Issue Price
₹38
Per Share
GMP
NIL
Grey Market
Est. Listing
₹38
Expected Price
Min. Application
₹228,000
2 lots × 3000 shares
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; andii. Solar Power Conditioning Unit (PCU) and Lead Acid Batteries tradingIn 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.
Insolation Energy Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 294,000 | — | ₹1.12 Cr | — |
| TOTAL | 5,832,000 | 100.00% | ₹22.16 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹114,000 |
| Retail (Max) | 13 | 39,000 | ₹1,482,000 |
| sNII (Min) | 14 | 42,000 | ₹1,596,000 |
| bNII (Min) | 68 | 204,000 | ₹7,752,000 |
| Particulars | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue from Operations | 8879.37 | 16272.92 | 21539.13 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 309.25 | 689.72 | 692.20 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 2642.44 | 5045.04 | 6668.03 |
| Reserves & Surplus | 580.05 | 1269.77 | 711.97 |
| Total Borrowings | N/A | N/A | N/A |