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Insolation Energy Limited

Bookbuilding IPO · BSE

Price band
₹38 - ₹38
Lot size
3,000 shares
Issue amount
₹22.16 cr
Total subscription
192.79×
Current price₹70.55
Listing price ₹76.1
Watch live price ↗
Opens
26 Sept 2022
Closes
29 Sept 2022
Allotment
4 Oct 2022
Listing
10 Oct 2022

Offer at a glance

Issue overview

Issue size
58,32,000 shares
Face value
₹10 per share
Minimum investment
₹1,14,000
Fresh issue
₹0 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
BSE
Maximum investment
₹1,14,000
Issue type
Bookbuilding IPO
Shares before issue
2,08,32,000
Shares after issue
1,50,00,000

Lot sizes

CategoryLotsSharesAmount
RETAIL13,000₹1,14,000
HNI26,000₹2,28,000

Share reservation

Market Maker5.04%
NII (HNI)47.48%
RETAIL47.48%

Subscription & GMP

Subscription by category

Total subscribed192.79×

Subscription figures are awaiting publication.

GMP history

0193827 Mar: ₹3827 Nov: ₹38
27 Mar₹3827 Nov

Application-wise demand

CategoryReserved applicationsApplied applications
——

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
010,00020,00030,000Mar-22 · Revenue: 21,539.13Mar-22 · Profit after tax: 692.2Mar-22 Mar-21 · Revenue: 16,272.92Mar-21 · Profit after tax: 689.72Mar-21 Mar-20 · Revenue: 8,879.37Mar-20 · Profit after tax: 309.25Mar-20
RevenueProfit after tax

Company information

Company profile

Incorporated in 2015, Insolation Energy Ltd is engaged in the manufacturing of high-efficiency solar panels and modules, operating a 200 MW SPV module manufacturing unit in Jaipur spread over 60,000 sq. ft with advanced machinery. The company’s business includes solar PV module manufacturing and trading of Solar Power Conditioning Units (PCUs) and tall tubular lead-acid batteries, which store energy generated from solar panels. Additionally, Insolation Energy provides integrated solar energy solutions through engineering, procurement, and construction (EPC) services, and has established a geographically diversified presence in India via a network of over 30 distributors.

Promoters

Mr. Manish Gupta

Mr. Vikas Jain

Registrar & documents

Lead manager

Holani Consultants Private limited

Registered office

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

+91– 9116122139

[email protected]Company website ↗

Understanding INA IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.