Solarworld Energy Solutions Ltd |
|
Initial public offering of up to [*] equity shares of face value of Rs. 5 each (equity shares) of Solarworld Energy Solution Limited (the company or the issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. 490.00 crores (offer). The offer comprises of a fresh issue of up to [*] equity shares aggregating up to Rs. 440.00 crores (the fresh issue) and an offer for sale of up to [*] equity shares aggregating up to Rs. 50.00 crores by pioneer facor it infradevelopers private limited (the offer for sale). The offer will constitute [*]% of the post-offer paid-up equity share capital.
Price Band: Rs. 333/- to Rs. 351/- for equity share of face value of Rs. 5 each.
The floor price is 66.60 times times the face value and cap price is 70.20 times of the face value of the equity shares.
Bids can made for a minimum of 42 equity shares and in multiples of 42 equity shares thereafter. |
Issue |
Money Payable On |
Opens On |
Closes On |
Offer Price |
Application |
23-Sep-25 |
25-Sep-25 |
₹ 333.00-351.00 |
₹ 333.00-351.00 |
Minimum Application for shares in Nos :42 Further Multiples of :42 |
|
|
Lead Managers to the Issue |
Project Cost |
₹ 0.00 Cr |
Nuvama Wealth Management Ltd | SBI Capital Markets Ltd |
|
Project Financed through Current Offer |
₹ 490.00 Cr |
|
Post Issue Equity Share Capital |
₹ 43.34 Cr |
|
Face Value |
₹ 5 |
|
|