ACME Solar Holdings Limited pulled in ₹2,800 crore First equity capital boost since its 2024 IPO. The fundraising closed June 5, 2026,with strong interest from big domestic and international investors. Shows market confidence in ACME Solar's renewable ambitions.
Heavyweights joined: SBI Mutual Fund, Nippon India Mutual Fund,HDFC Mutual Fund,ICICI Prudential Mutual Fund, and Kotak Mutual Fund. Plus, global giants like BlackRock,Goldman Sachs, and Abu Dhabi Investment Authority. Their participation signals trust in ACME Solar's growth potential in renewables .
Funds will tackle debt and strengthen balance sheet. Also supports future growth. Move to enhance ACME Solar's financial flexibility as it grows in renewable energy market.
ACME Solar ranks among India’s leading integrated renewable energy companies,boasting a massive contracted capacity of 8,070 MW. It develops, builds, owns,and operates utility-scale renewable projects . All backed by a solid in-house team for engineering,procurement,and construction.
Long-term power purchase agreements with government-backed entities solidify its revenue streams. The QIP was managed by ICICI Securities Limited and IIFL Capital Services Limited,with legal advice from Shardul Amarchand Mangaldas & Co. and Cyril Amarchand Mangaldas. But the road ahead isn't without hurdles…
