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Gaurav Narendra Puri

30th Sep · SEBI-Registered Analyst

Solarworld Energy Solutions shares list with a 11% premium in comparison to its issue price

SOLARINDS
On Tuesday, September 30, Solarworld Energy Solutions Ltd. and three other companies debuted on the stock exchange. Compared to its issue price, the shares listed at a premium. When compared to its issue price of ₹351 per share, the stock started trading at ₹389 per share, an 11% increase. Subscriptions for the ₹490 crore IPO were accepted from September 23 to September 25. At the upper end of the price range, between ₹333 and ₹351 per share, shares were sold. Pioneer Facor IT Infradevelopers, the issue's promoter, has made an offer for sale (OFS) of ₹50 crore and a new issuance of ₹440 crore.

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