ACME Solar Holdings QIP Allots ₹28,000 Million

Summary

QIP Details

Type of Issuance: Equity Shares

Total Amount Raised / Intended to Raise: ₹28,000.00 million

Number of Securities Issued: 10,01,78,890 Equity Shares

Face Value and Issue Price: Face value of ₹2 per share. Issue price of ₹279.50 per Equity Share.

Premium: ₹277.50 per Equity Share.

Discount: The issue price included a discount of ₹14.63 per share, which is 4.97% of the floor price determined per SEBI ICDR Regulations.

Names of Allottees (disclosed for entities allotted more than 5%):

NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND (16.82% of issue)
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON POWER & INFRA FUND (1.95% of issue)
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA VALUE FUND (1.77% of issue)
HDFC TRUSTEE COMPANY LIMITED - HDFC FLEXI CAP FUND (16.08% of issue)
SBI LARGE & MIDCAP FUND (7.46% of issue)
SBI DIVIDEND YIELD FUND (7.46% of issue)
SBI LIFE INSURANCE CO. LTD (8.57% of issue)
ICICI PRUDENTIAL EQUITY & DEBT FUND (4.36% of issue)

Other allottees included various HDFC, SBI, ICICI Prudential, and Kotak funds.

Timeline and Approval References: The QIP was conducted under Chapter VI of the SEBI ICDR Regulations and Sections 42 and 62(1)(c) of the Companies Act, 2013. The Fund Raising Committee approved the allotment at its meeting held on June 04, 2026. The issue opened on June 01, 2026, and closed on June 04, 2026.

Purpose of the QIP: [Not Specified]

Post-QIP Shareholding Pattern: The paid-up equity share capital increased from ₹1,21,19,43,608 (consisting of 60,59,71,804 Equity Shares) to ₹1,41,23,01,388 (consisting of 70,61,50,694 Equity Shares). The detailed shareholding pattern will be submitted later with the listing application as per Regulation 31 of the SEBI Listing Regulations.