
Solarworld Energy Solutions Ltd IPO
BSELot: 42Power Infrastructure
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
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 74.24x | 0.02x | 0.00x |
| NII | 68.21x | 5.83x | 1.53x |
| Retail | 51.69x | 14.37x | 4.81x |
| Total | 68.49x | 4.21x | 1.29x |
Risk Factors
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.