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Solex Energy Ltd

Registered Office : Plot No. 131/A Phase 1 GIDC,Vithal Udyognagar,Anand Gujarat 388121 Phone : 91-2692-230317
Fax : 91-2692-231216

Email : info@solex.in

Website : www.solex.in

Initial public issue of 13,80,000 equity shares of face value of Rs. 10 each ("equity shares") of Solex Energy Limited ("The Company" or "Issuer") for cash at a price of Rs. 52.00 per equity share (including a share premium of Rs. 42.00 per equity share) ("Issue Price") aggregating to Rs. 7.18 crores ("issue") of which 72,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 52.00 per equity share, aggregating to Rs. 0.37 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 13,08,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 52.00 per equity share aggregating to Rs. 6.80 crores (The "Net Issue"). The issue and the net issue will constitute 27.94% and 26.48%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 52.00. The issue price is 5.2 times of the face value.

Issue

Opens On

Closes On

22-Jan-2018

25-Jan-2018

Money Payable On

Application

Allotment

52.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

7.18

4.94

52.00

Swastika Investmart Ltd

Projects

To meet working capital requirement

General corporate expenses

Promoted By

Kalpeshkumar Ramanbhai Patel

Listing At

NSE - SME

Registrar to the Issue

Skyline Financial Services Pvt