SolarWorld Energy's IPO will open on September 23, 2025, and close on September 25, 2025. SolarWorld Energy's IPO is a book-built issue. The company will raise approximately ₹490 crore through the IPO, consisting of fresh shares worth ₹440 crore and 14,24,501 equity shares with a face value of ₹5.
The price band for SolarWorld Energy's IPO is ₹333 to ₹351 per share. The retail share is 10%, QIBs 75%, and HNIs 15%. SolarWorld Energy's IPO will be listed on the BSE and NSE on September 30, 2025. Allotment for SolarWorld Energy's IPO will take place on September 26, 2025.
The company reported revenue of ₹551.09 crore in 2025, compared to ₹505.50 crore in 2024. The company reported a profit of ₹77.05 crore in 2025, compared to ₹51.69 crore in 2024. Based on the financials, IPO investors should invest in the IPO GMP for the long term.
Solarworld Energy Solutions IPO Details
| IPO Date | September 23, 2025 to September 25, 2025 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Issue Price Band | ₹333 to ₹351 per share |
| Lot Size | 42 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 1,39,60,113 shares (aggregating up to ₹490.00 Cr) |
| Fresh Issue | 1,25,35,612 shares (aggregating up to ₹440.00 Cr) |
| Offer for Sale | 14,24,501 shares of ₹5 (aggregating up to ₹50.00 Cr) |
| Issue Type | Book building IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 7,41,37,042 shares |
| Share Holding Post Issue | 8,66,72,654 shares |
Solarworld Energy IPO Market Lot
The Solarworld Energy IPO minimum market lot is 42 shares with ₹14,742 application amount. The retail investors can apply up-to 13 lots with 546 shares of ₹1,91,646 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 42 | ₹14,742 |
| Retail Maximum | 13 | 546 | ₹1,91,646 |
| S-HNI Minimum | 14 | 588 | ₹2,06,388 |
| S-HNI Maximum | 67 | 2,814 | ₹9,87,714 |
| B-HNI Minimum | 68 | 2,856 | ₹10,02,456 |
IPO Reservation
| Investor Category | Share Offered | % Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 75% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 10% |
Solarworld Energy IPO Anchor Investors
| Anchor Bidding Date | September 22, 2025 |
| Anchor Investors List | |
| 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 date is September 23 and the close date is September 25. The Solarworld Energy IPO allotment will be finalized on September 26 and the IPO listing on September 30.
| 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.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 7,41,37,042 | 78.70% |
| Promoter Holding Post Issue | 8,66,72,654 | 67.31% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores | % |
| Investment in the Subsidiary, KSPL for partfinancing the establishment of the Pandhurana Project | 575.30 | -% |
| General Corporate Purpose | – | -% |
Solarworld Energy IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 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 – FY2025
Check Solarworld Energy IPO valuations detail like Earning Per Share (EPS), Price/Earning 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/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 40.27% |
| Net Asset Value (NAV): | ₹41.69 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Sterling & Wilson Renewable Energy Limited | 3.49 | 76.48 | 8.78% | 42.59 | 6,301.86 Cr. |
| KPI Green Energy Limited | 16.23 | 30.57 | 18.77% | 133.57 | 1,735.45 Cr. |
| Waaree Renewable Technologies Limited | 22 | 47.32 | 65.29% | 43.64 | 1,597.75 Cr. |
| Gensol Engineering Limited | – | – | -% | – | – Cr. |
| Oriana Power Limited | 79.52 | 29.01 | 47.59% | 254.75 | 987.17 Cr. |
About the Company
Founded in 2013, SolarWorld Energy is a leading provider of solar energy solutions, focusing on engineering, procurement, and construction (EPC) services for solar energy projects. The company has established solar energy projects that meet customer requirements and provides comprehensive and cost-effective solutions to its public sector and C&I clients. Its exceptional capabilities have made it a recognized presence among its clients. The company has successfully completed several projects with a total capacity of 253.67 MW (AC) / 336.17 MW (DC), and has received orders for several more projects with a combined capacity of 420 MW (AC) / 592 MW (DC), which are currently under construction. The company will be responsible for handling all operations from start to finish, providing services such as design, installation, and complete commissioning of solar energy projects. Currently, the company has a total of 136 permanent employees.