Mumbai, Sept. 23 -- The initial public offer of Solarworld Energy Solutions received bids for 99,18,048 shares as against 80,93,092 shares on offer, according to stock exchange data at 17:00 IST on Tuesday (23 September 2025). The issue was subscribed 1.23 times.

The issue opened for bidding on 23 September 2025 and it will close on 25 September 2025. The price band of the IPO is fixed between Rs 333 and 351 per share. An investor can bid for a minimum of 42 equity shares and in multiples thereof.

The issue comprises a fresh issue of equity shares aggregating to Rs 440 crore and an offer for sale (OFS) of equity shares aggregating to Rs 50 crore by Pioneer Facor IT Infra developers.

Of the net proceeds from the fresh issue, Rs 420 cror...