Solarworld Energy Solutions Ltd. has announced public offering of 13960113 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 346.00 per share. The gross proceeds of the issue are expected to be Rs 49,000.00 lakhs.

The company's initial public offer (IPO) will open on 23 September 2025 and is expected to close on 25 September 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 333.00-351.00 per share.

The IPO includes a fresh Issue of 13960113 Equity Shares of the Company at an price of Rs 351.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 42 shares with bids in multiples of 42.

Solarworld Energy Solutions Ltd. anticipates using the proceeds of the issue for Investment in the Subsidiary, Kartik Solarworld Private Limited (“KSPL) for partfinancing the establishment of a GW solar PV TopCon Cell manufacturing facility in Pandhurana, Madhya Pradesh, India (the “Pandhurana Project), General corporate purposes.

SBI Capital Markets Ltd.,Nuvama Wealth Management Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.