Solarworld Energy IPO is launching a ₹490 crore IPO to fuel its growth in India’s renewable energy sector. The IPO opens for subscription from 23 September 2025 to 25 September 2025, with anchor investor bidding on 22 September 2025. It’s composed of a fresh issue of ₹440 crore plus an offer for sale of ₹50 crore by promoter Pioneer Facor IT Infradevelopers. The price band has been fixed between ₹333 and ₹351 per equity share (face value ₹5). Retail investors can apply in lots of 42 shares, which means a minimum investment of about ₹14,742 at the upper price band.

The allocation is divided among Qualified Institutional Buyers (QIBs) (75%), Non-Institutional Investors (NIIs) (15%), and Retail Individual Investors (RIIs) (10%). Solarworld’s plans include investing in its subsidiary, Kartik Solarworld Private Limited, partly to build a 1.2 GW solar PV TopCon cell manufacturing facility in Pandhurna, Madhya Pradesh, with the rest of the IPO proceeds earmarked for general corporate purposes. As of the latest data, the company had completed solar projects with capacities of 253.67 MW AC / 336.17 MW DC, with further projects ongoing. Its order book has also grown, reflecting solid demand pipeline.

The listing on both NSE and BSE is expected around 30 September 2025, with the basis of allotment around 26 September. The IPO GMP is being watched closely by market participants and early sentiment suggests a positive grey-market premium, which could indicate expectations of listing gains and strong demand. Solarworld Energy Solutions IPO thus presents a compelling opportunity for investors looking to tap into India’s solar energy expansion.