IPO

Solarworld Energy Solutions Limited IPO

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Civil Construction

Listed On: Sep 30, 2025 at ₹ 388.50(NSE)

₹ 14742 /42 Shares

Check Allotment

23 Sep, 2025

Open Date

25 Sep, 2025

Close Date

26 Sep, 2025

Allotment Date

30 Sep, 2025

Listing Date
Price Summary

Last Closing

310.75 (-11.47%)

52 Week High

388.50

52 Week Low

295.35

Last Update

20-Oct-2025 3:30 PM
Solarworld Energy Solutions IPO Live Subscription Details
View Subscription Details
QIB 74.24x
Retail 51.81x
NIIs 68.23x
BHNI 66.45x
SHNI 71.77x
Retail 51.81x
Total 68.52x
Last updated: 25 Sep 2025, 06:55 PM
Solarworld Energy Solutions IPO Issue Details
  • Issue Price ₹333-₹351 per equity share
  • Face Value ₹5 Per Equity Share
  • Total Issue Size 1,39,60,113 shares(aggregating up to ₹490 crore)
  • Fresh Share 1,25,35,612 shares(aggregating up to ₹440 crore)
  • Offer For Sale 14,24,501 shares(aggregating up to ₹50 crore)
  • Listing at BSE, NSE
  • List Price 388.50(NSE)
  • Listing Date 2025-09-30
  • Lead Manager Nuvama Wealth Management
    SBI Capital Markets
  • Registrar MUFG Intime India Pvt. Ltd
Market 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 Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)142₹14,742
Retail(max)13546₹1,91,646
SHNI(min) 14588₹2,06,388
SHNI(max) 672,814₹9,87,114
BHNI(min) 682,856₹10,02,456
Solarworld Energy Solutions IPO Reservation

Solarworld Energy Solutions IPO offers total 1,39,60,113 shares. Out of which 41,88,034 (75%) allocated to QIB, 20,94,017 (15%) allocated to NII,13,96,011 (10%) allocated to RII, NA (NA%) allocated to employees and 0 (NA%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered0 (NA%)
QIB Shares Offered41,88,034 (75%)
NII (HNI) Shares Offered20,94,017 (15%)
bNII < ₹10L1396011 (NA%)
sNII < ₹10L698006 (NA%)
Retail Shares Offered13,96,011 (10%)
Total Shares Offered1,39,60,113 (100%)
Solarworld Energy Solutions IPO Documents
DRHP
RHP
Solarworld Energy Solutions IPO Details


Solarworld Energy Solutions IPO is a book-built issue of ₹490 crores, The total issue size is ₹490 crores. The IPO of Solarworld Energy Solutions is priced at ₹333-351 per equity share, which has a face value of ₹5 Per Equity Share each, IPO bidding starts from Sep 23, 2025 and ends on Sep 25, 2025. The allotment for Solarworld Energy Solutions IPO will be finalized on Sep 26, 2025. Solarworld Energy Solutions IPO will be listed on BSE, NSE, with a tentative listing date fixed as Sep 30, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Pvt. Ltd is the registrar of the issue.

Retail investors can bid for a minimum of 42 shares, extendable to 14,742. S-HNIs will be able to bid for 588 shares at ₹2,06,388, while B-HNIs can also apply for a bid of 2,856 shares at ₹10,02,456. The book-running lead manager for the IPO is/are Nuvama Wealth Management, SBI Capital Markets.

The total issue ₹490 crore, comprising a fresh issue of 1,25,35,612 shares ₹440 crore and having Offer for Sale (OFS) of 14,24,501 shares to mop up ₹50 crore.

The Solarworld Energy Solutions IPO sets its price band at 333-351 for each share. A single application for Solarworld Energy Solutions Limited IPO must contain at least 42 shares. Sentiment investors need to invest a minimum of 42 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,742 In order to participate in the sNII, investors must purchase at least 14 lots of 588 shares for ₹2,06,388, while the bNII requires 68 lots of 2,856 shares for an investment of ₹10,02,456.

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Solarworld Energy Solutions IPO Subscription Analysis And Details
Retail
51.81x
QIB
74.24x
NII
68.23x
bNII
66.45x
sNII
71.77x
Total
68.52x
As onQIBNII
bNII   sNII		RetailTotal
Shares Offered / Reserved41,88,03420,94,017
13,96,011    6,98,006		13,96,01176,78,062
Day 1 23-09-25 05:00 PM
0.00 x1.53
1.10 x   2.37 x		4.81 x1.29 x
Day 2 24-09-25 05:00 PM
0.02 x5.83
3.88 x   9.75 x		14.37 x4.21 x
Day 3 25-09-25 05:00 PM
74.24 x68.23
66.45 x   71.77 x		51.81 x68.52 x
Total No of Applications
16,51,245
Subscription on the basis of Applications
Retail:46.19x BHNI:13.32x SHNI:70.36x
Solarworld Energy Solutions Valuations
EPS Pre IPO ₹10.39
EPS Post IPO ₹8.89
P/E Pre IPO 33.77
P/E Post IPO 39.48
ROE 40.27%
ROCE 54.53%
Debt/Equity 0.37
RoNW 40.27%
PAT Margin 14.14%
EBITDA Margin 19.60%
Solarworld Energy Solutions Company Financials
In Crs.
In Cr.
31-Mar-2531-Mar-2431-Mar-2331-Mar-22
Assets598.01155.02120.4367.4
Revenue551.08505.5235.0531.91
Profit After Tax77.0451.6914.842.2
Net Worth309.0673.621.917.06
Total Borrowing11.4561.164.6752.4
About Solarworld Energy Solutions Company

Established in 2013, SolarWorld Energy Solutions Limited is a solar energy solutions company that offers engineering, procurement, and construction (EPC) services for solar power projects.

Business Models:
The company provides solar solutions through two models:

Capital Expenditure (CAPEX) Model:
- Offers turnkey solar project solutions, such as design, installation, setup, and commissioning.
- Customer retains the ownership of the project.

Renewable Energy Service Company (RESCO) Model:
- Customers can embrace solar power with no initial investment.
- Assists companies in lowering their carbon footprint with minimal financial pressure.

On 14 May 2024, SolarWorld Energy Solutions Limited signed an equity cooperation agreement with Chinese Bloomberg NEF tier-1 solar panel supplier ZNSHINE PV-Tech Co. Ltd. The collaboration is to set up a solar panel manufacturing plant.

The customer base of the company comprises SJVN Green Energy Limited, Haldiram Snacks Private Limited, Ethnic Food Manufacturing Private Limited, and Samiksha Solarworld Private Limited.

As of July 31, 2025, the firm had 277 workers.

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Solarworld Energy Solutions - Promoter(s)

Kartik Teltia

Rishabh Jain

Mangal Chand Teltia

Sushil Kumar Jain

Anita Jain

Pre Issue Share Holding : 78.70%

Post Issue Share Holding : N/A%

Solarworld Energy Solutions IPO - Issue Objectives
1

Investment in the Subsidiary, KSPL for partfinancing the establishment of the Pandhurana Project

2

General corporate purposes

Solarworld Energy Solutions IPO - Anchor Investors

Solarworld Energy Solutions raises Rs 220.5 crore through anchor book.

VQ Fastercap Fund was the largest anchor investor, purchasing 12.79 lakh shares for Rs 44.89 crore, whereas Pinebridge Global Funds, Singularity AMC, and Motilal Oswal AMC purchased 7.09 lakh shares each for Rs 24.89 crore.

Citigroup Global, BNP Paribas, Varanium Dynamic Trust, Nuvama Private Investment Trust, Cognizant Capital, LC Pharos, India Max Investment Fund, Capri Global, Golden Equity Fund, and Astrone Capital were some of the other investors in the anchor book.

Contact Details

Solarworld Energy Solutions

501, Padma Palace, 86, Nehru Place, South Delhi, New Delhi – 110 019, Delhi

0120 4399946

support@worldsolar.in

http://www.worldsolar.in/

Registrar Contact Details

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

solarworld.ipo@in.mpms.mufg.com

https://in.mpms.mufg.com/Initial_Offer/public-issues.html