Solvex Edibles Limited
Fixed Price IPO · BSE
- Price band
- ₹72 - ₹72
- Lot size
- 1,600 shares
- Issue amount
- ₹18.87 cr
- Total subscription
- 0.46×
- Opens
- 22 Sept 2025
- Closes
- 24 Sept 2025
- Allotment
- 29 Sept 2025
- Listing
- 1 Oct 2025
Offer at a glance
Issue overview
- Issue size
- 26,20,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,15,200
- Fresh issue
- ₹18.87 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,15,200
- Issue type
- Fixed Price IPO
- Shares before issue
- 63,31,170
- Shares after issue
- 89,51,970
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 3,200 | ₹2,30,400 |
| sHNI | 3 | 4,800 | ₹3,45,600 |
Share reservation
Subscription & GMP
Subscription by category
Reported 24 Sept 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| NIB | 0 | 33 |
| RETAIL | 389 | 42 |
| HNIs (2-10L) | 259 | 1 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 8.96 | 0 |
| RETAIL | 8.96 | 4.15 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 6.46 |
| ROE | 23.69 |
| ROCE | 24.51 |
| RONW | 20.28 |
| PRE IPO(PE) | 11.15 |
| POST IPO(PE) | 15.76 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Waaree Energies Limited | 55.02 | 3739.15 | 10 | 158.13 | 19.48 | 68.24 |
| Saatvik Green Energy Limited | NA | NA | 2 | 30.14 | 63.41 | 19.09 |
| Premier Energies Limited | 49.96 | 1066.7 | 1 | 15.33 | 33.14 | 21.35 |
Company information
Company profile
Solvex Edibles Limited, incorporated in 2013, manufactures, distributes, and sells Solvent Extracted Rice Bran Oil and related by-products like de-oiled cakes, rice bran, mustard oil, and mustard cakes. Serving FMCG companies across 18 states in India, the company produces Rice Bran Oil using solvent extraction at its Kemri, Bilaspur facility, which spans 12,140 sq meters and has a processing capacity of 200 TPD. Its product range includes de-oiled mustard/rapeseed cakes and de-oiled rice bran cakes for cattle, poultry, and fish feed, as well as crude rice bran oil for refineries. As of September 16, 2025, Solvex Edibles employed 40 people.
Strengths
- Strategic Manufacturing Base – Facility in Kemri, Bilaspur (U.P.) spread over 12,140 sq. meters enables wide supply and distribution across India.
- Strong Raw Material Access – Proximity to rice and mustard mills in U.P. (India’s 2nd largest rice producer) ensures abundant and cost-effective raw material supply.
- Experienced Leadership Team – Promoters and senior management bring strong industry expertise with focus on quality, long-term relationships, and customer expansion.
Risk factors
- Ongoing Legal Cases – Pending litigations against the company, subsidiaries, promoters, or directors may impact reputation, business, and financial performance.
- High Customer Dependence – Heavy reliance on a few key customers; losing them could adversely affect revenue and operations.
- Product Concentration Risk – Major revenue depends on Rice Bran Oil; any drop in demand or production could hurt business and financial health.
Promoters
Mr. Ashish Goel
Mr. Vishal Goel
Mrs. Rashika Gupta
Mr. Brij Bhushan Goel
Registrar & documents
Lead manager
Corporate Makers Capital Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Kemri Road, Rampur, Bikapur, Uttar Pradesh, 244921
+91-9837008895
[email protected]Company website ↗Understanding SOLVEX 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.