Insolation Energy SME IPO is the next big SME IPO which will open on 26th September 2022 and will close on 29th September 2022. The company is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The Insolation Energy IPO price band is fixed at ₹36 to ₹38 with a market lot of 3000 shares. This SME IPO is in high demand and it is expected to give amazing returns to the investors.
The Company is mainly involved in two business areas which are, Solar PV module manufacturing and Solar Power Conditioning Unit (PCU) and Lead Acid Batteries trading. Insolation Energy Ltd has successfully established a geographically diversified presence in India through an extensive distributor network of 30+ distributors.
Insolation Energy SME IPO Review :
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Insolation Energy SME IPO Review
Insolation Energy SME IPO Date & Price Band :
| IPO Open: | Sep 26, 2022 |
| IPO Close: | Sep 29, 2022 |
| IPO Size: | ₹22.16 Crores |
| Price Band: | ₹36 to ₹38 per share |
| Listing on: | BSE SME |
| Retail Portion: | 50% of the net offer |
| Equity: | 3000 shares |
| Face Value: | ₹10 per share |
Insolation Energy SME IPO Market Lot:
- Shares: Minimum 3000 shares
- Minimum Amount: ₹114,000
- Maximum Amount: ₹114,000
Insolation Energy SME IPO Allotment & Listing:
- Basis of Allotment: Oct 4, 2022
- Refunds: Oct 6, 2022
- Credit to Demat accounts: Oct 7, 2022
- Listing: Oct 10, 2022
Insolation Energy IPO Form Download:
You can apply for Insolation Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. You can download the Insolation Energy SME IPO forms from BSE IPO Forms website.
Insolation Energy Financial:
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 2642.44 | 8879.37 | 309.25 |
| 31-Mar-21 | 5045.04 | 16272.92 | 689.72 |
| 31-Mar-22 | 6668.03 | 21539.13 | 692.2 |
Peer Group
- Swelect Energy System Limited
- Waa Solar Limited
- Websol Energy System Limited
Company Promoters
- Mr. Manish Gupta
- Mr. Vikas Jain
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Objectives of the SME IPO
- Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
- Funding long-term working capital requirements.
- General corporate purposes.
Insolation Energy SME IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Insolation Energy IPO Lead Managers:
- First Overseas Capital Limited (Past IPO Performance)
Company Address:
Insolation Energy Limited
G-25, City Centre,
Sansarchand Road,
Near MI Road, Jaipur, Rajasthan
Phone: +91– 9116122139
Email: [email protected]
Website: https://insolationenergy.in/
What is Insolation Energy IPO Open Date for QIB, NII, and Retail?
Insolation Energy IPO will open on Sep 26, 2022
Insolation Energy IPO Size?
Insolation Energy IPO size is Approx ₹22.16 Crores
Insolation Energy IPO Price Band?
Insolation Energy IPO Price Band is ₹36 to ₹38 per share
Insolation Energy IPO Minimum Lot Size?
The minimum bid is 1000 Shares with ₹3000 shares
What is Insolation Energy IPO Allotment Date?
Insolation Energy IPO allotment date is Oct 4, 2022
What is Insolation Energy IPO Listing Date?
Insolation Energy IPO listing date is Oct 10, 2022. The IPO is to list on BSE SME