STERLING & WILSON SOLAR IPO

STERLING & WILSON SOLAR
Rs 775 to Rs 780
From to

About Company STERLING & WILSON SOLAR permalink

STERLING & WILSON SOLAR was established in 2011 . Currently, it is having head office in Mumbai-400 043. STERLING & WILSON SOLAR works in the sector of Sterling & Wilson Solar Limited (SWSL) is engaged in power solar sector. . STERLING & WILSON SOLAR has experience of 9 yrs .

Sterling & Wilson Solar Limited (SWSL) is engaged in providing solar engineering, procurement and construction (EPC) solutions to the end-users. Sterling & Wilson Solar Limited Company's 32 offices are in the foreign countries and 16 offices are in India. Statistical data are good for annual revenue and net profit. Thus, possibility to stand in market. But people's view are not satisfy.

Total annual revenue is Rs.8,240 Cr. on 31-3-2019. Total annual revenue is Rs.638 Cr. on 31-3-2019. The promoters of the Company are Shapoorji Pallonji and Company Pvt. Ltd and Khurshed Yazdi Daruvala.

  • Email : Email: ir@sterlingwilson.com
  • Website : https://sterlingandwilson.com/
  • Phone : +91 22 2548 5300

STERLING & WILSON SOLAR IPO Details permalink

STERLING & WILSON SOLAR IPO issue open date is 6th August 2019 and close date is 8th August 2019 . The face value for STERLING & WILSON SOLAR IPO is Rs 1 per equity share. The total IPO size is approx Rs 3125.00 crore.

The price band for STERLING & WILSON SOLAR is Rs 775 to Rs 780. The lot size for STERLING & WILSON SOLAR IPO is a minimum of 19 shares to maximum 247 shares. This IPO will be listed on BSE and NSE. STERLING & WILSON SOLAR IPO total equity is 40322580 shares.

STERLING & WILSON SOLAR IPO Date and Price Band permalink

STERLING & WILSON SOLAR IPO Date and Price Band
IPO Open:6th August 2019
IPO Close:8th August 2019
Price Band:Rs 775 to Rs 780
Face Value:Rs 1 per equity share
IPO Size:Rs 3125.00 crore
Listing on:BSE and NSE
Retail Portion:18.18%
Equity (Issue Size):40322580 Shares

STERLING & WILSON SOLAR IPO Market Lot and Investment Amount permalink

To invest in STERLING & WILSON SOLAR's initial public offering starting from 6th August 2019 you need to invest minimum Rs 14725, however you can also invest up to Rs 192660, considering the upper price of IPO Rs 780 and maximum allottable shares (247 shares). To apply for the maximum number of share you need to bid for 13 lots, one lot is having 19 shares.

STERLING & WILSON SOLAR IPO Market Lot and Investment Amount
Minimum Lot Size:19 shares (1 Lot)
Maximum Lot Size:247 shares (13 lots)
Minimum Investment:Rs 14725
Maximum Investment:Rs 191425

STERLING & WILSON SOLAR IPO Subscription Status permalink

STERLING & WILSON SOLAR IPO was subscribed only 0.85 Times i.e. Under subscribed times. Which is considered as a poor subscription compared to other IPOs. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 12096774 shares and received bids for 12338709 shares which is 1.02 times of total meant for QIB category.

STERLING & WILSON SOLAR's IPO was subscribed 9% on the first day.

Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 6048386 and bid for 5383064 shares received . Bid from NII for STERLING & WILSON SOLAR's IPO is 0.89 times of total meant for NII category.

Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 4032258 and bid for 1209677 shares received . Bid from RII for STERLING & WILSON SOLAR's IPO is 0.3 times of total meant for RII category.

The total number of shares offered were 22177419 and bid for 18850806 shares received .

STERLING & WILSON SOLAR IPO Subscription Status
Qualified Institutional Buyers (QIBs)
Shares Allotted:12096774 shares
Shares Bid Received:12338709 shares
Over Subscription in QIB:1.02 times
Non Institutional Investors (NIIs)
Shares Allotted:6048386 shares
Shares Bid Received:5383064 shares
Over Subscription in NII:0.89 times
Retail Individual Investors (RIIs)
Shares Allotted:4032258 shares
Shares Bid Received:1209677 shares
Over Subscription in RII:0.3 times
Total
Total Shares Allotted:22177419 shares
Total Shares Bid Received:18850806 shares
Over Subscription Total:0.85 Times i.e. Under subscribed times

STERLING & WILSON SOLAR IPO Allotment and Listing permalink

STERLING & WILSON SOLAR IPO got listed on . STERLING & WILSON SOLAR IPO listed with -10.26% Loss on NSE (SWSOLAR) at Rs 706 and BSE (542760) at Rs 700. The allotment ratio for the STERLING & WILSON SOLAR IPO remains at 61.

STERLING & WILSON SOLAR IPO Allotment and Listing
Listing Date:
Issue Price:Rs 780
BSE Listing Price:Rs 700
NSE Listing Price:Rs 706
Return (In Rupees):Rs -80
Return (In Percentage):-10.26%
Sector :Solar power sector
BSE Group :B
BSE Code:542760
NSE Code:SWSOLAR
ISIN :INE00M201021

STERLING & WILSON SOLAR IPO FAQ permalink

Frequently Asked Questions related to the STERLING & WILSON SOLAR IPO

When STERLING & WILSON SOLAR IPO is expected? permalink

STERLING & WILSON SOLAR IPO is not publised yet, it may be available in November 2020

What is STERLING & WILSON SOLAR IPO? permalink

STERLING & WILSON SOLAR initial public offering of 40322580 equity shares of the face value of Rs 1 aggregating up to ₹ 3125.00 Crores. STERLING & WILSON SOLAR IPO issue open date is 6th August 2019 and close date is 8th August 2019 .

When STERLING & WILSON SOLAR IPO will open and close? permalink

STERLING & WILSON SOLAR IPO issue open date is 6th August 2019 and close date is 8th August 2019 .

What is the lot size of STERLING & WILSON SOLAR IPO? permalink

The lot size for STERLING & WILSON SOLAR IPO is 19 shares.

What is the price band of STERLING & WILSON SOLAR IPO? permalink

The price band for STERLING & WILSON SOLAR is Rs 775 to Rs 780.

What is the minimum investment amount for STERLING & WILSON SOLAR IPO? permalink

The minimum investment amount for STERLING & WILSON SOLAR IPO is Rs 14725.

What is the STERLING & WILSON SOLAR IPO investors portion? permalink

For retail investors (RII) 18.18% is allotted for investment. For NII 27.27% and QIB 54.55% is allotted.

What is the STERLING & WILSON SOLAR IPO listing date? permalink

STERLING & WILSON SOLAR IPO listing date is 20th August 2020.

What is STERLING & WILSON SOLAR IPO subscription on the first day? permalink

STERLING & WILSON SOLAR IPO subscribed 9 % on the first day.

What is STERLING & WILSON SOLAR IPO subscription? permalink

STERLING & WILSON SOLAR IPO was subscribed only 0.85 Times i.e. Under subscribed times.

What is STERLING & WILSON SOLAR IPO listing date? permalink

STERLING & WILSON SOLAR IPO listing date is 20th August 2020.

What is STERLING & WILSON SOLAR IPO listing price? permalink

STERLING & WILSON SOLAR IPO listing price is 700.

What is STERLING & WILSON SOLAR IPO return? permalink

STERLING & WILSON SOLAR IPO listing price is 700 and issue price was Rs 780. Return from STERLING & WILSON SOLAR IPO is Rs -80 per equity share which is -10.26% .

What is BSE code for STERLING & WILSON SOLAR? permalink

STERLING & WILSON SOLAR BSE code is 542760.