Solex Energy Limited - SME IPO

Incorporated in 2014, Solex Energy Limited a Anand, Gujarat-based company is engaged in the business of providing renewable energy solutions. It is specialized in the manufacturing of solar photovoltaic module, solar home light, solar street light, solar lantern, solar power plant, solar invertors, solar water heating systems and wood fired water heater, etc. The company has manufacturing facilities located at Anand from where it offers appliances in different specifications and customization, in accordance with the demand of its customers.

 
Solex Energy Limited has an ISO 14001:2015, ISO 9001:2015, OHSAS 18001:2007 and CE MARK CERTIFIED offering systems of high quality and reliability. Solex modules are TUV certified & tested by UL India Pvt. Ltd and comply in accordance with the standards.
 
Solex's product ranges from Solar PV Module (3WP - 325 WP), Solar Lanterns (CFL & LED Base), Solar Home Light System (CFL & LED Base), Solar Street Light System (CFL & LED Base), Solar Off-Grid Power Plant (Solar Rooftop Systems), Solar Grid Connected Power Plant, Solar Water Heater Flat Plant Collector, Solar Water Heater ETC Type, Solar Submersible Pump (AC & DC), Solar Surface Pump (DC). It also provides solution for solar roof top system, solar home and rural lighting system, solar power pack and solar power plant.

 Solex Energy Limited SME IPO Issue Details

Solex Energy Limited - SME - IPO

 Issue Open

 Jan 22, 2018 - Jan 25, 2018. 

 Issue Price  Rs.52 Per Equity Share
 Market Lot  2000 Shares 
 Minimum Order  Quantity  2000 Shares 
 Issue Size  1,380,000 Equity Shares of Rs 10 aggregating up to Rs 7.18 Cr
 Face Value  Rs 10/-
 Listing At  NSE SME


Company Promoters:

The promoters of the company are:

Mr. Kalpeshkumar Ramanbhai Patel

Objects of Solex Energy Limited SME IPO Issue:

Objects of the Issue:

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue Expenses

How to Apply for Solex Energy Management Limited SME IPO:

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