ACME Solar Holdings IPO Review & Recommendations

ACME Solar Holdings IPO Peer Comparison

ACME Solar Holdings Limited peer comparison with similar listed entities. (As on March 28, 2024)

Notes:

1. ACME Solar Holdings Limited's financial information is based on the Restated Consolidated Financial Information as of and for the financial year ended March 31, 2024.
2. The financial information for listed industry peers mentioned above is on a consolidated basis and is sourced from the financial statements of the respective company for the financial year ended March 31, 2024, submitted to the Stock Exchanges and the Nasdaq Stock Market LLC ("Nasdaq").
3. Basic and Diluted EPS for peers are sourced from the audited financial statements for the relevant year.
4. The P/E Ratio has been computed based on the closing market price of equity shares on BSE Limited on October 3, 2024, divided by the Diluted EPS.
5. For listed peers, RoNW is computed as profit attributable to equity shareholders of the company divided by Total Equity attributable to the owners of the Company as of March 31, 2024.
6. Net Asset Value ("NAV") per share is computed as the closing net worth divided by the equity shares outstanding as of March 31, 2024.