Insolation Energy Limited IPO
BSE SMEListed On: Oct 10, 2022 at ₹ 76.10
₹ 114000 /3000 Shares
Check AllotmentInsolation Energy Limited IPO Details
26 Sep, 2022
Open Date29 Sep, 2022
Close Date04 Oct, 2022
Allotment Date10 Oct, 2022
Listing DateIssue Price
₹36-38 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
76.10Listing Date
2022-10-10Market Lot
3000 Shares (₹114,000/-)Lead Manager
Holani Consultants Private limitedIssue Size
5,832,000 shares of ₹10 (aggregating up to ₹22.16 Cr)Retail Portion
N/ASubscription
173.43 timesInsolation Energy Limited IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 2,769,000 | 2,769,000 | 5,538,000 |
Day 1 - 26-09-22 06:00 PM | 1.00 x | 5.65 x | 3.33 x |
Day 2 - 27-09-22 06:00 PM | 4.19 x | 38.77 x | 20.64 x |
Day 3 - 28-09-22 06:00 PM | 22.13 x | 94.19 x | 57.27 x |
Day 4 - 29-09-22 06:00 PM | 112.66 x | 222.99 x | 173.43 x |
Insolation Energy Limited Valuations
Earnings Per Share (EPS)
₹4.62/-P/E Ratio
N/ARoNW
31.33%Net Asset Value (NAV) - Post Issue
₹14.75/-Insolation Energy Limited Company Financials All values are in ₹ Lakh
31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
---|---|---|---|
Assets | 6668.03 | 5045.04 | 2642.44 |
Revenue | 21539.13 | 16272.92 | 8879.37 |
Profit After Tax | 692.2 | 689.72 | 309.25 |
About The Company
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.
Insolation Energy Limited - Promoter(s)
Pre Issue Share Holding: 97%
Post Issue Share Holding: %
Company Promoter(s)
- Mr. Manish Gupta
- Mr. Vikas Jai
Insolation Energy Limited IPO - Issue Objectives
- Funding the Working capital requirements of the Company
- General corporate purposes.
Insolation Energy Limited IPO - FAQs
Ans. Insolation Energy Limited IPO is a SME IPO. The issue is priced at ₹36-38 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Sep 26, 2022, and closes on Sep 29, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Insolation Energy Limited IPO opens on Sep 26, 2022 and closes on Sep 29, 2022.
Ans. The size of Insolation Energy Limited IPO is 5,832,000 shares of ₹10 (aggregating up to ₹22.16 Cr).
Ans. The IPO price band is set between ₹36-38 per equity share.
Ans. To apply for Insolation Energy Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Insolation Energy Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Insolation Energy Limited IPO is Oct 4, 2022.
Ans. The Insolation Energy Limited IPO will be listed on Oct 10, 2022.
Ans. Follow the steps to check the allotment status for Insolation Energy Limited IPO here.