Solex Energy IPO is a Fixed Price listing on NSE EMERGE exchange, with an ipo size of ₹ 7.18 Cr. The company is based in Anand and caters to Solar sector. Swastika Investmart is the merchant banker of Solex Energy IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th December 2017.
Solex Energy IPO posted revenues of ₹ 19.05 crores and PAT of ₹ 0.93 crores in FY18 on annualised basis.Financial results of Solex Energy IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
Financials | Jul-17 | FY17 | FY16 | FY15 | |
---|---|---|---|---|---|
Balance Sheet
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Assets | 21.98 | 24.95 | 14.78 | 8.58 | |
Net Worth | 3.93 | 3.62 | 1.98 | 0.91 | |
Total Debt | 2.53 | 0.83 | 3.52 | 3.66 | |
Profit & Loss
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Revenue
Revenue on annualised basis |
6.32
18.96 |
34.07 | 46.35 | 6.35 | |
EBITDA
EBITDA on annualised basis |
0.69
2.07 |
2.37 | 1.38 | 0.33 | |
PAT
PAT on annualised basis |
0.30
0.90 |
0.91 | 0.38 | 0.09 |
Solex Energy IPO PAT Margin is 4.75 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Solex Energy IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
Particulars | Jul-17 | FY17 | FY16 | FY15 |
---|---|---|---|---|
EBITDA Margin (%) | 10.92 | 6.96 | 2.98 | 5.20 |
PAT Margin (%) | 4.75 | 2.67 | 0.82 | 1.42 |
EPS (₹) | 0.87 | 3.46 | 1.74 | 1.11 |
ROE (%) | 7.63 | 25.14 | 19.19 | 9.89 |
ROCE (%) | [●] | [●] | [●] | [●] |
ROA (%) | 1.36 | 3.65 | 2.57 | 1.05 |
Debt to Equity | 0.64 | 0.23 | 1.78 | 4.02 |
The market Capitalisation of Solex Energy IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Solex Energy IPO prospectus highlights an Return on Equity (ROE) of 7.63 % , Return on Assets (ROA) of 1.36 %, and an EBITDA Margin of 10.92 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Solex Energy IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Solex Energy IPO is ₹ [●] Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Solex Energy IPO has a Price-to-Earnings (PE) ratio of 27.00 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Solex Energy IPO reported revenue of ₹ 19.05 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Solex Energy IPO provide insights into sales growth, market demand, and business scalability.
Solex Energy recorded an EBITDA of ₹ 2.07 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Solex Energy Profit After Tax (PAT) is ₹ 0.90 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Solex Energy operates in Solar and Business Of Providing Renewable Energy Solutions. The Issue is listed on NSE EMERGE in Feb, 2018. Solex Energy IPO size was 7.18 with Issue price of 52.00 .
Merchant Banker(s) of Solex Energy IPO: Swastika Investmart Limited
Solex Energy IPO subscription was 20.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Solex Energy IPO listed at a listing price of 51.20 against the offer price of 52.00.
The current market price of Solex Energy is 1317.00.
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