The Insolation Energy IPO has begun on 26 Sep 2022. It will close on 29 Sep 2022. The Total IPO Size is 22.16 Crore. The company set its IPO price is 36-38 Rs Per Share. Basically, there are three basic categories in Insolation Energy IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs) 3) QIB.
Insolation Energy is established 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.
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Company Strengths
1) Experienced key management
2) Strong relationships with customers, employees and other key stakeholders
3) Strong growth and financial performance backed by an asset‐light business model
4) A dedicated design and engineering team focused on innovation and developing efficient and
cost‐effective engineering solutions
Insolation Energy IPO Promotors
1) Manish Gupta
2) Vikas Jain
Insolation Energy IPO Date, Details & Price Band
| IPO Opening Dates | 26 Sep 2022 |
| IPO Closing Dates | 29 Sep 2022 |
| Price Band | 36-38 Rs Per Share |
| Total IPO size | 22.16 Crore |
| Minimum bid (lot size) | 3000 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 35% |
| QIB | 50% |
| Non-Institutional | 15% |
| Listing On | BSE SME |
Insolation Energy IPO Market Lot
The Insolation Energy IPO minimum market lot is 8000 shares With 1,14,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 3000 | 1,14,000 Rs |
| Maximum | 1 | 3000 | 1,14,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share | |
| 31-Mar-22 | 6668.03 | 21539.13 | 692.2 | 4.62 |
| 31-Mar-21 | 5045.04 | 16272.92 | 689.72 | 4.60 |
| 31-Mar-20 | 2642.44 | 8879.37 | 309.25 | 2.06 |
Insolation Energy IPO GMP & Grey Market Premium
Insolation Energy IPO GMP/Grey market premium has been started today. Check Latest Insolation Energy IPO GMP, Kostak Rates and Subject to Sauda Price here.
Insolation Energy IPO Form Download
Insolation Energy IPO is available on BSE Website as well as on our Portal. Please click here Insolation Energy IPO form Download.
Insolation Energy IPO Allotment Date & Details
| Allotment Date | 4 Oct 2022 |
| Initiation of refunds | 6 Oct 2022 |
| Transfer of shares to Demat accounts | 7 Oct 2022 |
| Listing Date | 10 Oct 2022 |
| Check Allotment Status | Click here |
Insolation Energy IPO Prospectus
| DRHP | Download |
| RHP | Download |
Registrar of Insolation Energy IPO
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road,
Next to Ahura Centre, Andheri (East), Mumbai – 400093
Tel: +91 022-6263 8200 Fax: +91 022-6263 8299
Website: www.bigshareonline.com
Email: [email protected]
Investor Grievance ID: [email protected]
Contact Person: Mr. Aniket Chindarkar
SEBI Registration Number: INR000001385
Insolation Energy Contact Details
Insolation Energy Limited
G-25, City Centre,
Sansarchand Road,
Near MI Road, Jaipur, Rajasthan
Phone: +91– 9116122139
Email: [email protected]
Website: https://insolationenergy.in/
Insolation Energy IPO Lead Managers
HOLANI CONSULTANTS PRIVATE LIMITED
401 – 405 & 416 – 418, 4th Floor, Soni Paris Point,
Jai Singh Highway, Bani Park, Jaipur – 302016
Tel.: +91 0141 – 2203996 Fax: +91 0141 – 2201259 Website: www.holaniconsultants.co.in
Email: [email protected]
Investor Grievance ID: [email protected]
Contact Person: Mrs. Payal Jain
SEBI Registration No.: INM000012467