Solvex Edibles Limited IPO

Solvex Edibles Limited IPO

SME BSE SME Fixed Price
Closed

Price Band

₹72

Total Issue

₹18.87 Cr

Bid Dates

22 Sep - 24 Sep

Subscription

-

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Solvex Edibles Limited, originally incorporated in 2013 as Solvex Edibles Private Limited in Uttarakhand, is engaged in the manufacturing, distribution, marketing, and sale of Physically Refined Rice Bran Oil and related by-products. Converted into a public limited company in 2024, the company has built its operations around supplying high-quality edible oils and De-oiled Cakes (Rice Bran and Mustard) to FMCG companies, catering to their large-scale requirements. In addition to edible oils, Solvex Edibles produces De-oiled Rice Bran (DORB), a key by-product widely used in cattle feed, poultry feed, and fish feed industries, thereby diversifying its revenue streams. The company does not market products under its own consumer brand, instead strategically focusing on bulk supply to FMCG players, strengthening its position in the B2B segment. With an emphasis on quality, efficiency, and a broad product range, Solvex Edibles Limited is positioned to grow in India’s edible oil and agro by-products sector.

Lot Info

Lot Information for Solvex Edibles IPO
Category Lots Shares Amount
Individual (Min) 2 3,200 ₹2,30,400
Individual (Max) 2 3,200 ₹2,30,400
Others (Min) 3 4,800 ₹3,45,600
Market Maker
1,31,200 EQ Shs
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹18.87 Cr
Fresh Issue
₹18.87 Cr (0.26 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹72
Est. Gain 0.00%

Solvex Edibles IPO Peer Comparison

There are no comparable listed peers in India as per the company

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Solvex Edibles IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 74.71 71.27 93.03
Profit after Tax 2.84 0.99 0.34
Net Worth 18.90 14.34 3.86
Total Borrowing 17.67 16.41 12.05
Total Assets 42.18 37.51 22.72
NAV per share (in ₹) 29.01 28.18 7.62
EPS - Basic (in ₹) 4.36 1.95 0.66

KPIs

EBITDA

8.26%

PAT

3.02%

ROE

23.69%

ROCE

24.51%

PE Ratio

16.51

PB Ratio

2.48

Mkt Cap (in Crs.)

64.45

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

100.00%

Public

0.00%

Ashish Goel 29.56%
Vishal Goel 29.68%
Rashika Gupta 37.07%
Others 3.69%

Management

Ashish Goel Ashish Goel & MD
Jaideep Singh CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 26 Sep 2025 | 05:00:00 PM

BSE SME Subscription Status for Solvex Edibles IPO
Category Sub (x) Offered Bids
Individual Investor 0.73x 12,44,800 9,05,600
Others 1.31x 12,44,800 16,32,000
Total 1.02x 24,89,600 25,37,600

Frequently Asked Questions

What is Solvex Edibles IPO?
Solvex Edibles IPO is a SME IPO having an issue size of ₹18.87 Crs. Solvex Edibles IPO is priced at ₹72 - ₹72 per share. The issue opens on 22 Sep 25 and closes on 24 Sep 25.
When will Solvex Edibles IPO open?
Solvex Edibles IPO opens on 22 Sep 25 and closes on 24 Sep 25.
What is the GMP of Solvex Edibles IPO?
The estimated Grey Market Premium of Solvex Edibles IPO is ₹0 per share (0.00%).
What is the lot size of Solvex Edibles IPO?
The minimum lot size of Solvex Edibles IPO is 1600 shares & the minimum application amount is Rs. 115200.
When is the allotment of Solvex Edibles IPO?
The allotment date of Solvex Edibles IPO is 25 Sep 25.
What is the listing date of Solvex Edibles IPO?
The listing date of Solvex Edibles IPO is 27 Sep 25.
What is the subscription of Solvex Edibles IPO?
Solvex Edibles IPO is subscribed -.
What is the price band of Solvex Edibles IPO?
Solvex Edibles IPO is priced at ₹72 - ₹72 per share.
How to check allotment status of Solvex Edibles IPO?
Click the allotment link on Solvex Edibles IPO page of IPO360.
How to apply Solvex Edibles IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Solvex Edibles IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Solvex Edibles IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Solvex Edibles IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date