Sterling and Wilson Solar IPO Dates, Review, Price Band & Market Lot Details

Vijay Prajapati
April 16, 2019

Vijay Prajapati

Sterling and Wilson Solar ipo to hit the market on 06-August and closes on 08-August. Its Shapoorji Pallonji Group’s solar engineering, procurement, and construction (EPC) business company. The company promoters to sell ₹4500 crore worth shares in IPO. The Shapoorji Pallonji and Company holds 65.77% stake in the company. The Mistry and Daruvala families have been partners in Sterling and Wilson for 3 generations. The company shown a superb growth in last 5 years. They had 1760 crore turnover in 2012 which crossed over 10000 crore in March 2018. The company operates in India, Middle East, Africa, Australia, Europe, the USA, and South America. They provide DG sets, Gas based power plants, Waste to Energy, Turnkey data centers, Transmission & Distribution and Solar EPC. With its recent foray into Wind and Energy Storage, Sterling and Wilson is perfectly poised to play a pivotal role in the global trend of moving away from thermal plants to a future of renewable energy with storage. Checkout for Sterling and Wilson Solar ipo dates, price band and market lot details.

Sterling and Wilson Solar IPO Review:

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Brokerage Firm IPO Reviews:

Sharekhan Limited : None
Motilal Oswal : Subscribe for Long Term
Angel Broking : None
Centrum Wealth Management : Subscribe for Long Term
Choice Equity Broking Pvt Ltd : Subscribe
Axis Capital : None
Canara Bank : Subscribe for Long Term
HDFC Securities Limited : None
ICICI Direct : None
Religare Broking Limited : None
Capital Market : Avoid, however active risk seekers can try
Ventura Securities Limited : None

Sterling and Wilson Solar IPO Dates & Price Band: (Tentative)

IPO Open:	06-Aug-2019
IPO Close:	08-Aug-2019
IPO Size:	Approx ₹3125 Crore (Approx)
Face Value:	₹1 Per Equity Share
Price Band:	₹775-780 Per Share
Listing on:	BSE & NSE
Retail Portion:	10%
Equity:	– Shares

Sterling and Wilson Solar IPO Market Lot:

Shares: Apply for 19 Shares (Minimum Lot Size)
Amount: ₹14,820

Sterling and Wilson Solar IPO Allotment & Listing:

Basis of Allotment: 14-August-2019
Refunds: 16-August-2019
Credit to demat accounts: 19-August-2019
Listing: 20-August-2019

Read Also
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date

Sterling and Wilson Solar Financial:

₹ in Crore
	Revenue	Expense	PAT
2015	–	–	–
2016	2747	2551	125.4
2017	1650	1585	31.4
2018	6884	6334	450.5
2019	8450	7598	638.2

Company Promoters:

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Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Sterling and Wilson Solar IPO Registrar:
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Note: Check Sterling and Wilson Solar ipo allotment status on – website allotment url. Click Here

Sterling and Wilson Solar IPO Lead Managers:

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Company Address:
Sterling and Wilson Pvt. Ltd.
Universal Majestic, 9th Floor
P. L. Lokhande Marg
Chembur(West), Mumbai – 400 043
Maharashtra, India
Telephone: +91-22-25485300
Fax: +91-22-25485331
Email: [email protected]
https://sterlingandwilson.com

Note: The ipo price band and dates will be added as it will be officially announced. The ipo grey market premium (ipo gmp) will be added on the grey market page as it will start)

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