Solarworld Energy Solutions IPO Day 1 Highlights: Issue booked 1.23x — GMP signals 18% listing pop. Time to apply?

Solarworld Energy Solutions IPO Day 1 Highlights: Solarworld Energy Solutions’ ₹490-crore initial public offering (IPO) has opened for bidding today, September 23. The mainboard IPO will conclude on Thursday, September 25. The price band has been fixed in the range of ₹333 to ₹351 per share.

The IPO is a combination of fresh issuance of equity shares worth ₹440 crore, and an offer-for-sale of shares valued ₹50 crore by promoter Pioneer Facor IT Infradevelopers.

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