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Allotment

Solarworld Energy Solutions Limited

Solarworld Energy Solutions Limited launched a book-built IPO with a total issue size of ₹490.00 crore. The issue comprises a fresh issue of 1.25 crore equity shares aggregating to ₹440.00 crore, along with an offer for sale of 0.14 crore equity shares amounting to ₹50.00 crore.

The IPO opened for subscription on September 23, 2025, and closed on September 25, 2025. The basis of allotment was finalized on September 26, 2025, and the equity shares were listed on both the BSE and NSE on September 30, 2025.

The price band for the IPO was fixed at ₹351 per share. The minimum application lot size for retail investors was 42 shares, requiring a minimum investment of ₹14,742 at the upper end of the price band.

For non-institutional investors:

sNII (Small NII): Minimum application of 14 lots (588 shares) amounting to ₹2,06,388

bNII (Big NII): Minimum application of 68 lots (2,856 shares) amounting to ₹10,02,456

Nuvama Wealth Management Ltd. acted as the book-running lead manager for the issue, while MUFG Intime India Pvt. Ltd. served as the registrar.

Solarworld Energy Solutions Limited IPO & Charts
₹351

0%

Open

₹351

HIgh - Low

₹351

Previous Close

₹351

Total Traded Value

0

52 Weeks High

₹351

52 Weeks Low

₹351

Updates On

Sep 15, 2025

IPO. Open

Sep 23, 2026

IPO. Close

Sep 25, 2026

IPO. Price

₹351.00

IPO Market price

₹3,042.21 Cr

IPO Details

IPO Date 30 Sep
IPO Listing Date 30 Sep
IPO Face Value ₹5.00 per share
IPO Price Range ₹351.00
IPO Issue Size 1,39,60,113 shares
IPO Sale Type Fresh Capital & OFS
Employee Discount -
IPO Issue Type Book Building IPO
IPO Listing BSE, NSE Platform
Share Holding Pre Issue 7,41,37,042 shares

IPO Timeline

IPO Open Date 23 Sep
IPO Close Date 25 Sep
IPO Allotment (Tentative) 26 Sep
Refunds 29 Sep
Credit to Demat Account 29 Sep
IPO Listing Date 30 Sep

IPO Reservation

Category Offer
QIB Shares Offered 44,14,414 Shares
NII (HNI) Shares Offered 22,07,207 Shares
Retail Shares Offered 14,71,471 Shares

IPO Lot Size

Investors can bid for a minimum of 42 shares, with additional shares to be purchased in multiples of 42.

Application Lots Share 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 2,814 ₹9,87,714
B-HNI (Min) 68 2,856 ₹10,02,456
About Company

Incorporated in 2013, SolarWorld Energy Solutions Limited is a solar energy solutions provider focused on engineering, procurement, and construction (EPC) services for solar power projects. The company offers solar solutions through two business models: the CAPEX model, under which it provides end-to-end services such as design, installation, and commissioning while ownership remains with the customer, and the RESCO model, which enables customers to adopt solar power without any upfront investment, helping them reduce energy costs and carbon emissions.

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, with the objective of establishing a solar panel manufacturing facility. SolarWorld’s customer base includes well-known organizations such as SJVN Green Energy Limited, Haldiram Snacks Private Limited, Ethnic Food Manufacturing Private Limited, and Samiksha Solarworld Private Limited.
Competitive Strengths

Proven track record with strong in-house capabilities for end-to-end solar EPC execution

Asset-light business model supporting healthy financial performance

Strong customer relationships driven by reliable project delivery and a focus on quality

Experienced management team and skilled workforce with significant industry expertise

Solarworld Energy Solutions Ltd. reported a 9% increase in revenue and a 49% rise in profit after tax (PAT) for the financial year ended March 31, 2025, compared to the year ended March 31, 2024.

Company Financials (Consolidated)

Assets 598.02 155.02 120.43
Total Income 551.09 505.5 235.05
Profit After Tax 77.05 51.69 14.84
EBITDA 106.75 71.09 22.88
NET Worth 309.07 73.6 21.91
Reserves and Surplus 272 73.28 21.59
Total Borrowing 114.55 61.1 64.67

Key Performance Indicator (KPI)

ROE 40.27%
ROCE 54.53%
Debt/Equity 0.37
RoNW 40.27%
PAT Margin 14.14%
EBITDA Margin 19.60%
Price to Book Value -
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement -
3 To meet out the General Corporate Purposes; 101.68
4 Offer for Sale (OFS) -

Contact Details

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

Detail Registrar

IPO Registrar
MUFG Intime India Pvt.Ltd.

+91-22-4918 6270
solarworld.ipo@in.mpms.mufg.com

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