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Company Highlights

Insolation Energy Limited
About the Company

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 tradingIn 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.

Objective of the Issue

(a)    Funding the Working capital requirements of the Company
(b)    General corporate purposes.

Company Promoters

Mr. Manish Gupta and Mr. Vikas Jain are the company promoters.

Financial Highlights

Particulars
31-Mar-22 (Rs. in Lakhs)
31-Mar-21 (Rs. in Lakhs)
31-Mar-20 (Rs. in Lakhs)
Total Assets
6,668.03
5,045.04
2,642.44
Total Revenue
21,539.13
16,272.92
8,879.37
Profit After Tax
692.2
689.72
309.25
Reserves and Surplus
711.97
1269.77
580.05

Issue Summary:

Issue Size (Net)
Up to Rs. 22.16 Cr
Face Value
Rs.10 per equity share
Bid Lot
3000 equity share & multiple shares
Price Band
Rs. 36 to Rs. 38 per equity share
Issue Opening Date
26-Sep-22
Issue Closing Date
29-Sep-22
Listing On
BSE
Registrar
Bigshare Services Pvt Ltd

IPO Tentative Timetable

IPO Open Date
26-Sep-22
IPO Close Date
29-Sep-22
Basis of Allotment Date
04-Oct-22
Initiation of Refunds
06-Oct-22
Credit of Shares to Demat Account
07-Oct-22
IPO Listing Date
10-Oct-22

Insolation Energy IPO Lot Size

The Insolation Energy IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or Rs.114,000).
Application Lots Shares Amount
Retail (Min) 1 3000 Rs.114,000
Retail (Max) 1 3000 Rs.114,000

Prospectus

Prospectus File

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Security

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