Solarworld Energy Solutions IPO

Solarworld Energy Solutions IPO is a book build issue of Rs 490.00 crores, consisting of a fresh issue of 1.25 crore shares worth Rs 440.00 crores and an offer for sale of 0.14 crore shares worth Rs 50.00 crores. The IPO will open on September 23, 2025, and close on September 25, with allotment expected on September 26 and listing on BSE and NSE on September 30, 2025. The price band is fixed at Rs 333 to Rs 351 per share. The lot size is 42 shares, requiring a minimum retail investment of Rs 14,742. Nuvama Wealth is the lead manager.

Solarworld Energy Solutions IPO Details

Check out the issue details for Solarworld Energy Solutions IPO as disclosed in SEBI.

Price Band

₹ 333 - 351

Issue Size

490 Cr.

Issue Type

Book Built

Open

2025-09-23

Close

2025-09-25

Listing Date

2025-09-30

Solarworld Energy Solutions News

Solarworld Energy Solutions coming with an IPO to raise upto Rs 516 crore20 Sep 2025, 2:20PM

Company Financials

You can get the following financial statements of Solarworld Energy Solutions as of now.

Exchange

NSE: SOLARWORLD

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Solarworld Energy Solutions IPO Details

The details about the Solarworld Energy Solutions IPO are as follows:

  • The issue size of the IPO is Rs 490.00 Cr.
  • The price band for Solarworld Energy Solutions IPO is Rs 333 to Rs 351.
  • The shares of Solarworld Energy Solutions IPO will list on BSE and NSE.
  • The latest tentative GMP of Solarworld Energy Solutions IPO is Rs 57.
  • The shares of Solarworld Energy Solutions IPO are subscribed 68.49 Times.

 

Solarworld Energy Solutions IPO Valuation

The approximate valuation of Solarworld Energy Solutions IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 351
Existing Shares (Qty) 7.41 Cr
Fresh Issue Rs 440 Cr
Market Cap Rs 3040.91 Cr
EPS (FY25) Rs 10.68
PE Ratio 32.86x
Industry PE 45.85x

 

Solarworld Energy Solutions IPO Issue Size

Solarworld Energy Solutions IPO issue size is Rs 490.00 Cr.

Issue Amount
Fresh Issue Rs 440.00 Cr
Offer For Sale Rs 50.00 Cr

 

Solarworld Energy Solutions IPO Market Lot

An individual can apply for a minimum of 1 lot of 42 shares and a maximum of 13 lots (546 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 42 Rs 14,742
Retail Maximum 13 546 Rs 1,91,646

 

Solarworld Energy Solutions IPO Share Offer

The shares of Solarworld Energy Solutions IPO are subscribed 68.49 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not less than 75%
Non-Institutional Not more than 15%
Retail Individual Not more than 10%

 

Solarworld Energy Solutions IPO GMP (Grey Market Premium)

As on GMP (Tentative)
24  September 2025 Rs 66
25  September 2025 Rs 57

Solarworld Energy Solutions IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Solarworld Energy Solutions IPO Dates

Find below the dates for Solarworld Energy Solutions IPO

Schedule Date
Basis of Allotment 26 Sep 2025
Refunds 29 Sep 2025
Credit to Demat Account 29 Sep 2025
IPO Listing Date 30 Sep 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025
Net Sales 232.46 501.02 546.32
Total Expenditure 210.99 432.86 435.5
Operating Profit 21.47 68.16 110.82
Other Income 2.59 4.49 12.18
Interest 5.91 6.78 5.29
Depreciation 0.23 0.43 0.22
Exceptional Items 0 0 0
Profit Before Tax 17.92 65.44 117.49
Provision for Tax 4.5 16.74 29.86
Net Profit 13.43 48.7 87.64
Adjusted EPS (Rs.) 0.21 0.75 1.18

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 0.32 0.32 37.07
Total Reserves 18 66.69 276
Borrowings 17.05 16.05 0.21
Other N/C liabilities -0.4 -0.86 -3.83
Current liabilities 81.41 65.28 210.46
Total Liabilities 116.37 147.48 519.91
Assets
Net Block 1.18 0.93 14.34
Capital WIP 0 0 9.64
Intangible WIP 0 0 0
Investments 3.23 2.68 7.52
Loans & Advances 0.37 0 8.89
Other N/C Assets 0.21 0.01 9.23
Current Assets 111.37 143.87 470.29
Total Assets 116.37 147.48 519.91
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025
Profit from operations 17.92 65.44 117.49
Adjustment 5.19 7.57 11.4
Changes in Assets & Liabilities -26.03 -52.98 -44.11
Tax Paid -4.23 -12.86 -35.46
Operating Cash Flow -7.14 7.18 49.31
Investing Cash Flow 3.28 19.22 -199.8
Financing Cash Flow 6.36 -10.34 140.18
Net Cash Flow 2.5 16.05 -10.31

Solarworld Energy Solutions IPO: Date, Share Price, Review & Details

Solarworld Energy Solutions, a prominent player in the Indian solar energy sector, is launching its Initial Public Offering (IPO) on September 23, 2025. The company specialises in providing engineering, procurement, and construction (EPC) services for solar power projects and has a strong track record of serving both public sector undertakings (PSUs) and commercial clients.

About Solarworld Energy Solutions Ltd.

Since its inception in 2013, Solarworld Energy Solutions has established itself as a key provider of solar energy solutions. The company's business model is focused on:

  • EPC Services: Delivering end-to-end solutions for solar power projects, from design and engineering to procurement and construction.

  • Diverse Clientele: Serving a wide range of clients, including notable names like SJVN Green Energy, Ethnic Food Manufacturing, Haldiram Snacks, and Samiksha Solarworld.

  • Strong Order Book: As of August 31, 2024, the company had a robust order book of Rs 7,997.08 million, indicating a healthy pipeline of future projects.

Solarworld Energy Solutions IPO Details (2025)

  • IPO Open Date: September 23, 2025

  • IPO Close Date: September 25, 2025

  • Price Band: Rs 333 – Rs 351 per share

  • Lot Size: 42 shares

  • Minimum Investment: Rs 14,742 for retail investors at the upper price band.

  • Issue Size: Rs 490 crore, which includes a fresh issue of shares worth Rs 440 crore and an Offer for Sale (OFS) of shares worth Rs 50 crore by the promoter, Pioneer Facor IT Infradevelopers Private Limited.

  • Listing: The shares will be listed on both the BSE and NSE, with a tentative listing date of September 30, 2025.

  • Registrar: MUFG Intime India is the registrar for the IPO.

Use of IPO Proceeds

The net proceeds from the fresh issue will be primarily used for:

  • Investment in Subsidiary: Investing in its subsidiary, Kartik Solarworld Private Limited, to partially fund the development of a 1.2 GW solar PV TopCon cell manufacturing facility in Madhya Pradesh.

  • General Corporate Purposes: The remaining funds will be allocated for general corporate purposes.

Financial Performance

Solarworld Energy Solutions has demonstrated impressive financial growth. The company's key financial highlights include:

  • Revenue Growth: A remarkable Compound Annual Growth Rate (CAGR) of 298.03% in total income, from Rs 319.07 million in FY22 to Rs 5,055.02 million in FY24.

  • Profitability: A significant increase in profit after tax, growing at a CAGR of 385.23% from Rs 21.95 million in FY22 to Rs 516.98 million in FY24.

  • Strong Return Ratios: For fiscal 2024, the company reported a Return on Equity (ROE) of 108.25% and a Return on Capital Employed (ROCE) of 92.06%, highlighting its strong operational efficiency.

What You Can Find on This Page

This page provides a comprehensive overview of the Solarworld Energy Solutions IPO, including:

  • Live IPO Subscription Status: Track the subscription numbers for QIB, NII, and retail categories in real-time.

  • Grey Market Premium (GMP): Get the latest GMP updates to gauge market sentiment. As of September 18, 2025, the GMP was yet to be updated.

  • Allotment and Listing Information: Find out the allotment status and track the share price once it is listed. The allotment is expected to be finalised on September 26, 2025.

  • Financial Data: Access detailed financial statements and key performance indicators.

  • Analyst Reviews: Read expert opinions and recommendations on whether to subscribe to the IPO.

Frequently Asked Questions (FAQs) about Solarworld Energy Solutions IPO

Q1: What are the key dates for the Solarworld Energy Solutions IPO?
The IPO is open from September 23 to September 25, 2025. The tentative listing date is September 30, 2025.

Q2: What is the price band and lot size for the IPO?
The price band is Rs 333 to Rs 351 per share, with a minimum lot size of 42 shares.

Q3: What is the total issue size of the IPO?
The total IPO size is Rs 490 crore, comprising a fresh issue of Rs 440 crore and an OFS of Rs 50 crore.

Q4: How can I check the IPO allotment status?
You can check the allotment status on the registrar's website, MUFG Intime India, after the allotment date, which is scheduled for September 26, 2025.

For the latest updates on the Solarworld Energy Solutions IPO, including subscription details, GMP, and listing information, keep visiting this page.

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