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Solex Energy Ltd
Registered Office:    Plot No. 131/A Phase 1 GIDC ,   Vithal Udyognagar ,   Anand - 388121 ,   Gujarat , India.  
Phone: 91-2692-230317   Fax:91-2692-231216
info@solex.in   Website:www.solex.in
Initial public issue of 13,80,000 equity shares of face value of Rs. 10 each ("equity shares") of Solex Energy Limited ("The Company" or "Issuer") for cash at a price of Rs. 52.00 per equity share (including a share premium of Rs. 42.00 per equity share) ("Issue Price") aggregating to Rs. 7.18 crores ("issue") of which 72,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 52.00 per equity share, aggregating to Rs. 0.37 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 13,08,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 52.00 per equity share aggregating to Rs. 6.80 crores (The "Net Issue"). The issue and the net issue will constitute 27.94% and 26.48%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 52.00. The issue price is 5.2 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
22-Jan-18 25-Jan-18 Rs 52.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
Solex Energy Ltd
  Rs Cr Lead Managers to the Issue
Project Cost 7.18
Swastika Investmart Ltd
Project Financed through Current Offer 7.18  
Post Issue Equity Share Capital 4.94  
Issue Price Rs. 52.00  
Projects
To meet working capital requirement General corporate expenses
Promoted By
Kalpeshkumar Ramanbhai Patel
Listing At
NSE - SME
Registrar to the Issue
Skyline Financial Services Pvt
 
             SEBI Common Reg. No. INZ000206338          MCX MEMBERSHIP ID:12535 MAPIN NO:10014845        CDSL : IN-DP-CDSL-291-2005
MERCHANT BANKING REGISTRATION NO : NM000011575
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