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Solarworld Energy Solutions' ₹490-crore IPO opened Sept. 23, 2025, with plans to list Sept. 30 on BSE and NSE.
Solarworld Energy Solutions’ ₹490-crore IPO opened on September 23, 2025, with a price band of ₹333 to ₹351 per share, closing on September 25.
It includes a ₹440-crore fresh issue and a ₹50-crore offer-for-sale by promoter Pioneer Facor IT Infradevelopers.
Proceeds will fund a 1.2 GW Solar PV TopCon manufacturing facility in Madhya Pradesh and general corporate purposes.
Anchor investors committed ₹220.5 crore.
The IPO reserves 75% for qualified institutional buyers, 15% for non-institutional investors, and 10% for retail investors.
The grey market premium was ₹65, suggesting a potential listing price of ₹416, or an 18.5% gain.
The company, founded in 2013, provides engineering, procurement, and construction services for solar projects.
Listing is expected on September 30 on BSE and NSE.
La OPI de Solarworld Energy Solutions de ₹ 490 crores se abrió el 23 de septiembre de 2025, con planes para listar el 30 de septiembre en BSE y NSE.