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Open
6 Aug 2019
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Close
8 Aug 2019
3
Allotment
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Listing
Tue, Aug 20, 2019
Price Band
₹775 to ₹780
Issue Size
3,65,33,820 shares (agg. up to ₹2,850 Cr)
Lot Size
19 Shares
Listing Date
Tue, Aug 20, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 0.99x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|
| Assets | 5,391.92 | 4,920.38 |
| Total Income | 8,449.93 | 6,884.42 |
| Profit After Tax | 638.23 | 450.54 |
| EBITDA | 851.63 | 550.46 |
| Reserves and Surplus | 821.49 | 177.84 |
| Total Borrowing | 2,227.78 | 184.14 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rail Vikas Nigam Ltd. | Mainboard | ₹476.86 Cr | ₹19 | null | ₹19.05 | +0.26% | ₹225.44 (-0.44%) |
| IRCON International Ltd. | Mainboard | ₹466.93 Cr | ₹475 | null | ₹415.30 | -12.57% | ₹129.33 (-0.84%) |
| A B Infrabuild Ltd. | SME | ₹12.84 Cr | ₹29 | null | ₹29.15 | +0.52% | ₹10.08 (-0.20%) |
| BCPL Railway Infrastructure Ltd. | SME | ₹17.01 Cr | ₹35 | null | ₹36.30 | +3.71% | ₹70.38 (-0.43%) |
| Ranjeet Mechatronics Ltd. | SME | ₹4.50 Cr | ₹25 | null | ₹28.85 | +15.40% | ₹6.92 (-0.14%) |
About Sterling & Wilson IPO
Incorporated on 2017, Mumbai based Sterling & Wilson Solar Limited (SWSL) is engaged in providing solar engineering, procurement and construction (EPC) solutions to the end-users. SWSL is focused on utility-scale solar power projects and manages the solar projects from conceptualizing to commissioning. It provides operations and maintenance (O&M) services for the 3rd party projects as well. It was previously named as Rashmika Energy Private Limited.The company started its operation as a Solar EPC Division of SWPL in 2011 and demerged on April 1, 2017. According to IHS Markit, the company was the world's largest solar EPC solutions provider in 2018 based on annual installations of utility-scale PV systems. Currently, it has a wide presence across 26 countries. Sterling & Wilson offers customized solutions to its customers for solar power projects. The company follows a "hub-and-spoke" business model where services go from the central hub to several spokes or routes to reach the end-users. India works as a hub of the company for the complete supply chain including engineering functions, design, and engage 3rd party subcontractors and suppliers. The company aims to improve the perform
Contact Details
Sterling & Wilson Solar Ltd. Address9th Floor, Universal Majestic, P L Lokhande MargChembur (West)Mumbai, Maharashtra, 400043+91 22 2548 5300ir@sterlingwilson.comVisit Website