What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Solarworld Energy Solutions Limited IPO?

Based on the upper price band of ₹351 and current GMP of ₹37, the estimated listing price is ₹388 (approx. 10.5% gain).

What is the expected profit per lot for Solarworld Energy Solutions Limited IPO?

With a lot size of 42 shares and current GMP of ₹37, expected profit per retail application lot is approximately ₹1,554.

IPO GreyPremiumLIVE

Grey Market Intelligence

Solarworld Energy Solutions Limited

ListedMainboard

Energy · NSE / BSE

SolarWorld Energy Solutions Limited, incorporated in 2013, provides solar energy solutions with a focus on engineering, procurement, and construction (EPC) services for solar power projects. It operates through two models: the CAPEX model, where customers own the project and the company handles design, installation, and commissioning, and the RESCO model, which allows businesses to adopt solar power without upfront investment, helping them cut costs and reduce carbon footprints. In May 2024, the company partnered with ZNSHINE PV-Tech Co. Ltd., a Bloomberg NEF tier-1 solar panel supplier from China, to set up a solar panel manufacturing facility. Its clients include SJVN Green Energy, Haldiram Snacks, Ethnic Food Manufacturing, and Samiksha Solarworld. As of July 31, 2025, the company employed 277 people.

Price Band

₹333 – ₹351

Issue Size

₹490 Cr

Lot Size

42 shares

GMP

₹37

+10.5%

Est. Listing

₹388

at current GMP

Subscribed

61.34x

overall

Open

23 Sep 2025

25 Sep 2025

Allotment

26 Sep 2025

Refund

27 Sep 2025

Demat Credit

28 Sep 2025

Listing

30 Sep 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Solarworld Energy Solutions Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹37+10.5%

Issue Price (Upper)

₹351

Band: ₹333 – ₹351

Estimated Listing Price

₹388

Upper price + GMP

Lot Size

42 shares

Min investment ₹14,742

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹37	10.5%	₹388
30 Oct 2026	+₹37	10.5%	₹388
29 Oct 2026	+₹33	9.5%	₹384

About Solarworld Energy Solutions Limited Public Issue & Market Profile

Solarworld Energy Solutions Limited is bringing an initial public offering (IPO) in the Energy sector with an aggregate issue size of ₹490 Crores. The shares are offered at a price band of ₹333 to ₹351 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2025-09-25, the basis of allotment is scheduled to be finalized on 2025-09-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd (MUFG)) or the BSE allotment checking window.

Frequently Asked Questions

What is Solarworld Energy Solutions Limited IPO GMP today?

The latest grey market premium for Solarworld Energy Solutions Limited IPO is ₹37, which indicates an expected listing price of ₹388.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.