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How to Check Solvex Edibles IPO Allotment Status?
Last Updated: 25th September 2025 - 10:30 am
Solvex Edibles Limited is engaged in manufacturing, distribution, marketing and selling of Solvent Extracted Rice Bran Oil and other by-products, incorporated in 2013. The company operates with 40 employees as of September 16, 2025, maintaining manufacturing facility in Kemri, Bilaspur, Uttar Pradesh covering 12,140 sq meters with processing capacity of 200 TPD while producing de-oiled mustard/rapeseed cakes, de-oiled rice bran, and crude rice bran oil through solvent extraction process, supplying products to various FMCG companies across 18 states through extraction division for integrated production and processing.
The Solvex Edibles IPO came with a total issue size of ₹18.87 crore, comprising entirely a fresh issue of 0.26 crore shares aggregating to ₹18.87 crore. The IPO opened on September 22, 2025, and closed on September 24, 2025.
Steps to Check Solvex Edibles IPO Allotment Status on Registrar Site
- Visit the Maashitla Securities Pvt.Ltd. website
- Select "Solvex Edibles" from the dropdown menu on the allotment status page
- Enter your PAN ID, Demat Account Number, or Application Number in the designated field
- Complete the captcha verification process and click on the "Submit" button to view your allotment status
Steps to Check Solvex Edibles IPO Allotment Status on BSE
- Navigate to the BSE SME IPO Allotment Status Page
- Select the issue type: equity/debt
- Choose "Solvex Edibles" from the list of active IPOs in the dropdown menu
- Input your Application Number and PAN ID in the required fields
- Verify the captcha and click "Search" to check your allotment status
Solvex Edibles IPO Subscription Status
Solvex Edibles IPO received very weak investor interest, being subscribed only 0.43 times overall. The subscription showed lack of confidence across categories in the Solvex Edibles IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:14 PM on September 24, 2025:
- Non-Institutional Investors (NII): 0.35 times.
- Individual Investors: 0.51 times.
| Date | NII | Individual | Total |
| Day 1 September 22, 2025 | 0.34 | 0.11 | 0.22 |
| Day 2 September 23, 2025 | 0.24 | 0.21 | 0.22 |
| Day 3 September 24, 2025 | 0.35 | 0.51 | 0.43 |
Solvex Edibles IPO Share Price and Investment Details
The Solvex Edibles IPO price was fixed at ₹72 per share with a minimum lot size of 1,600 shares. The minimum investment required for individual investors was ₹2,30,400 for 2 lots (3,200 shares). Given the very weak subscription response of only 0.43 times overall, with both retail and NII categories showing poor response below 1x, the Solvex Edibles IPO share price is expected to list at discount or flat to issue price.
Utilisation of IPO Proceeds
The funds raised through the IPO will be utilised as follows:
- Capital expenditure for acquisition of new plant and machinery: ₹8.31 crore.
- Repayment of outstanding borrowings: ₹5.90 crore.
- General corporate purposes: ₹2.79 crore.
Business Overview
Solvex Edibles Limited operates with extensive array of products, strategic location of manufacturing facilities, easy availability of raw materials, and experienced promoters while manufacturing rice bran oil and by-products in competitive edible oils and animal feed segments. The company demonstrates inconsistent financial performance with 90% revenue increase and 305% PAT rise between FY24-FY25, though the significant profit jump in pre-IPO year raises concerns about sustainability and potential window dressing for valuations.
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