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IPO Snapshot    
Solex Energy Ltd.
Issue Open Date 18-Jan-18  
Issue Closing Date 25-Jan-18  
Application Money 100  
Allotment Money  
Price Band 52 -  
Minimium Application No. 2000  
Issue Size (Shares) 1380000  
Market Lot 1.00  
Objective
The Net Proceeds from the Fresh Issue will be utilized towards the following objects:1. To Meet Working Capital Requirement2. General Corporate Purpose3. To Meet the Issue Expenses
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     10072000   NA  
Qualified Institutional Buyers     66000   NA  
Retail Individual Investors     16294000   NA  
Business Description
OVERVIEWIncorporated in 2014, Our Company is engaged providing renewable energy solutions, specialized in the manufacturing of Solarphotovoltaic module, solar home light, solar street light, solar lantern, solar power plant, solar invertors, solar water heatin
more...
Promoter's Holding
Total Share Capital   3479360  
Offered to Public   1380000  
Promoter's Holding (Pre-Issue)   97.73  
Promoter's Holding (Post-Issue)   70.43  
Address
Plot No. 131/ A
G I D C Estate
Phase I
Nr. Krimy Industries
Vithal Udyognagar ,
Gujarat ,
388121
Phone: 02692 230317
Email: cs@solex.co.in
Website: www.solex.in
Registrar
Skyline Financial Services Pvt Ltd
123
Vinoba Puri
Lajpat Nagar - II

New Delhi
Listed at
NSE
Lead Manager
Swastika Investmart Ltd.
Promoters
Kalpeshkumar Ramanbhai Patel
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