E-MAIL FOR SPONSORSHIP

ACME Solar Holdings’ IPO Oversubscribed Nearly 3 Times

Qualified institutional buyers led the demand, with a subscription rate of 3.54

November 8, 2024

/ Arjun Joshi
/ Finance and M&A, Solar
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Solar energy company ACME Solar Holdings’ ₹29 billion (~$344.85 million) initial public offering (IPO) received tepid interest from investors. At the end of the bidding window on November 8, 2024, the issue was oversubscribed 2.75 times.

ℹ️ This article is free for registered users. Sign in to continue reading.

Sign In to Continue Reading

Create a free account to access the full article and exclusive features from Mercom India's renewable energy coverage.

✓Access to free articles and news
✓Save articles for later reading
✓Personalized content recommendations
✓Newsletter subscriptions
Sign Up FreeLog In
thumbnail

Arjun Joshi

More articles from Arjun Joshi.
acmeFundingIPOSolar
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS