Solvex Edibles Limited, originally incorporated in 2013 as Solvex Edibles Private Limited in Uttarakhand, is engaged in the manufacturing, distribution, marketing, and sale of Physically Refined Rice Bran Oil and related by-products. Converted into a public limited company in 2024, the company has built its operations around supplying high-quality edible oils and De-oiled Cakes (Rice Bran and Mustard) to FMCG companies, catering to their large-scale requirements. In addition to edible oils, Solvex Edibles produces De-oiled Rice Bran (DORB), a key by-product widely used in cattle feed, poultry feed, and fish feed industries, thereby diversifying its revenue streams. The company does not market products under its own consumer brand, instead strategically focusing on bulk supply to FMCG players, strengthening its position in the B2B segment. With an emphasis on quality, efficiency, and a broad product range, Solvex Edibles Limited is positioned to grow in India’s edible oil and agro by-products sector.
Price Band₹72 |
Dates22 Sep - 24 Sep |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹18.87 Crs |
Solvex Edibles IPO Objects
- To Finance the Capital Expenditure for purchase of Plant and Machinery
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company
- To meet General Corporate Purposes
Solvex Edibles IPO Details
Price Band₹72 |
Listing AtBSE SME |
IPO Issue TypeFixed Price |
Fresh Issue₹18.87 Cr (0.26 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹18.87 Cr (0.26 Cr Shares) |
Face Value₹10 per equity share |
Solvex Edibles IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
3,200
2,30,400
Maximum
2
3,200
2,30,400
|
|||
| Others |
Minimum
3
4,800
3,45,600
|
|||
Solvex Edibles IPO GMP
The estimated Grey Market Premium of Solvex Edibles IPO is ₹0 per share (0.00%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| Individual Investor | 50% of Net Offer |
| Others | 50% of Net Offer |
| Market Maker | 1,31,200 EQ Shs |
Solvex Edibles IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 74.71 | 71.27 | 93.03 |
| Profit after Tax | 2.84 | 0.99 | 0.34 |
| Net Worth | 18.90 | 14.34 | 3.86 |
| Total Borrowing | 17.67 | 16.41 | 12.05 |
| Total Assets | 42.18 | 37.51 | 22.72 |
| NAV per share (in ₹) | 29.01 | 28.18 | 7.62 |
| EPS - Basic (in ₹) | 4.36 | 1.95 | 0.66 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 8.26% |
| PAT | 3.02% |
| ROE | 23.69% |
| ROCE | 24.51% |
| PE Ratio | 16.51 |
| PB Ratio | 2.48 |
| Mkt Cap (in Crs.) | 64.45 |
All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Solvex Edibles IPO Peer Comparision
Solvex Edibles IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Ashish Goel | 29.56% |
| Vishal Goel | 29.68% |
| Rashika Gupta | 37.07% |
| Others | 3.69% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Ashish Goel | Ashish Goel & MD |
| Jaideep Singh | CFO |
Company Details
Name: Solvex Edibles Limited
Address: Kemri Road, Rampur, Bilaspur,
Uttar Pradesh, India, 244921
Number: +91-9837008895
Email: info@solvexedibles.in
Website: www.solvexedibles.in
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Find answers to common questions that come in your mind related to IPO.
Solvex Edibles IPO is a SME IPO having an issue size of Rs. ₹18.87 Crs. Solvex Edibles IPO is priced at ₹72 - ₹72 per share. The issue opens on 22 Sep 25 and closes on 24 Sep 25.
Solvex Edibles IPO opens on 22 Sep 25 and closes on 24 Sep 25.
The estimated Grey Market Premium of Solvex Edibles IPO is ₹0 per share (0.00%).
The minimum lot size of Solvex Edibles IPO is 1600 shares & the minimum application amount is Rs. 115200.
The allotment date of Solvex Edibles IPO is 25 Sep 25.
The listing date of Solvex Edibles IPO is 27 Sep 25.
Solvex Edibles IPO is subscribed -.
Solvex Edibles IPO is priced at ₹72 - ₹72 per share.
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