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Solvex Edibles IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Sep 22 to Sep 26 2025
Price Band ₹72
Current GMP ₹68 (-5.56%)
Subscription 0.43 times

IPO Details

IPO Date
September 22, 2025 to September 26, 2025
Listing Date
[.]
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 (aggregating up to ₹0.9446 Cr)JSK Securities & Services Pvt.Ltd.
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

IPO Subscription Details

Market Maker
1
Non-Institutional Buyers***
0.35
Individual Investors (IND category bidding for 2 Lots)
0.51
Total **
0.43

Day Wise Sub

DayDay 1 Sep 22, 2025
NII*0.34
Individual Investors0.11
Total0.22
DayDay 2 Sep 23, 2025
NII*0.24
Individual Investors0.21
Total0.22
DayDay 3 Sep 24, 2025
NII*0.35
Individual Investors0.51
Total0.43

Day Wise GMP

Date01-10-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date30-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date29-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date28-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date27-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date26-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date25-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date24-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date23-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date22-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date21-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date20-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date19-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72
Date18-09-2025
Price72.00
GMP0(0.00%)
Estimate List Price72

IPO Important Dates

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

IPO Lot Size

ApplicationIndividual investors (Retail) (Min)
Lots2
Shares3,200
Amount₹2,30,400
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares3,200
Amount₹2,30,400
ApplicationHNI (Min)
Lots3
Shares4,800
Amount₹3,45,600

Financial Information

Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
Period EndedAssets
31 Mar 202592.05
31 Mar 202489.36
Period EndedTotal Income
31 Mar 2025136.46
31 Mar 202471.94
Period EndedProfit After Tax
31 Mar 20254.09
31 Mar 20241.01
Period EndedEBITDA
31 Mar 202511.19
31 Mar 20243.02
Period EndedNET Worth
31 Mar 202520.17
31 Mar 202414.36
Period EndedReserves and Surplus
31 Mar 202513.84
31 Mar 202410.94
Period EndedTotal Borrowing
31 Mar 202557.94
31 Mar 202455.66

Peers Comparison

Company NameSolvex Edibles Limited
EPS (Basic)4.36
NAV (per share) (Rs)29.01
P/E (x)16.52
RoNW (%)15.02
P/BV Ratio2.48
Company NameRamdevbaba Solvent Limited
EPS (Basic)6.88
NAV (per share) (Rs)69.31
P/E (x)18.44
RoNW (%)9.92
P/BV Ratio1.83
Company NameMK Proteins Limited
EPS (Basic)0.22
NAV (per share) (Rs)1.85
P/E (x)30.50
RoNW (%)12.09
P/BV Ratio6.00

IPO Reservation

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%)

Information about company

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: De Oiled Mustard / Rapeseed cakes (DOC): The company produces de-oiled Mustard/Rapeseed cakes during mustard oil extraction. These cakes are used as a valuable ingredient in cattle and poultry feed industries. De Oiled Rice Bran (DORB): The company produces de-oiled Rice Bran Cakes during rice bran oil extraction. With high nutritional value, these cakes are a sought-after ingredient in cattle, poultry, and fish feeds. Crude Rice Bran Oil: The company produces crude, edible-grade Rice Bran Oil through solvent extraction, which is sold to refineries for further processing and packaging as cooking oil. As of 16th September, 2025, the company had 40 employees.   Competitive Strengths: Extensive Array of Products Strategic location of the Manufacturing Facilities. Easy availability of raw material around the Manufacturing Facilities. Experienced Promoters and senior management team.

Objectives of IPO

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

Disclaimer

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