Insolation Energy IPO: GMP, Price, Dates, Issue Size

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Insolation Energy IPO is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The company’s 200 MW (Rated Installed Capacity) SPV Module manufacturing unit is located at Jaipur, spread over more than 60,000 Sq. ft area with the latest machinery. 

Insolation Energy IPO – Overview    

IPO Dates  26-29 sept 2022 
IPO Price  INR 38 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  5,832,000   shares (INR 22.16 crore) 
Minimum bid (lot size)  3000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Insolation Energy IPO -Tentative Dates           

IPO Offer Opening Date  26 September 2022 
IPO Closing Date  29 September 2022  
Finalisation of Basis of Allotment  4 October 2022  
Initiation of refunds  6 October 2022  
Transfer of shares to demat accounts  7 October 2022  
IPO Listing Date  10 October 2022 
Opening Price on BSE SME  Coming soon  
Closing Price on BSE SME  Coming soon 

Company Overview    


Incorporated in 2015, Insolation Energy Ltd is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The company’s 200 MW (Rated Installed Capacity) SPV Module manufacturing unit is located at Jaipur, spread over more than 60,000 Sq. ft area with the latest machinery. 

The business areas are as under: 

i. Solar PV module manufacturing; and 

ii. Solar Power Conditioning Unit (PCU) and Lead Acid Batteries trading 

In addition to the manufacture of solar PV modules, the Company trades in Solar Power Conditioning Unit (PCU) which uses solar energy and power from the grid to charge batteries and tall tabular Lead Acid Batteries are used to store energy generated from the solar panels. The company is also an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services to our customers. 

Insolation Energy Ltd has successfully established a geographically diversified presence in India through an extensive distributor network of 30+ distributors. 

Objects of the Issue 

  • Funding additional Working capital requirements 
  • General Corporate Purposes 

Company Financials

Particulars          31-March-22 31-June-21 31-Mar-20 
Total Assets          6668.03 5045.04 2642.44 
Total Revenue          21539.13 16272.92 8879.37 
Profit After Tax          692.2 689.72 309.25 

Company Contact Information 

Insolation Energy Limited 
G-25, City Centre, 
Sansarchand Road, 
Near MI Road, Jaipur, Rajasthan 
Phone: +91– 9116122139 
Email: cs@insolationenergy.in 
Website: https://insolationenergy.in/ 

Registrar 

Bigshare Services Pvt Ltd 
 
Phone: +91-22-6263 8200 
Email: ipo@holaniconsultants.co.in 
Website: http://www.bigshareonline.com 

Lead Manager(s) 

  1. Holani Consultants Private limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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