Insolation Energy IPO subscription status started on Monday, September 26, 2022 and will close on September 29, 2022. Insolation Energy IPO to raise around ₹22.16 crores via IPO. The retail quota is 50%, and HNI is 50%. The price band is fixed at ₹36 to ₹38 per equity share. The IPO to list on BSE.
Insolation Energy Ltd is a manufacturer of solar panels in India specializing in producing high-efficiency solar PV Modules, based out in Jaipur, Rajasthan. They are among the top 10 solar panel brands in India. The company has over years of experience in the business with over 500 projects delivered with 250+ MW*+ of Solar Modules Supply and 10000+ customers they served. They are doing Solar PV module manufacturing and Solar Power Conditioning Unit (PCU) and Lead Acid Batteries trading as well.
IPOWatch View:
We recommend investors may apply an IPO with short-term and long-term view. Investors should also look at the Retail and HNI numbers before investing. You can check the Insolation Energy IPO allotment status here.
Insolation Energy IPO Subscription Status
Last Updated on Day 4 at 5:00
| Category | Day 2 | Day 3 | Day 4 |
| NII | 5.06 | 28.30 | 150.02 |
| RII | 40.96 | 99.50 | 235.55 |
| Total | 23.01 | 63.90 | 192.79 |
Insolation Energy IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Insolation Energy IPO Review
- May Apply
Insolation Energy IPO Date & Price Band
| Insolation Energy IPO Open: | September 26, 2022 |
| Insolation Energy IPO Close: | September 29, 2022 |
| Insolation Energy IPO Size: | Approx ₹22.16 Crores, [.] Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Insolation Energy IPO Price Band: | ₹36 to ₹38 Per Equity Share |
| Insolation Energy IPO Listing on: | BSE SME |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Insolation Energy IPO Market Lot
| Minimum IPO Lot Size: | Minimum 3000 shares for 1 lot |
| Minimum Amount: | ₹114,000 for 1 lot |
Insolation Energy IPO Subscription Dates
| Insolation Energy IPO Open Date: | September 26, 2022 |
| Insolation Energy IPO Close Date: | September 29, 2022 |
| Basis of Allotment: | October 4, 2022 |
| Refunds: | October 6, 2022 |
| Credit to Demat Account: | October 7, 2022 |
| Insolation Energy IPO Listing Date: | October 10, 2022 |
Insolation Energy IPO Form
How to apply Insolation Energy IPO? You can apply Insolation Energy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Insolation Energy IPO in the Invest section. The other option you can apply Insolation Energy IPO via IPO forms download via the BSE website. Check out the Insolation Energy forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
