Solarworld Energy Solutions Limited shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Tuesday, September 23, 2025.
- Issue Opens: September 23, 2025
- Issue Closes: September 25, 2025
- Face Value: Rs 5 each
- Price Band: Rs 333 – 351 per share
- Lot Size: 42 Shares
- Listing: BSE NSE
The total offer size of Equity Shares aggregating up to ₹ 490 crore comprises of fresh issue aggregating up to ₹440 crore and Offer for Sale aggregating up to ₹ 50 crore by Selling Shareholders. The Company has previously undertaken a further issue of Equity Shares aggregating up to 1,100.00 million, through a Pre-IPO Placement, completed on November 9, 2024. The Price Band of the Offer has been fixed at₹ 333 to ₹ 351 per Equity Share. Bids can be made for a minimum of 42 Equity Shares and in multiples of 42 Equity Shares thereafter.
The Company proposes to utilise net proceeds from fresh issue of Equity Shares and Pre-IPO Proceeds towards Investment in Subsidiary, Kartik Solarworld Private Limited for part-financing the establishment of a 1.2 GW solar PV TopCon Cell manufacturing facility in Pandhurana, Madhya Pradesh, India and balance amount towards general corporate purposes.
The offer for sale comprises of sale of Equity shares aggregating up to ₹ 50 crore by Pioneer Facor IT Infradevelopers Private Limited. This Equity Shares are proposed to be listed on the BSE and the NSE.
More articles by the author
Main Board IPO Corner: SEDEMAC Mechatronics Limited
VMS TMT Reports Robust Growth
Indian Realty Update: Earnings, IPO Buzz, and Strategic Expansion
Globe Civil Projects Maintains Operational Stability in FY26
IPO Corner: Omnitech Engineering Ltd.
