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Open
14 Sep 2005
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Close
24 Sep 2005
3
Allotment
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Listing
Mon, Oct 31, 2005
Price Band
₹10 per share
Issue Size
1,38,54,834 shares (agg. up to ₹14 Cr)
Listing Date
Mon, Oct 31, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 38.13x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 9.56 | 7.68 | 7.49 |
| Total Income | 4.00 | 3.10 | 3.07 |
| Profit After Tax | 0.41 | -0.57 | 0.04 |
| NET Worth | 7.96 | 5.66 | 6.13 |
| Reserves and Surplus | 0.99 | 0.59 | 1.15 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land & Site Development | 0.34 |
| 2 | Plant & Machinery - turnkey | 1.95 |
| 3 | Building and civil works | 0.07 |
| 4 | Preliminary, Pre Operative and Issue Expenses | 0.59 |
| Total | 2.94 |
About Southern Online Bio Technologies FPO
Southern Online Bio Technologies Ltd. (now known as Solana Biofuels Limited) is an India-based company, established in 1998, that operates in two main sectors: biodiesel manufacturing and internet service provision (ISP). It pioneered the production of eco-friendly biodiesel from non-edible oils and provides high-speed, leased-line, and broadband services to customers The company produces alternative fuel from non-edible vegetable oils, aiming to reduce carbon emissions and pollution, and produces byproducts such as glycerine. The company is headquartered in Hyderabad, and it has historically provided services across Andhra Pradesh and Telangana. The company focuses on green energy through biodiesel production to serve the automotive, marine, and railway sectors.+ Read More
Contact Details
Southern Online Bio Technologies Ltd. Address3A, 3rd FlooSamrat ComplexSaifabadHyderabad, Telangana, 500004+914023241999dkrishna@sol.net.inVisit Website