Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Somaya Solar Solutions Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on to raise funds through Initial Public Offer (IPO).
Somaya Solar Solutions Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.09 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. NEXGEN Financial Solutions Pvt. Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Somaya Solar Solutions IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 9,41,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | 48,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue (Ex Market Maker) | 8,93,000 shares (agg. up to ₹[.] Cr) |
| Net Offered to Public | 8,93,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 24,60,000 shares |
| Share Holding Post Issue | 34,01,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 30, 2025 |
| Offer document withdrawn |
Somaya Solar Solutions IPO comprises a total issue size of 9,41,000 shares. The net offer to the public is 8,93,000 shares, after excluding 48,000 shares allotted on a firm basis. Of the Net offer 4,38,000 (49.05%) are allocated to QIB, 1,42,000 (15.90%) allocated to NII 3,13,000 (35.05%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 4,38,000 | 49.05% | 46.55% |
| − Anchor Investor Shares Offered | 2,63,000 | 27.95% | |
| − QIB (Ex. Anchor) Shares Offered | 1,75,000 | 18.60% | |
| NII (HNI) Shares Offered | 1,42,000 | 15.90% | 15.09% |
| Retail Shares Offered | 3,13,000 | 35.05% | 33.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 48,000 | 5.10% | |
| Total Shares Offered | 9,41,000 | 100.00% | 100.00% |
Incorporated in 2019, Somaya Solar Solutions Limited is engaged in providing end-to-end EPC solar energy solutions to residential and commercial & industrial (C&I) customers. The company focuses on enabling customers to offset power consumption through renewable energy by building, operating, and maintaining grid-connected and off-grid solar power projects.
The company’s EPC services cover the complete project lifecycle, including site survey, system design and engineering, procurement, installation, commissioning, and after-sales support. Its solutions also integrate Battery Energy Storage Systems (BESS) to enhance solar project reliability by offering backup power, peak load management, grid stabilization, and round-the-clock renewable energy supply.
Somaya Solar Solutions also undertakes standalone BESS projects based on customer requirements and is engaged in the supply and trading of solar products and components. Its product portfolio includes solar photovoltaic (PV) modules, inverters, module mounting structures, and other related accessories and spare parts.
As of August 31, 2025, the company had 60 employees on its payroll.
Somaya Solar Solutions Ltd.'s revenue increased by 65% and profit after tax (PAT) rose by 124% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 19.37 | 9.62 | 3.54 |
| Total Income | 23.89 | 14.45 | 11.47 |
| Profit After Tax | 2.69 | 1.20 | 0.14 |
| EBITDA | 3.56 | 1.50 | 0.28 |
| NET Worth | 4.17 | 1.48 | 0.28 |
| Reserves and Surplus | 4.16 | 1.47 | 0.27 |
| Total Borrowing | 7.22 | 2.82 | 1.20 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 95.14% |
| ROCE | 31.48% |
| Debt/Equity | 1.73 |
| RoNW | 95.14% |
| PAT Margin | 11.27% |
| EBITDA Margin | 14.92% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.92 | 7.90 |
| Promoter Holding | 89.90% |
Lead Manager Reports
Somaya Solar Solutions IPO is a SME IPO of 9,41,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Somaya Solar Solutions IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Somaya Solar Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Somaya Solar Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Somaya Solar Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Somaya Solar Solutions IPO dates are not announced. Please check back again after some time.
Somaya Solar Solutions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Somaya Solar Solutions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Somaya Solar Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Somaya Solar Solutions IPO allotment status.
The Somaya Solar Solutions IPO listing date is not yet announced. The tentative date of listing is .
