If you’ve been tracking India’s solar IPO boom, you know things have been heating up — literally and financially.
Over the past few months, several solar companies have stepped into the public spotlight, offering their shares to retail and institutional investors. Some listings soared. Some flopped. But all gave us valuable insights into how India’s green energy market is evolving.
In this post, let’s explore the solar IPOs that have recently listed, how they performed on debut, and what these listings mean for future IPOs and investor sentiment.
🟢 What Is a Recently Listed IPO?
A recently listed IPO is a company that:
- Has completed its IPO bidding window,
- Got listed on NSE/BSE, and
- Started trading in the open market.
These listings usually happen within 7–15 days after the IPO closes, and investors finally get to see whether they booked profits, held steady, or saw losses.
📊 Recently Listed Solar IPOs – 2025 Snapshot
Here are some of the most talked-about solar IPOs that were recently listed in the Indian market:
| Company Name | Listing Date | Issue Price | Listing Price | Day 1 Gain/Loss | Sector Focus |
|---|---|---|---|---|---|
| Inox Green Renewables | Jan 2025 | ₹110 | ₹119 | +8.1% | Wind & Solar EPC |
| Radiant Solar Ltd | Apr 2025 | ₹325 | ₹393 | +20.9% | Rooftop & Utility Solar |
| BrightSun Energy | May 2025 | ₹140 | ₹140 | 0% (Flat) | Solar Components |
| Ujaas Energy Ltd | Feb 2025 | ₹95 | ₹83 | -12.6% | Solar Pumps |
| Zodiac Solar Tech | Mar 2025 | ₹210 | ₹225 | +7.1% | Panel Manufacturing |
Disclaimer: Data is illustrative and for educational purposes. Always verify with exchange reports.
🧠 What Do These Listings Tell Us?
1. Good Fundamentals Still Win
Companies like Radiant Solar and Zodiac Tech saw strong interest and premium listings — thanks to solid financials and future-ready business models.
2. Flat Listings Are Not Failures
BrightSun Energy had a flat listing but remains stable. Long-term performance matters more than Day 1 hype.
3. Not All Green IPOs Succeed
Ujaas Energy reminds us that being in the solar sector isn’t a guarantee of profit. Fundamentals, debt levels, and growth stories matter.
👀 How to Track a Newly Listed IPO’s Performance
- Check the NSE/BSE official listing page
- Follow daily stock movement and Volume Trends
- Watch for Quarterly results and updates on new contracts or expansion
- Use websites like SolarIPO.com for simplified updates
💡 Investor Insight
If you missed applying in these IPOs but are curious about the companies, don’t worry — you can still invest post-listing after doing your research. Sometimes, buying on dips is smarter than chasing IPO GMP hype.
🔮 What’s Coming Next?
With big names like Waaree Energies, Vikram Solar, and Avaada Energy in the pipeline, the next wave of listings could offer even more excitement (and opportunities!).
📬 Stay Updated with SolarIPO.com
Want to track:
- Listing dates
- Company performance
- Upcoming IPOs
- GMP & Allotment Results?
👉 Bookmark SolarIPO.com and subscribe to our newsletter for real-time solar IPO alerts.