IPO Trending
SOLARWORLDEQ / NSE, BSEListed
Solarworld Energy Solutions

SolarWorld Energy Solutions Limited, incorporated in 2013, provides solar energy solutions with a focus on engineering, procurement, and construction (EPC) services for solar power projects. It operates through two models: the CAPEX model, where customers own the project and the company handles design, installation, and commissioning, and the RESCO model, which allows businesses to adopt solar power without upfront investment, helping them cut costs and reduce carbon footprints. In May 2024, the company partnered with ZNSHINE PV-Tech Co. Ltd., a Bloomberg NEF tier-1 solar panel supplier from China, to set up a solar panel manufacturing facility. Its clients include SJVN Green Energy, Haldiram Snacks, Ethnic Food Manufacturing, and Samiksha Solarworld. As of July 31, 2025, the company employed 277 people.

₹333 - ₹35161.34x sub
Listed Price₹388.50
Listing Gain+10.68%

IPO Schedule & Timeline

Bookbuilding IPO
Open23 Sep 2025
Close25 Sep 2025
Allotment26 Sep 2025
Listing30 Sep 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor62,82,051 shares
45%
QIB41,88,034 shares
30%
HNI20,94,017 shares
15%
Retail13,96,011 shares
10%

Minimum Application Lots

Retail1 Lot (42 shares)
₹14,742
sHNI14 Lots (588 shares)
₹2,06,388
bHNI68 Lots (2,856 shares)
₹10,02,456

Company Promoters

Kartik TeltiaRishabh JainMangal Chand TeltiaSushil Kumar JainAnita Jain

Company Background

SolarWorld Energy Solutions Limited, incorporated in 2013, provides solar energy solutions with a focus on engineering, procurement, and construction (EPC) services for solar power projects. It operates through two models: the CAPEX model, where customers own the project and the company handles design, installation, and commissioning, and the RESCO model, wh...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹551.09 Cr
Growth+134.5%
Revenue Trend (₹ in Crores)
0.0211.3422.5633.8Mar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-25551.0977.05598.01114.55
Mar-24505.551.69155.0261.1
Mar-23235.0514.84120.4364.67

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-2510.6840.27%54.53%33.7739.48
Mar-248.00108.25%86.57%00
Mar-232.3102.40%38.78%00

Peer Comparison & Valuation

Financial Performance

Sterling & Wilson Renewable Energy Limited

NAV/Share (₹)42.59
RONW(%)8.78
EPS (Basic) (₹)3.49

Solarworld Energy Solutions Limited

NAV/Share (₹)41.69
RONW(%)40.27
EPS (Basic) (₹)10.68

KPI Green Energy Limited

NAV/Share (₹)133.57
RONW(%)18.77
EPS (Basic) (₹)16.23

Waaree Renewable Technologies Limited

NAV/Share (₹)43.64
RONW(%)65.29
EPS (Basic) (₹)22

Gensol Engineering Limited

NAV/Share (₹)NA
RONW(%)NA
EPS (Basic) (₹)NA

Oriana Power Limited

NAV/Share (₹)254.75
RONW(%)47.59
EPS (Basic) (₹)79.52

Valuation

Sterling & Wilson Renewable Energy Limited

P/E(X)76.48
CMP* (₹)266.9
Face value (₹)1

Solarworld Energy Solutions Limited

P/E(X)NA
CMP* (₹)NA
Face value (₹)5

KPI Green Energy Limited

P/E(X)30.57
CMP* (₹)491.95
Face value (₹)5

Waaree Renewable Technologies Limited

P/E(X)47.32
CMP* (₹)1038.6
Face value (₹)2

Gensol Engineering Limited

P/E(X)NA
CMP* (₹)35.79
Face value (₹)10

Oriana Power Limited

P/E(X)29.01
CMP* (₹)2307
Face value (₹)10

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Ltd (MUFG)

Allotment Finalized
Allotment Date
26 Sep 2025
Official Status
Out / Finalized
Registrar
Link Intime India Private Ltd (MUFG)
Listing Date
30 Sep 2025

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Ltd (MUFG)

Direct allotment verification on the official registrar portal appointed for Solarworld Energy Solutions. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Sep 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date30 Sep 2025Trading commences on exchange

How to Check Solarworld Energy Solutions Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Solarworld Energy Solutions from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Solarworld Energy Solutions IPO

Complete issue overview for Solarworld Energy Solutions (SOLARWORLD) IPO. The issue features an equity share price band of ₹333 – ₹351 per share with a minimum retail lot size of 42 Shares (minimum application amount of ₹14,742). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions