Key IPO Details
| Particulars |
Details |
| IPO Open Date |
September 22, 2025 |
| IPO Close Date |
September 24, 2025 |
| Listing Date |
September 29, 2025 |
| Face Value |
₹10 per equity share |
| Price Band |
₹72 per share |
| Issue Size |
Approx. ₹18.87 Crores |
| Fresh Issue |
Approx. ₹18.87 Crores |
| Offer for Sale |
– |
| Issue Type |
Fixed Price Issue |
| IPO Listing |
BSE SME |
| Retail Quota |
Up to 50% |
| QIB Quota |
0% |
| NII (HNI) Quota |
Up to 50% |
Market Lot Information
| Category |
Lot Size |
Shares |
Amount (₹) |
| Retail Minimum |
2 |
3,200 |
2,30,400 |
| Retail Maximum |
2 |
3,200 |
2,30,400 |
| S-HNI Minimum |
3 |
4,800 |
3,45,600 |
Important IPO Dates
| Event |
Date |
| IPO Opening |
September 22, 2025 |
| IPO Closing |
September 24, 2025 |
| Basis of Allotment |
September 25, 2025 |
| Refund Initiation |
September 26, 2025 |
| Demat Credit |
September 26, 2025 |
| Listing Date |
September 29, 2025 |
Promoters
- Ashish Goel
- Vishal Goel
- Rashika Gupta
- Brij Bhushan Goel
About the Company
Solvex Edibles Limited, founded in 2013, manufactures, distributes, markets, and sells rice bran oil and related by-products (De-oiled Cakes, Mustard Oil, etc.). Products are supplied to leading FMCG companies across India, currently present in 18 states. The company’s manufacturing facility is in Kemri, Bilaspur, UP, with a capacity of 200 TPD. Revenue has increased by 90% and PAT by 305% between FY2024 and FY2025.
Financial Performance
| Period Ended |
Revenue (₹ Cr) |
Expense (₹ Cr) |
PAT (₹ Cr) |
Assets (₹ Cr) |
| 2024 |
71.94 |
70.53 |
1.01 |
89.36 |
| 2025 |
136.46 |
130.55 |
4.09 |
92.05 |
Key Financial Ratios (FY2025)
| KPI |
Value |
| ROE |
23.69% |
| ROCE |
24.51% |
| EBITDA Margin |
8.26% |
| PAT Margin |
3.02% |
| Debt to Equity Ratio |
– |
| EPS (Basic) |
₹4.36 |
| P/E Ratio |
16.52 |
| RoNW |
15.02% |
| Net Asset Value (NAV) |
₹29.01 |
Peer Group Comparison
| Company |
EPS |
PE Ratio |
RoNW (%) |
NAV |
Income |
| Ramdevbaba Solvent Limited |
6.88 |
18.44 |
9.92% |
69.31 |
928.43 Cr. |
| M K Proteins Limited |
0.22 |
30.50 |
12.09% |
1.85 |
267.71 Cr. |
Purpose of the IPO
- Acquisition of new plant & machinery
- Repayment of borrowings
- General Corporate Purpose
Registrar & Contact Details
Registrar:
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Lead Manager:
Corporate Makers Capital Ltd.
Company Address:
Solvex Edibles Ltd.
Kemri Road, Rampur, Bikapur, Uttar Pradesh, 244921
Phone: +91-9837008895
Email: info@solvexedibles.in
Website: http://www.solvexedibles.in/
Reviews
The company has shown strong financial results and growth in profitability. Investors may consider for long-term investment, but are advised to research further and consult financial advisors before investing.
