Solar91 Cleantech Limited IPO
Solar91 Cleantech Limited (formerly Solar91 Cleantech Private Limited) is a clean energy solutions company specializing in EPC (Engineering, Procurement, and Construction) services for solar energy projects. Founded in 2015 by IIT alumni, the Company operates with the vision of driving a renewable energy revolution in India by helping commercial and industrial customers reduce their power consumption through clean energy solutions.
Core Business Segments
i. EPC Solar Energy Solutions
ii. Independent Power Producer (IPP) Model (Upcoming Focus):
Key Strategic Advantages
i. Founders’ Expertise: Led by promoters with IIT alumni backgrounds, leveraging their technical and managerial expertise in clean energy solutions.
ii. Comprehensive EPC Capabilities: Turnkey solutions for solar energy projects, enabling customers to seamlessly transition to renewable energy sources.
iii. Transition to IPP Model: Expanding business operations to become an Independent Power Producer, creating long-term, recurring revenue streams and Focus on SPV-based projects to secure stable partnerships with DISCOMs through PPAs.
iv. Clean Energy Focus: Alignment with India’s renewable energy goals to promote clean energy adoption among commercial and industrial sectors.
Conclusion
Solar91 Cleantech Limited, driven by a clean energy vision, is positioned as a key player in India’s renewable energy sector. Through its EPC solutions and upcoming IPP model, the Company is well-poised to deliver clean, sustainable, and cost-effective energy solutions to commercial, industrial, and distribution stakeholders. Its dual focus on project execution and asset ownership ensures long-term growth and value creation.
Objects of the Solar91 Cleantech Limited IPO:
Solar91 Cleantech Limited IPO Details:
Open Date: | Dec 24 2024 |
Close Date: | Dec 27 2024 |
Total Shares: | 54,36,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 106.00 Cr. |
Lot Size: | 600 Shares |
Issue Price: | ₹ 185 - 195 Per Equity Share |
Listing At: | BSE SME |
Listing Date: | Jan 01 2025 |
Promoters And Management:
Financials of Solar91 Cleantech Limited IPO:
To be updated shortly.
Comparison With Peers:
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Recommendation on Solar91 Cleantech Limited IPO:
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Lead Manager of Solar91 Cleantech Limited IPO:
Registrar of Solar91 Cleantech Limited IPO:
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Discussion on Solar91 Cleantech Limited IPO:
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