Solarworld Energy Solutions came to market through an IPO that opened on 23 September 2025 and closed on 25 September 2025, and the shares listed on 30 September 2025 on BSE, NSE. The price band was ₹333 to ₹351 per share and one lot was 42 shares, so the minimum application was ₹14,742. The issue size was ₹490 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders. MUFG Intime India Pvt.
Ltd was the registrar to the issue, and Nuvama Wealth Management, SBI Capital Markets were the lead managers.
As of 25 September 2025.
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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.
As described in the offer document.
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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.
Kartik Teltia, Rishabh Jain, Mangal Chand Teltia, Sushil Kumar Jain, Anita Jain. Promoter holding 78.70% before the issue.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Solarworld Energy Solutions IPO was a ₹490 crore book-built issue, comprising a fresh issue of ₹440 crore and an offer for sale of ₹50 crore. It was priced at ₹333–₹351 per share with a lot size of 42 shares (₹14,742). The IPO was open from September 23 to September 25, 2025 and was subscribed 68.52x. Shares listed on BSE and NSE on September 30, 2025 at ₹388.50, a 10.7% premium to the issue price of ₹351. MUFG Intime India Pvt.
Ltd is the registrar. Nuvama Wealth Management Ltd. and SBI Capital Markets Ltd. are the book running lead managers.
The price band of Solarworld Energy Solutions IPO is ₹333 to ₹351 per share.
The lot size of Solarworld Energy Solutions IPO is 42 shares.
The minimum investment for Solarworld Energy Solutions IPO is approximately ₹14,742 based on the upper price band.
The allotment date of Solarworld Energy Solutions IPO is Sep 26, 2025.
Solarworld Energy Solutions IPO's final recorded GMP before listing was ₹38 per share (a 11% premium over the ₹351 upper price band). The shares listed at ₹388.5. GMP is unofficial and does not forecast or guarantee the actual listing price.
Solarworld Energy Solutions IPO listed on Sep 30, 2025. It was issued at ₹388.50(NSE) and is currently around ₹104.98 as on 2-Nov-2026 3:30 PM, which is approximately -70.1% versus issue price. The 52-week high is ₹320.00.
You can check Solarworld Energy Solutions IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Solarworld Energy Solutions IPO allotment status on Rupix for quick and easy access.
₹333 to ₹351 per share, against a face value of ₹5. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 42 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,742.
₹14,742, for one lot of 42 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 23 September 2025 and closed on 25 September 2025.
The basis of allotment was published on 26 September 2025 by MUFG Intime India Pvt. Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 30 September 2025 on BSE, NSE.
The issue size was ₹490 crore. The fresh issue was 1,25,35,612 shares (aggregating up to ₹440 crore). The offer for sale was 14,24,501 shares (aggregating up to ₹50 crore).