Insolation Energy IPO Date, Review, and Details
Insolation Energy is bringing its IPO on 26 September and the IPO will close on 29 September.
Insolation Energy is a solar panel manufacturing company in India specializing in the production of high-efficiency solar PV modules based in Jaipur, Rajasthan.
Insolation Energy is a top 10 solar panel brand in India, the company manufactures the best utility-scale solar panels. As a leading solar power company, the objective of the company is to provide clean and green electricity at an affordable cost to all.
Jaipur (Rajasthan) Established in October 2015 in India, Insolation Energy Limited (INA) is a national solar energy provider and has set up a state-of-the-art fully automatic solar PV module manufacturing plant in Jaipur.
Insolation Energy Limited (INA) is run by first-generation entrepreneurs Mr. Manish Gupta and Mr. Vikas Jain, who have more than 20 years of rich experience in various sectors like Steel, Industrial Pipeline Accessories, Real Estate, and Healthcare. INA and its group of companies have a good track record of profitable operations over the last 20 years with a turnover of around Rs. 250 crore
The most advanced 100MW Solar PV module manufacturing unit, which caters to high-efficiency PV modules in the range of 40Wp to 465Wp. The company portfolio includes Poly and Mono Crystalline Modules and Twin Power, BIPV, Poly, Dual Glass, MONO, and MONO PERC new innovative products.
The company’s solar panel manufacturing unit is spread over 65,000 square meters.
In five years, we have emerged as a leading Solar Manufacturer in India, a significant player in the areas of EPC/Solar Developer domain, and a strong brand with a successful track record.
Being a leading manufacturer of solar products in India, Insolation energy produces high-quality Solar PV Modules, Solar PCU, Solar Batteries, and Solar Charge controllers to promote sustainable development.
What are the solar products sold by Insolation Energy Limited?
Being a leading manufacturer of solar products in India, Insolation energy produces high-quality Solar PV Modules, Solar PCU, Solar Batteries, and Solar Charge controllers to promote sustainable development.
What is the official website of Insolation Energy Limited?
Insolation Energy Official Website is https://insolationenergy.in/
What is the registered address of Insolation Energy?
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/
Insolation Energy IPO Financial Information
| Period Ended | Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|---|
| 31-Mar-20 | 2642.44 | 8879.37 | 309.25 | |
| 31-Mar-21 | 5045.04 | 16272.92 | 689.72 | |
| 31-Mar-22 | 6668.03 | 21539.13 | 692.2 | |
| Amount in ₹ Lakhs | ||||
Insolation Energy IPO Date & Price Band
| IPO Open: | September 26, 2022 |
| IPO Close: | September 29, 2022 |
| IPO Size: | Approx ₹22.16 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | Rs.36 to Rs.38 per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
Insolation Energy IPO Market Lot
The Insolation Energy IPO minimum market lot is 3000 shares with a ₹114,000 application amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹114,000 |
| Retail (Max) | 1 | 3000 | ₹114,000 |
Insolation Energy IPO Allotment & Listing Dates
The IPO date is September 26 and the IPO close date is September 29, 2022. The IPO allotment date is October 4 and the Maks Energy IPO listing on October 10, 2022.
| Event | Date |
|---|---|
| Opening Date | Sep 26, 2022 |
| Closing Date | Sep 29, 2022 |
| Basis of Allotment | Oct 4, 2022 |
| Initiation of Refunds | Oct 6, 2022 |
| The credit of Shares to Demat | Oct 7, 2022 |
| IPO Listing Date | Oct 10, 2022 |
Insolation Energy Company Promoter
Mr. Manish Gupta and Mr. Vikas Jain are the company promoters.
Insolation Energy Limited Company Registrar
Phone: +91-22-6263 8200
Email: ipo@holaniconsultants.co.in
Website: http://www.bigshareonline.com
Insolation Energy Limited IPO Lead Managers
Holani Consultants Private Limited
What is Insolation Energy Limited?
Insolation Energy IPO is a BSE SME IPO. They are going to raise ₹22.16 Crores via IPO. The issue is a price range of ₹36 to ₹38 per equity share. The IPO is to be listed on BSE.
When will Insolation Energy Limited IPO open?
The IPO will open on September 26, 2022, for NII, QIB, and Retail Investors.
What is Insolation Energy Limited Investors Portion?
The investors’ portion for QIB is 15%, NII is 50%, and Retail is 35%.
What is Insolation Energy Limited IPO Size?
The IPO size is ₹22.16 crores.
What is Insolation Energy Limited IPO Price Band?
The IPO Price range of ₹36 to ₹38 per equity share.
What is Insolation Energy Minimum and Maximum Lot Size?
The IPO bid is 3000 shares with ₹114,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹114,000 |
| Retail (Max) | 1 | 3000 | ₹114,000 |
What is Insolation Energy IPO Allotment?
The IPO allotment date is October 4, 2022.
What is Insolation Energy IPO Listing?
The IPO listing date is October 10, 2022. The IPO to list on BSE SME.
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