Solex Energy Ltd incorporated in 2014 based in Anand, Gujarat. The company provides renewable enegery solutions. They are manufacturer of sola photovoltaic module, solar home light, street lights, solar lantern, power plants, invertors, water heating system and more solar powered products. Solex Energy ipo is starting from 22 January and ends on 25 January. The price band is around Rs.52 with 2000 market lot. The ipo size is around 7.18 crore rupees.
IPO Review:
- Apply for Listing Gain
Solex Energy IPO Dates & Price Band:
- IPO Open: 22 January 2018
- IPO Close: 25 January 2018
- IPO Size: Approx Rs 7.18 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs 52 Per Equity Share
- Listing on: NSE SME
- Shares: 1,380,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 2,000 Shares (Minimum Lot Size)
- Amount: Rs.1,04,000
Financial Results:
| Rs. in Crore | |||||
| 2015 | 2016 | 2017 | 2018 (4M) | ||
| Revenues | 6.38 | 46.62 | 34.50 | 6.36 | |
| Expenses | 6.24 | 46.05 | 33.12 | 5.92 | |
| PAT | 0.10 | 0.39 | 0.92 | 0.31 | |
Grey Market Premium:
- The grey market is around Rs.6000 Subject to Sauda.
Solex Energy IPO Subscription Status:
- IPO Subscribed 19.15 times overall
Solex Energy IPO Allotment Status:
Company Promoters:
- Mr. Kalpeshkumar Ramanbhai Patel
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Skyline Financial Services Private Ltd
Phone: +91 – 11 – 2681
Fax: +91 – 11 – 30857562
Email: [email protected]
Website: http://www.skylinerta.com
IPO Lead Managers:
- Swastika Investmart Ltd
Company Address:
Solex Energy Limited
Plot No. 131/A, Phase 1, Nr. Krimy Industries,
GIDC, Vithal Udyognagar,
Anand 388121
Phone: +91-2692-230317
Fax: +91-2692-231216
Email: [email protected]
Website: http://solex.in/
