Solvex Edibles IPO

Solvex Edibles Limited, incorporated in 2013, is engaged in manufacturing, marketing, and distribution of solvent-extracted Rice Bran Oil and by-products such as De-oiled Cakes, Mustard Oil, and Deoiled Mustard Cakes. Supplying to FMCG companies across 18 states, the company operates a 200 TPD facility at Kemri, Bilaspur, Uttar Pradesh, covering 12,140 sq. metres. Its diverse product portfolio includes De-oiled Mustard/Rapeseed Cakes for cattle and poultry feed, De-oiled Rice Bran (DORB) for animal nutrition, and crude, edible-grade Rice Bran Oil supplied to refineries.

Solvex Edibles Limited IPO Overview

Solvex Edibles IPO is a fixed price issue worth ₹18.87 crores, comprising an entirely fresh issue of 0.26 crore equity shares. The subscription window opens on 22 September 2025 and closes on 24 September 2025, with allotment expected to be finalised on 25 September 2025. The IPO is proposed to list on the BSE SME platform on 29 September 2025. Priced at ₹72 per share, the issue has a lot size of 1,600 shares. For retail investors, the minimum investment stands at ₹2,30,400 for 3,200 shares, while high-net-worth individuals (HNIs) need to apply for at least three lots, translating to 4,800 shares and an investment of ₹3,45,600. Corporate Makers Capital Ltd. is acting as the book running lead manager, with Maashitla Securities Pvt. Ltd. serving as the registrar. JSK Securities & Services Pvt. Ltd. has been appointed as the market maker for this IPO.

Solvex Edibles Limited IPO Details

Particulars	Details
IPO Date	22 September 2025 to 24 September 2025
Listing Date	29 September 2025
Face Value	₹10 per share
Issue Price Band	₹72 per share (Fixed Price)
Lot Size	3,200 Shares
Total Issue Size	26,20,800 shares (aggregating up to ₹18.87 Cr)
Fresh Issue	26,20,800 shares (aggregating up to ₹18.87 Cr)
Offer for Sale	NA
Issue Type	Fixed Price IPO
Listing At	BSE SME
Share Holding Pre Issue	63,31,170 shares
Share Holding Post Issue	89,51,970 shares
Market Maker Portion	1,31,200 shares

Solvex Edibles Limited IPO Reservation

Investor Category	Shares Offered
Market Maker	1,31,200 (5.01%)
NII (HNI)	12,44,800 (47.50%)
Retail	12,44,800 (47.50%)
Total	26,20,800 (100%)

Solvex Edibles Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	3,200	₹2,30,400
Retail (Max)	2	3,200	₹2,30,400
HNI (Min)	3	4,800	₹3,45,600

Solvex Edibles Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	100.00%
Post-Issue	70.72%

Solvex Edibles Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹4.36 (Post Issue)
Price/Earnings (P/E) Ratio	16.52x
Return on Net Worth (RoNW)	15.02%
Net Asset Value (NAV)	₹29.01
Return on Equity	23.69%
Return on Capital Employed (ROCE)	24.51%
EBITDA Margin	8.26%
PAT Margin	3.02%
Debt to Equity Ratio	2.87

Objectives of the Proceeds

• Acquisition of new plant and machinery at existing facility – ₹8.31 Cr

• Repayment and prepayment of certain borrowings in full or part – ₹5.90 Cr

• Funding general corporate purposes and future business needs – ₹2.79 Cr

Key Financials (in ₹ Crores)

Particulars	31 Mar 2025	31 Mar 2024
Assets	92.05	89.36
Revenue	136.46	71.94
Profit After Tax	4.09	1.01
Reserves and Surplus	13.84	10.94
Total Borrowings	57.94	55.66