Orion Industries logo

Solarworld Energy Solutions IPO Details

23 September - 25 September 2025 Closed
Mainboard BSE,NSE

The Solarworld Energy Solutions IPO is a book build issue with a total issue size of ₹490 cr, comprising of fresh issue of 12535612 equity shares., and a offer for sale of 1424501 equity shares. Solarworld Energy Solutions IPO opened for subscription on Sep 23, 2025 and closed on Sep 25, 2025. Solarworld Energy Solutions IPO is set price band at ₹333 to ₹351 per share, with a lot size of 42 shares. Minimum investment for Retail investors was ₹14,742.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Sep 26, 2025, and listed on both the NSE and BSE on Sep 30, 2025.

MUFG Intime India Private Limited has been appointed as the registrar. Nuvama Wealth Management Limited and SBI Capital Markets Limited are the Book Running Lead Manager for the issue.

Before investing in the Solarworld Energy Solutions IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 333 – 351
Lot Size
42
Issue Size
₹490 Cr
Minimum Investment
₹14742 (42 Shares)
Listing Date
30 September 2025

Current GMP

₹40 (+11.40%)

Open Date 23 September, 2025
Close Date 25 September, 2025
Market Cap -
Industry
Sector
Subscription 65.01x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About Solarworld Energy Solutions Limited

SolarWorld Energy Solutions Limited
Incorporated in 2013, SolarWorld Energy Solutions Limited is a solar energy solutions provider specializing in engineering, procurement, and construction (EPC) services for solar power projects across India.

Business Models:
The company delivers solar solutions through two primary models:

  • Capital Expenditure (CAPEX) Model:
    • Offers end-to-end solutions including design, installation, setup, and commissioning.
    • The project ownership remains with the customer.
  • Renewable Energy Service Company (RESCO) Model:
    • Enables customers to adopt solar power without upfront investment.
    • Supports businesses in reducing their carbon footprint with minimal financial burden.

Strategic Partnership:
On May 14, 2024, the company entered into an equity cooperation agreement with ZNSHINE PV-Tech Co. Ltd., a Bloomberg NEF Tier-1 solar panel supplier from China. This partnership is focused on establishing a solar panel manufacturing facility, strengthening SolarWorld’s position in the renewable energy value chain.

Clientele:
The company’s customer portfolio includes SJVN Green Energy Limited, Haldiram Snacks Private Limited, Ethnic Food Manufacturing Private Limited, and Samiksha Solarworld Private Limited.

Workforce:
As of July 31, 2025, the company employed 277 people across its operations.

Solarworld Energy Solutions IPO Promoters

  1. Kartik Teltia
  2. Rishabh Jain
  3. Mangal Chand Teltia
  4. Sushil Kumar Jain
  5. Anita Jain
Promoters Holding

Holding Pre Issue

78.70%

Holding Post Issue

0.00%

Solarworld Energy Solutions IPO Objective

The Company Solarworld Energy IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Investment in our Subsidiary, Kartik Solarworld Private Limited for partfinancing the establishment of a 1.2 GW Solar PV TopCon manufacturing facility in Pandhurana, Madhya Pradesh, India 
  2. General corporate purposes

Address / Contact Info

Solarworld Energy Solutions Ltd.
501, Padma Palace, 86,
Nehru Place, South Delhi,
New Delhi
New Delhi, New Delhi, 110019
Phone: 0120 4399946
Email: support@worldsolar.in
Website: http://www.worldsolar.in/

IPO Snapshot

Face Value₹5 per share
Price Band₹ 333 – 351
Lot Size42
Issue TypeBook-building IPO
Sale TypeFresh Capital & Offer For Sale
Fresh Issue₹ 440.00 Cr
Offer for Sale₹ 50.00 Cr
Total Issue Size₹ 490.00 Cr
Listing AtBSE,NSE
Industry
Sector
QIB Quota54.55%
BNII Quota18.18%
SNII Quota9.09%
Retail Quota18.18%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Solarworld Energy Solutions IPO is a Book-building IPO with a total issue size of ₹490 crore. The Solarworld Energy Solutions IPO price band is ₹333 to 351 per share. The Solarworld Energy Solutions IPO subscription opens on Tue, Sep 23, 2025, and closes on Thu, Sep 25, 2025. The Solarworld Energy Solutions IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Solarworld Energy Solutions IPO.

The Solarworld Energy Solutions IPO opens on Tue, Sep 23, 2025 and closes on Thu, Sep 25, 2025

Solarworld Energy Solutions IPO Price Band is ₹333 to 351 per share.

Solarworld Energy Solutions IPO lot size is 42 shares, Retail investors need a minimum investment of ₹14742 based on the upper price band

The minimum investment for Solarworld Energy Solutions IPO is ₹14742, based on one lot of 42 shares at the upper price band of ₹351 per share.

Investors can apply for the Solarworld Energy Solutions IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 25, 2025. The application amount remains blocked until the Solarworld Energy Solutions IPO allotment is finalized.

Solarworld Energy Solutions IPO issue size is ₹490 crores.

Solarworld Energy Solutions IPO allotment date is Wed, Jul 1, 2026.

The registrar for Solarworld Energy Solutions IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Solarworld Energy Solutions IPO allotment status, refund processing, and other IPO-related information.

The Solarworld Energy Solutions IPO GMP (Grey Market Premium) is ₹40 as of Tue, Sep 30, 2025. Based on the upper price band of ₹351 per share, the estimated Solarworld Energy Solutions IPO listing price is ₹391, indicating a potential listing gain of approximately 0% over the issue price.