Solarworld Energy Solutions IPO is a book-built public issue of ₹490 crore, opening for subscription from September 23 to September 25, 2025. The company specializes in engineering, procurement, and construction (EPC) services for solar power projects and manufactures solar modules with an annual capacity of 1.8 GW. With rising government focus on renewable energy and increasing solar power installations, the Solarworld Energy Solutions IPO offers investors an opportunity to participate in India’s growing clean energy market, supported by a robust business model and expanding project portfolio.
₹40
₹351
₹388.50
Expert Opinions
Market sentiment for Solarworld Energy Solutions IPO is positive, supported by the strong growth trajectory of the renewable energy sector in India and favorable government policies promoting solar adoption. The company’s strengths include a robust EPC business model, a growing manufacturing footprint with backward integration into solar panel production, and a strong order book. Risks involve customer concentration, geographic dependency, and execution risks linked to new manufacturing ventures.
Valuation analysis of financial year 2025 for Solarworld Energy Solutions IPO highlights a healthy Return on Equity (ROE) of 40.27%, an impressive Return on Capital Employed (ROCE) of 54.53%, and a Net Asset Value (NAV) of ₹41.69, reflecting operational efficiency and strong profitability. The IPO is attractive for long-term investors seeking exposure to a high-growth renewable energy company positioned for sustained expansion.
Investor Considerations
Solarworld Energy Solutions IPO has demonstrated strong performance with revenue reaching ₹551 crore in FY 2025, reflecting steady growth and operational efficiency. The sector outlook remains highly positive due to India’s ambitious renewable energy targets and supportive government policies promoting solar adoption. The Solarworld Energy Solutions IPO valuation for financial year 2025 highlights a Return on Net Worth (RoNW) of 40.27%, a PAT margin of 14.14%, and a low Debt to Equity ratio of 0.37, indicating robust profitability and financial stability.
Growth prospects include expansion into solar module manufacturing and diversification into battery energy storage systems, supported by an increasing order book. Risks involve customer concentration and execution challenges associated with scaling manufacturing. The IPO appeals to both long-term investors targeting sustainable sector growth and cautious short-term investors.
| Date | GMP | Trend |
|---|---|---|
| 29 Sep 2025 19.44 | ₹40 | Down |
| 28 Sep 2025 19.20 | ₹45 | --- |
| 27 Sep 2025 17.14 | ₹45 | --- |
| 26 Sep 2025 16.44 | ₹45 | Down |
| 25 Sep 2025 16.30 | ₹55 | --- |
| 24 Sep 2025 20.58 | ₹55 | Down |
| 23 Sep 2025 10.41 | ₹65 | Down |
| 22 Sep 2025 12.03 | ₹70 | --- |
| 21 Sep 2025 19.19 | ₹70 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting Solarworld Energy Solutions IPO’s listing performance. With a final GMP of ₹40, it projected a premium of 11.40% over the issue price of ₹351. The stock listed at ₹388.50, delivering a gain of 10.71%. This resulted in a small prediction error of 0.69%, where the GMP correctly signaled a positive listing and closely aligned with the actual gain, reflecting strong reliability in this case.
Solarworld Energy Solutions IPO Current GMP is ₹40.
Solarworld Energy Solutions IPO Expected Returns is 11.40%.
Solarworld Energy Solutions IPO estimated listing price is ₹391.