Insolation Energy Limited
September 26, 2022 – September 29, 2022
| Price | ₹38 - ₹38 |
| Premium | ₹38 |
|---|---|
| Lot size | 3000 |
| Allotment | Oct 4, 2022 |
| Listing | Oct 10, 2022 |
Live Rate
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Subscription
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 150.02 |
| Retail Investors | 235.55 |
| Employees | [.] |
| Others | [.] |
| Total | 192.79 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 3000 | 114000 | 0 |
| HNI | 2 | 6000 | 228000 | 0 |
subject to 100000 one lac
Incorporated in 2015, 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.
The business areas are as under:
i. Solar PV module manufacturing; and
ii. Solar Power Conditioning Unit (PCU) and Lead Acid Batteries trading
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.
Insolation Energy Ltd has successfully established a geographically diversified presence in India through an extensive distributor network of 30+ distributors.
Company Financials
| Period Ended | Total Revenue | Profit After Tax |
|---|---|---|
| 31-Mar-20 | 8879.37 | 309.25 |
| 31-Mar-21 | 16272.92 | 689.72 |
| 31-Mar-22 | 21539.13 | 692.2 |
| Amount in ₹ Lakhs | ||
Issue : 58,32,000 Shares
Issue size : ₹22.16 Cr
HNI : 50%
HNI Shares : 27,69,000 Shares
Retail : 50%
Retail Shares : 27,69,000 Shares
Retail Forms : 923
Strength
Weakness
Lead Manager(s)
Address
Insolation Energy Limited
G-25, City Centre,
Sansarchand Road,
Near MI Road, Jaipur, Rajasthan
Phone: +91– 9116122139
Email: cs@insolationenergy.in
Website: https://insolationenergy.in/