Sterling and Wilson Solar Limited IPO
Sterling and Wilson Solar Limited IPO is listed on NSE and BSE ( B - Group ), priced at ₹775–₹780 per share. The stock debuted at ₹706. The IPO had a lot size of ₹19 shares and a minimum investment of ₹14,820.
Sterling and Wilson Solar Limited IPO
- IPO Dates
- Aug 6, 2019 – Aug 8, 2019
- Price band
- ₹775 - 780 per equity share
- Minimum Investment
- ₹14,820
- Issue size
- Offer for Sale of 4,00,64,102 Equity Shares of Rs 1/- at price of Rs 775 - Rs 780 aggregating up to Rs 3125 Cr
- Lot size
- 19
- Allotment Date
- Aug 16, 2019
- Listing
- Aug 20, 2019
- Listing At
- NSE, BSE ( B - Group )
IPO timeline
-
Aug 6, 2019
Open Date
Completed
-
Aug 8, 2019
Close Date
Completed
-
Aug 16, 2019
Allotment Date
Completed
-
Aug 20, 2019
Listing Date
Completed
Sterling and Wilson Solar Limited IPO Essentials
Sterling and Wilson Solar Limited IPO Details
Sterling and Wilson Solar Limited IPO is priced at ₹775 - 780 per share with a total issue size of Offer for Sale of 4,00,64,102 Equity Shares of Rs 1/- at price of Rs 775 - Rs 780 aggregating up to Rs 3125 Cr. The IPO has a lot size of 19 shares and is listed on BSE and NSE.
- Issue price
- Rs 775 - Rs 780 per Equity Share
- Lot size
- 19 shares
- Face value
- Rs 1/- Per Equity Share
- Issue size
- Offer for Sale of 4,00,64,102 Equity Shares of Rs 1/- at price of Rs 775 - Rs 780 aggregating up to Rs 3125 Cr
- Listing at
- NSE, BSE ( B - Group )
- List price
- 706
- Listing date
- Registrar
- Link Intime India Private Limited
- Lead manager
-
Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Deutsche Equities India Private Limited, ICICI Securities Limited, IIFL Holdings Limited, IndusInd Bank Limited, SBI Capital Markets Limited, Yes Securities (India) Limited
Sterling and Wilson Solar Limited IPO Details
- Retail Portion N/A
Sterling and Wilson Solar Limited IPO Analytics
Sterling and Wilson Solar Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Sterling and Wilson Solar Limited IPO Subscription Status
Sterling and Wilson Solar Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,20,96,774 |
60,48,386
|
40,32,258 | 2,21,77,418 |
|
Day 1
06-08-19
|
0.06 x |
0.20x
|
0.06 x | 0.09 x |
|
Day 2
07-08-19
|
0.19 x |
0.69x
|
0.15 x | 0.33 x |
|
Day 3
08-08-19
|
1.02 x |
0.89x
|
0.30 x | 0.85 x |
Sterling and Wilson Solar Limited Valuations
Earnings
- EPS (Post IPO)
- Rs 39.85
- P/E Ratio
- 19.57
Returns
- RoNW
- 62%
Sterling and Wilson Solar Limited Company & Offer Insights
Sterling and Wilson Solar Limited IPO Issue Objectives
- •
- Offer for Sale(a) To carry out the disinvestment of Equity Shares by the Selling Shareholder in the company. (b) To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
- •
- Fresh Issue(a) Funding the working capital requirements of our Company.(b) General corporate purposes.
Sterling and Wilson Solar Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| IndoStar Capital Finance Ltd | 2.17 | 24.73 | 11.08% | 719.92 |
| L&T Finance Holdings Ltd | 3.34 | 33.20 | 11.44% | 314.89 |
| Piramal Enterprises Ltd | 3.01 | 35.90 | 8.41% | 8737.40 |
| Aditya Birla Capital Ltd | 2.98 | 25.15 | 8.04% | 5885.87 |
| Capital First Ltd | 2.72 | 25.12 | 10.37% | 2800.86 |
| Shriram Trasport Finance Co. Ltd | 3.23 | 28.90 | 11.17% | 10,904.47 |
| Sundaram Finance Ltd | 4.09 | 28.79 | 14.19% | 5633.21 |
| Cholamandalam Investment and Finance Company Ltd | 6.28 | 37.77 | 16.63% | 4696.85 |
| Repco Home Finance Ltd | 3.51 | 21.50 | 16.32% | 1045.89 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Sterling and Wilson Solar Limited IPO is a book-built IPO worth ₹Offer for Sale of 4,00,64,102 Equity Shares of Rs 1/- at price of Rs 775 - Rs 780 aggregating up to Rs 3125 Cr. The price band is ₹775–₹780 per share. The IPO opens on Aug 6, 2019 and closes on Aug 8, 2019. It will be listed on BSE and NSE. Link Intime India Private Limited is the registrar.
The price band of Sterling and Wilson Solar Limited IPO is ₹775 to ₹780 per share.
The lot size of Sterling and Wilson Solar Limited IPO is 19 shares.
The minimum investment for Sterling and Wilson Solar Limited IPO is approximately ₹14,820 based on the upper price band .
Sterling and Wilson Solar Limited IPO opens on Aug 6, 2019 and closes on Aug 8, 2019.
The allotment date of Sterling and Wilson Solar Limited IPO is Aug 16, 2019.
Sterling and Wilson Solar Limited IPO is expected to be listed on Aug 20, 2019, on BSE and NSE .
Sterling and Wilson Solar Limited IPO valuation snapshot: P/E 19.57, EPS Rs 39.85, P/B N/A, RoNW 62%, and market cap N/A.
To apply for Sterling and Wilson Solar Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Sterling and Wilson Solar Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Sterling and Wilson Solar Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Sterling and Wilson Solar Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sterling and Wilson Solar Limited IPO allotment status on IPO Ji for quick and easy access.