar91 Cleantech IPO review will help you invest effectively to avoid significant losses. Explore more to make an informed Investment decision on this IPO.

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s financial growth margins and declines before applying for the Solar91 Cleantech IPO.

Solar91 Cleantech Limited’s revenue increased by 14.06% from ₹37.67 crores in March 2023 to ₹42.97 crores in March 2024. Moreover, the company’s PAT increased by 1,080% from ₹0.20 crores to ₹2.36 crores. Investors can analyse other relevant factors and make a decision accordingly.

Solar91 Cleantech IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for Solar91 Cleantech’s IPO, particularly for its tentative listing day.

Technical Analysis

Some technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Solar91 Cleantech IPO.

The PE ratio of Solar91 Cleantech IPO shares is [insert value], and its Earnings Per Share (EPS) stands at [insert value]. Thus, the Solar91 Cleantech IPO can deliver gains on its tentative listing day.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Solar91 Cleantech IPO are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

About Solar91 Cleantech Limited: Company Overview 

Solar91 Cleantech Limited, based in Jaipur, was founded in 2015 and is engaged in the solar energy business. It represents that every ray of energy paves the way for a more sustainable and brighter future. Moreover, they offer customised solar solutions for homes (residential), businesses (commercial), and industries (industrial). Additionally, they provide standard services, ranging from installation to maintenance, under the Engineering, Procurement, and Construction (EPC) umbrella.

Solar91 Cleantech Limited Financials

The company’s financial analysis is crucial before applying for the IPO of Solar91 Cleantech. Refer to the table to learn about Solar91 Cleantech IPO financial information. 

Explanation

Solar91 Cleantech Limited’s revenue increased by 14.06% from ₹37.67 crores in March 2023 to ₹42.97 crores in March 2024. Moreover, the company’s PAT increased by 1,080% from ₹0.20 crores to ₹2.36 crores. Investors can analyse other relevant factors and make a decision accordingly.

Solar91 Cleantech Limited Promoter Holdings

Have a look at the table below to check the holdings of Solar91 Cleantech IPO promoters: 

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Solar91 Cleantech IPO Objectives

The primary aim of Solar91 Cleantech IPO is to raise ₹106.00 crore.  On the other hand, Solar91 Cleantech IPO has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Solar91 Cleantech IPO.

• To meet the expenses for Investment in a Subsidiary for the development of Solar Projects as an Independent Power Producer (IPP)
• To meet the expenses for the Working capital requirement for the company
• To meet the costs for the General Corporate Purpose

Should I Invest in Solar91 Cleantech IPO?

Explore the pros and cons of Solar91 Cleantech IPO to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO’s potential to deliver profits in the coming decades.

Pros of Solar91 Cleantech IPO

• Solar91 Cleantech IPO has a strong track growth.
• The company has a strong order book and benefits from favourable government policy tailwinds.
• The company has balanced the business models.

Cons of Solar91 Cleantech IPO

• The company is dependent on key personnel and promoters.
• The company liquidity listing may be low, and price volatility high
• The company’s valuations jumped significantly within a short time before the IPO.

How to Invest in the Solar91 Cleantech IPO?

The Solar91 Cleantech IPO has not opened yet. And most investors are still waiting for it. Here is how you can invest in the Solar91 Cleantech IPO after its opening. 

• Open a demat account or use your existing demat account to make a bid. 
• Navigate to the Solar91 Cleantech IPO section to make an application.
• Select the number of lots you want to apply for and proceed with your application further. 
• Once you have applied for the Solar91 Cleantech IPO, you will receive a mandate request on the selected mode of transaction.
• Approve the mandate request and get your application number instantly. 

How to Check Solar91 Cleantech IPO Allotment Status?

You can check for the Solar91 Cleantech IPO allotment in different ways. These include BSE and the registrar portal. Refer to the steps below to check your allotment status online.

Check On BSE

• Visit the BSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Solar91 Cleantech IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

 Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Solar91 Cleantech IPO allotment status.

Final Thoughts

Solar91 Cleantech IPO is now again gathering investors’ attention with a positive note to be announced officially in June 2025. Maashitla Securities Private Limited has recently filed for Solar91 Cleantech IPO worth ₹106.00 crores with SEBI via a confidential route. Investors are cautious about Solar91 Cleantech IPO details such as issue date, price band, lot size, subscription, and other key information.

Stay informed with Univest to get regular updates on the Solar91 Cleantech IPO, GMP, subscription, and more!

FAQs on Solar91 Cleantech IPO

What are the uses of Solar91 Cleantech’s IPO proceeds?

Ans. Solar91 Cleantech’s IPO has raised funds to expand its business by opening more centres in new cities, promoting brand visibility in the fastest-growing Indian education sector.

Is Solar91 Cleantech IPO a publicly listed company?

Ans. Solar91 Cleantech IPO is not listed on stock exchanges, so it is not a publicly listed company. Solar91 Cleantech had gone public through an IPO filing of ₹108.00 crore.

What is the Solar91 Cleantech IPO issue size?

Ans. It is a book-building IPO comprising a fresh issue and an offer for sale to raise approximately ₹106.00 crore in shares. 

Is Solar91 Cleantech IPO good?

Ans. Solar91 Cleantech IPO revenue increased by 14.06% from ₹37.67 crores in March 2023 to ₹42.97 crores in March 2024. Moreover, the company’s PAT increased by 1,080% from ₹0.20 crores to ₹2.36 crores. Investors can analyse other relevant factors and make a decision accordingly.

Who will be the registrar of the Solar91 Cleantech IPO?

Ans. According to recent updates, Maashitla Securities Private Limited is the registrar of the Solar91 Cleantech IPO, responsible for managing the allotment process and initiating refunds. For any queries regarding the Solar91 Cleantech allotment and refund, you can contact Maashitla Services Private Limited at ipo@maashitla.com   or +91-11-45121795-96.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Solar91 Cleantech IPO, wait for the Solar91 Cleantech IPO RHP and Solar91 Cleantech IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.

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