Solarworld Energy Solutions IPO Subscription Status
Solarworld Energy Solutions IPO closed on 25 September 2025 with an overall subscription of 68.49x based on shares applied. QIB demand came in at 74.24x, NII at 68.23x, and retail at 51.81x.
Allotment will be finalised on 26 September 2025. The stock is scheduled to list on NSE and BSE on 30 September 2025.
Issue Price
Rs 351.00
GMP Today
Rs 40.00 (+11.40%)
Overall Subscription
68.49x
Issue Size
₹490.00 Cr
Allotment Date
26 Sept 2025
Listing Date
30 Sept 2025
Solarworld Energy Solutions IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 351.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 147.00 Cr | Rs 10,912.77 Cr | 74.24x |
| FII | - | Rs 2,930.64 Cr | - |
| DFI | - | Rs 5,792.39 Cr | - |
| Mutual Funds | - | Rs 37.78 Cr | - |
| Other | - | Rs 2,151.96 Cr | - |
| NII | Rs 73.50 Cr | Rs 5,014.55 Cr | 68.23x |
| bNII (above Rs 10L) | Rs 49.00 Cr | Rs 3,256.28 Cr | 66.45x |
| Corporate | - | Rs 55.40 Cr | - |
| Individual | - | Rs 3,047.20 Cr | - |
| Other | - | Rs 153.68 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 24.50 Cr | Rs 1,758.27 Cr | 71.77x |
| Corporate | - | Rs 5.93 Cr | - |
| Individual | - | Rs 1,674.49 Cr | - |
| Other | - | Rs 77.85 Cr | - |
| Retail | Rs 49.00 Cr | Rs 2,538.65 Cr | 51.81x |
| Cut-off price | - | Rs 2,078.37 Cr | - |
| Fixed price | - | Rs 460.28 Cr | - |
| Total | Rs 269.50 Cr | Rs 18,465.97 Cr | 68.52x |
Solarworld Energy Solutions IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 41,88,034 | 872 | 0.00x |
| FII | - | 32 | - |
| DFI | - | 45 | - |
| Mutual Funds | - | 24 | - |
| Other | - | 771 | - |
| NII | 3,561 | 1,15,197 | 32.35x |
| bNII (above Rs 10L) | 2,374 | 31,708 | 13.36x |
| Corporate | - | 270 | - |
| Individual | - | 29,910 | - |
| Other | - | 1,528 | - |
| sNII (Rs 2L to Rs 10L) | 1,187 | 83,489 | 70.34x |
| Corporate | - | 268 | - |
| Individual | - | 79,474 | - |
| Other | - | 3,747 | - |
| Retail | 33,238 | 15,35,380 | 46.19x |
| Cut-off price | - | 12,57,490 | - |
| Fixed price | - | 2,77,890 | - |
| Total | 42,24,833 | 16,51,449 | 0.39x |
What Do These Subscription Numbers Mean?
A subscription of 68.49x by shares means the IPO received bids for 68 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 74.24x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 74.24x, it reflects serious institutional conviction.
NII at 32.35x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 13.36x and sNII at 70.34x by applications. Share subscription was 68.23x. Allotment uses application count, not share volume.
At 46.19x subscription by applications, approximately 1 in 46 retail applicants can expect an allotment (~2% per application). Retail allotment is done by lottery when oversubscribed. Share subscription was 51.81x. Allotment uses application count, not share volume.
Solarworld Energy Solutions IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 46.19x.
- •Allotment odds: about 1 in 46 (~2% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •Share subscription was 51.81x. Allotment uses application count, not share volume.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 70.34x.
- •Allotment odds: about 1 in 70 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 71.77x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 13.36x.
- •Allotment odds: about 1 in 13 for a minimum-lot application (~7% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 66.45x. Allotment uses application count, not share volume.
Check the Solarworld Energy Solutions IPO Allotment Status page from 26 September 2025 for your allotment result.
Solarworld Energy Solutions IPO GMP After Subscription
GMP for Solarworld Energy Solutions IPO stands at Rs 40.00 today, giving an estimated listing price of Rs 391.00 per share.
A subscription of 68.49x combined with a GMP of 11.40% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Solarworld Energy Solutions IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Solarworld Energy Solutions IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Sept 2025 | 0.00x | 1.53x | 4.81x | 1.29x |
| Day 2 - 24 Sept 2025 | 0.02x | 5.83x | 14.37x | 4.21x |
| Day 3 - 25 Sept 2025 | 74.24x | 68.21x | 51.69x | 68.49x |
Solarworld Energy Solutions IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 September 2025 |
| IPO Close Date | 25 September 2025 |
| Allotment Date | 26 September 2025 |
| Refund Initiation | 27 September 2025 |
| Share Credit to Demat | 27 September 2025 |
| Listing Date | 30 September 2025 |
| Minimum Investment | Rs 14,742.00 |
| Lot Size | 42 shares |
About Solarworld Energy Solutions IPO
Solarworld Energy Solutions provides solar energy solutions, specializing in engineering, procurement, and construction (EPC) services for solar power projects. The company offers complete, cost-effective, and customized solutions for installing solar power systems for public sector undertakings (PSUs) as well as commercial and industrial (C&I) clients. It operates under two models: the CAPEX model, where customers own the solar project, and the RESCO model, where the company owns and operates the project and customers buy the electricity at a fixed tariff under a long-term power purchase agreement (PPA).
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Solarworld Energy Solutions IPO GMP Today
Live GMP, listing price estimate, and listing gain
Solarworld Energy Solutions IPO Allotment Status
Check allotment result on allotment date
Solarworld Energy Solutions IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
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Solarworld Energy Solutions IPO Subscription FAQs
What is Solarworld Energy Solutions IPO IPO subscription status today?
Solarworld Energy Solutions IPO IPO subscription closed on 25 September 2025 with overall subscription of 68.49x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 74.24x, NII 32.35x, Retail 46.19x.
What is the overall subscription of Solarworld Energy Solutions IPO IPO?
Solarworld Energy Solutions IPO IPO is subscribed 68.49x overall by shares at close on 25 September 2025. QIB 74.24x, NII 32.35x, and Retail 46.19x.
What is Solarworld Energy Solutions IPO IPO QIB subscription?
Solarworld Energy Solutions IPO IPO QIB (Qualified Institutional Buyers) subscription is 74.24x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Solarworld Energy Solutions IPO IPO Retail subscription?
Solarworld Energy Solutions IPO IPO Retail subscription is 46.19x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Solarworld Energy Solutions IPO IPO NII subscription?
Solarworld Energy Solutions IPO IPO NII (Non-Institutional Investors) subscription is 32.35x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Solarworld Energy Solutions IPO IPO for retail?
At 46.19x subscription by applications, approximately 1 in 46 retail applicants can expect an allotment (~2% per application). Allotment is done by lottery. Share subscription was 51.81x. Allotment uses application count, not share volume.
When is Solarworld Energy Solutions IPO IPO allotment date?
Solarworld Energy Solutions IPO IPO allotment date is 26 September 2025. Check Solarworld Energy Solutions IPO Allotment Status on IPOwiz from that day using your PAN.
When does Solarworld Energy Solutions IPO IPO subscription close?
Solarworld Energy Solutions IPO IPO subscription closed on 25 September 2025. No new applications are accepted after the close.
What is Solarworld Energy Solutions IPO IPO GMP today?
Solarworld Energy Solutions IPO IPO GMP is ₹40 today (+11.40% over issue price ₹351). See live GMP on the Solarworld Energy Solutions IPO GMP Today page.
What is Solarworld Energy Solutions IPO IPO issue price and lot size?
Solarworld Energy Solutions IPO IPO issue price is ₹351 per share. Lot size is 42 shares. Minimum investment is ₹14,742 per lot. Issue size: ₹490.00 Cr.
When is Solarworld Energy Solutions IPO IPO listing date?
Solarworld Energy Solutions IPO IPO listing date is 30 September 2025 on NSE and BSE. Allotment is on 26 September 2025.
How does subscription affect Solarworld Energy Solutions IPO IPO allotment?
Allotment odds in Solarworld Energy Solutions IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 32.35x by applications means roughly 1 in 32 for minimum-lot bids; bNII at 13.36x (~1 in 13). At 68.49x overall, competition is very high.
For allotment results from 26 September 2025, visit the Solarworld Energy Solutions IPO Allotment Status page. For listing day updates on 30 September 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.