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Sterling and Wilson Solar (SWSL) has received markets regulator Securities and Exchange Board of India’s (SEBI) approval to raise an estimated Rs 4,500 crore through an Initial Public Offering (IPO). The company’s shares are proposed to be listed on the BSE and NSE.

The company, which filed the draft red herring prospectus with the SEBI in April, got the regulator’s approval on July 4. ICICI Securities, Axis Capital, Credit Suisse Securities (India), Deutsche Equities India, IIFL Holdings and SBI Capital Markets are book running lead managers to the issue.

The company offers solar engineering, procurement and construction services. It ranked as the world’s largest solar EPC services provider in 2018 based on annual installation of utility-scale photovoltaic systems of more than five megawatt-peak.

Sterling and Wilson Share Price

181.40 6.00 (3.42%)
10-Apr-2026 16:59 View Price Chart
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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