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 SME IPO Subscription Status Live
Last Data Updated on 27th September 2022, 05:20 PM (Refresh Page)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | – | – | – |
| NII | 1.00 | 5.06 | – |
| Retail | 5.65 | 40.96 | – |
| Total | 3.33 | 23.01 | – |
Insolation Energy SME IPO Dates & Price Band :
| IPO Open: | Sep 26, 2022 |
| IPO Close: | Sep 29, 2022 |
| IPO Size: | Approx ₹22.16 Crores |
| Price Band: | ₹36 – ₹38 per share |
| Listing on: | BSE SME |
| Retail Portion: | 50% of the net offer |
| Equity: | 3000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
Insolation Energy SME IPO Market Lot:
- Shares: 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
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