Solarium Green Energy Ltd

Solarium Green Energy will hold a meeting of the Board of Directors of the Company on 3 May 2025.Powered by Capital Market - Live

The order, valued at Rs 3,06,20,782, is expected to be completed within 12 months, beginning 10 days after receiving the letter of acceptance. The project scope includes the design, supply, installation, testing, and commissioning of a 25 KWP solar PV plant, alternative lighting arrangements, an RCC-framed structure for the control/battery room, and CC pavement leading to the control room for 10 BOPs of 48 Bn, 125 Bn, 51 Bn, 67 Bn, and 161 Bn BSF of SHQ I/NAGAR under FTR HQ BSF Jammu. The contract includes 5 years of on-site maintenance and warranty. Solarium Green Energy provides turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and operation & maintenance for residential, commercial, industrial, and government solar projects. The company has completed 11,195 residential, 172 commercial and industrial, and 17 government solar projects in the past three years. As of 31 March 2024, the company had 205 employees. On a full-year basis, the company's standalone net profit climbed 796% to Rs 15.59 crore on a 79.6% surge in revenue from operations of Rs 177.40 crore in FY24 over FY23. Solarium Green Energy listed on the bourses on 13 February 2025. The scrip was listed at Rs 202, exhibiting a premium of 5.76% to the issue price. The scrip rose 1.53% to end at Rs 238.35 on Friday, 28 March 2025. The stock market will remain shut today in observance of Eid-ul-Fitr. As of 31 March 2025, the company's market capitalization stood at Rs 496.95 crore on the BSE.Powered by Capital Market - Live

The contract encompasses several components, starting with a supply order for plant and equipment for the 500 KW solar project at IGM Noida, valued at Rs 1.24 crore. In addition, the work order includes local transportation, inland transit insurance, incidental delivery costs for the plant and equipment, installation services, civil and allied works, and safety-related provisions, amounting to Rs 17.72 lakh. Moreover, the contract includes a comprehensive operation and maintenance (O&M) plan for the solar plant, which will extend for ten years from the completion of the facilities, valued at Rs 31.81 lakh. The entire project is expected to be completed within 120 days from the date of the Notification of Award (NOA). The company has also clarified that the order does not involve any related party transactions. The official announcement was made on Wednesday, 26 March 2025, after market hours. Solarium Green Energy provides turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and operation & maintenance for residential, commercial, industrial, and government solar projects. The company has completed 11,195 residential, 172 commercial and industrial, and 17 government solar projects in the past three years. As of 31 March 2024, the company had 205 employees. On a full-year basis, the company's standalone net profit climbed 796% to Rs 15.59 crore on 79.6% surge in revenue from operations of Rs 177.40 crore in FY24 over FY23. Solarium Green Energy listed on the bourses on 13 February 2025. The scrip was listed at Rs 202, exhibiting a premium of 5.76% to the issue price. As of 27 March 2025, the company's market capitalization stood at Rs 500.29 crore on the BSE. Powered by Capital Market - Live

 Solarium Green Energy has received an additional work order of Rs. 2,01,61,499/- (approx.) exclusive of GST from NTPC Vidyut Vyapar Nigam. This order pertains to the inclusion of an additional capacity of 650 KW of Troop Comforts under 'Development of 6929 KW Grid Connected Rooftop Solar Projects at Various Locations of Central Armed Forces and Departments Under Ministry of Home Affairs Zone 4 (Uttar Pradesh).Powered by Capital Market - Live

The scope of the project includes designing, supplying, installing, testing, and commissioning a 25 KWp solar PV plant, along with an alternative lighting arrangement. The project also covers the construction of an RCC-framed structure for the control/battery room and CC pavement up to the control room for 10 Border Out Posts (BOPs) of 48 Bn (125 Bn), 51 Bn, 67 Bn, and 161 Bn BSF of SHQ Jammu under FTR HQ BSF Jammu, in accordance with site conditions. Additionally, the project includes five years of onsite maintenance and warranty. The total value of the contract is Rs 3,09,35,413, and the facilities are expected to be completed within 12 months, starting 10 days after the letter of acceptance is received. The payment terms are in accordance with the Central Public Works Department (CPWD) norms. The official announcement was made on Saturday, 01 March 2025. Solarium Green Energy provides turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and operation & maintenance for residential, commercial, industrial, and government solar projects. The company has completed 11,195 residential, 172 commercial and industrial, and 17 government solar projects in the past three years. As of 31 March 2024, the company had 205 employees. On a full-year basis, the company's standalone net profit climbed 796% to Rs 15.59 crore on 79.6% surge in revenue from operations of Rs 177.40 crore in FY24 over FY23. Solarium Green Energy listed on the bourses on 13 February 2025. The scrip was listed at Rs 202, exhibiting a premium of 5.76% to the issue price. As of 03 March 2025, the company's market capitalization stood at Rs 540 crore on the BSE. Powered by Capital Market - Live

The scrip was listed at 202, up 5.76% over the initial public offer (IPO) price. The stock was currently frozen at its upper limit of 5% over its listing price. The counter hit a high of Rs 212.10 and a low of Rs 202. About 21.04 lakh shares of the company changed hands at the counter. Solarium Green Energy's IPO was subscribed 8.28 times. The issue opened for bidding on 6 February 2025, and it closed on 10 February 2025. The price band of the IPO was set at Rs 181 to Rs 191 per share. The IPO comprised a fresh issue of 39,36,600 shares. The company intends to utilize the net proceeds for working capital requirements and for general corporate purposes. Ahead of the IPO, Solarium Green Energy on 5 February 2025, raised Rs 29.85 crore from anchor investors. The board allotted 15.63 lakh shares at Rs 90 per share to 15 anchor investors. Solarium Green Energy provides turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and operation & maintenance for residential, commercial, industrial, and government solar projects. The company has completed 11,195 residential, 172 commercial and industrial, and 17 government solar projects in the past three years. As of 31 March 2024, the company had 205 employees. The company recorded revenue from operations of Rs 177.39 crore and net profit of Rs 15.58 crore for the period as on 31 March 2024. Powered by Capital Market - Live