Solvex Edibles
September 22, 2025 – September 26, 2025
| Price | ₹72 - ₹72 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 1600 |
| Allotment | Sep 29, 2025 |
| Listing | Oct 1, 2025 |
Solvex Edibles Subscription
Last updated on 26-Sep-2025 18:44:06
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 1244800 | 1632000 | 1.31 |
| Individual | 1244800 | 905600 | 0.73 |
| Total | 2489600 | 2537600 | 1.02 |
Application-Wise Breakup  | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (3-10L) | 259 | 8 | 0.03 |
| Individual | 389 | 283 | 0.73 |
Solvex Edibles Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 3200 | 230400 | 389 |
| HNI | 3 | 4800 | 345600 | 259 |
Solvex Edibles Reservation
| Category | Shares Offered | % |
|---|---|---|
| HNI | 1244800 | 47.5% |
| INDIVIDUAL | 1244800 | 47.5% |
| Market Maker | 131200 | 5.01% |
| Total | 2620800 | 100% |
Solvex Edibles About
IPO Details
| Total Issue Size | 26,20,800shares (aggregating up to ₹18.87 Cr) |
| Fresh Issue | 26,20,800 shares (aggregating up to ₹18.87 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 63,31,170 shares |
| Share Holding Post Issue | 89,51,970 shares |
| Reserved for Market Maker | 1,31,200 shares (aggregating up to ₹0.9446 Cr) |
| Market Maker | JSK Securities & Services Pvt.Ltd. |
Key Performance Indicators (KPI)
| KPI | MAR-25(Cons) | MAR-24(Cons) |
|---|---|---|
| ROE | 23.69% | - |
| ROCE | 24.51% | - |
| EPS (BASIC) | 6.28 | 1.99 |
| P/E Pre IPO | 11.15 | |
| P/E Post IPO | 15.76 |
Company Financials (In ₹Crore)
| Period Ended | 31-Mar-25 | 31-Mar-24 |
|---|---|---|
| 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 |
Peer Comparision (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| Solvex Edibles Limited | - | - | 10 |
| Ramdevbaba Solvent Limited | 18.44 | 126.85 | 10 |
| MK Proteins Limited | 30.5 | 6.71 | 1 |
Source:RHP, All the financial information for listed industry peers mentioned above is on a standalone basis sourced from the Annual Reports/ Financial results of the peer companies uploaded on the NSE website for the year ended March 31, 2025. Information of our company is based on restated financial information. P/E Ratio has been computed based on the closing market price of equity shares on the NSE on 8th September, 2025 divided by the Basic EPS.
Peer Comparision (Financial Perforamance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Solvex Edibles Limited | 29.07 | 15.02 | 4.36 |
| Ramdevbaba Solvent Limited | 19.69 | 9.92 | 6.88 |
| MK Proteins Limited | 19.12 | 12.09 | 0.22 |
About Company
Products & Clients
- Supplies to major FMCG companies across India
- Product presence across 18 states
Manufacturing Facility
- Location: Kemri, Bilaspur, Uttar Pradesh
- Area: 12,140 sq. meters
- Production Process: Solvent extraction of crude rice bran to produce Rice Bran Oil
- Capacity: 200 TPD
- Integrated Extraction Division for production and processing of Rice Bran Oil
IPO Objectives
The Company Solvex Edibles IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
1. Capital Expenditure for Plant and Machinery: To finance the capital expenditure towards the acquisition of new plant and machinery at the existing plant of the Company. The expected amount for this objective is ₹8.31 crores.
2. Repayment of Borrowings: Repayment in full or in part, of certain of the company's outstanding borrowings. The expected amount allocated for this purpose is ₹5.90 crores.
3. General Corporate Purposes: To meet general corporate purposes. The expected amount set aside for this is ₹2.79 crores.
Strength
Strategic Location: Manufacturing facility at Kemri, Bilaspur (U.P.) with 12,140 sq. meters of land, enabling wide supply and distribution across India.
Easy Raw Material Access: Located near rice and mustard mills in U.P. (2nd largest rice producer), ensuring abundant, timely, and competitively priced raw material supply.
Experienced Management: Promoters and senior team have deep industry experience, focusing on quality, building long-term customer relationships, and expanding client base.
Weakness
As per market rumors this is risky ipo
Pending Litigations: Ongoing legal proceedings against the Company, subsidiaries, promoters, or directors could harm reputation, business, and financial performance.
Customer Concentration: Heavy dependence on a few customers; loss of these relationships may adversely affect revenues and operations.
Product Dependency: Major revenue comes from Rice Bran Oil; any fall in demand or production could negatively impact business and financial condition.
Solvex Edibles Lead Manager(s)
Solvex Edibles Address
Kemri Road,
Rampur,
Bikapur, Uttar Pradesh, 244921
Phone: +91-9837008895
Email: info@solvexedibles.in
Website: http://www.solvexedibles.in/
Solvex Edibles Registrar
Solvex Edibles Reviewers
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