SE

Solarworld Energy Solutions

Book Building issueMainboardNSE₹490 Cr issue
+10.83%
Listing gain over issue price
Issue size
₹490 Cr
1 lot at cut-off
₹14,742
Lot size
42shares
Open
23 Sept 2025
Close
25 Sept 2025
Allotment
26 Sept 2025
Listing
30 Sept 2025

Listing performance

Issue price
₹351
Listed at
₹389
Listing-day close
₹323.5
Latest price
₹185.38
Listing gain
+10.83%
Return since listing
-47.19%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    23 Sept 2025
  2. Close
    25 Sept 2025
  3. Allotment
    26 Sept 2025
  4. Refund
    29 Sept 2025
  5. Demat credit
    29 Sept 2025
  6. Listing
    30 Sept 2025

Grey market premium

Unofficial and indicative — not a forecast

₹40

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
30 Sept 2025₹40+11.40%₹1,300₹391₹1,680
29 Sept 2025₹40+11.40%₹1,300₹391₹1,680
28 Sept 2025₹43+12.25%₹1,400₹394₹1,806

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
23 Sept 2025 – 25 Sept 2025
Listing date
30 Sept 2025
Face value
₹5 per share
Issue price
₹351 per share
Lot size
42 shares
Issue type
Book Building issue
Listing at
NSE
Total issue size
₹490 Cr
Market cap at offer price
₹3,042 Cr
Promoter holding
78.70% → 65.67% pre-issue → post-issue
ISIN
INE0TY101024
Registrar
MUFG Intime India Pvt.Ltd.
Lead managers
Nuvama Wealth Management Ltd.
Registered office
501, Padma Palace, 86, Nehru Place, New Delhi

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB62,82,051
Market maker 0

Application size

Minimum 42 shares per lot, in multiples, at ₹351

ApplicationLotsSharesAmount
Retail (min)142₹14,742
Retail (max)13546₹1,91,646
S-HNI (min)14588₹2,06,388
S-HNI (max)672,814₹9,87,714
B-HNI (min)682,856₹10,02,456

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
62,82,051
Anchor portion
₹221 Cr
at ₹351 per share

Valuation and performance

Valuation at offer price

₹351 per share

MetricPre-issuePost-issue
EPS (₹)10.398.89
P/E (×)33.7839.48
Market cap₹3,042 Cr

Key performance indicators

Latest reported period

Return on net worth
40.27%
ROCE
54.53%
Debt / equity
0.37
PAT margin
14.14%
EBITDA margin
19.60%
NAV per share
₹41.69

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.