Insolation Energy Limited IPO
BSE SMEListed On: Oct 10, 2022 at ₹ 76.10
₹ 228000 /6000 Shares
*Min Investment
26 Sep, 2022
Open Date29 Sep, 2022
Close Date04 Oct, 2022
Allotment Date10 Oct, 2022
Listing DateInsolation Energy Limited IPO Issue Details
- Issue Price ₹36-38 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 5,832,000 shares of ₹10 (aggregating up to ₹22.16 Cr)
- Listing at BSE SME
- List Price 76.10
- Listing Date 2022-10-10
- Lead Manager Holani Consultants Private limited
- Registrar Bigshare Services Pvt Ltd
Insolation Energy Limited IPO Details
- Retail Portion N/A
Insolation Energy Limited IPO Details
Insolation Energy Limited IPO is an SME IPO, priced at ₹36-38 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 26, 2022 to Sep 29, 2022. The allotment is expected to be finalized on Oct 4, 2022, and the tentative listing date is Oct 10, 2022.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Insolation Energy Limited IPO Subscription Analysis And 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
Insolation Energy Limited Company Financials
| 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 Insolation Energy Limited 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)
Mr. Manish Gupta
Mr. Vikas Jai
Pre Issue Share Holding : 97%
Post Issue Share Holding : %
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Insolation Energy Limited IPO is 5,832,000 shares of ₹10 (aggregating up to ₹22.16 Cr).
Ans. The Insolation Energy Limited IPO price band is set between ₹36-38 per equity share.
Ans. To apply for Insolation Energy Limited 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 Insolation Energy Limited IPO allotment status online.
