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Solex Energy Limited IPO
NSE SMERs 1,04,000/- ) / 2000 Equity Shares
Solex Energy Limited IPO Details
The Solex Energy Limited IPO price band is set between Rs 52 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 22 Jan, 2017 and closes on 25 Jan, 2017. Investors can check the allotment status on 1 Feb, 2017, while the listing date is tentatively scheduled for 5 Feb, 2018.
The total issue size is 13,80,000 Equity Shares of Rs 10/- each at a price of 52/- per share aggregating to 7.18 Cr, aggregating up to . Stay tuned for the latest Solex Energy Limited IPO review and GMP updates.
Solex Energy Limited IPO Review, Rating & Analysis
Solex Energy Limited IPO Review
NO REVIEWSolex Energy Limited IPO Rating
Solex Energy Limited IPO Highlights
IPO Date
Jan 22, 2017 - Jan 25, 2017
Listing Date
5 Feb, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 52 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Solex Energy Limited IPO Lot Size
The minimum market lot for Solex Energy Limited IPO is 2000 shares with an application amount of ₹1,04,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,04,000 |
| Retail (Max) | 1 | 2000 | ₹1,04,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,08,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,36,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,40,000 |
Solex Energy Limited IPO Timeline
Issue Price
Rs 52 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
Swastika Investmart LtdIssue Size
13,80,000 Equity Shares of Rs 10/- each at a price of 52/- per share aggregating to 7.18 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Kalpeshkumar Ramanbhai Patel
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Solex Energy Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 6,54,000 | 6,54,000 | 13,08,000 |
Day 1 -22-01-17 | 5,12,000 0.78 x | 3,98,000 0.61 x | 9,10,000 0.70 x |
Day 2 -23-01-18 | 9,02,000 1.38 x | 15,10,000 2.31 x | 24,12,000 1.84 x |
Day 3 -24-01-18 | 11,60,000 1.77 x | 37,02,000 5.66 x | 48,62,000 3.72 x |
Day 4 -25-01-18 | 1,01,38,000 15.50 x | 1,62,94,000 24.91 x | 2,64,32,000 20.21 x |
Frequently Asked Questions about Solex Energy Limited IPO IPO
When will Solex Energy Limited IPO open for subscription?
The Solex Energy Limited IPO opens on 22 Jan, 2017 and closes on 25 Jan, 2017.
What is the investors portion for Solex Energy Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 654000.
How to apply for Solex Energy Limited IPO?
You can apply for Solex Energy Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Solex Energy Limited IPO?
The issue size of Solex Energy Limited IPO is approx ₹13,80,000 Equity Shares of Rs 10/- each at a price of 52/- per share aggregating to 7.18 Cr crores.
What is the price band of Solex Energy Limited IPO?
The price band for Solex Energy Limited IPO is Rs 52 Per Equity Share to ₹undefined.
What is the lot size of Solex Energy Limited IPO?
The minimum bid (lot size) for Solex Energy Limited IPO is 2000 shares with an investment of approx Rs 1,04,000/- ) .
What is the allotment date of Solex Energy Limited IPO?
The allotment date for Solex Energy Limited IPO is 1 Feb, 2017.
What is the listing date of Solex Energy Limited IPO?
The listing date for Solex Energy Limited IPO is expected to be 5 Feb, 2018.
What is the GMP of Solex Energy Limited IPO?
The latest Grey Market Premium (GMP) for Solex Energy Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.