SOLARISSMEOPENNSE
Solaris Renewable Tech Limited
Total Issue: ₹68 Cr
Grey Market Premium
+₹48.00(+33.80%)
Indicative Listing: ₹190.00
Source: IPOAlerts • Updated 11/9/2026
Price Band & Minimums
Offer Price Band
₹135.00 - ₹142.00
Lot Size
1000 shares
Min Investment
₹1,42,000
Subscription Status
2.15x
Oversubscribed
Snapshot as of Day 2
Estimated Listing Gain
+33.80%
Indicative listing: ₹190.00
Calculated from unofficial GMP, not an actual listing-day return.
Category-Wise Subscription Breakdown
Latest snapshot as of Day 2 · Overall 2.15x
QIB
4.10x
Day 2 bids
NII
2.60x
Day 2 bids
Retail
1.35x
Day 2 bids
Total
2.15x
Day 2 bids
Grey Market Premium (GMP) History
Real-time multi-observation premium trend line and daily price movements.
Latest GMP
+₹48.00
Peak GMP
+₹48.00
Observations
3 points
11 Sept:+₹48.00Est Gain: +33.8%
Historical Daily Observations (3)
9 Sept
+₹38.00
10 Sept
+₹45.00
11 Sept
+₹48.00
IPO Timeline & Schedule
Bidding Opens
2026-09-10
Bidding Closes
2026-09-15
Allotment Date
TBA
Refunds Init
TBA
Demat Credit
TBA
Listing Date
2026-09-18
About Solaris Renewable Tech Limited
Solaris Renewable Tech specializes in rooftop solar EPC, commercial microgrids, and battery energy storage systems (BESS) for industrial clients.
Key Business Strengths
- Fastest-growing commercial solar microgrid installer in western India.
- Healthy 34% ROCE and negligible debt.
Key Risks & Challenges
- SME issue with higher minimum lot size (1,000 shares).
- Government subsidy policy changes can impact rooftop solar demand.
Transparency & Informational Notice
Grey Market Premium (GMP) is unofficial, unregulated market pricing gathered from market participants and brokers. It is provided for educational and observation purposes only and does not represent guaranteed listing price or investment advice.