Solex Energy Limited IPO

NSE SME

Offer Date: Jan 22, 2017 - Jan 25, 2017

₹ 104000 /2000 Shares

IPO Details

22 Jan, 2017

Open Date

25 Jan, 2017

Close Date

01 Feb, 2017

Allotment Date

05 Feb, 2018

Listing Date

Issue Price

Rs 52 Per Equity Share

Face Value

Rs 10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

Market Lot

2000 Equity Shares ( Rs 1,04,000/- )

Lead Manager

Swastika Investmart Ltd

Issue Size

13,80,000 Equity Shares of Rs 10/- each at a price of 52/- per share aggregating to 7.18 Cr

Retail Portion

N/A

Subscription

2,64,32,000 20.21 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	6,54,000	6,54,000	13,08,000
Day 1 - 22-01-17	5,12,000 0.78 x	3,98,000 0.61 x	9,10,000 0.70 x
Day 2 - 23-01-18	9,02,000 1.38 x	15,10,000 2.31 x	24,12,000 1.84 x
Day 3 - 24-01-18	11,60,000 1.77 x	37,02,000 5.66 x	48,62,000 3.72 x
Day 4 - 25-01-18	1,01,38,000 15.50 x	1,62,94,000 24.91 x	2,64,32,000 20.21 x

Valuations

Earnings Per Share (EPS)

Rs 1.86

P/E Ratio

27.96

RoNW

25.29%

Net Asset Value (NAV) - After Issue

Rs 22.49

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

Mr. Kalpeshkumar Ramanbhai Patel

IPO - Issue Objectives

To Meet Working Capital Requirement
General Corporate Purpose
To meet the expenses of the Issue

IPO - FAQs

Ans. Solex Energy Limited IPO is a SME IPO. The issue is priced at Rs 52 Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Jan 22, 2017, and closes on Jan 25, 2017. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Solex Energy Limited IPO opens on Jan 22, 2017 and closes on Jan 25, 2017.

Ans. The size of Solex Energy Limited IPO is 13,80,000 Equity Shares of Rs 10/- each at a price of 52/- per share aggregating to 7.18 Cr.

Ans. The IPO price band is set between Rs 52 Per Equity Share .

Ans. To apply for Solex Energy Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Solex 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 Solex Energy Limited IPO is Feb 1, 2017.

Ans. The Solex Energy Limited IPO will be listed on Feb 5, 2018.

Ans. Follow the steps to check the allotment status for Solex Energy Limited IPO here.