SolarWorld Energy Solutions Limited is a leading provider of solar energy solutions, specializing in the engineering, procurement, and construction (EPC) of solar power projects. Since its inception in 2013, the company has established a strong presence in the renewable energy sector, serving a diverse clientele of public sector undertakings (PSUs) and commercial and industrial (C&I) clients. As of July 31, 2025, SolarWorld boasts a significant portfolio, with completed projects totaling 253.67 MW AC and an impressive pipeline of ongoing projects with a capacity of 765 MW AC, alongside 325 MW/650 MWh in Battery Energy Storage Systems (BESS).

The company’s business model is built on flexibility, offering solutions through two primary frameworks: the CAPEX model, where customers own the solar assets after a turnkey installation, and the RESCO model, which provides a no-upfront-cost alternative for clients. This dual approach, combined with a focus on comprehensive operations and maintenance (O&M) services, ensures long-term customer partnerships. With a robust order book and a seasoned management team, SolarWorld Energy Solutions is well-positioned to capitalize on India’s growing solar market, which is expected to see significant capacity additions in the coming years.

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• Established Expertise: A proven track record and in-house capabilities for comprehensive solar EPC solutions ensure reliable project delivery.
• Robust Order Book: A strong order book, supported by national policies, provides clear visibility for sustained future growth.
• Asset-Light Financials: An asset-light business model drives robust financial performance and operational efficiency.
• Experienced Leadership: A seasoned management team and skilled personnel with deep industry experience guide strategic growth.

The Company SOLARWORLD ENERGY SOLUTIONS LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Investment in the Subsidiary, KSPL for part financing the establishment of the Pandhurana Project (₹ 30 Cr.)

General corporate purposes

At the upper band of IPO ₹ 351, the stock is valued at 39.48 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective