Insolation Energy Limited IPO (Insolation Energy IPO)

Insolation Energy IPO 2022
Upcoming Insolation Energy IPO | New Insolation Energy IPO

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.

In addition to the manufacture of solar PV modules, the Company trades in Solar Power Conditioning Unit (PCU) which uses solar energy and power from the grid to charge batteries and tall tabular Lead Acid Batteries are used to store energy generated from the solar panels. The company is also an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services to our customers.

We have successfully established a geographically diversified presence in India through an extensive distributor network of 30+ distributors. Our local presence and distributor network along with our brand recognition, should ensure that we are well-placed to serve this growing market. In India, we have developed a significant client base purchasing our solar PV modules and EPC services. Our key domestic customers include Livguard Energy Technologies Pvt. Ltd., Livfast Batteries Pvt. Ltd., Shakti Pumps India Ltd., Microtek international P. Ltd., Zunroof Tech Pvt. Ltd. etc.

The business areas are as under:

  • Solar PV module manufacturing; and
  • Solar Power Conditioning Unit (PCU) and Lead Acid Batteries trading
Insolation Energy IPO

Competitive Strengths

  • Experienced key management personnel, project management and operations team with an excellent track record.
  • Strong relationships with customers, employees and other key stakeholders.
  • Strong growth and financial performance backed by an asset-light business model.
  • A dedicated design and engineering team focused on innovation and developing efficient and cost-effective engineering solutions.
  • Cordial relationship between management and labour.
  • Ability to provide EPC as supplemental value addition to our solar PV module manufacturing business.

Company Promoters

  • Mr. Manish Gupta
  • Mr. Vikas Jain

Company Financials

Particulars31 March 202231 March 202131 March 2020
Total Revenue21,539.1316,272.928,879.37
Total Expense20,609.8215,346.218,427.81
Profit Before Tax929.32926.71451.56
Profit After Tax692.20689.72309.25
Amount in ₹ Lakhs

Object Of The Issue

  • Funding the Working capital requirements of our Company; and
  • General corporate purposes.
Insolation Energy IPO
Issue Object

Insolation Energy IPO – Details

IPO Opening Date26 September 2022
IPO Closing Date29 September 2022
Issue TypeBook Built Issue IPO
Issue Size₹22.16 Crore
Face Value₹10 per equity share
IPO Price₹36 – ₹38
Market Lot3000 Shares
Min Order3000 Shares (1 Lot)
Listing AtBSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares OfferedNot more than 50% of the Net Offer
Retail Shares OfferedNot less than 35% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer

Insolation Energy IPO – Date Schedule

IPO Open Date26 September 2022
IPO Close Date29 September 2022
Basis of Allotment Date04 October 2022
Initiation of Refunds06 October 2022
Credit of Shares to Demat Account07 October 2022
IPO Listing Date10 October 2022

Insolation Energy IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum130001,14,000
Maximum130001,14,000

Insolation Energy IPO Promoter Holding

Pre Issue Share Holding97%
Post Issue Share Holding

Insolation Energy IPO Prospectus

Company Contact Information

Insolation Energy Limited

G-25, City Centre,
Sansarchand Road,
Near MI Road, Jaipur, Rajasthan

Phone: +91– 9116122139
Email: cs@insolationenergy.in
Websitehttps://insolationenergy.in/

Insolation Energy IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@holaniconsultants.co.in
Websitehttp://www.bigshareonline.com

Insolation Energy IPO Lead Manager(s)

1. Holani Consultants Private limited 

Insolation Energy IPO FAQs

Insolation Energy IPO FAQs
What is Insolation Energy IPO?

Insolation Energy IPO is a SME IPO. The issue is priced at ₹38 per equity share. The IPO is to be listed on BSE SME.
When Insolation Energy IPO will open?

The IPO is to open on 26 September 2022 for QIB, NII and Retail Investors.
What is Insolation Energy IPO Investors Portion?

The investors’ portion for QIB-50%, NII-15%, and Retail 35%.
How to Insolation Energy IPO?

You can apply 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.
How to Apply the Insolation Energy IPO through Angle One?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Insolation Energy”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One.
How to Apply the Insolation Energy IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Insolation Energy”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Insolation Energy IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Insolation Energy”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
How to Apply the Insolation Energy IPO through IIFL?

Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Insolation Energy”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL.
What is Insolation Energy IPO Size?

Insolation Energy IPO size is ₹22.16 crores.
What is Insolation Energy IPO Price Band?

Insolation Energy IPO Price Band is ₹38.
What is Insolation Energy IPO Minimum and Maximum Lot Size?

The minimum bid is 3000 Shares with ₹1,14,000 amount while the maximum bid is 3000 shares with ₹1,14,000.
What is the Insolation Energy IPO Allotment Date?

Insolation Energy IPO allotment date is 04 October 2022.
What is the Insolation Energy IPO Listing Date?

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