Solvex Edibles Limited's initial public offering (IPO) has demonstrated weak investor interest through its final day of subscription, with Solvex Edibles' stock price set at ₹72 per share reflecting poor market reception. The ₹18.87 crore IPO reached 0.43 times by 5:04:14 PM on day three.
Solvex Edibles IPO individual investors segment leads with limited 0.51 times subscription, whilst non-institutional investors show limited participation at 0.35 times, whilst market makers show complete participation at 1.00 times.
IPO Subscription Status
Invest in Indian Markets and Unlock Future Potential With 5paisa!Solvex Edibles IPO subscription reached weak 0.43 times on day three, led by Individual Investors (0.51x) and Non-Institutional Investors (0.35x). Total applications reached 238.
| Date | QIB (Ex Anchor) | NII | Individual Investors | Total |
|---|---|---|---|---|
| Day 1 (September 22) | - | 0.34 | 0.11 | 0.22 |
| Day 2 (September 23) | - | 0.24 | 0.21 | 0.22 |
| Day 3 (September 24) | - | 0.35 | 0.51 | 0.43 |
Here are the subscription details for Solvex Edibles IPO as of Day 3 (September 24, 2025, 5:04:14 PM):
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Non-Institutional Buyers | 0.51 | 12,44,800 | 4,41,600 | 3.18 |
| Individual Investors | 2.14 | 12,44,800 | 6,36,800 | 4.58 |
| Total | 0.43 | 24,89,600 | 10,78,400 | 7.76 |
Key Highlights - Day 3:
- Overall subscription reached weak 0.43 times, showing marginal improvement from day two's 0.22 times but remaining well below full subscription
- Individual investors demonstrating limited confidence at 0.51 times, building from day two's 0.21 times but indicating weak retail appetite
- Non-institutional investors showing limited performance at 0.35 times, building slightly from day two's 0.24 times but remaining subdued
- Total applications reached only 238, indicating very low investor participation for this SME IPO
- Cumulative bid amount reached ₹7.76 crores, representing only 41% of the issue size of ₹18.87 crores
- Poor subscription performance suggests investor concerns about pricing, business prospects, or market conditions for this edible oil sector offering
Key Highlights - Day 2:
- Overall subscription remained stagnant at 0.22 times, unchanged from day one's 0.22 times
- Non-institutional investors showing limited performance at 0.24 times, declining from day one's 0.34 times
- Individual investors displaying limited confidence at 0.21 times, building from day one's 0.11 times
Key Highlights - Day 1:
- Overall subscription reached weak 0.22 times, showing poor initial investor interest in this SME edible oil IPO
- Non-institutional investors showing limited performance at 0.34 times, indicating weak HNI appetite
- Individual investors displaying minimal confidence at 0.11 times, showing very weak retail sentiment
About Solvex Edibles Ltd.
Incorporated in 2013, Solvex Edibles Limited is engaged in manufacturing, distribution, marketing and selling of solvent extracted rice bran oil and other by-products including de-oiled cakes, rice bran, mustard oil and mustard cakes, operating from a facility in Kemri, Bilaspur, Uttar Pradesh, with processing capacity of 200 TPD and supplying products across 18 states in India.
5paisa Capital Ltd
