# Acme Solar IPO Allotment: Latest Updates and Complete Allotment Guide

URL: https://technosports.co.in/acme-solar-ipo-allotment-latest-updates/  
Published: 2024-11-12  
Updated: 2024-11-12  
Author: Reetam Bodhak

***Acme Solar IPO Allotment Latest Updates***

The much-anticipated [ACME Solar Holdings IPO](https://www.acmesolar.in/)allotment is set to be finalized on Monday, November 11, 2024. Here’s your comprehensive guide to checking your application status, understanding the latest GMP, and preparing for the listing date.

![](https://images.technosports.co.in/2024/11/Acme-Solar-IPO-Allotment-2.webp)

## **Acme Solar IPO Allotment: IPO Overview**

- Price Band: ₹275-289 per share
- Lot Size: 51 shares
- Total Issue Size: ₹2,900 crore
- Fresh Issue: ₹2,395 crore
- OFS Size: 1,74,74,049 equity shares
- Listing Date: November 13, 2024

## **Subscription Status**

The IPO received mixed response with overall subscription of 2.75 times:

- QIB Portion: 3.54x
- Retail Portion: 3.10x
- Employee Portion: 1.59x
- NII Portion: 0.97x

## **Grey Market Premium (GMP)**

- Current GMP: -₹1 (Trading at discount)
- Pre-bidding GMP: ₹30
- Expected Listing Price: Around issue price

ACME Solar Holdings, established in June 2015, stands as one of India’s leading renewable energy producers. Their expertise spans:

- Solar energy production
- Wind power generation
- Project development
- Infrastructure maintenance
- Large-scale renewable installations

![](https://images.technosports.co.in/2024/11/Acme-Solar-IPO-Allotment-4-1024x682.webp)

# **Step-by-Step Allotment Status Check**

#### **BSE Website Method**:

1. Visit BSE website (www.bseindia.com/investors/appli_check.aspx)
2. Select “Equity” under issue type
3. Choose “ACME Solar Holdings Limited”
4. Enter application number
5. Provide PAN details
6. Complete captcha verification
7. Click search

### **KFin Technologies Portal Method:**

1. Access KFin portal (kosmic.kfintech.com/ipostatus)
2. Select ACME Solar IPO
3. Choose verification method:

- Application number
- Demat account
- PAN

1. Select ASBA/non-ASBA
2. Enter required details
3. Submit with captcha

### **Important Dates**

- Allotment Date: November 11, 2024
- Fund Transfer/Refund: November 12, 2024
- Listing Date: November 13, 2024

**Read More:** [Niva Bupa IPO GMP Today: Subscription Status, Grey Market Premium, and More](https://technosports.co.in/niva-bupa-ipo-gmp-today-subscription-status/)

## **FAQs**

### **Q1: What should investors expect given the current GMP?**

The current negative GMP of ₹1 suggests a possible listing at par or slightly below the issue price. However, market conditions can change rapidly, and GMP isn’t always an accurate predictor of listing performance.

### **Q2: How can investors track their refund status?**

  
Check their bank accounts for refund credits  
Monitor the status through their broker’s platform  
Use ASBA linked bank account statements  
Contact their bank’s IPO cell  
Track through KFin Technologies portal  
Expert Analysis  
While brokerages maintain a positive long-term outlook citing:  
Growing renewable energy demand  
Diversified portfolio  
Strong margin profile  
Investors should consider risk factors:  
Inconsistent profit history  
High debt levels  
Aggressive valuations  
Remember to conduct thorough research and consult financial advisors before making investment decisions. Market investments carry risks, and past performance doesn’t guarantee future returns.