Exchanges
BSE, NSE
Industry
Civil Construction
Issue
Book building

Sterling & Wilson Solar IPO

₹726.20

−6.90% on listing

Listing-day close · NSE · 20 Aug 2019 · issue price ₹780

Sterling & Wilson Solar’s ₹2,850 crore IPO was priced at ₹780 a share. It listed on the NSE on 20 Aug 2019 and closed its first day at ₹726.20, down 6.90% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹2,850 Cr
Fresh issue
—
Offer for sale
₹2,850 Cr
Lot size
19 shares
Minimum investment
₹14,820
Face value
₹1
Registrar
MUFG Intime India

Subscription

Sterling & Wilson Solar IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—0.99×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹12,508 Cr
Promoter holding
100.00% → 76.97%

From the offer documents.

Listing

Listing date
20 Aug 2019
Issue price
₹780
Open
₹706.00
High
₹753.45
Low
₹690.10
Close
₹726.20

Listing day on the NSE. The close was −6.90% on the issue price.

SWSOLAR share price today

FAQs

When did the Sterling & Wilson Solar IPO open and close?

It opened on 6 Aug 2019 and closed on 8 Aug 2019.

What was the Sterling & Wilson Solar IPO price?

The price band was ₹775–780 a share. The final issue price was ₹780.

What is the lot size and minimum investment?

One lot is 19 shares, ₹14,820 at ₹780 a share. Retail investors apply in whole lots.

How much did Sterling & Wilson Solar raise?

₹2,850 crore: ₹2,850 crore offered by existing shareholders.

How many times was the Sterling & Wilson Solar IPO subscribed?

0.99 times overall.

How did Sterling & Wilson Solar list?

It listed on the NSE on 20 Aug 2019 at ₹706.00 and closed the day at ₹726.20, down 6.90% on the ₹780 issue price.

Who is the registrar of the Sterling & Wilson Solar IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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