Solex Energy Limited IPO

Solex Energy Limited Profile

Solex Energy Limited IPO Updates- Price, Subscription details , Allotment Status, Listing Date and Grey Market Premium (GMP)
Solex Energy Limited IPO

Solex Energy Limited, headquartered in Anand, is a top manufacturer of solar photovoltaic module, solar home light, solar inverters, solar street light, solar lantern, solar power plant, solar water heating system and wood-fired water heater in India. Solex is accredited with an IEC 61215 2ND And IEC 61730-1 AND 61730-2, IEC 61701 STD. Solex is also empanelled with MNRE and Solex modules are TUV certified. They are verified by the UL India Pvt Ltd and fulfill in accordance with the standards.

Its quality products withstand the toughest environmental condition to provide the perfect solution for electricity generation. Solex PV Modules are made of highly efficient mono and a polycrystalline solar cell which are resistant to rain, water, abrasion, and hail impact.

Their product ranges from Solar PV Module (3WP – 325 WP), Solar Lanterns (CFL & LED Base), Solar Home Light System (CFL & LED Base), Solar Street Light System (CFL & LED Base), Solar Grid Connected Power Plant, Solar Water Heater Flat Plant Collector, Solar Water Heater ETC Type, Solar Off-Grid Power Plant (Solar Rooftop Systems), Solar Submersible Pump (AC & DC), Solar Surface Pump (DC).

They also provide a solution for solar roof top system, solar home and rural lighting system, solar power pack and solar power plant.                                                                                                                                      

Solex Energy Limited Promoters:

The Promoters of the Company are: Mr. Kalpeshkumar Ramanbhai Patel

Solex Energy Limited IPO details


Symbol: SOLEX

Issue Size: Public issue of 13,80,000 Equity Shares (including Market Maker reservation portion of 72,000 equity shares

Face Value: Rs 10

Price Range: Rs 52

Issue Type: Fixed Price

Bid Lot: 2,000 Equity Shares and in multiples thereof

Minimum Order Quantity: 2,000 Equity Shares

Issue Period: 20-Dec-2017 to 22-Dec-2017

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

Name of the Registrar: Skyline Financial Services Private Limited.

Listing at: NSE SME

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Solex Energy Limited Financials:

Solex Energy Limited financial performance (in INR lakh)        
  FY2015 FY2016 FY2017 4M FY2018
Total revenue 637.5 4,662.1 3,449.6 635.5
Total expenses 623.7 4,604.7 3,311.5 591.5
Profit after tax 9.5 38.6 91.6 30.9

 

Solex Energy Limited Allotment Status:


Solex Energy Limited IPO Allotment Date:  N/A

Solex Energy Limited IPO Listing Date: N/A

You can check your allotment status using your PAN number.

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