Solarworld Energy Solutions IPO Details

Introduction

Solarworld Energy Solutions Ltd., launched in 2013, has quietly become one of India’s most capable solar EPC players, balancing innovation with hands-on engineering. With a 253 MW AC legacy and almost 1 GW in progress, it’s not just installations—the company’s game is building lasting partnerships with PSUs and industry giants. The IPO scheduled for September 23–25, 2025 brings this growth story into sharp focus, promising retail and institutional applicants a front-row seat in India’s green energy push.

Business and IPO Essentials

• Key lines of business: Full-range EPC (engineering, procurement, commissioning) for solar plants, robust O&M service, and forward-thinking battery storage (BESS) solutions.
• Models: The CAPEX approach lets clients own their assets; under RESCO, Solarworld owns and runs installations, selling energy directly.
• Portfolio: As of July 2025, completed projects total 253.67 MW AC, while current assignments are building out another 765 MW AC, and storage work is ramping up.
• Big numbers: Order book rocketed from ₹5,350 million in 2023 to over ₹25,000 million in 2025, with government orders ranking ₹39,816 million.

IPO schedule:

• Bidding: September 23–25, 2025
• Allotment: September 26, 2025
• Listing: September 30, 2025
• Price band: ₹333–₹351/share
• Lot size: 42 shares (₹14,742 minimum application)
• Maximum retail: 13 lots (546 shares, ₹1,91,646).

Company Financials

Solarworld Energy Solutions Ltd.'s revenue increased by 9% and profit after tax (PAT) rose by 49% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	598.02	155.02	120.43
Total Income	551.09	505.50	235.05
Profit After Tax	77.05	51.69	14.84
EBITDA	106.75	71.09	22.88
NET Worth	309.07	73.60	21.91
Reserves and Surplus	272.00	73.28	21.59
Total Borrowing	114.55	61.10	64.67
Amount in ₹ Crore

Objects of the Issue :-

The Company Solarworld Energy Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No.	Objects of the Issue	Expected Amount (₹ in crores)
1	Investment in the Subsidiary, KSPL for partfinancing the establishment of the Pandhurana Project	575.30
2	General corporate purposes

Market Position & Outlook

With proven execution, a nimble team, and expanding battery storage ambitions, Solarworld edges out competitors by blending technical depth with customer centricity. Its model gives public sector and heavy industry clients room to grow green with confidence. However, regional overexposure (especially to UP), reliance on tender business, and cost overrun risks remain watchpoints.

How To Apply for the Online?

• Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials. 
• Locate the IPO Section: Navigate to the 'IPO' section on the platform. 
• Select IPO: Find and select the IPO from the list of open IPOs. 
• Enter the Lot Size: Specify the number of lots you want to bid for. 
• Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application. 
• Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

How To Check the Allotment Status of IPO?

Steps to check IPO allotment status on JM Pro app: 

• Log in to the JM Pro app. 
• Go to the IPO Section and then to IPO Orders. 
• Select the individual IPO that you had applied for and check the allotment status. 
• JM Financial Services will notify you of your IPO allotment status via push notification and email. 

Final Thought:
Solarworld Energy Solutions is a story of steady execution, hungry ambition, and India’s broader green energy drive. For applicants, it blends hard numbers with the social impact of sustainable infrastructure—making this IPO a unique opportunity to invest in tomorrow’s energy.

FAQs :-

Q: When can I apply for Solarworld’s IPO?
From September 23 to September 25, 2025.

Q: How much is a lot and minimum retail investment?
A lot is 42 shares; minimum retail application is ₹14,742.

Q: What distinguishes Solarworld from other solar EPC firms?
End-to-end execution capability, deep PSU relationships, and a strong order pipeline for both solar and battery projects.

Q: How is the company’s financial performance?
Revenue and PAT have grown over 50% and 128% respectively from 2023 to 2025, with the order book multiplying nearly fivefold.

Q: What are the biggest risks?
Order book concentration, fixed-amount contract uncertainties, and legacy cash flow gaps.

Q: How do I check IPO allotment?
Post subscription, login to your broker app or the registrar’s portal to see status updates; notifications arrive via SMS and email if successful.