Solex Energy Ltd - Prospectus Synopsis

Solex Energy Ltd RHP

Registered Office : Plot No. 131/A Phase 1 GIDC , Vithal Udyognagar , Anand - 388121 , Gujarat , India.

Phone : 91-2692-230317  Fax : 91-2692-231216

Email : 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-2018 25-Jan-2018 Rs 52 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
  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  
Projects
To meet working capital requirement
Promoted By Listing At Registrar to the Issue
Kalpeshkumar Ramanbhai Patel
NSE - SME Skyline Financial Services Pvt
 

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