Fixed Price IPO | ₹19 Cr | Listed at BSE SME | Mon, Sep 22, 2025 - Fri, Sep 26, 2025
Solvex Edibles IPO is a fixed price issue of ₹18.87 crores. The issue is entirely a fresh issue of 0.26 crore shares of ₹18.87 crore.
Solvex Edibles IPO bidding started from Sep 22, 2025 and ended on Sep 26, 2025. The allotment for Solvex Edibles IPO was finalized on Sep 29, 2025. The shares got listed on BSE SME on Oct 1, 2025.
Solvex Edibles IPO price is ₹72 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,30,400 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,45,600.
Corporate Makers Capital Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is JSK Securities & Services Pvt.Ltd..
Refer to Solvex Edibles IPO DRHP for detailed Information.
IPO Open
Mon, Sep 22, 2025
IPO Close
Fri, Sep 26, 2025
Issue Price
₹72 per share
Market Cap (Pre-IPO)
₹64.45 Cr
| IPO Date | 22 to 26 Sep, 2025 |
| Listed on | Wed, Oct 1, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹72 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 26,20,800 shares (agg. up to ₹19 Cr) |
| Reserved for Market Maker | 1,31,200 shares JSK Securities & Services Pvt.Ltd. (agg. up to ₹0.9446 Cr) |
| Fresh Issue (Ex Market Maker) | 24,89,600 shares (agg. up to ₹18 Cr) |
| Net Offered to Public | 24,89,600 shares (agg. up to ₹18 Cr) |
| Share Holding Pre Issue | 63,31,170 shares |
| Share Holding Post Issue | 89,51,970 shares |
| BSE Script Code | 544539 |
| ISIN | INE1IIQ01028 |
Solvex Edibles IPO comprises a total issue size of 26,20,800 shares. The net offer to the public is 24,89,600 shares, after excluding 1,31,200 shares allotted on a firm basis. Of the Net offer 12,44,800 (50.00%) allocated to NII 12,44,800 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 12,44,800 | 50.00% | 47.50% |
| Retail Shares Offered | 12,44,800 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,31,200 | 5.01% | |
| Total Shares Offered | 26,20,800 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,30,400 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,30,400 |
| HNI (Min) | 3 | 4,800 | ₹3,45,600 |
Incorporated in 2013, Solvex Edibles Limited is engaged in the business of manufacturing, distribution, marketing and selling of Solvent Extracted Rice Bran Oil and other by products such as De-oiled Cakes - Rice Bran, Rice Bran and Mustared Oil, Mustard Cakes, Deoiled Mustared Cakes.
The company supplies Solvex Extracted Rice Bran Oil Deoiled Cakes, Rice Bran, Mustard Oil, Mustard Cakes, and Deoiled Mustard Cakes to various FMCG companies across India. The company currently sells its products in 18 states.
The company manufactures Rice Bran Oil using solvent extraction from crude rice bran. The facility is located in Kemri, Bilaspur, Uttar Pradesh, covering 12,140 sq meters, enabling nationwide distribution.
With a processing capacity of 200 TPD, the plant includes an extraction division for integrated production and processing of Rice Bran Oil.
Product Portfolio:
Solvex Edibles Ltd.'s revenue increased by 90% and profit after tax (PAT) rose by 305% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 92.05 | 89.36 |
| Total Income | 136.46 | 71.94 |
| Profit After Tax | 4.09 | 1.01 |
| EBITDA | 11.19 | 3.02 |
| NET Worth | 20.17 | 14.36 |
| Reserves and Surplus | 13.84 | 10.94 |
| Total Borrowing | 57.94 | 55.66 |
| Amount in ₹ Crore | ||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To finance the Capital expenditure towards acquisition of new Plant and Machinery at existing plant of the Company | 8.31 |
| 2 | Repayment in full or in part, of certain of the outstanding borrowings | 5.90 |
| 3 | To meet General corporate purposes | 2.79 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 23.69% |
| ROCE | 24.51% |
| RoNW | 20.28% |
| PAT Margin | 3.02% |
| EBITDA Margin | 8.26% |
| Price to Book Value | 2.56 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.46 | 4.57 |
| P/E (x) | 11.15 | 15.76 |
| Promoter Holding | 100% | 70.72% |
| Market Cap | ₹64.45 Cr. |
The Solvex Edibles IPO is subscribed 1.02 times on September 26, 2025 5:05:35 PM (Day 5). The public issue subscribed 0.73 times in the individual investors category, [.] times in the QIB category, and 1.31 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| NII* | 1.31 | 12,44,800 | 16,32,000 | 0 |
| Individual Investor | 0.73 | 12,44,800 | 9,05,600 | 0 |
| Total | 1.02 | 24,89,600 | 25,37,600 | 344 |
Total Applications: 344
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees, Underwriting Fees selling commissions, brokerages, Payment to other intermediaries such as Legal Advisors, Registrars etc. | 1.70 |
| 2 | Printing & Stationery, Distribution, Postage, etc. | 0.04 |
| 3 | Advertisement & Marketing Expenses | 0.04 |
| 4 | Regulatory & other expenses | 0.10 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹72.00 |
| Open | ₹68.00 |
| Low | ₹64.60 |
| High | ₹68.00 |
| Last Trade | ₹64.60 |
Lead Manager Reports
Solvex Edibles IPO is a SME IPO of 26,20,800 equity shares of the face value of ₹10 aggregating up to ₹19 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600.
The IPO opens on Mon, Sep 22, 2025, and closes on Fri, Sep 26, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Solvex Edibles IPO using UPI as a payment gateway. Zerodha customers can apply in Solvex Edibles IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Solvex Edibles IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Solvex Edibles IPO opens on Mon, Sep 22, 2025 and closes on Fri, Sep 26, 2025.
Solvex Edibles IPO lot size is 1600, and the minimum amount required for application is ₹2,30,400, with 2 lots being the minimum application size.
You can apply in Solvex Edibles IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Solvex Edibles IPO will be done on Monday, September 29, 2025, and the allotted shares will be credited to your demat account by Tue, Sep 30, 2025. Check the Solvex Edibles IPO allotment status.
The Solvex Edibles IPO listing date is on Wed, Oct 1, 2025.
