Acme Solar closes QIP at Rs 279.50, 4.97% discount to floor price
ACMESOLAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.6 pts more than Nifty Smallcap 250 and 2.7 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Acme Solar Holdings has closed its Qualified Institutional Placement, allotting about 10.02 crore equity shares at Rs 279.50 each, a 4.97% discount to the floor price of Rs 294.13. The issue aggregates to roughly Rs 2,800 crore and was approved by the Fund Raising Committee on June 4, 2026. Proceeds will support the company growth plans. Shares were allotted to eligible qualified institutional buyers.
Raised about Rs 2,800 crore but priced 4.97% below floor, which may weigh on shares short term. 10 crore new shares dilute existing holders.