Insolation Energy Limited

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
Email	cs@insolationenergy.in
Website	https://insolationenergy.in/

Offer Documents

Insolation Energy Limited DRHP

Insolation Energy Limited RHP

Registrar Details

Name	Bigshare Services Pvt Ltd
Phone	+91-22-6263 8200
Email	ipo@holaniconsultants.co.in
Website	https://ipo.bigshareonline.com/ipo_status.html

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%