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Insolation Energy SME IPO Date, Review, Price Band & Market Lot

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Copy of Harsha Engineers IPO GREY MARKET PREMIUM 2022 09 20T170106.405
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Insolation Energy SME IPO is the next big SME IPO which will open on 26th September 2022 and will close on 29th September 2022. The company is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The Insolation Energy IPO price band is fixed at ₹36 to ₹38 with a market lot of 3000 shares. This SME IPO is in high demand and it is expected to give amazing returns to the investors.

The Company is mainly involved in two business areas which are, Solar PV module manufacturing and Solar Power Conditioning Unit (PCU) and Lead Acid Batteries trading. Insolation Energy Ltd has successfully established a geographically diversified presence in India through an extensive distributor network of 30+ distributors.

Insolation Energy SME IPO Review :

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Insolation Energy SME IPO Review

Insolation Energy SME IPO Date & Price Band :

 IPO Open:Sep 26, 2022
 IPO Close:Sep 29, 2022
 IPO Size:₹22.16 Crores
 Price Band:₹36 to ₹38 per share
 Listing on:BSE SME
 Retail Portion:50% of the net offer
 Equity:3000 shares
Face Value: ₹10 per share

Insolation Energy SME IPO Market Lot:

  • Shares: Minimum 3000 shares
  • Minimum Amount: ₹114,000
  • Maximum Amount: ₹114,000

Insolation Energy SME IPO Allotment & Listing:

  • Basis of Allotment: Oct 4, 2022
  • Refunds: Oct 6, 2022
  • Credit to Demat accounts: Oct 7, 2022
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  • Listing: Oct 10, 2022

Insolation Energy IPO Form Download:

You can apply for Insolation Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. You can download the Insolation Energy SME IPO forms from BSE IPO Forms website.

Insolation Energy Financial:

Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-202642.448879.37309.25
31-Mar-215045.0416272.92689.72
31-Mar-226668.0321539.13692.2

Peer Group

  • Swelect Energy System Limited
  • Waa Solar Limited
  • Websol Energy System Limited

Company Promoters

  • Mr. Manish Gupta
  • Mr. Vikas Jain

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Objectives of the SME IPO

  1. Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
  2. Funding long-term working capital requirements.
  3. General corporate purposes.

Insolation Energy SME IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttp://www.bigshareonline.com

Insolation Energy IPO Lead Managers:

  1. First Overseas Capital Limited (Past IPO Performance)

Company Address:

Insolation Energy Limited
G-25, City Centre,
Sansarchand Road,
Near MI Road, Jaipur, Rajasthan
Phone: +91– 9116122139
Email: [email protected]
Website: https://insolationenergy.in/

What is Insolation Energy IPO Open Date for QIB, NII, and Retail?

Insolation Energy IPO will open on Sep  26, 2022

Insolation Energy IPO Size?

Insolation Energy IPO size is Approx ₹22.16 Crores

Insolation Energy IPO Price Band?

Insolation Energy IPO Price Band is ₹36 to ₹38 per share

Insolation Energy IPO Minimum Lot Size?

The minimum bid is 1000 Shares with ₹3000 shares

What is Insolation Energy IPO Allotment Date?

Insolation Energy IPO allotment date is Oct 4, 2022

What is Insolation Energy IPO Listing Date?

Insolation Energy IPO listing date is Oct 10, 2022. The IPO is to list on BSE SME

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