Solarworld Energy Solutions IPO: The initial public offering (IPO) of Solarworld Energy Solutions Ltd closed its third day of bidding today, September 25, with the issue subscribed over 65.01 times, as per provisional exchange data. The solar energy solutions provider aims to raise Rs 490 crore through a fresh issue of Rs 440 crore and an Offer for Sale (OFS) of Rs 50 crore.

Solarworld Energy Solutions IPO subscription status:

Investors bid for 52.60 crore shares against the total of 80.93 lakh shares on offer. Out of which, Non-Institutional Investors (NIIs) bid 64.73 times, and Retail Individual Investors (RIIs) bid 49.15 times, while the Qualified Institutional Buyers (QIBs) portion bid 70.43 times in today's session.

In simpler terms, QIBs bid for 31.09 crore shares against the 44.

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