Solarworld Energy Solutions IPO
Solarworld Energy Solutions IPO
Overview
Solarworld Energy Solutions IPO is a book build issue of ₹490.00 crores. The issue is a combination of fresh issue of 1.25 crore shares aggregating to ₹440.00 crores and offer for sale of 0.14 crore shares aggregating to ₹50.00 crores. Solarworld Energy Solutions IPO opens for subscription on Sep 23, 2025 and closes on Sep 25, 2025. The allotment for the Solarworld Energy Solutions IPO is expected to be finalized on Sep 26, 2025. Solarworld Energy Solutions IPO will list on BSE, NSE with a tentative listing date fixed as Sep 30, 2025. Solarworld Energy Solutions IPO price band is set at ₹333.00 to ₹351.00 per share . The lot size for an application is 42. The minimum amount of investment required by an retail is ₹14,742 (42 shares) (based on upper price). The lot size investment for sNII is 14 lots (588 shares), amounting to ₹2,06,388, and for bNII, it is 68 lots (2,856 shares), amounting to ₹10,02,456. Nuvama Wealth Management Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Issue Size
₹1,39,60,113
Issue Price
₹490.00 Cr
Price Band
₹333 – ₹351
Lot Size
42 shares
Min. Investment
₹13,986
Max. Investment
₹14,742
Open Date
23 Sep, 2025
Close Date
25 Sep, 2025
Allotment
26 Sep, 2025
Listing
30 Sep, 2025
Max. Investment
₹14,742
Announced
23 Sep, 2025
Opening Date
23 Sep, 2025
Closing Date
25 Sep, 2025
Basis of Allotment
26 Sep, 2025
Initiation of Refunds
29 Sep, 2025
Credit of Shares
29 Sep, 2025
Listing Date
30 Sep, 2025
Live GMP
Est. Listing: ₹416
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About Solarworld Energy Solutions IPO
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.
Business Models:
The company offers solar solutions through two models:
- Capital Expenditure (CAPEX) Model:
- Provides end-to-end solar project solutions, including design, installation, setup, and commissioning.
- The ownership of the project remains with the custo
Solarworld Energy Solutions IPO Share Price
Issue Breakdown
Shareholding
Dilution: 16.9% increase in shares
Solarworld Energy Solutions IPO Promoters Holding
Solarworld Energy Solutions IPO Financial Health
Solarworld Energy Solutions Ltd.'s revenue increased by 9% and profit after tax (PAT) rose by 49% between the financial year ending with March 31, 2025 and March 31, 2024.
Solarworld Energy Solutions IPO Lot Size
Investors can bid for a minimum of 42 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 42 | ₹14,742 |
| Retail (Max) | 13 | 546 | ₹1,91,646 |
| S-HNI (Min) | 14 | 588 | ₹2,06,388 |
| S-HNI (Max) | 67 | 2814 | ₹9,87,714 |
| B-HNI (Min) | 68 | 2856 | ₹10,02,456 |
(All values in CR)
Solarworld Energy Solutions IPO Valuations
The market capitalization of Solarworld Energy Solutions IPO is ₹3042.21 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 40.27 |
| ROCE | 54.53 |
| Debt/Equity | 0.37 |
| RoNW | 40.27 |
| PAT Margin | 14.14 |
| EBITDA Margin | 19.60 |
(All values in CR)
Solarworld Energy Solutions IPO Strength & Risk
Solarworld Energy Solutions IPO Strength:
Established track record with strong in-house execution capabilities for end-to-end solar EPC solutions.
Robust order book with favorable national policy support and visibility for future growth.
Strong financial performance driven by an asset-light business model.
Strong customer relationships built on reliable project delivery and quality focus.
Strategic investment in manufacturing capabilities for solar modules, BESS, and solar PV TopCon cells.
Solarworld Energy Solutions IPO Risk:
Heavy reliance on key customers, posing risk to revenue stability.
Risk of cost overruns and delays affecting project profitability.
Potential financial losses from inaccurate cost estimates under fixed-price contracts.
Geographic concentration in Uttar Pradesh exposes business to regional economic fluctuations.
Past negative operating cash flows may continue, impacting financial stability.
Solarworld Energy Solutions IPO GMP
Solarworld Energy Solutions IPO last GMP is ₹65, last updated Sep 23rd 2025 05:35 PM. With the price band of 351.00, Solarworld Energy Solutions IPO's estimated listing price is ₹416 (cap price + today's GMP).The expected percentage gain/loss per share is 18.52%. >> Solarworld Energy Solutions IPO Retail Subject to Sauda: ₹2100 >> Solarworld Energy Solutions IPO Small HNI Subject to Sauda: ₹29400 The lowest GMP is ₹0.00, while the highest GMP is ₹68.00.
Last updated 23 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 23 Sep, 2025 | 351 | ₹65 | 2100/29400 | ₹416 (18.52%) | 2730 | 23 Sep, 2025 |
| 22 Sep, 2025 | 351 | ₹65▼ | 2100/29400 | ₹416 (18.52%) | 2730 | 22 Sep, 2025 |
| 21 Sep, 2025 | 351 | ₹68▲ | 2200/30800 | ₹419 (19.37%) | 2856 | 21 Sep, 2025 |
| 20 Sep, 2025 | 351 | ₹56▲ | 1800/25200 | ₹407 (15.95%) | 2352 | 20 Sep, 2025 |
| 19 Sep, 2025 | 351 | ₹33▲ | 1100/15400 | ₹384 (9.40%) | 1386 | 19 Sep, 2025 |
| 18 Sep, 2025 | 351 | ₹0 | - | ₹351 (0.00%) | - | 18 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Solarworld Energy Solutions IPO
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Go to IPO Section
Find Solarworld Energy Solutions IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.