Solarworld Energy Solutions IPO allotment: Here’s how to check status online

The bookbuilding IPO valued at ₹490 crore saw an overall subscription rate of 65.01 times as the bid was conducted for over 52.6 crore shares, compared to the 80.93 lakh shares on offer. The mainboard IPO remained accessible for subscription for three days, from September 23 to September 25.

The retail portion of this IPO witnessed a booking of 49.15 times, the Non-Institutional Investors (NIIs) category noted a robust subscription by 64.73 times. The Qualified Institutional Buyers (QIBs) category, too, was subscribed significantly by 70.43 times during the period.

This IPO sale is a ‘Fresh Capital-cum-Offer for Sale’ type, comprising a fresh issue component of 1.25 crore shares, valued at ₹440 crore, along with an offer-for-sale (OFS) component of over 14.24 lakh shares valued at ₹5 each, aggregating up to ₹50 crore.

Together, the cumulative size of the entire offering stands at over 1.39 crore shares, amounting to approximately ₹490 crore.

The solar energy sector major plans to utilise ₹420 crore of the fresh issue proceeds (including pre-IPO funds) for establishing a 1.2 GW solar PV TopCon cell manufacturing facility in Pandhurana, Madhya Pradesh through Kartik Solarworld.

The remaining corpus generated from the fresh issue funds will be allocated for general corporate purposes, while the offer-for-sale proceeds will go to the selling shareholder, the company stated in its draft prospectus.

Investors who bid for the IPO shares can verify their allotment status online through BSE, NSE, or the official website of the issue registrar, MUFG Intime India Private Limited. Nuvama Wealth Management and SBI Capital Markets are the book-running lead managers for the IPO.

Steps to check Solarworld Energy Solutions IPO share allotment on BSE:

Visit the IPO allotment page on BSE website: https://www.bseindia.com/static/investors/application_statuschecksystem.aspx

Select 'Equity' as the issue type

Select Solarworld Energy Solutions Ltd. from the dropdown menu for issue names

Input your application number or PAN to proceed

Click on search to review your share allotment details

Steps to check Solarworld Energy Solutions IPO allotment on MUFG Intime India:

Visit the link: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Choose ‘Solarworld Energy Solutions Limited' from the list of companies

Opt for any one of the PAN, Application Number, DP/Client ID or Account Number/IFSC to review your allotment status

Enter the requested details

Click on 'Submit' to see allotment status

The company, Solarworld Energy Solutions Ltd., is expected to credit the shares to the Demat accounts of successful bidders on Monday, September 29, 2025. Additionally, the company will initiate refunds for non-allottees on the same date. The company's shares are planned for listing on the stock exchanges - NSE and BSE on Tuesday, September 30.

Solarworld Energy Solutions was incorporated in 2013, and operates in the solar energy sector, specialising in EPC services for solar power projects. The company provides end-to-end solutions to public sector undertakings (PSUs) and commercial and industrial (C&I) clients.

In a report published earlier today, CNBC-TV18 stated that VQ Fastercap Fund was the largest anchor investor of the solar energy sector company, acquiring 12.79 lakh shares worth ₹44.89 crore. Other notable investors included Pinebridge Global Funds, Singularity AMC, and Motilal Oswal AMC, each purchasing 7.09 lakh shares worth ₹24.89 crore.