ACME Solar Holdings IPO Listing: The equity shares of ACME Solar Holdings Ltd are set to make their stock market debut today after its initial public offering (IPO) hit the Steet last week. ACME Solar Holdings IPO listing date is today, November 13.

Renewable energy company Acme Solar Holdings made a weak debut on the stock market on Wednesday, which was in contrast to Swiggy, which listed at a premium of 8% over the initial public offering (IPO) price. The shares of Acme Solar Holdings listed at ...

ACME Solar Holdings sold its shares in the price band of Rs 275-289 apiece, which could apply for a minimum of 51 shares and its multiples thereafter to raise a total of Rs 2,900 crore.

The company's stock made its market debut at Rs 259, down 10.38 per cent from the issue price on the BSE. During the day, it tumbled 13.91 per cent to Rs 248.80. Shares of the firm ended at Rs 253.50, lower by 12.28 per cent.

The listing of ACME Solar has been muted than the expectations. Ahead of its listing, the grey market premium (GMP) for the shares of the company stood at -₹4.

Acme Solar Holdings' IPO was subscribed 2.75 times on its final day of bidding led by institutional investors.

ACME Solar Holdings IPO disappoints with weak listing, high debt-to-equity ratio, and under subscribed non-institutional investors.

ACME Solar Holdings Ltd shares closed over 12% below IPO price on Wednesday, with the company's market valuation reaching Rs 15,338.98 crore.

ACME Solar Holdings made a disappointing debut on the bourses lower than Street's estimate. On BSE Sensex, the stock got listed at Rs 259 per share, which implies a decline of 10.3 per cent on the issue price of Rs 289 per share.

ACME Solar Holdings share price got listed at ₹251 apiece on NSE, a discount of 13.15% to the issue price of ₹289 per share.

Acme Solar Holdings made its stock market debut today, with shares trading at a discount in the grey market. Despite recent growth and profitability, analysts are cautious due to the company's high debt levels.