Become a Partner
Referral Program

Solex Energy Limited IPO

Add to Calendar 2018-01-22 12:00 AM 2018-01-25 12:00 AM Asia/Kolkata Solex Energy Limited IPO Solex Energy Limited India

Introduction: Solex Energy Limited, is a very well  known  manufacturer of solar photovoltaic module, solar home light, solar street light, solar lantern, solar power plant, solar invertors, solar water heating system and wood fired water heater. Company is based out of Anand,Gujarat.

Date of Establishment: Company was established in the year  2014,

Product & Service Offering: Company’s basket of products includes Solar PV Module, Solar Lanterns, Solar Home Light System, Solar Street Light System, Solar Off-Grid Power Plant, Solar Grid Connected Power Plant, Solar Water Heater Flat Plant Collector, Solar Water Heater ETC Type, Solar Submersible Pump (AC & DC) and Solar Surface Pump (DC).

Promoters of Solex Energy Limited: Company is promoted by Mr. Kalpeshkumar Ramanbhai Patel.

Objects of the Issue: The key objectives of the IPO issues is to meet cash requirement for day to day running of the business, for sundry corporate expenses and to meet expenses incurred during the release of the issue.

Company Financials:

Summary of financial Information (Consolidated)

Particulars

For the year/period ended (in Rs. million)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

249.5

147.8

85.8

NA

NA

 

Total Revenue

344.9

466.2

63.7

NA

NA

 

Profit After Tax

9.1

3.8

0.95

NA

NA

 

Issue Detail

  • Issue Open: Jan 22, 2018
  • Issue Close: Jan 25, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 52 Per Equity Share
  • Bid Lot:2000 Shares
  • Minimum Order Quantity:2000 Shares
  • Listing At: NSE SME
  • Issue Size: Rs 7.18 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total

Listing Day Trading Information

- BSE NSE
Issue Price
Open
Low
High
Last Trade
Volume

Solex Energy Limited Red Herring Prospectus

Solex Energy Limited User Rating

Votes
0

Solex Energy Limited Life IPO Reviews

Solex Energy Limited IPO News & Updates

Frequently Asked Questions