Solarworld Energy Solutions IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 23 Sep 2025
Close Date
Thu, 25 Sep 2025
Price Band
₹ 333 – 351
Lot Size
42
Issue Size
₹ 490.00 Cr
Minimum Investment
₹ 14,742 (42 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Solarworld Energy Solutions IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹490.00 Crore, comprising a fresh issue of 1.25 Crore equity shares aggregating to ₹440.00 Crore and an offer for sale (OFS) of 14.25 Lakh equity shares aggregating to ₹50.00 Crore by the existing shareholders.
The Solarworld Energy Solutions IPO remained open for subscription from September 23, 2025, to September 25, 2025. The basis of allotment was finalized on September 26, 2025, and the company's shares were listed on the NSE and BSE on September 30, 2025.
The company had fixed the price band at ₹333 to ₹351 per share, with a lot size of 42 shares. Retail investors were required to make a minimum investment of ₹14,742 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Nuvama Wealth Management Limited, and SBI Capital Markets Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Solarworld Energy Solutions Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Solarworld Energy Solutions IPO Timeline (Tentative)
- IPO Open Date
- Tue, 23 Sep 25
- IPO Close Date
- Thu, 25 Sep 25
- Basis of Allotment
- Fri, 26 Sep 25
- Initiation of Refunds
- Mon, 29 Sep 25
- Credit of Shares to Demat
- Mon, 29 Sep 25
- Listing Date
- Tue, 30 Sep 25 — NSE & BSE
Open Date
23 September 2025
Close Date
25 September 2025
Basis Of Allotment
26 September 2025
Listing Date
30 September 2025
IPO Subscription
Check Live Subscription →The Solarworld Energy Solutions IPO has received bids for 52,60,95,906 shares against 80,93,092 shares offered, resulting in an overall subscription of 65.01x. the NII category is subscribed 64.73x, Retail Investors 49.15x, and QIBs 70.43x. Within the NII category, BNII is subscribed 63.05x, while SNII is subscribed 68.09x.
QIB
70.43x
NII
64.73x
BNII
63.05x
SNII
68.09x
RII
49.15x
Total
65.01x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 14,71,471 shares, representing 18.18% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 44,14,414 shares (54.55%), while Non-Institutional Investors (NIIs) receive 22,07,207 shares (27.27%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 4,414,414 | 54.55% |
| Non-Institutional | 2,207,207 | 27.27% |
| BNII | 1,471,472 | 18.18% |
| SNII | 735,735 | 9.09% |
| Retail Investors | 1,471,471 | 18.18% |
| Total | 8,093,092 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 598.02 | 155.02 | 120.43 |
| Revenue | 551.09 | 505.5 | 235.05 |
| Profit After Tax | 77.05 | 51.69 | 14.84 |
| Net Worth | 309.07 | 73.6 | 21.91 |
| Reserve & Surplus | 272 | 73.28 | 21.59 |
| Total Borrowings | 114.55 | 61.1 | 64.67 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Solarworld Energy Solutions Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 40.27 | 108.25 | 102.4 |
| ROCE % | 54.53 | 86.57 | 38.78 |
| Debt / Equity | 0.37 | 0.83 | 2.95 |
| RoNW % | 40.27 | 108.25 | 102.4 |
| Pat Margin % | 14.14 | 10.32 | 6.38 |
Peers Comparison
No Peer Comparision Available
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
- Kartik Teltia
- Rishabh Jain
- Mangal Chand Teltia
- Sushil Kumar Jain
- 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.
- 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
- General corporate purposes
Solarworld Energy Solutions Limited Address / Contact Details
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
Solarworld Energy Solutions IPO Lot Size
The Solarworld Energy Solutions IPO has a lot size of 42 shares. Retail investors require a minimum investment of ₹14,742 by applying for 1 lot (42 shares). The maximum application allowed for the retail category is 13 lots (546 shares), requiring an investment of ₹1,91,646.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 42 | 14,742.00 |
| Retail (Max) | 13 | 546 | 191,646.00 |
| S-HNI (Min) | 14 | 588 | 206,388.00 |
| S-HNI (Max) | 67 | 2,814 | 987,714.00 |
| B-HNI (Min) | 68 | 2,856 | 1,002,456.00 |
Issue Reservation
- QIB — 54.55%
- NII — 27.27%
- RII — 18.18%
Book Running Lead Managers
- Nuvama Wealth Management Limited
- SBI Capital Markets Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Solarworld Energy Solutions 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.
When will the Solarworld Energy Solutions IPO open for subscription?
The Solarworld Energy Solutions IPO opens on Tue, Sep 23, 2025 and closes on Thu, Sep 25, 2025
What is Solarworld Energy Solutions IPO Price Band?
Solarworld Energy Solutions IPO Price Band is ₹333 to 351 per share.
What is Solarworld Energy Solutions IPO Lot Size?
Solarworld Energy Solutions IPO lot size is 42 shares, Retail investors need a minimum investment of ₹14742 based on the upper price band
What is the minimum investment for Solarworld Energy Solutions IPO?
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.
How to apply for Solarworld Energy Solutions IPO?
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.
What is Solarworld Energy Solutions IPO Issue Size?
Solarworld Energy Solutions IPO issue size is ₹490 crores.
What is the Solarworld Energy Solutions IPO Allotment Date?
Solarworld Energy Solutions IPO allotment date is Fri, Sep 26, 2025.
Who is the Solarworld Energy Solutions IPO Registrar?
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.
What is the Solarworld Energy Solutions IPO GMP?
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 11.40% over the issue price.
Who is the Solarworld Energy Solutions IPO Lead Manager?
The book-running lead managers (BRLMs) for the Solarworld Energy Solutions IPO are Nuvama Wealth Management Limited, and SBI Capital Markets Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Solarworld Energy Solutions IPO Red Herring Prospectus (RHP).