Archive · 29 Sep 2025
Solarworld Energy Solutions IPO Set to Debut with High GMP
Solarworld Energy Solutions, a solar energy company, had its IPO and is set to start trading on the stock market.
The IPO was highly subscribed, with bids coming in for 68.49 times the shares offered.
The company hopes to raise ₹490 crore by selling shares at ₹333-351 each.
The current estimate for the shares value is ₹38 per share higher than the original price.
This money will be used to build a solar panel factory and for general company expenses.
Trading is set to begin on September 30.
Solarworld Energy Solutions' IPO is expected to list on September 30.
The IPO saw a subscription of 68.49 times during its bidding period.
The price band for the IPO was set between ₹333 and ₹351 per share.
The grey market premium (GMP) is ₹38 per share.
Funds raised will finance a solar PV manufacturing plant.
- Who
- Solarworld Energy Solutions
- What
- IPO debut
- When
- September 30
- Where
- N/A
- Why
- Funds raised to finance a solar PV manufacturing plant.
- Company
- Solarworld Energy Solutions
- IPO Subscription
- 68.49 times
- Issue Size
- ₹490 crore
- Price Band
- ₹333-351 per share
- Grey Market Premium (GMP)
- ₹38 per share
- Listing Date
- September 30
