Solarworld Energy’s IPO was subscribed overall 68.49 times on the last day, while the retail quota subscribed 51.69 times, the QIB subscribed 74.24 times, and the NII quota subscribed 68.21 times, respectively.
SolarWorld Energy’s IPO Details
Solarworld Energys got approval from SEBI for the IPO of ₹490 crores, which is an entirely offer for sale up to 14,24,501 equity shares with a face value of ₹5 each. It has a set price band of ₹333 to ₹351 per share.
SolarWorld Energy’s Funds Utilisation
- The proceeds raised from the fresh issue will be used for the Investment in the Subsidiary, KSPL, for part-financing the establishment of the Pandhurana Project.
- Lastly, the remaining funds will be used for the general corporate purposes.
SolarWorld Energy’s Share Distributions
- Moreover, the retail category had 42 shares in a 1-lot size with a minimum application and a maximum of 546 shares in 13-lot sizes.
- S-HNI got 588 shares in 14 lot sizes for a minimum.
- S-HNI maximum shares 2,814 in 67 lot sizes.
- B-HNI received 2,856 shares in 68 lot sizes.
To participate in this IPO, each investor group has a tailored investment range
- Retail Minimum Application:- ₹14,742.
- Retail Maximum Application:-₹1,91,646.
- S-Hni (Minimum)Application:- ₹2,06,388.
- S-HNI (Maximum) Application: ₹9,87,714.
- B-HNI application: ₹10,02,456.
SolarWorld Energy’s IPO Subscription Duration
Started on September 23, 2025, and closed on September 25, 2025. The allotment was on September 26, 2025, and non-allottees got a refund on September 29, 2025. SolarWorld Energy’s IPO listing is today, September 30, 2025.
About SolarWorld Energy’s IPO
Incorporated in 2013, Solarworld Energy is one of the growing companies involved in providing solar energy solutions, focusing on engineering, procurement, and construction EPC services for solar power projects. The company set up the solar power projects that will meet the requirements of the customers, offering complete and affordable solutions to its PSUs and C&I clients.
The company has established its presence across clients, all due to its amazing skills. They have successfully completed many projects with a total capacity of 253.67 MW (AC) / 336.17 MW (DC), and have received orders for many more that they are currently working on with a combined capacity of 420 MW (AC) / 592 MW (DC). The company will be responsible for handling everything from start to finish by providing services like designing, installing, and fully setting up solar power projects. As of now, the company includes a total of 136 permanent employees.
SolarWorld Energy’s IPO Financial Background
The company reported revenue of ₹551.09 crores in 2025 against ₹505.50 crores in 2024. The company reported a profit of ₹77.05 crores in 2025 against a profit of ₹51.69 crores in 2024.
