Solarworld Energy Solutions Ltd Logo

Solarworld Energy Solutions Ltd IPO

BSELot: 42

LISTEDMAINBOARD
Issue Price351
Listing388.5
Current222
Price Band
333 - ₹351
Lot Size
42
Issue Size
₹490 Cr
GMP
0
Subscription
1.29x

IPO Schedule

1
Open
23 Sept
2
Close
25 Sept
3
Allotment
26 Sept
4
Listing
30 Sept

About Solarworld Energy Solutions Ltd

Solarworld Energy Solutions Ltd is an integrated solar energy company focusing on providing comprehensive solar energy solutions, including design, engineering, procurement, construction (EPC), and operation & maintenance (O&M) services. They cater to a diverse clientele across residential, commercial, and industrial sectors, contributing to the growing adoption of renewable energy.

Subscription Status

QIB
0.00x
NII
1.53x
Retail
4.81x
CategoryDay 3Day 2Day 1
QIB74.24x0.02x0.00x
NII68.21x5.83x1.53x
Retail51.69x14.37x4.81x
Total68.49x4.21x1.29x

Risk Factors

Dependence on government policies and incentives related to solar energy.
Fluctuations in raw material prices, particularly silicon and other components.
Intense competition in the solar energy market from both domestic and international players.

Promoters & Management

The key members of the management team are Kartik Teltia, Rishabh Jain, Mukut Goyal and Varsha Bharti. Kartik Teltia, one of the Promoters and the Managing Director, has experience of a decade in the solar energy sector. Rishabh Jain, one of the Promoters and Whole-time Director, has over a decade of experience in managing the Company's affairs. Mukut Goyal is the Chief Financial Officer of the Company. Varsha Bharti is the Company Secretary and Compliance Officer of our Company. The management team brings extensive expertise across various sectors, including finance, compliance, business expansion, project management, and engineering. The management team is responsible for setting the strategic business direction and managing the business.