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 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 |
Market Maker
1
Non-Institutional Buyers***
0.35
Individual Investors (IND category bidding for 2 Lots)
0.51
Total **
0.43
Day Wise Sub
| Day | NII* | Individual Investors | Total |
|---|---|---|---|
| Day 1 Sep 22, 2025 | 0.34 | 0.11 | 0.22 |
| Day 2 Sep 23, 2025 | 0.24 | 0.21 | 0.22 |
| Day 3 Sep 24, 2025 | 0.35 | 0.51 | 0.43 |
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
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 01-10-2025 | 72.00 | 0(0.00%) | 72 |
| 30-09-2025 | 72.00 | 0(0.00%) | 72 |
| 29-09-2025 | 72.00 | 0(0.00%) | 72 |
| 28-09-2025 | 72.00 | 0(0.00%) | 72 |
| 27-09-2025 | 72.00 | 0(0.00%) | 72 |
| 26-09-2025 | 72.00 | 0(0.00%) | 72 |
| 25-09-2025 | 72.00 | 0(0.00%) | 72 |
| 24-09-2025 | 72.00 | 0(0.00%) | 72 |
| 23-09-2025 | 72.00 | 0(0.00%) | 72 |
| 22-09-2025 | 72.00 | 0(0.00%) | 72 |
| 21-09-2025 | 72.00 | 0(0.00%) | 72 |
| 20-09-2025 | 72.00 | 0(0.00%) | 72 |
| 19-09-2025 | 72.00 | 0(0.00%) | 72 |
| 18-09-2025 | 72.00 | 0(0.00%) | 72 |
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 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
| 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 |
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 Ended | 31 Mar 2025 | 31 Mar 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 |
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 Name | EPS (Basic) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|
| Solvex Edibles Limited | 4.36 | 29.01 | 16.52 | 15.02 | 2.48 |
| Ramdevbaba Solvent Limited | 6.88 | 69.31 | 18.44 | 9.92 | 1.83 |
| MK Proteins Limited | 0.22 | 1.85 | 30.50 | 12.09 | 6.00 |
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%) |
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
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