Solarworld Energy IPO Day 1: Check GMP, Subscription Status & Key Highlights
The public subscription window for the ₹490 crore Solarworld Energy IPO is open today, September 23, and will conclude on September 25. Ahead of the IPO opening, the company raised ₹220.5 crore from its anchor investors on September 22, 2025.
Solarworld Energy IPO: Issue Details
The Solarworld Energy IPO is a book-building issue of ₹490 crores, comprising a fresh issue of ₹440 crores and an offer for sale of ₹50 crores.
The price band is set between ₹333 and ₹351 per share. The basis of allotment will be finalised by September 26, 2025, and the tentative listing date on BSE and NSE is September 30, 2025.
Solarworld Energy IPO Day 1 Subscription Status
[23-September-2025 11:54:00]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.00 |
|
Non-Institutional Investors |
0.28 |
|
Retail Individual Investors (RIIs) |
1.57 |
|
Total |
0.36 |
Utilisation of IPO Proceeds
The net proceeds from the fresh will be used to:
- Invest in a subsidiary, Kartik Solarworld Private Limited, for financing the establishment of a 1.2 GW solar PV TopCon Cell manufacturing facility in MP
- General corporate purposes
Solarworld Energy IPO GMP Details
As of 23 September 2025, Solarworld Energy IPO’s GMP stood at ₹65. The estimated listing price is ₹416, i.e., an 18.52% gain per share over the upper price band.
Source: Business Standard Report dated 23 September 2025
Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.
Solarworld Energy Business Overview
Solarworld Energy is a solar energy solutions provider and specialises in engineering, procurement and construction (“EPC”) services for solar power projects. The company caters to public sector undertakings (“PSUs”) and commercial and industrial clients (“C&I Clients”).
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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