Solex Energy Limited
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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) |
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Particulars |
For the year/period ended (in Rs. million) |
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31-Mar-17 |
31-Mar-16 |
31-Mar-15 |
31-Mar-14 |
31-Mar-13 |
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Total Assets |
249.5 |
147.8 |
85.8 |
NA |
NA |
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Total Revenue |
344.9 |
466.2 |
63.7 |
NA |
NA |
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Profit After Tax |
9.1 |
3.8 |
0.95 |
NA |
NA |