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Solarworld Energy IPO

Renewables/Solar - Listed on 30 September 2025

+10.8% listing gain
Issue Price (Upper)
Rs 351
Listing Price
Rs 389
Closing Price (NSE)
Rs 323.25
Total Subscription
65.01x

Solarworld Energy IPO listing summary

Solarworld Energy (Renewables/Solar) closed its IPO window in 2025 and listed on NSE and BSE on 30 September 2025 at an upper band issue price of Rs 351, opening at Rs 389 for a listing gain of +10.8% and closing day one at Rs 323.25 (-7.9% on closing basis). The IPO was subscribed 65.01x overall - QIB 70.43x, HNI/NII 64.73x, Retail 49.15x. The total issue size was Rs 490 Cr (Fresh Issue Rs 440 Cr, OFS Rs 50 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+10.83%
Listing Gain (Close)
-7.91%
Day Change After Listing
-18.73%
Retail Quota
10.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB70.43x
HNI / NII64.73x
Retail49.15x
Overall65.01x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 11.23x
Day 24.00x
Day 3 (Final)65.01x

Solarworld Energy IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 33+9.40%
Day 2Rs 63+17.95%
Day 3Rs 65+18.52%
Day 4Rs 65+18.52%
Day 5Rs 58+16.52%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
9.4%-18.5%
IPOGyani AI Prediction
-
Actual Listing Gain
+10.8%

Issue & financials

Issue SizeRs 490 Cr
Fresh IssueRs 440 Cr
OFSRs 50 Cr
IPO PE39.48
Peer / Sector PE83.85
PE vs Sector Ratio1.27
Latest EBITDA (Cr)19.60
Debt / Equity0.37

Market context at listing

How the broader market moved around the Solarworld Energy IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.01%
Nifty 1W Return+0.01%
Nifty 1M Return+0.01%
Nifty during IPO window-0.01%

Solarworld Energy IPO - FAQs

What was the listing gain of Solarworld Energy IPO?

Solarworld Energy IPO listed at +10.8% versus the upper issue price of Rs 351 on 30 September 2025.

How many times was Solarworld Energy IPO subscribed?

Solarworld Energy IPO was subscribed 65.01x overall. QIB portion was subscribed 70.43x, HNI / NII 64.73x and Retail 49.15x.

What was the IPO GMP for Solarworld Energy?

IPO GMP started at Rs 33 on Day 1 and moved to Rs 58 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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