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Insolation Energy IPO IPO

Mainline26 Sep 202229 Sep 2022
Open
26 Sep 2022
Close
29 Sep 2022
3
Allotment
Listing
Mon, Oct 10, 2022
Price Band
₹36 to ₹38
Issue Size
58,32,000 shares (agg. up to ₹22 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Oct 10, 2022
Latest GMP
₹39
Est. Gain
102.63%
✦ AI Insight

GMP Trend

10-10-202239Est. ₹77+102.63%
09-10-202240Est. ₹78+105.26%
08-10-202238Est. ₹76+100%

Live Subscription

CategorySubscription (times)
Total188.55x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets66.6850.4526.42
Total Income215.39162.7388.79
Profit After Tax6.926.903.09
NET Worth0.000.000.00
Reserves and Surplus7.1212.705.80
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding the working Capital Requirement of our Company15.45
2General corporate purposes4.64

About Insolation Energy IPO

Incorporated in 2015, Insolation Energy Ltd is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The company's 200 MW (Rated Installed Capacity) SPV Module manufacturing unit is located at Jaipur, spread over more than 60,000 Sq. ft area with the latest machinery. The business areas are as under: i. Solar PV module manufacturing; and ii. Solar Power Conditioning Unit (PCU) and Lead Acid Batteries trading In addition to the manufacture of solar PV modules, the Company trades in Solar Power Conditioning Unit (PCU) which uses solar energy and power from the grid to charge batteries and tall tabular Lead Acid Batteries are used to store energy generated from the solar panels. The company is also an integrated solar energy solutions provider offering engineering, procurement and construction ("EPC") services to our customers. Insolation Energy Ltd has successfully established a geographically diversified presence in India through an extensive distributor network of 30+ distributors.+ Read More

Contact Details

Insolation Energy Ltd. AddressG-25, City CentreSansarchand RoadNear MI RoadJaipur, Rajasthan, 302001+91– 9116122139cs@insolationenergy.inVisit Website