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Solvex Edibles IPO
Price Band
₹
Issue Size
₹18.87 Cr
Lot Size
1,600 shares
Min Investment
₹230,400
2 LOTS MIN
GMP
—
Issue Price
₹72.0
Solvex Edibles IPO AI Summary
- Solvex Edibles IPO is listed on BSE SME in the Edible Oil sector.
- Subscription window: 22 Sep–26 Sep 2025, listing on 01 Oct 2025.
Solvex Edibles Limited is an SME engaged in the edible oil sector with a focus on manufacturing and distributing Rice Bran Oil and related products. The company has shown significant growth in revenue and profit over the past year and has a clear plan for utilizing the funds raised through its IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Solvex Edibles IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 26 Sep 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Solvex Edibles IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Incorporated in 2013, Solvex Edibles Limited is engaged in the business of manufacturing, distribution, marketing and selling of Solvent Extracted Rice Bran Oil and other by products such as De-oiled Cakes - Rice Bran, Rice Bran and Mustared Oil, Mustard Cakes, Deoiled Mustared Cakes. The company supplies Solvex Extracted Rice Bran Oil Deoiled Cakes, Rice Bran, Mustard Oil, Mustard Cakes, and Deoiled Mustard Cakes to various FMCG companies across India. The company currently sells its products in 18 states. The company manufactures Rice Bran Oil using solvent extraction from crude rice bran. The facility is located in Kemri, Bilaspur, Uttar Pradesh, covering 12,140 sq meters, enabling nationwide distribution. With a processing capacity of 200 TPD, the plant includes an extraction division for integrated production and processing of Rice Bran Oil. Product Portfolio: De Oiled Mustard / Rapeseed cakes (DOC): The company produces de-oiled Mustard/Rapeseed cakes during mustard oil extraction. These cakes are used as a valuable ingredient in cattle and poultry feed industries. De Oiled Rice Bran (DORB): The company produces de-oiled Rice Bran Cakes during rice bran oil extraction. With high nutritional value, these cakes are a sought-after ingredient in cattle, poultry, and fish feeds. Crude Rice Bran Oil: The company produces crude, edible-grade Rice Bran Oil through solvent extraction, which is sold to refineries for further processing and packaging as cooking oil. As of 16th September, 2025, the company had 40 employees. Competitive Strengths: Extensive Array of Products Strategic location of the Manufacturing Facilities. Easy availability of raw material around the Manufacturing Facilities. Experienced Promoters and senior management team.
Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 92.05 | 89.36 |
| Total Income | 136.46 | 71.94 |
| Profit After Tax | 4.09 | 1.01 |
| EBITDA | 11.19 | 3.02 |
| NET Worth | 20.17 | 14.36 |
| Reserves and Surplus | 13.84 | 10.94 |
| Total Borrowing | 57.94 | 55.66 |
Key Ratios
EPS
₹6.46
NAV
₹30.96
ROE
23.69%
ROCE
24.51%
RoNW
20.28%
P/B Value
2.56
P/E Ratio
11.15
Market Cap
₹64.45 Cr
PAT Margin
3.02%
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| MK Proteins Limited | 1.85 | 12.09% | 30.5 | 0.22 |
| Ramdevbaba Solvent Limited | 69.31 | 9.92% | 18.44 | 6.88 |
| Solvex Edibles Limited This IPO | 29.01 | 15.02% | 16.52 | 4.36 |
Promoters
Ashish Goel, Vishal Goel, Rashika Gupta and Brij Bhushan Goel
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 To finance the Capital expenditure towards acquisition of new Plant and Machinery at existing plant of the Company 8.31 2 Repayment in full or in part, of certain of the outstanding borrowings 5.90 3 To meet General Corporate Purposes 2.79 4 Issue Expenses 1.87 Total 18.87
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total Income was ₹71.94 Cr in 31 Mar 2024, rising to ₹136.46 Cr by 31 Mar 2025, indicating significant growth in revenue over the period.
Profit Trend
Profit After Tax increased from ₹1.01 Cr in 31 Mar 2024 to ₹4.09 Cr by 31 Mar 2025, reflecting a positive trend in profitability.
Valuation
At the issue price of ₹72.0, Solvex Edibles has an implied P/E ratio of approximately 11.15, compared to peers trading at P/E ratios ranging from 18.44 to 30.5.
Grey Market Premium, Explained
The Grey Market Premium (GMP) refers to the price at which shares of an IPO are traded in the unofficial market before they are listed on the stock exchange. It is an indicator of the demand for the IPO and can provide insights into potential listing gains.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance.
Who May Want to Wait
Investors with a low risk appetite or those who prefer stable, established companies may want to avoid IPOs in the SME sector like this one.
IPO Timeline, Explained
The IPO opens on 22nd September 2025 and closes on 26th September 2025. Allotment of shares is expected by 29th September 2025, with the listing date set for 1st October 2025.
Listing Gains — The Risk
Listing-day gains can be unpredictable and depend on various factors, including market conditions and investor sentiment. It is essential to understand that while some IPOs may see a rise in share price on the first day, others may not.
This evaluation is generated from Solvex Edibles's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
When does Solvex Edibles IPO open and close?
Solvex Edibles IPO opens on 22 September 2025 and closes on 26 September 2025.
When does Solvex Edibles IPO list on the stock exchange?
Solvex Edibles IPO listed on 01 October 2025 at ₹72.0.
What is the lot size for Solvex Edibles IPO?
The lot size for Solvex Edibles IPO is 1600 shares, requiring a minimum investment of ₹230,400 (2 lots).
What is the lot size for the Solvex Edibles IPO?
The lot size for the Solvex Edibles IPO is 1600 shares.
What is the minimum investment required?
The minimum investment required is ₹230,400.
What is the issue price of the IPO?
The issue price of the IPO is ₹72.0.
When is the listing date for the IPO?
The listing date for the IPO is 1st October 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the demand for the IPO shares before they are officially listed.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
22 Sep 2025
Close
26 Sep 2025
Allotment
29 Sep 2025
Listing
01 Oct 2025
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