
Solvex Edibles Ltd. 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. Solvex Edibles IPO will list on BSE SME with a tentative listing date fixed as Oct 1, 2025.
Solvex Edibles IPO price is ₹72.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,30,400.00 (3,200 shares) (based on upper price). The minimum lot size investment for 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 Date | September 22, 2025 to September 26, 2025 |
| Listing Date | October 1, 2025 |
| Face Value | ₹10 per share |
| Issue Price Final | ₹72 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 26,20,800 shares (aggregating up to ₹18.87 Cr) |
| Reserved for Market Maker | 1,31,200 shares JSK Securities & Services Pvt.Ltd. (aggregating up to ₹0.9446 Cr) |
| Net Offered to Public | 24,89,600 shares (aggregating up to ₹17.93 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 63,31,170 shares |
| Share Holding Post Issue | 89,51,970 shares |
Solvex Edibles IPO offers total 26,20,800 shares. Out of which 12,44,800 (47.50%) allocated to NII 12,44,800 (47.50%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,31,200 (5.01%) |
| NII (HNI) Shares Offered | 12,44,800 (47.50%) |
| Retail Shares Offered | 12,44,800 (47.50%) |
| Total Shares Offered | 26,20,800 (100.00%) |
Solvex Edibles IPO opens on September 22, 2025, and closes on September 26, 2025.
| IPO Open Date | Mon, Sep 22, 2025 |
| IPO Close Date | Fri, Sep 26, 2025 |
| Tentative Allotment | Mon, Sep 29, 2025 |
| Initiation of Refunds | Tue, Sep 30, 2025 |
| Credit of Shares to Demat | Tue, Sep 30, 2025 |
| Tentative Listing Date | Wed, Oct 1, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Sep 26, 2025 |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | ||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 23.69% |
| ROCE | 24.51% |
| RoNW | 20.28% |
| PAT Margin | 3.02% |
| EBITDA Margin | 8.26% |
| Price to Book Value | 2.56 |
| Market Capitalization | 64.45 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 6.46 | 4.57 |
| P/E (x) | 11.15 | 15.76 |
The Company Solvex Edibles IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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 |
[Dilip Davda] SEL is in the business of manufacturing, distribution, marketing and selling of solvent extracted Rice Bran Oil and other by-products. Based on standalone financial data, it marked inconsistency in its top lines for the reported periods, but posted improved bottom lines. On consolidated basis, it marked growth in its top and bottom lines for the last two fiscals, however, boosted profits for FY25 appears to be a window dressing for fancy valuations. Based on its recent financial data, the issue appears aggressively priced. Small paid-up equity post-IPO indicates longer gestation period for migration. The Lead Manager has a poor track record. There is no harm in skipping this pricey and “High Risk/Low Return” bet. Read detail review...
| Listing Date | October 1, 2025 |
| BSE Script Code | 544539 |
| NSE Symbol | |
| ISIN | INE1IIQ01028 |
| Final Issue Price | ₹72 per share |
| BSE Listing Group | MT (Trade to Trade) |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹72.00 |
| Open | ₹61.37 |
| Low | ₹61.37 |
| High | ₹61.37 |
| Last Trade | ₹61.37 |
Solvex Edibles Ltd.
Kemri Road,
Rampur,
Bikapur, Uttar Pradesh, 244921
Phone: +91-9837008895
Email: info@solvexedibles.in
Website: http://www.solvexedibles.in/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Solvex Edibles IPO is a SME IPO of 26,20,800 equity shares of the face value of ₹10 aggregating up to ₹18.87 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600.
The IPO opens on September 22, 2025, and closes on September 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 September 22, 2025 and closes on September 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 Tuesday, September 30, 2025. Check the Solvex Edibles IPO allotment status.
The Solvex Edibles IPO listing date is on Wednesday, October 1, 2025.
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