Solvex Edibles IPO
Solvex Edibles IPO Details
-
Open Date
22 Sep 2025
-
Close Date
26 Sep 2025
-
Listing Date
01 Oct 2025
- IPO Price Range
₹ 72
- IPO Size
₹ 18.87 Cr
- Listing Exchange
BSE SME
Solvex Edibles IPO Timeline
Solvex Edibles IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 22-Sep-25 | - | 0.34 | 0.11 | 0.22 |
| 23-Sep-25 | - | 0.24 | 0.21 | 0.22 |
| 24-Sep-25 | - | 0.35 | 0.51 | 0.43 |
| 25-Sep-25 | - | 0.35 | 0.51 | 0.43 |
| 26-Sep-25 | - | 1.31 | 0.72 | 1.02 |
Last Updated: 26 September 2025 6:47 PM by 5paisa
Solvex Edibles Limited, incorporated in 2008 and based in Madhya Pradesh, is engaged in the manufacturing and processing of edible oils and related by-products. The company’s operations include refining, solvent extraction, and producing soya, sunflower, and mustard oils, alongside producing deoiled cakes (DOCs) and lecithin for domestic and export markets. It supplies its products to FMCG companies, wholesalers, institutional buyers, and international customers across Asia and Europe.
The company has integrated manufacturing facilities with solvent extraction and refining capacity. Its product mix caters to both human consumption and industrial use, offering it diversification of revenue streams. Over the past three years, Solvex has demonstrated strong financial growth with revenues crossing ₹2,000 crore in FY24 and improved profitability margins.
Established in: 2013
Managing Director: Mr. Ashish Goel
Peers:
Ramdevbaba Solvent Limited
M K Proteins Limited
Solvex Edibles Objectives
1. Funding working capital requirements
2. Repayment / prepayment of certain borrowings
3. General corporate purposes
Solvex Edibles IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹18.87 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹18.87 Cr |
Solvex Edibles IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 2,30,400 |
| Retail (Max) | 2 | 3,200 | 2,30,400 |
| S-HNI (Min) | 3 | 4,800 | 3,45,600 |
| S-HNI (MAX) | 6 | 9,600 | 6,91,200 |
| B-HNI (Min) | 7 | 11,200 | 8,06,400 |
Solvex Edibles IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| NII (HNI) | 1.31 | 12,44,800 | 16,32,000 | 11.75 |
| Individual Investors (IND category bidding for 2 Lots) | 0.72 | 12,44,800 | 9,02,400 | 6.50 |
| Total** | 1.02 | 24,89,600 | 25,34,400 | 18.25 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 93.02 | 71.27 | 74.7 |
| EBITDA | 1.73 | 2.86 | 5.96 |
| PAT | 0.33 | 0.98 | 2.83 |
| Particulars (in Rs. Crores)] | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 22.71 | 37.50 | 42.18 |
| Share Capital | 2.5 | 3.42 | 6.33 |
| Total Borrowings | 12.05 | 16.41 | 17.66 |
| Particulars (in Rs. Crores | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 0.64 | -3.9 | -1.24 |
| Net Cash Generated From / (used in) investing activities | -0.31 | -9.43 | -0.004 |
| Net Cash Generated From / (used in) financing activities | -0.79 | 13.31 | 1.32 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -0.46 | -0.021 | 0.076 |
Strengths
1. Integrated operations from extraction to refining
2. Wide product mix in edible oils
3. Strong presence in domestic and export markets
4. Steady revenue growth with improving margins
5. Established relationships with FMCG and institutional buyers
Weaknesses
1. High dependence on raw material price volatility
2. Working capital-intensive business model
3. Exposure to agro-climatic risks
4. Thin margins typical of edible oil sector
5. Debt levels add financial pressure
Opportunities
1. Rising demand for edible oils in India
2. Export growth in soymeal and lecithin
3. Scope for value-added product expansion
4. Government initiatives to boost oilseed processing
5. Potential to expand refining capacity further
Threats
1. Intense competition from large edible oil players
2. Fluctuations in global edible oil prices
3. Changes in import/export duties or policies
4. Substitution risk from alternative oils
5. Volatility in agro-commodity markets
1. Integrated edible oil processing operations
2. Diversified product mix across oils and by-products
3. Strong revenue base with export presence
4. Use of proceeds to reduce debt and strengthen working capital
5. Positive demand outlook for edible oils in India
India is among the largest consumers of edible oils globally, with rising demand driven by population growth, changing dietary patterns, and urbanisation. At the same time, the country remains heavily import-dependent for crude edible oils, creating opportunities for domestic refiners and processors. Solvex Edibles, with integrated facilities and a balanced portfolio across multiple oilseeds, is well-placed to capture market share. Its presence in export markets, coupled with strong relationships with FMCG and institutional buyers, strengthens growth prospects. However, sustaining margins will require prudent raw material sourcing, efficient operations, and continuous capacity optimisation. If executed well, Solvex can leverage industry growth to scale significantly in the coming years.
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FAQs
Solvex EdiblesIPO opens from September 22, 2025 to September 24, 2025.
The size of Solvex EdiblesIPO is ₹18.87 Cr.
The price band of Solvex Edibles IPO is fixed at ₹72 per share.
To apply for Solvex Edibles IPO, follow the steps given below:
1. Login to your 5paisa account and select the issue in the current IPO section
2. Enter the number of lots and the price at which you wish to apply for the Solvex Edibles IPO.
3. Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of the Solvex Edibles IPO is of 3,200 shares and the investment required is ₹2,30,400.
The share allotment date of Solvex Edibles IPO is September 28, 2025
The Solvex Edibles IPO will likely be listed on September 29, 2025.
Corporate Makers Capital Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue.
Solvex Edibles plans to utilise the raised capital from the IPO for:
1. Funding working capital requirements
2. Repayment / prepayment of certain borrowings
3. General corporate purposes
Solvex Edibles Contact Details
Kemri Road,
Rampur,
Bikapur, Uttar Pradesh, 244921
Phone: +91-9837008895
Email: info@solvexedibles.in
Website: http://www.solvexedibles.in/
Solvex Edibles IPO Register
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Solvex Edibles IPO Lead Manager
Corporate Makers Capital Ltd.