SOLEX ENERGY LIMITED
Issue Analysis
| Issue opens | 22nd January 2018 |
| Issue Closes | 25th January 2018 |
| Issue Price | 52 |
| Lot Size | 2000 |
| Issue Size | 7.18 Crore |
| Lead Manager | Swastika Investmart |
| Registrar | Skyline Financial Services Private Limited |
| Platform | NSE |
Company’s Snapshot
Company is engaged providing renewable energy solutions, specialized in the manufacturing of Solar photovoltaic module, solar home light, solar street light, solar lantern, solar power plant, solar invertors, solar water heating systems and wood fired water heater etc. They manufacture the offered products using optimum grade components and advanced technology in compliance with the set norms of the industry. They also provide the offered appliances in numerous specifications and customization in accordance with the demands of our customers. Company’s manufacturing facilities is situated in Anand, Gujarat.
Solex Energy Limited is an ISO 14001:2015 Certification, ISO 9001:2015 Certification, OHSAS 18001:2007 and CE MARK CERTIFIED offering systems of high quality and reliability. Solex modules are TUV certified & tested by the UL India Pvt. Ltd and comply in accordance with the standards.
Object of the Issue
| (Rs. in Lakhs) | ||
| Sr. No. | Particulars | Amount |
| 2 | Working Capital | 575.00 |
| 3 | General Corporate Expenses | 97.60 |
| 4 | Issue Expenses | 45.00 |
| Total | 717.60 | |
Financial Highlights
| (Rs. in Lakhs) | |||
| Particulars | 2016-17 | 2015-16 | 2014-15 |
| Total Revenue | 3449.6 | 4662.14 | 637.46 |
| PBT | 138.08 | 57.42 | 13.74 |
| Total Assets | 2495.58 | 1478.3 | 858.52 |
Financial Indicaters
EPS : 3.46 ( for 2016-17)
P/E : 15.04 ( for 2016-17)
RoNW : 25.29%
NAV/share : 13.67
For Beeline Assistance: Contact Here