Solarworld Energy Solutions IPO GMP Today: The initial public offering (IPO) of Solarworld Energy Solutions Ltd has been closed today, Thursday, September 25. The price has been fixed at Rs 333-351 per share. On the final day of bidding on Thursday, the Rs 490-crore IPO received a strong 68.49x subscription, garnering bids for 52,58,89,560 equity shares against 76,78,062 equity shares on offer.
The retail and NII participation stood at 51.69x and 68.21x, respectively. The QIB category was subscribed by 74.24x.
Solarworld Energy Solutions IPO GMP Today
According to market observers, unlisted shares of Solarworld Energy Solutions Ltd are currently trading at Rs 403 against the upper IPO price of Rs 351. It means a grey market premium or GMP of Rs 52, which is 14.81% over its issue price.