{"id":41965,"date":"2024-09-13T12:02:42","date_gmt":"2024-09-13T06:32:42","guid":{"rendered":"https:\/\/risingentrepreneurs.in\/index.php\/2024\/09\/13\/solarium-green-energy-limited-files-drhp-with-bse-sme\/"},"modified":"2024-09-13T12:02:42","modified_gmt":"2024-09-13T06:32:42","slug":"solarium-green-energy-limited-files-drhp-with-bse-sme","status":"publish","type":"post","link":"https:\/\/risingentrepreneurs.in\/index.php\/2024\/09\/13\/solarium-green-energy-limited-files-drhp-with-bse-sme\/","title":{"rendered":"Solarium Green Energy Limited Files DRHP with BSE SME"},"content":{"rendered":"<div>\n<div>\n<p><strong>Mumbai (Maharashtra) [India], September 13: <\/strong>Solarium Green Energy (Solarium, The Company), specialising in Turnkey solutions, including design, engineering, procurement, testing, installation, commissioning, transmission systems, and comprehensive O&amp;M services, has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO, The issue size will be of up to 55,00,000 Equity Shares.<\/p>\n<p>The issue aims to meet working capital requirements and address general corporate purposes.<\/p>\n<p>For the period ended 31st\u00a0March\u00a02024, The\u00a0Company\u00a0reported Revenue of\u00a0\u20b917,780.83\u00a0Lakhs and EBITDA of\u00a0\u20b92,377.51\u00a0Lakhs &amp; PAT\u00a0\u20b91,558.97\u00a0Lakhs.<\/p>\n<p><strong>About\u00a0Solarium Green Energy Limited:<\/strong><\/p>\n<p>An IIT Dhanbad alumnus, Ankit Garg, founded Solarium Green Energy Limited, which stands out as a prominent provider of turnkey solar solutions, delivering a full suite of services that includes design, engineering, procurement, testing, installation,\u00a0commissioning, and comprehensive operation &amp; maintenance (O&amp;M). The company excels in a diverse range of projects, encompassing residential rooftop installations, commercial and industrial rooftop projects, ground-mounted systems, and government projects.<\/p>\n<p>Beyond its turnkey solutions, Solarium Green Energy Limited also offers a variety of solar products, such as PV modules, inverters, and Availability Based Tariff (ABT) meters. The company\u2019s dedication to quality is reflected in its accreditations, including BIS and ISO certifications.<\/p>\n<p>Solarium Green Energy Limited continues to lead in the sector. From FY22 to FY24, Solarium Green Energy Limited has completed 8,506 residential rooftop projects, 152 C&amp;I projects, and 8 government projects. Currently, the company has 41 ongoing projects valued at \u20b916,529.45 lakhs and new tenders amounting to \u20b925,286.06 lakhs.<\/p>\n<p><em> If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], September 13: Solarium Green Energy (Solarium, The Company), specialising in Turnkey solutions,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":41966,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1331],"class_list":["post-41965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/41965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/comments?post=41965"}],"version-history":[{"count":0,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/41965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media\/41966"}],"wp:attachment":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media?parent=41965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/categories?post=41965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/tags?post=41965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}