Sterling & Wilson Solar Limited
06 Aug 2019 – 08 Aug 2019
—AWAITING
Offer Price
₹775–780
Bid lot
19
Min Application
₹14,820
Issue Size
₹3,125 Cr
Key dates
Open date
06 Aug 2019
Done
Close date
08 Aug 2019
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
—
TBA
Issue reservation
₹3,125 CrQIB 50%Retail 35%
QIB
2.00 Cr sh · ₹1562.50 Cr
Retail
1.40 Cr sh · ₹1093.75 Cr
BRLM: IndusInd Bank Limited · YES Securities (India) Limited
Lot ladder — how much to bid
1 lot = 19 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
19 sh · ₹14,820
Max · 13 lots
247 sh · ₹1,92,660
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
266 sh · ₹2,07,480
Max · 67 lots
1,273 sh · ₹9,92,940
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
1,292 sh · ₹10,07,760
Entry point
₹10,07,760 onward
Issue details
Lead managersIndusInd Bank Limited, YES Securities (India) Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
0.72×
0×1×2×3×+
In progress
Book₹2,656 Cr
Subscribed₹1,922 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 2,00,32,052₹1,563 Cr | 2,04,32,693₹1,594 Cr | 1.02× |
| HNI | 60,09,615₹468.75 Cr | 53,48,558₹417.19 Cr | 0.89× |
| Retail | 1,40,22,436₹1,094 Cr | 42,06,731₹328.13 Cr | 0.30× |
| Total | 3,40,54,488₹2,656 Cr | 2,46,39,424₹1,922 Cr | 0.72× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 1,593.75 |
| HNI | 417.19 |
| Retail | 328.13 |
| Total | 1,921.88 |
Amounts at the upper band (₹780). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Sterling & Wilson Solar Limited IPO?
One lot of 19 shares — ₹14,820 at the upper price band of ₹780.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on the listing date on NSE.