If you have placed a bid for the Solarworld Energy Solutions IPO, which opened on September 23 and closed on September 25, your wait is nearly over. The allotment of shares is expected to be finalised today, September 26, while the listing is scheduled for September 30.

The price band for the IPO was set at Rs 333 to Rs 351 per share.

Here’s a quick and easy guide to check your IPO allotment status online.

How to check IPO allotment status

Via BSE Website

  • Go to the BSE IPO allotment status page.
  • Select ‘Equity’ as the issue type.
  • From the dropdown, choose ‘Solarworld Energy Solutions’.
  • Enter your application number or PAComplete the captcha by ticking ‘I’m not a robot’ and click on Search.
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Via NSE Website

  • Visit the NSE IPO application tracking page.
  • Then, click on ‘Equity and SME IPO Bid Details’.
  • Select ‘Solarworld Energy Solutions’ from the list.Provide the details such as your application number and PAN.
  • Submit to view your allotment status.

Via the Registrar’s Website

  • Go to the official site of the registrar MUFG Intime.
  • Select ‘Solarworld Energy Solutions’ from the dropdown.
  • Choose any of the following: PAN, Application Number, DP ID/Client ID, or Bank Account Number.
  • Fill in the necessary details and press Search to check your status.

Subscription snapshot

The Solarworld Energy Solutions IPO by the end of the bidding window, the overall subscription stood at 68.49 times.

  • Qualified Institutional Buyers (QIBs): 74.24 times
  • Non-Institutional Investors (NIIs): 68.21 times
  • Retail Investors: 51.69 times

Grey Market

The grey market premium (GMP) for Solarworld Energy Solutions IPO is currently around Rs 52, suggesting a likely listing price of Rs 403. This translates to a potential gain of around 15% from the upper end of the price band. However, GMP is unofficial and may not always reflect actual listing performance.

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IPO details

The public issue of Solarworld Energy Solutions IPO was open for subscription from September 23 to September 25, with the company aiming to raise Rs 490 crore through the initial public offering. The price band for the issue was fixed between Rs 333 and Rs 351 per share.

The issue is being managed by Nuvama Wealth Management, while MUFG Intime is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on BSE, NSE on September 30.