Insolation Energy Limited

Company Profile
Company Name Insolation Energy Limited
Open Date 26-09-2022
Close Date 29-09-2022
Exchange BSE SME
Lot Size 3000 Shares
Issue Price ₹ 38 per share
Issue Size 58,32,000 Equity Shares
Application Amount ₹ 1,14,000
Recommendation Apply
Insolation Energy Limited was incorporated in the year 2015 and is engaged in the manufacturing of Solar PV panels and also trading of Solar Power Conditioning Unit and Lead Acid Batteries. Company has its manufacturing unit at Khasra 766/2, Village Bagwada, Tehsil Amer, Near Daulatpura Toll Tax Jaipur – 303805. Company has formed a wholly owned subsidiary in the name of Insolation Green Energy Private Limited (“IGEPL”) in FY 2020-21. Company is also setting up a new manufacturing unit in the name of its subsidiary.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-21 Mar-20
Total Assets 6,668.03 5,045.04 2,642.44
Net Assets 2,211.97 1,519.77 830.05
Total Borrowings 2,862.26 2,091.33 1,235.10
Total Revenue 21,539.13 16,272.93 8,879.37
Profit After Tax 692.20 689.72 309.25

Tentative Timeline

Opening Date 26-09-2022
Closing Date 29-09-2022
Basis of Allotment 04-10-2022
Initiation of Refunds 06-10-2022
Credit of Shares to Demat 07-10-2022
Listing Date 10-10-2022

Objects of the Issue

Funding the Working capital requirements of the Company
General corporate purposes

Contact Information

Registered Office Insolation Energy Limited G-25, City Centre, Sansarchand Road, Near MI Road, Jaipur, Rajasthan
Phone 91– 9116122139

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 2,94,000 (5.04%)
NII (HNI) Shares Offered 27,69,000 (47.48%)
Retail Shares Offered 27,69,000 (47.48%)
Total Shares Offered 58,32,000 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters) 97%
Post Issue Share Holding (Promoters) 69.84%

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