Solarworld Energy IPO Date, Review, Price, Allotment Details

Posted on: 18 Sep 2025

SolarWorld Energy IPO is scheduled to open in 2025 and will close in the same year. It is a Book Built Issue through which the company aims to raise approximately ₹600 crores, including a fresh issue worth ₹550 crores and an offer for sale of [.] equity shares with a face value of ₹5 each.

The IPO price band has been set at ₹333 to ₹351 per share. The allocation structure reserves 75% for Qualified Institutional Buyers (QIBs), 15% for High Net-worth Individuals (HNIs), and 10% for retail investors. Post allotment, Solarworld Energy IPO will be listed on BSE and NSE in 2025.

On the financial front, the company’s revenue grew significantly from ₹235.05 crores in 2023 to ₹505.5 crores in 2024, while net profit increased from ₹14.84 crores in 2023 to ₹51.69 crores in 2024. Given this robust performance, the IPO is seen as a strong bet for investors looking at long-term gains.

SolarWorld Energy IPO Details

IPO Open Date:
2025
IPO Close Date:
2025
Face Value:
₹5 Per Equity Share
IPO Price Band:
₹333 to ₹351 Per Share
Issue Size:
Approx ₹490 Crores
Fresh Issue:
Approx ₹440 Crores
Offer for Sale:
Approx 14,24,501 Equity Shares
Issue Type:
Book Built Issue
IPO Listing:
BSE & NSE
Retail Quota:
Not more than 10%
QIB Quota:
Not more than 75%
NII Quota:
Not more than 15%
DRHP Draft Prospectus:
Click Here

SolarWorld Energy IPO Market Lot

The minimum market lot for the Solarworld Energy IPO is 42 shares, requiring an application amount of ₹₹14,742. Retail investors can apply for a maximum of 13 lots, which equals 546 shares with a total investment of ₹1,91,646.

ApplicationLot SizeSharesAmount
Retail Minimum142₹14,742
Retail Maximum13546₹1,91,646
S-HNI Minimum14588₹2,06,388
S-HNI Maximum672,814₹9,87,714
B-HNI Minimum682,856₹10,02,456

IPO Reservation

Investor CategoryShare Offered% Shares
Anchor Investor– Shares-%
QIB (Ex. Anchor)– Shares75%
NII Shares Offered– Shares15%
Retail Shares Offered– Shares10%

SolarWorld Energy IPO Anchor Investors

Anchor Bidding DateSeptember 22, 2025
Anchor Investors ListPDF
Shares Offered[.] Shares
Anchor Size[.] Cr.
lock-in period end date 50% shares (30 Days)October 26, 2025
lock-in period end date 50% shares (90 Days)December 25, 2025

SolarWorld Energy IPO Dates

The Solarworld Energy IPO will open on September 23, 2025, and close on September 25, 2025. The allotment is scheduled for September 26, 2025, with the IPO set to be listed on September 30, 2025.

IPO Open Date:September 23, 2025
IPO Close Date:September 25, 2025
Basis of Allotment:September 26, 2025
Refunds:September 29, 2025
Credit to Demat Account:September 29, 2025
IPO Listing Date:September 30, 2025
IPO Bidding Cut-off Time:September 25, 2025 – 5 PM

Promoters and Holding Pattern

The promoters of the company are Kartik Teltia, Rishabh Jain, Mangal Chand Teltia, Sushil Kumar Jain, and Anita Jain.

ParticularShares% Share
Promoter Holding Pre-Issue7,41,37,04278.70%
Promoter Holding Post Issue8,66,72,65467.31%

Objects of the Issue & Utilisation of Proceeds

PurposeCrores%
Investment in the Subsidiary, KSPL, for part-financing the establishment of the Pandhurana Project575.30-%
General Corporate Purpose-%

About SolarWorld Energy IPO

Incorporated in 2013, Solarworld Energy is a fast-growing enterprise engaged in delivering solar energy solutions with a strong focus on Engineering, Procurement, and Construction (EPC) services for solar power projects. The company provides end-to-end solutions—from designing and installation to complete project execution—ensuring affordable and reliable energy systems tailored to the needs of PSUs and commercial & industrial (C&I) clients.

Over the years, Solarworld Energy has built a solid reputation through its technical expertise and successful execution of numerous projects. The company has already completed projects with a total installed capacity of 253.67 MW (AC) / 336.17 MW (DC). In addition, it has secured new orders under execution with a combined capacity of 420 MW (AC) / 592 MW (DC).

Backed by a team of 136 permanent employees, Solarworld Energy continues to expand its footprint by offering integrated, customer-focused solar power solutions that cover every stage of project development.

SolarWorld Energy IPO Company Financial Report

In terms of financial performance, Solarworld Energy’s revenue rose sharply from ₹235.05 crores in 2023 to ₹505.5 crores in 2024. Similarly, net profit increased from ₹14.84 crores in 2023 to ₹51.69 crores in 2024, reflecting strong year-on-year growth and improved profitability.

Amount in Crores (₹)

Period EndedRevenueExpensePATAssets
2022₹31.91₹30.46₹2.20₹67.40
2023₹235.05₹217.13₹14.84₹120.43
2024₹505.5₹439.37₹51.69₹155.02
2025₹551.09₹441.98₹77.05₹598.02

Solarworld Energy IPO Valuation – FY2024

Check Solarworld Energy IPO valuation details like Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI
Values
ROE:
40.27%
ROCE:
54.53%
EBITDA Margin:
19.60%
PAT Margin:
14.14%
Debt-to-equity ratio:
0.37
Earning Per Share (EPS):
₹10.68 (Basic)
Price/Earnings (P/E) Ratio:
N/A
Return on Net Worth (RoNW):
40.27%
Net Asset Value (NAV):
₹41.69

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Sterling & Wilson Renewable Energy Limited3.4976.488.78%42.596,301.86 Cr.
KPI Green Energy Limited16.2330.5718.77%133.571,735.45 Cr.
Waaree Renewable Technologies Limited2247.3265.29%43.641,597.75 Cr.
Gensol Engineering Limited-%– Cr.
Oriana Power Limited79.5229.0147.59%254.75987.17 Cr.

SolarWorld Energy IPO Registrar

MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: solarworldenergy.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

IPO Lead Managers aka Merchant Bankers

  • Nuvama Wealth Management Limited
  • SBI Capital Markets Limited

Company Address

Solarworld Energy Solutions Limited
501, Padma Palace, 86,
Nehru Place, South Delhi,
New Delhi – 110 019, Delhi, India
Phone: 0120 4399946
Email: support@worldsolar.in
Website: http://www.worldsolar.in/

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