Sterling & Wilson Solar IPO
Sterling & Wilson Solar Limited (SWSL) · mainboard IPO on NSE and BSE · 100% Book Building. NSE has no listing record for this issue: it may have listed on BSE only, or been withdrawn.
No NSE listing data
Subscribed 0.85x
Issue details
Price band
₹775–780
Issue price
₹780
Lot size
19 shares
Min. retail bid
₹14,820
Max. retail bid
13 lots (₹1,92,660)
Issue size
₹3,145 Cr
Face value
₹1
Bidding
06 Aug – 08 Aug 2019
Listing
—
Retail quota
10% (75% QIB issue)
Registrar
Link Intime India Private Limited
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 1,20,96,774 | 1,23,32,273 | 1.02x | |
| NII (HNI) total | 60,48,387 | 54,06,697 | 0.89x | |
| Retail | 40,32,258 | 11,93,865 | 0.30x | |
| Total | 2,21,77,419 | 1,89,32,835 | 0.85x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Sterling & Wilson Solar's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Bharat DynamicsMar 2018 | 1.50x | 0.50x | 1.41x | 1.30x | ₹1,667 Cr | -13.6% | -5.9% |
| Hindustan AeronauticsMar 2018 | 1.73x | 0.03x | 0.39x | 0.99x | ₹7,191 Cr | -5.2% | -2.5% |
| Aavas FinanciersSep 2018 | 2.77x | 0.26x | 0.25x | 0.97x | ₹1,734 Cr | -8.7% | -4.1% |
| Aster DM HealthcareFeb 2018 | 2.10x | 0.55x | 1.18x | 1.31x | ₹1,010 Cr | -3.7% | -1.1% |
| Infibeam IncorporationMar 2016 | 0.86x | 2.23x | 1.31x | 1.11x | ₹1,148 Cr | +4.9% | +8.1% |
| Garden Reach Shipbuilders & EngineersOct 2018 | 1.81x | 0.31x | 0.24x | 1.02x | ₹598 Cr | -13.1% | -7.6% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| IndusInd Bank | — | — | — |
| YES Securities (India) | 6 | +28.6% | 83% |
Offer documents (NSE)
Frequently asked
What is the Sterling & Wilson Solar IPO price band and lot size? ₹775–780 per share, with a lot of 19 shares, so the smallest retail bid is ₹14,820.
How many times has it been subscribed? 0.85x overall: QIB 1.02x, NII 0.89x, retail 0.30x.
Other IPOs of 2019
Prince Pipes and FittingsUjjivan Small Finance BankCSB BankVishwaraj Sugar IndustriesIndian Railway Catering and Tourism CorporationAffle IndiaIndiaMART InterMESHNeogen Chemicals
All 2019 IPOs →
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
