|
|
|
Issue Open Date
|
26-Sep-22
|
|
|
|
Issue Closing Date
|
29-Sep-22
|
|
|
|
Application Money
|
100
|
|
|
|
Allotment Money
|
|
|
|
|
|
|
|
Price Band
|
36
-
38
|
|
|
|
Minimium Application No.
|
3000
|
|
|
|
Issue Size (Shares)
|
5832000
|
|
|
|
Market Lot
|
1
|
|
|
|
|
|
Objective
|
|
• Funding the Working capital requirements of our Company; and • General corporate purposes
|
|
|
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
3231000
|
396330000
|
122.664809656453
|
|
Qualified Institutional Buyers
|
|
|
|
|
Retail Individual Investors
|
2925000
|
652245000
|
222.989743589744
|
|
|
|
|
Business Description
Our Company is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes as per the demand in the market 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 and stringent quality assurance process which delivers quality solar PV module. In addition to the manufacture of solar PV modules, our 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. We are also an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services to our customers.
|
|
|
Promoter's Holding
|
|
|
|
Total Share Capital
|
14550000
|
|
|
|
Offered to Public
|
5832000
|
|
|
|
Promoter's Holding (Pre-Issue)
|
97
|
|
|
|
Promoter's Holding (Post-Issue)
|
69.84
|
|
|
|
|
|
|
|
|
|
|
Address |
Fluidcon House C-02
New Atish Market Extension
Behind Inox Cinema Hall
Jaipur,
Rajasthan,
302029
Phone : 0141 2996001 / 2996002
Email : info@insolationenergy.in
Website : www.insolationenergy.in
|
|
|
Registrar |
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
|
|
|
Listed at |
|
BSE
|
|
|
Lead Manager |
|
Holani Consultants Pvt Ltd.
|
|
|
Promoters |
Manish Gupta
Vikas Jain
|
|
