Insolation Energy Limited
ListedSMEEnergy / Renewable Energy · BSE
Incorporated in 2015, Insolation Energy Ltd is engaged in the manufacturing of high-efficiency solar panels and modules, operating a 200 MW SPV module manufacturing unit in Jaipur spread over 60,000 sq. ft with advanced machinery. The company’s business includes solar PV module manufacturing and trading of Solar Power Conditioning Units (PCUs) and tall tubular lead-acid batteries, which store energy generated from solar panels. Additionally, Insolation Energy provides integrated solar energy solutions through engineering, procurement, and construction (EPC) services, and has established a geographically diversified presence in India via a network of over 30 distributors.
Price Band
₹38
Issue Size
₹22.16 Cr
Lot Size
3000 shares
GMP
₹38
+100.0%
Est. Listing
₹76
at current GMP
Subscribed
192.79x
overall
Open
26 Sep 2022
Close
29 Sep 2022
Allotment
4 Oct 2022
Refund
5 Oct 2022
Demat Credit
6 Oct 2022
Listing
10 Oct 2022
Last updated 12 days ago
Key Highlights
- •Leading player in the Energy / Renewable Energy segment
- •Price band established at ₹38 - ₹38 per equity share
- •Minimum bid lot is 3000 shares
- •Estimated listing target of ₹76 based on current grey market activity