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Solarworld Energy Solutions IPO | Important Dates, Price, and More
Author
Shoonya Team
Solarworld Energy Solutions Limited is launching its ₹490 crore IPO, which is scheduled to open for subscription on September 23, 2025, and close on September 25, 2025. The company’s shares are proposed to be listed on both BSE and NSE, with a tentative listing date of September 30, 2025.
The IPO price band has been set at ₹333 – ₹351 per share, with a minimum application size of 42 shares. Retail investors need a minimum investment of about ₹14,742, while sNII investors need to apply for at least 588 shares (₹2.06 lakh), and bNII investors for 2,856 shares (₹10.02 lakh).
The issue is a combination of a fresh issue and an offer for sale, consisting of a fresh issue worth ₹440 crore and an OFS of ₹50 crore. Further, the company successfully raised ₹220.50 crore from anchor investors on September 22, 2025, highlighting strong institutional interest.
Here are the quick steps to apply for the Solarworld Energy Solutions Limited IPO!
Solarworld Energy Solutions Limited | IPO Details
| Detail | Information |
| IPO Opening Date | September 23, 2025 |
| IPO Closing Date | September 25, 2025 |
| Tentative IPO Listing Date | September 30, 2025 |
| Face Value | ₹5 per share |
| Price Band | ₹333 – ₹351 per share |
| Lot Size | 42 shares |
| Total Issue Size | 1,39,60,113 shares (₹490.00 Cr) |
| Fresh Issue | 1,25,35,612 shares (₹440.00 Cr) |
| Offer for Sale (OFS) | 14,24,501 shares (₹50.00 Cr) |
| IPO Segment | Main Board – Book Building |
| Listing At | BSE, NSE |
| Anchor Investors | ₹220.50 Cr raised (62,82,051 shares) |
| Shareholding Pre-Issue | 78.70% |
Solarworld Energy Solutions Limited IPO | Company Overview
Solarworld Energy Solutions Limited was Incorporated in 2013. It is a fast-growing company in India’s renewable energy sector. It specialises in engineering, procurement, and construction (EPC) services for solar power projects. The company provides complete solar solutions under two main business models:
- CAPEX Model: End-to-end design, installation, and commissioning of solar projects, where ownership remains with the customer.
- RESCO Model: Allows customers to adopt solar energy without upfront costs, helping them cut carbon footprints with minimal investment.
Furthermore, Solarworld has partnered with ZNSHINE PV-Tech Co., Ltd., a Bloomberg NEF Tier 1 solar panel supplier from China, to establish a solar panel manufacturing facility.
The company’s customer base includes reputed names such as SJVN Green Energy Limited, Haldiram Snacks Pvt. Ltd., Ethnic Food Manufacturing Pvt. Ltd., and Samiksha Solarworld Pvt. Ltd. As of July 31, 2025, Solarworld had 277 employees, supporting projects across India.
Solarworld Energy Solutions Limited IPO | Key Details
- IPO Opening Date: September 23, 2025
- IPO Closing Date: September 25, 2025
- Allotment Date: September 26, 2025
- Price Band: ₹333 – ₹351 per share
- IPO Size: ₹490 Crores (Fresh Issue + OFS)
- Refunds Initiated: September 29, 2025
- Shares Credited to Demat: September 29, 2025
- Listing Date: September 30, 2025
- Cut-off Time for UPI Mandate Confirmation: 5 PM on September 25, 2025
Solarworld Energy Solutions Limited IPO | Financial Overview
Solarworld Energy Solutions has shown consistent growth over the last three years. Revenue increased by 9% in FY25, while profit after tax (PAT) jumped by 49%, reflecting operational efficiency and strong demand for solar EPC projects.
Here’s a snapshot of the financial performance:
Amounts are in ₹ Crore
| Financial Information (₹ in Crore) | 31-Mar-25 | 31-Mar-24 | Change (FY25 vs FY24) | Change % |
| Assets | 598.02 | 155.02 | +443.00 | +285.8% |
| Total Income | 551.09 | 505.50 | +45.59 | +9.0% |
| Profit After Tax | 77.05 | 51.69 | +25.36 | +49.0% |
| EBITDA | 106.75 | 71.09 | +35.66 | +50.1% |
| Net Worth | 309.07 | 73.60 | +235.47 | +320.0% |
| Reserves & Surplus | 272.00 | 73.28 | +198.72 | +271.2% |
| Total Borrowing | 114.55 | 61.10 | +53.45 | +87.5% |
Solarworld Energy Solutions Limited IPO | FAQs
The Solarworld Energy Solutions IPO opens on September 23, 2025, and closes on September 25, 2025. The allotment will be finalised on September 26, 2025, and the shares will list on September 30, 2025, on BSE and NSE.
The price band of Solarworld Energy Solutions IPO is ₹333 – ₹351 per share. The minimum application size is 42 shares, which requires a retail investment of approximately ₹14,742.
The allotment status of Solarworld Energy Solutions IPO can be checked on the registrar’s website, MUFG Intime India Pvt. Ltd., using your PAN, application number, or Demat ID after allotment is finalised on September 26, 2025.
Refunds for non-allottees of Solarworld Energy Solutions will be processed on September 29, 2025.
The face value of Solarworld Energy Solutions’ equity share is ₹5 per share.
The Solarworld Energy Solutions IPO consists of a fresh issue of 1.25 crore shares (₹440 Cr) and an offer for sale of 14.24 lakh shares (₹50 Cr), aggregating to ₹490 Cr.
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.
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