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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Solvex Edibles Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹72
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,15,200
Issue Size
₹18.87 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
70.72%
Issue Type
Fixed Price - SME
ISIN
INE1IIQ01028
We are in the business of manufacturing, distribution, marketing and selling of Physically Refined Rice Bran Oil and other by products such as De-oiled Cakes - Rice Bran, Rice Bran and Mustared Oil, Mustard Cakes, Deoiled Mustared Cakes. We manufacture and sell Rice Bran Oil Deoiled Cakes - Rice Bran, Rice Bran, Mustared Oil, Mustard Cakes and Deoiled Mustared Cakes to FMCG companies. We don't manufacture, market and sell our products under our own brands.
Oilseeds and edible oils are two of the most sensitive essential commodities. India is one of the largest producer of oilseeds in the world and this sector occupies an important position in the agricultural economy, accounting for the estimated production of 39.59 million tons of nine cultivated oilseeds during the year 2023-24 (November-October) as per 3rd Advance Estimates released by the Ministry of Agriculture on 04.06.2024. India contributes about 5-6% of the world oilseeds production. Export of oil meals, oilseeds and minor oils was about 3.46 million tons in the financial year 2022-23 valued at Rs 14,609 crores. India is fortunate in having a wide range of oilseeds crops grown in its different agro climatic zones. Groundnut, mustard/rapeseed, sesame, safflower, linseed, niger seed, castor are the major traditionally cultivated oilseeds. Soyabean and sunflower have also assumed importance in recent years. Coconut is most important amongst the plantation crops. Efforts are being made to grow oil palm in Andhra Pradesh, Karnataka, Tamil Nadu and North- Eastern parts of the country in addition to Kerala and Andaman & Nicobar Islands. Among the non-conventional oils, rice bran oil and cottonseed oil are the most important. In addition, oilseeds of tree and forest origin, which grow mostly in tribal inhabited areas, are also a significant source of Oils. Figures pertaining to estimated production of major cultivated oilseeds, availability of edible oils from all domestic sources (from Domestic and Import Sources) during the last ten years are as under:
Revenue, profit after tax and total assets across the last 2 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of up to 26,20,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of Solvex Edibles Limited ("Company" or the "Issuer") for cash at a price of Rs. 72.00/- per equity share including a share premium of Rs. 62.00/- per equity share (the "Issue Price") aggregating to Rs. 18.87 crores ("the Issue") of which up to 1,31,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72.00/- per equity share including a share premium of Rs. 62.00/- per equity share aggregating to Rs. 0.94 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e net issue of 24,89,600 equity shares of face value of Rs. 10/- each at a price of Rs. 72.00/- per equity share including a share premium of Rs. 62.00/- per equity share aggregating to Rs. 1,7.93 crores (the "Net Issue"). The issue and the net issue will constitute up to 29.28% and 27.81% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 72/- for equity share of face value of Rs. 10 each. The floor price is 7.20 times times the face value and cap price of the face value of the equity shares. Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated at Uttarakhand as "Solvex Edibles Private Limited" on 23rd September, 2013 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Uttarakhand. Consequent upon the conversion of our Company to public limited company, the name of our Company was changed to "Solvex Edibles Limited" vide fresh certificate of incorporation dated 30th September, 2024 issued by the Central Processing Centre, Manesar, Gurugram, Haryana, 122050, India.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY25 to FY26.