India, Feb. 3 -- Solarium Green Energy Ltd. has announced public offering of 5499600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 181.00 per share. The gross proceeds of the issue are expected to be Rs 10,504.24 lakhs.

The company's initial public offer (IPO) will open on 06 February 2025 and is expected to close on 10 February 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 181.00-191.00 per share.

The IPO includes a fresh Issue of 5499600 Equity Shares of the Company at an price of Rs 191.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Solarium Green Energy Ltd. anticipates using the proceeds of th...