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Open
26 Sep 2022
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Close
29 Sep 2022
3
Allotment
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Listing
Mon, Oct 10, 2022
Price Band
₹36 to ₹38
Issue Size
58,32,000 shares (agg. up to ₹22 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Oct 10, 2022
Latest GMP
₹39
Est. Gain
102.63%
✦ AI Insight
GMP Trend
10-10-2022₹39Est. ₹77+102.63%
09-10-2022₹40Est. ₹78+105.26%
08-10-2022₹38Est. ₹76+100%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 188.55x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 66.68 | 50.45 | 26.42 |
| Total Income | 215.39 | 162.73 | 88.79 |
| Profit After Tax | 6.92 | 6.90 | 3.09 |
| NET Worth | 0.00 | 0.00 | 0.00 |
| Reserves and Surplus | 7.12 | 12.70 | 5.80 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working Capital Requirement of our Company | 15.45 |
| 2 | General corporate purposes | 4.64 |
About Insolation Energy IPO
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.+ Read More
Contact Details
Insolation Energy Ltd. AddressG-25, City CentreSansarchand RoadNear MI RoadJaipur, Rajasthan, 302001+91– 9116122139cs@insolationenergy.inVisit Website