Solvex Edibles IPO was subscribed overall 1.02 times on the last day, a retail quota was subscribed over 0.73 times, NII was subscribed over 1.31 times, and QIB was subscribed 0.00 times, respectively.
Details About Solvex Edibles IPO
Solvex Edibles got approval from SEBI for an IPO of around ₹18.87 crores. Solvex Edibles IPO is a fresh issue of ₹18.87 crores with a face value of Rs 10 each. Further, Solvex Edibles had a set price band between ₹72 per share.
In the Solvex Edibles IPO, 3,200 shares were in 2 lot sizes for the retail minimum and maximum categories as well. 4,800 shares were in 3 lot sizes for the S-HNI Minimum category.
To invest in Solvex Edibles IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,30,400.
- SHNI (S-HNI): Minimum investment of ₹3,45,600.
Solvex Edibles IPO’s Subscription Duration
Solvex Edibles’ IPO started on September 22, 2025, and closed on September 26, 2025. The Solvex Edibles IPO’s allotment date was September 29, 2025, and they received a refund on September 30, 2025. The Solvex Edibles listing date is October 1, 2025.
Solvex Edibles IPO funds deployment
The company has decided to utilise IPO funds in proper ways, as given below.
A portion of the money would be used to finance the Capital expenditure towards the acquisition of new Plant and Machinery at the existing plant of the Company.
- Some of the money used for the Repayment in full or in part of certain of the outstanding borrowings.
- General Corporate Purpose
About Solvex Edibles Company
Solvex Edibles Limited was started in 2013. The company makes, distributes, markets, and sells rice bran oil and other related products. These include de-oiled rice bran cakes, rice bran, mustard oil, mustard cakes, and de-oiled mustard cakes.
The company’s manufacturing facility is located in Kemri, Bilaspur, Uttar Pradesh, and spans 12,140 square meters. This location helps with good production and nationwide distribution.
They produce Rice Bran Oil through a solvent extraction process from crude rice bran. The company’s plant has a processing capacity of 200 tons per day (TPD) and includes a dedicated extraction division, enabling it to handle everything from raw material to finished product in one integrated system.
