Solarworld Energy shares listed at a decent premium over its IPO price on the stock exchanges on September 30, following a healthy subscription of 65 times to its Rs 490-crore issue in the primary market between September 23-25.
Shares of Solarworld Energy Solutions Ltd. listed at Rs 388.50 per share on the NSE, a healthy premium of 10.68 percent. The issue had a price band of Rs 333-351 per share.
On the BSE, the shares were listed at Rs 389 per share, a premium of 10.83 percent. The company's market capitalization post listing of shares stood at Rs 3,371.57-crore.
Solarworld Energy Solutions IPO share listing was almost at par with the expectations in the grey market, which had expected a 11 percent listing gain.
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Earlier, the company garnered Rs 220.5 crore from