Insolation Energy Limited

Sep 26, 2022 - Sep 29, 2022

Premium	₹38
Price	₹38 - ₹38
Lot size	3000
Allotment	Oct 4, 2022
Listing	Oct 10, 2022

Category	Lot(s)	Qty	Amount	Reserved
Retail	1	3000	114000	0
HNI	2	6000	228000	0

Investor Category	Subscription (times)
Qualified Institutions	[.]
Non-Institutional Buyers	150.02
Retail Investors	235.55
Employees	[.]
Others	[.]
Total	192.79

About

subject to 100000 one lac

Incorporated in 2015, Insolation Energy Ltd is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The company's 200 MW (Rated Installed Capacity) SPV Module manufacturing unit is located at Jaipur, spread over more than 60,000 Sq. ft area with the latest machinery.

The business areas are as under:

i. Solar PV module manufacturing; and

ii. Solar Power Conditioning Unit (PCU) and Lead Acid Batteries trading

In addition to the manufacture of solar PV modules, the Company 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 are used to store energy generated from the solar panels. The company is also an integrated solar energy solutions provider offering engineering, procurement and construction ("EPC") services to our customers.

Insolation Energy Ltd has successfully established a geographically diversified presence in India through an extensive distributor network of 30+ distributors.

Company Financials

Insolation Energy Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax
31-Mar-20	8879.37	309.25
31-Mar-21	16272.92	689.72
31-Mar-22	21539.13	692.2
Amount in ₹ Lakhs

Issue : 58,32,000 Shares
Issue size : ₹22.16 Cr

HNI : 50%
HNI Shares : 27,69,000 Shares

Retail : 50%
Retail Shares : 27,69,000 Shares
Retail Forms : 923

Lead Manager(s)

Strength

Weakness

Registrar

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