SOLVEX EDIBLES LIMITED

22 Sep 2025 - 26 Sep 2025 Individual Category SME BSE

Min Investment

₹230400

Price Band

₹72

Issue Size

26.21 lakhs
Equity Shares

Lot Size

1600 (per lot)

IPO Dates
img

22 Sep 2025

Open Date

img

26 Sep 2025

Close Date

img

29 Sep 2025

Allotment Date

img

01 Oct 2025

Listing Date

Solvex Edibles is coming out with a fixed price IPO of Rs 18.87 crore, which is a complete fresh issue of 0.26 crore shares. The subscription period will run from September 22 to September 24, 2025, with the basis of allotment likely to be finalized on September 25, 2025, and a tentative listing on the BSE SME platform scheduled for September 29, 2025. The issue price has been set at Rs 72 per share, and the lot size is 1,600 shares. For retail investors, the minimum application requires 2 lots (3,200 shares) translating to Rs 2,30,400, while HNIs need to apply for at least 3 lots (4,800 shares) amounting to Rs 3,45,600. Corporate Makers Capital Ltd. is acting as the book running lead manager, Maashitla Securities Pvt. Ltd. is the registrar, and JSK Securities & Services Pvt. Ltd. is the market maker for this IPO.

Know Before Investing

Strengths icon

  • Diverse product portfolio with strong market presence across multiple states.
  • Experienced leadership and focus on quality technology and efficiency.
  • Strategic location near raw material hubs ensures cost advantage and steady supply.

Weaknesses icon

  • Heavy dependence on a few customers and key products like Rice Bran Oil and DORB.
  • Exposure to raw material price volatility seasonal availability and lack of long-term contracts.
  • Ongoing litigations past negative cash flows and operational risks from plant disruptions.

About Solvex Edibles Limited

Founded in 2013, Solvex Edibles Limited is engaged in the manufacturing, distribution, marketing, and sale of solvent-extracted rice bran oil along with by-products such as de-oiled rice bran cakes, mustard oil, mustard cakes, and de-oiled mustard cakes. Its products are supplied to several FMCG companies across India, with a presence in 18 states. The company operates a manufacturing facility in Kemri, Bilaspur, Uttar Pradesh, spread over 12,140 sq. meters, with a processing capacity of 200 TPD. The plant houses an integrated extraction division for rice bran oil production. The product range includes de-oiled mustard/rapeseed cakes used in cattle and poultry feed, de-oiled rice bran cakes widely utilized in cattle, poultry, and fish feed, and crude edible-grade rice bran oil supplied to refineries for further processing and packaging as cooking oil. As of September 16, 2025, the company employed 40 people.

Founded

2013

Managing Director

Ashish Goel

Parent Organization

-

IPO Objectives

The net proceeds from the issue are proposed to be utilized for multiple purposes, including Rs 8.31 crore towards capital expenditure for acquiring new plant and machinery at the company’s existing facility, Rs 5.90 crore for partial or full repayment of outstanding borrowings, and Rs 2.79 crore to cover general corporate requirements.

Company Promoters

Ashish Goel

Vishal Goel

Rashika Gupta

Brij Bhushan Goel

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account