Insolation Energy IPO GMP, Review, Price, Allotment

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Insolation Energy IPO GMP

Insolation Energy IPO description – The company is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes from its fully automatic a state-of-the-art 200 MW (Rated Installed Capacity) SPV Module manufacturing unit located at Jaipur, spread in more than 60,000 Sq. ft area with latest machinery. In addition to the manufacture of solar PV modules, the company also trades in Solar Power Conditioning Unit (PCU) which uses solar energy and power from the grid to charge batteries and tall tabular Lead Acid Batteries which are used to store energy generated from the solar panels. Insolation Energy is also an integrated solar energy solutions provider offering engineering, procurement and construction (EPC) services to its customers.

INA Solar Energy Company

The company has established a geographically diversified presence in India through an extensive distributor network of 30+ distributors. Its key domestic customers include Livguard Energy Technologies, Livfast Batteries, Shakti Pumps, Microtek international, Zunroof Tech etc.

The company formed a wholly-owned subsidiary in the name of Insolation Green Energy Private Limited (IGEPL) in FY 2020-21 with an object of setting up solar PV module manufacturing unit with the proposed annual installed capacity of 500MW in two phases, wherein the company has placed the order for acquiring machines with installed capacity of 250 MW. IGEPL has incurred capital expenditure to the tune of INR6.51 crore upto 31 May 2022 towards acquiring plant & machineries, setting up factory shed and other installations.

Promoters of Insolation Energy – Mr. Manish Gupta and Mr. Vikas Jain


Insolation Energy IPO Details

Subscription Dates26 – 29 September 2022
Price BandINR36 – 38 per share
Fresh issueINR 22.16 crore
Offer For SaleNIL
Total IPO sizeINR 22.16 crore
Minimum bid (lot size)3,000 shares (INR 114,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Insolation Energy Financial Performance

 FY 2020FY 2021FY 2022
Revenue8,879.3716,272.9221,539.13
Expenses8,427.8115,346.2120,609.82
Net income309.25689.72692.20
Figures in INR Lakh unless specified otherwise

Insolation Energy Offer News


Insolation Energy Valuations & Margins

FY 2020FY 2021FY 2022
EPS2.064.604.62
PE ratio7.79 – 8.23
RONW (%)37.2645.3831.33
NAV14.75
Debt/Equity ratio2.322.14
ROCE (%)53.4542.36

Insolation Energy IPO GMP Daily Trend

DateConsolidated IPO GMPKostakSubject to Sauda
3 Oct 20223098,000
1 Oct 20223098,000
30 Sep 20222090,000
29 Sep 20222590,000
28 Sep 20222590,000
27 Sep 20222590,000
26 Sep 20223095,000
24 Sep 202232100,000
23 Sep 20222595,000
22 Sep 20221580,000
21 Sep 202270,000
20 Sep 202255,000
19 Sep 202245,000
17 Sep 202230,000

Insolation Energy IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered32,31,00029,25,00061,56,000
26 Sep 20220.035.352.56
27 Sep 20224.1938.7720.64
28 Sep 202222.1394.1957.27
29 Sep 2022122.66222.99173.43
*INSOLATION ENERGY LIMITED*
Last updated on
29 Sep 2022 | 07:00:00 PM

Insolation Energy IPO Lead Manager

HOLANI CONSULTANTS PRIVATE LIMITED
401 – 405 & 416 – 418,
4th Floor, Soni Paris Point,
Jai Singh Highway,
Bani Park, Jaipur – 302016
Phone: +91 0141 – 2203996
Email: [email protected]
Website: www.holaniconsultants.co.in


Insolation Energy Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6 – 2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Cave Road, Andheri (East),
Mumbai – 400093, Maharashtra
Phone: 22 6263 8200
E-mail: [email protected]
Website: www.bigshareonline.com


Insolation Energy IPO Contact Details

INSOLATION ENERGY INDIA LIMITED
G-25, City Centre, Sansarchand Road,
Near MI Road, Jaipur 302001, Rajasthan
Phone: +91 9116122139
E-mail: [email protected]
Website: www.insolationenergy.in


Insolation Energy IPO Allotment Status

Insolation Energy IPO allotment will be available on Bigshare Services’ website. Click on this link to get allotment status.


Insolation Energy IPO Timetable

IPO Opening Date26 September 2022
IPO Closing Date29 September 2022
Finalisation of Basis of Allotment4 October 2022
Initiation of refunds6 October 2022
Transfer of shares to demat accounts7 October 2022
Listing Date10 October 2022
Opening Price on BSE SMEComing soon
Closing Price on BSE SMEComing soon

Insolation Energy IPO FAQs

What is Insolation Energy offer size?

Insolation Energy offer size is INR 22.16 crore.

What is Insolation Energy IPO Price Band?

Insolation Energy public offer price is INR36 – 38 per share.

What is the lot size of Insolation Energy IPO?

Insolation Energy offer lot size is 3,000 shares.

What is Insolation Energy IPO GMP today?

Insolation Energy IPO GMP today is INR 30 per share.

What is Insolation Energy kostak rate today?

Insolation Energy kostak rate today is NA per application.

What is Insolation Energy Subject to Sauda rate today?

Insolation Energy Subject to Sauda rate today is INR 98,000 per application.

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