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Open
22 Jan 2018
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Close
25 Jan 2018
3
Allotment
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Listing
Mon, Feb 5, 2018
Price Band
₹52 per share
Issue Size
13,80,000 shares (agg. up to ₹7 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Feb 5, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 18.84x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jul 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 21.98 | 24.96 | 14.78 | 8.59 |
| Total Income | 6.35 | 34.50 | 46.62 | 6.37 |
| Profit After Tax | 0.31 | 0.92 | 0.39 | 0.10 |
| NET Worth | 3.93 | 3.62 | 1.98 | 0.92 |
| Reserves and Surplus | 1.71 | 1.40 | 0.48 | 0.10 |
| Total Borrowing | 2.54 | 0.85 | 3.53 | 3.66 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Servotech Power Systems Ltd. | SME | ₹15.13 Cr | ₹31 | null | ₹31.85 | +2.74% | ₹79.06 |
| Jigar Cables Ltd. | SME | ₹5.59 Cr | ₹30 | null | ₹36.00 | +20.00% | ₹60.90 |
| RMC Switchgears Ltd. | SME | ₹4.15 Cr | ₹27 | null | ₹32.40 | +20.00% | ₹226.19 |
| Nitiraj Engineers Ltd. | SME | ₹22.01 Cr | ₹100 | null | ₹94.50 | -5.50% | ₹230.92 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 5.75 |
| 2 | Public Issue Expenses | 0.45 |
| 3 | General Corporate Expenses | 0.98 |
About Solex Energy IPO
Updated on Aug 5, 2026
Contact Details
Solex Energy Ltd. AddressPlot No.131/A, Phase 1, Nr.Krimy IndustriesGIDCVithal UdyognagarAnand, Gujarat, 388121+91-2692-230317info@solex.inVisit Website