IPO

Solex Energy Ltd IPO

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Initial public issue of 13,80,000 equity shares of face value of Rs. 10 each (equity shares) of Solex Energy Limited (The Company or Issuer) for cash at a price of Rs. 52.00 per equity share (including a share premium of Rs. 42.00 per equity share) (Issue Price) aggregating to Rs. 7.18 crores (issue) of which 72,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 52.00 per equity share, aggregating to Rs. 0.37 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 13,08,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 52.00 per equity share aggregating to Rs. 6.80 crores (The Net Issue). The issue and the net issue will constitute 27.94% and 26.48%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 52.00. The issue price is 5.2 times of the face value.

Solex Energy Ltd IPO Subscription Details

Company

Solex Energy Ltd

Issue Type

Fixed Price - SME

Open Date

22 Jan

Close Date

25 Jan

Offer Price

52.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Solex Energy Ltd IPO

Company Contact Information

Solex Energy Ltd IPO
Plot No. 131/A Phase 1 GIDC,
Vithal Udyognagar,
Anand, Gujarat 388121.

Phone: 91-2692-230317
Email: info@solex.in

Solex Energy Ltd IPO Register

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Solex Energy Ltd IPO Lead Manager(s)

  • Swastika Investmart Ltd

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