Tuesday, April 16, 2019

Sterling and Wilson Solar IPO Dates, Review, Price Band & Market Lot Details

Sterling and Wilson Solar ipo to hit the market on 06-August and closes on 08-August. Its Shapoorji Pallonji Group’s solar engineering, procurement, and construction (EPC) business company. The company promoters to sell ₹4500 crore worth shares in IPO. The Shapoorji Pallonji and Company holds 65.77% stake in the company. The Mistry and Daruvala families have been partners in Sterling and Wilson for 3 generations. The company shown a superb growth in last 5 years. They had 1760 crore turnover in 2012 which crossed over 10000 crore in March 2018. The company operates in India, Middle East, Africa, Australia, Europe, the USA, and South America. They provide DG sets, Gas based power plants, Waste to Energy, Turnkey data centers, Transmission & Distribution and Solar EPC. With its recent foray into Wind and Energy Storage, Sterling and Wilson is perfectly poised to play a pivotal role in the global trend of moving away from thermal plants to a future of renewable energy with storage. Checkout for Sterling and Wilson Solar ipo dates, price band and market lot details.

Sterling and Wilson Solar IPO Review:
  • Apply for Long Term Gain
Brokerage Firm IPO Reviews:
  • Sharekhan Limited : None
  • Motilal Oswal : Subscribe for Long Term
  • Angel Broking : None
  • Centrum Wealth Management : Subscribe for Long Term
  • Choice Equity Broking Pvt Ltd : Subscribe
  • Axis Capital : None
  • Canara Bank : Subscribe for Long Term
  • HDFC Securities Limited : None
  • ICICI Direct : None
  • Religare Broking Limited : None
  • Capital Market : Avoid, however active risk seekers can try
  • Ventura Securities Limited : None

Sterling and Wilson Solar IPO Dates & Price Band: (Tentative)
 IPO Open:  06-Aug-2019
 IPO Close:  08-Aug-2019
 IPO Size:  Approx 3125 Crore (Approx)
 Face Value:  ₹1 Per Equity Share
 Price Band:  ₹775-780 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  10%
 Equity:  - Shares

Sterling and Wilson Solar IPO Market Lot:

  • Shares: Apply for 19 Shares (Minimum Lot Size)
  • Amount: ₹14,820
Sterling and Wilson Solar IPO Allotment & Listing:
  • Basis of Allotment: 14-August-2019
  • Refunds: 16-August-2019
  • Credit to demat accounts: 19-August-2019
  • Listing: 20-August-2019
Read Also
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date

Sterling and Wilson Solar Financial:
  ₹ in Crore
Revenue Expense PAT
2015 - - -
2016 2747 2551 125.4
2017 1650 1585 31.4
2018 6884 6334 450.5
2019 8450 7598 638.2
Company Promoters:
  • Adding Soon
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Sterling and Wilson Solar IPO Registrar:
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Note: Check Sterling and Wilson Solar ipo allotment status on - website allotment url. Click Here

Sterling and Wilson Solar IPO Lead Managers:
  • Adding Soon
Company Address:
Sterling and Wilson Pvt. Ltd.
Universal Majestic, 9th Floor
P. L. Lokhande Marg
Chembur(West), Mumbai – 400 043
Maharashtra, India
Telephone: +91-22-25485300
Fax: +91-22-25485331
Email: mumbai@sterlingwilson.com

Note: The ipo price band and dates will be added as it will be officially announced. The ipo grey market premium (ipo gmp) will be added on the grey market page as it will start)