September, 19 2025 Friday 01:51 Hrs
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  • Commodity broking firm in India320.25( 0.39%) 18-Sep-2025

IPO Synopsis

Solarworld Energy Solutions Ltd
Initial public offering of up to [*] equity shares of face value of Rs. 5 each (equity shares) of Solarworld Energy Solution Limited (the company or the issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. 490.00 crores (offer). The offer comprises of a fresh issue of up to [*] equity shares aggregating up to Rs. 440.00 crores (the fresh issue) and an offer for sale of up to [*] equity shares aggregating up to Rs. 50.00 crores by pioneer facor it infradevelopers private limited (the offer for sale). The offer will constitute [*]% of the post-offer paid-up equity share capital. Price Band: Rs. 333/- to Rs. 351/- for equity share of face value of Rs. 5 each. The floor price is 66.60 times times the face value and cap price is 70.20 times of the face value of the equity shares. Bids can made for a minimum of 42 equity shares and in multiples of 42 equity shares thereafter.
Issue
Opens On Closes On
23-Sep-25 25-Sep-25
Money Payable On
Application Allotment
333.00 0.00
Minimum Application for shares in Nos : 42 Further Multiples of : 42
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Nuvama Wealth Management Ltd
Project Financed through Current Offer (.Cr) 490.00  
Post Issue Equity Share Capital (.Cr) 43.34
Issue Price () 333.00
Projects
Investment in its subsidiary KSPL for part financing the establishment of the pandhurana project
General corporate purposes
Promoted By
Kartik Teltia
Rishabh Jain
Mangal Chand Teltia
Listing At
BSE
NSE
Registrar to the Issue
MUFG Intime India Pvt Ltd
Top
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