Founded in 2013 and headquartered in Noida, India, Solarworld Energy Solutions Limited specializes in providing comprehensive solar energy solutions. The company offers end-to-end services, including Engineering, Procurement, and Construction (EPC) for solar power projects. With over 500 MW of operational capacity and an additional 700 MW under development, Solarworld aims to achieve a total capacity of 5 GW by 2028.
In May 2024, Solarworld entered into an equity cooperation agreement with ZNSHINE PV-Tech Co. Ltd., a Bloomberg NEF tier-1 solar panel supplier, to establish a solar panel manufacturing plant .
📊 IPO Details-Solarworld Energy Solutions
- Issue Size: Up to ₹490 crore
- Price Band: ₹333 – ₹351 per share
- Face Value: ₹5 per share
- Total Shares Offered: 13,960,113
- Retail Lot Size: 42 shares (₹14,742 minimum investment)
- Listing Date: September 30, 2025
- Listing Exchanges: BSE and NSE
📅 IPO Timeline-Solarworld Energy Solutions
- Issue Open Date: September 23, 2025
- Issue Close Date: September 25, 2025
- UPI Mandate Deadline: September 25, 2025 (5 PM)
- Allotment Finalization: September 26, 2025
- Refund Initiation: September 29, 2025
- Share Credit: September 29, 2025
- Listing Date: September 30, 2025
📈 Financial Snapshot (FY 2025)-Solarworld Energy Solutions
- Revenue: ₹551.09 crore
- Net Profit: ₹77.05 crore
- EBITDA: ₹113.07 crore
- Adjusted EBITDA: ₹0.00 crore
- Total Assets: ₹598.02 crore
- Total Liabilities: ₹598.02 crore
🧾 Financial Performance (Past 3 Years)
| Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | EBITDA (₹ Cr) |
|---|---|---|---|
| 2025 | 551.09 | 77.05 | 113.07 |
| 2024 | 505.50 | 51.69 | 75.58 |
| 2023 | 235.05 | 14.84 | 25.47 |
📌 Key Shareholding Information-Solarworld Energy Solutions
- Promoter Shareholding Pre-Offer: 97.44%
- Promoter Shareholding Post-Offer: To be updated upon finalization of the Offer Price
- Selling Shareholder: Pioneer Facor IT Infradevelopers Private Limited
- Offer for Sale Amount: Up to ₹500 million
- Weighted Average Cost of Acquisition: ₹10.20 per share
🧩 Business Models-Solarworld Energy Solutions
- CAPEX Model: Turnkey solar project solutions where the customer retains ownership.
- RESCO Model: Customers can adopt solar power with no initial investment, reducing their carbon footprint with minimal financial pressure IPO Ji.
🔍 SWOT Analysis
Strengths:
- Established track record with over 500 MW of operational capacity.
- Strategic partnership with ZNSHINE PV-Tech for solar panel manufacturing.
- Strong financial performance with consistent revenue growth.
Weaknesses:
- Dependence on the Indian market for revenue generation.
- Exposure to fluctuations in raw material prices.
Opportunities:
- Expansion into international markets.
- Government incentives for renewable energy projects.
Threats:
- Intense competition in the solar energy sector.
- Regulatory changes affecting the renewable energy industry.
🧭 Peer Comparison
| Company Name | Revenue (₹ Cr) | Net Profit (₹ Cr) | Market Cap (₹ Cr) |
|---|---|---|---|
| Solarworld Energy Solutions Ltd | 551.09 | 77.05 | To be updated |
| Peer Company 1 | [Data] | [Data] | [Data] |
| Peer Company 2 | [Data] | [Data] | [Data] |
📈 GMP & Listing Expectations
- Grey Market Premium (GMP): To be updated closer to the listing date.
- Listing Gains: Subject to market conditions and investor sentiment.
📝 How to Apply
- Demat Account: Ensure you have an active Demat account.
- UPI ID: Link your UPI ID for seamless payment.
- Application: Apply through your broker or the official BSE/NSE platforms.
- Mandate: Approve the UPI mandate before the deadline.
❓ FAQs
Q1: What is the IPO price band for Solarworld Energy Solutions Ltd?
- A1: ₹333 – ₹351 per share.
Q2: When does the IPO open and close?
- A2: Opens on September 23, 2025, and closes on September 25, 2025.
Q3: What is the minimum investment required?
- A3: ₹14,742 for a minimum of 42 shares.
Q4: When will the shares be listed?
- A4: Shares are expected to be listed on September 30, 2025.
Q5: How can I apply for the IPO?
- A5: Applications can be made through your broker or the official BSE/NSE platforms using your Demat account and UPI ID.