Solarworld Energy Solutions Limited IPO
The company is a leading solar energy solutions provider in India, specializing in engineering, procurement, and construction (EPC) services for solar power projects. As one of the top performers in the EPC segment by revenue, the company has been delivering comprehensive, end-to-end, and cost-effective solar solutions since its inception in 2013. Serving both public sector undertakings (PSUs) and commercial & industrial (C&I) clients, the company tailors its offerings to support customers’ sustainable energy goals—enhancing energy infrastructure, enabling decarbonization, and improving energy efficiency. These solutions are delivered through two business models: the Capital Expenditure (CAPEX) model and the Renewable Energy Service Company (RESCO) model.
Price Band₹0.00 |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹600.00 Crs |
Solarworld Energy Solutions IPO Objects
- Investment in our Subsidiary, for part-financing
- General corporate purposes.
Solarworld Energy Solutions IPO Details
Price Band₹0.00 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹550.00 Cr (0.00 Shares) |
Offer For Sale₹50.00 Cr (0.00 Shares) |
Total Issue₹600.00 Cr (0.00 Shares) |
Face Value₹5 per equity share |
Solarworld Energy Solutions IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1
0
Maximum
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-
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| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
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| Big HNI |
Minimum
-
-
-
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Solarworld Energy Solutions IPO GMP
The estimated Grey Market Premium of Solarworld Energy Solutions IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 15% of Net Offer |
Solarworld Energy Solutions IPO Financials
| Particulars | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Revenue from Operations | 501.02 | 232.46 | 27.79 |
| Profit after Tax | 51.69 | 14.84 | 2.20 |
| Net Worth | 73.60 | 21.91 | 7.06 |
| Total Borrowing | 61.10 | 64.67 | 52.40 |
| Total Assets | 155.02 | 120.43 | 67.40 |
| NAV per share (in ₹) | 11.39 | 3.39 | 1.09 |
| EPS - Basic (in ₹) | 8.00 | 2.30 | 0.34 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 14.19% |
| PAT | 10.32% |
| ROE | 108.25% |
| ROCE | 92.06% |
| Debt to Equity | 0.83 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Solarworld Energy Solutions IPO Peer Comparision
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Solarworld Energy Solutions IPO Peer Comparision
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Promoter Details
| Name | Shareholding |
|---|---|
| Kartik Teltia | 36.08% |
| Mangal Chand Teltia | 5% |
| Pioneer Facor IT Infradevelopers Private Limited | 41.08% |
| Total | 82.16% |
Management Details
| Name | Designation |
|---|---|
| Kartik Teltia | MD |
| Mukut Goyal | CFO |
Company Details
Name: Solarworld Energy Solutions IPO
Address: 501, Padma Palace, 86, Nehru Place, South Delhi, New Delhi – 110 019, Delhi, India
Number: 0120 4399946
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Book Running Lead Managers (BRLMs)
Nuvama Wealth
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SBI Capital
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MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Solarworld Energy Solutions IPO is a Mainboard IPO having an issue size of Rs. ₹600.00 Crs. Solarworld Energy Solutions IPO is priced at ₹0.00 - ₹0 per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.
Solarworld Energy Solutions IPO opens on 12 Jul 25 and closes on 12 Jul 25.
The estimated Grey Market Premium of Solarworld Energy Solutions IPO is ₹0 per share (-).
The minimum lot size of Solarworld Energy Solutions IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Solarworld Energy Solutions IPO is 12 Jul 25.
The listing date of Solarworld Energy Solutions IPO is 12 Jul 25.
Solarworld Energy Solutions IPO is subscribed -.
Solarworld Energy Solutions IPO is priced at ₹0.00 - ₹0 per share.
Click the allotment link on Solarworld Energy Solutions IPO page of IPO360.
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