IPO

Insolation Energy Limited IPO

BSE SME

Listed On: Oct 10, 2022 at ₹ 76.10

₹ 114000 /3000 Shares

Check Allotment

Insolation Energy Limited IPO Details

26 Sep, 2022

Open Date

29 Sep, 2022

Close Date

04 Oct, 2022

Allotment Date

10 Oct, 2022

Listing Date

Issue Price

₹36-38 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

76.10

Listing Date

2022-10-10

Market Lot

3000 Shares (₹114,000/-)

Lead Manager

Holani Consultants Private limited

Issue Size

5,832,000 shares of ₹10 (aggregating up to ₹22.16 Cr)

Retail Portion

N/A

Subscription

173.43 times

IPO Docs

DRHP RHP

Insolation Energy Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved2,769,0002,769,0005,538,000
Day 1 - 26-09-22 06:00 PM1.00 x5.65 x3.33 x
Day 2 - 27-09-22 06:00 PM4.19 x38.77 x20.64 x
Day 3 - 28-09-22 06:00 PM22.13 x94.19 x57.27 x
Day 4 - 29-09-22 06:00 PM112.66 x222.99 x173.43 x

Insolation Energy Limited Valuations

Earnings Per Share (EPS)

₹4.62/-

P/E Ratio

N/A

RoNW

31.33%

Net Asset Value (NAV) - Post Issue

₹14.75/-

Insolation Energy Limited Company Financials All values are in ₹ Lakh

31-Mar-2231-Mar-2131-Mar-20
Assets6668.035045.042642.44
Revenue21539.1316272.928879.37
Profit After Tax692.2689.72309.25

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.

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Insolation Energy Limited - Promoter(s)

Pre Issue Share Holding: 97%

Post Issue Share Holding: %


Company Promoter(s)

  1. Mr. Manish Gupta
  2. Mr. Vikas Jai

Insolation Energy Limited IPO - Issue Objectives

  1. Funding the Working capital requirements of the Company
  2. 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.