Solvex Edibles Ltd. logo

Solvex Edibles was incorporated on 23 September, 2013. The company manufactures, distributes, and sells solvent-extracted rice bran oil and by-products like de-oiled cakes and mustard oil. These products are supplied to FMCG companies across India but not sold under the company’s own brand

Bidding Dates
22 Sep 2025 - 26 Sep 2025
Subscription
1.02x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue PricePost Issue Promoter Holding %Issue SizeIPO Document
₹230,4002216002.6 M₹7270.72 %₹188.7 MRHP DOC

Solvex Edibles IPO SUBSCRIPTION STATUS

26 Sep '25
Total1.02x
Retail Individual Investor0.69x
HNI (NII) Investors1.35x
Qualified Institutional Buyers-

Solvex Edibles IPO overall subscription rate was 1.02 times the total available shares

Solvex Edibles IPO retail subscription rate was 0.69 times in the retail segment

Solvex Edibles IPO non-institutional investor subscription rate was 1.35 times in the non-institutional investor category

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation50%50%-
26 Sep 2025
(Day 4)
0.69x1.35x-
24 Sep 2025
(Day 3)
0.49x0.44x-
23 Sep 2025
(Day 2)
0.2x0.33x-
22 Sep 2025
(Day 1)
0.1x0.32x-

Solvex Edibles FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY25 135.5 4.1 1.4 1.3 8.3%
FY24 71.9 1.0 -7.9 -9.1 4.2%

Solvex Edibles IPO SUBSCRIPTION STATUS DETAILS

Solvex Edibles had 2.6 M shares on offer

Solvex Edibles IPO offer price was ₹72

Solvex Edibles IPO minimum Investment was ₹230400

Solvex Edibles IPO issue size was ₹ 188.7 M

Solvex Edibles had a minimum lot size of 1600 Shares per application

Solvex Edibles NUMBER OF SHARES ON OFFER

Total2.6 M
Fresh Issue2.6 M
Offer for Sale0
Post Issue Promoter Holding %70.72 %

Solvex Edibles IPO IMPORTANT DATES

Issue Open Date22 Sep 2025
Issue close Date26 Sep 2025
Allotment Date29 Sep 2025
Refund Date30 Sep 2025
Demat Account Credit Date30 Sep 2025
Listing Date01 Oct 2025
Listing on Exchange(s)BSE
Solvex Edibles Allotment StatusExchange/ Registrar

Solvex Edibles IPO subscription opened on 22 Sep 2025, and closed on 26 Sep 2025

IPO allotment for Solvex Edibles was finalized on Monday, 29 Sep 2025

IPO listing for Solvex Edibles was on BSE on Wednesday, 01 Oct 2025

Solvex Edibles IPO LISTING GAINS

Issue Price (adjusted)72.0
Listing Open Price68.0
Listing Close Price64.6
Listing Gain%-5.6%
Current Gain%-73.4%

Solvex Edibles Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Solvex Edibles Ltd.19.117.1241.2-2.50.10.20.1154.813.40.1-98.30.1-98.3
Patanjali Foods Ltd.371.440412.420.50.30.913.89.640347.817.71814.539.518.161.7
AWL Agri Business Ltd.178.823231.820.130.40.3104.275148.517.61042-14.98.90.7
Gokul Agro Resources Ltd.215.26351.215.10.30.3267.524116.723.1369.450.414.359.2
CIAN Agro Industries & Infrastructure Ltd.111331159.701.310.35.22279116.3222.7441115.1245.4
Sundrop Brands Ltd.750.82830.1101.30.81.81.41.11552.272.220.1118.37.4126.4

Solvex Edibles INFORMATION ON IPO ISSUE

About Solvex Edibles

Solvex Edibles was incorporated on 23 September, 2013. The company manufactures, distributes, and sells solvent-extracted rice bran oil and by-products like de-oiled cakes and mustard oil. These products are supplied to FMCG companies across India but not sold under the company’s own brand

Object of the Issue

  • To finance the capital expenditure for purchase of plant and machinery
  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
  • To meet general corporate purposes

Solvex Edibles - PROMOTERS

Name
Ashish Goel
Vishal Goel
Rashika Gupta
Brij Bhushan Goel

Solvex Edibles - MANAGEMENT & LEADERSHIP

NameDesignation
Ashish GoelChairperson & Managing Director
Vishal GoelWhole Time Director
Rohit GuptaWhole Time Director
Rashika GuptaNon-Executive Director
Rishikesh Kumar VermaNon-executive Independent Director
Rojina ThapaNon-Executive Non-Independent women Director

Solvex Edibles Book Running Lead Manager

Corporate Makers Capital Limited

info@corporatemakers.in

Solvex Edibles Registrar to the issue

Maashitla Securities Private Limited

ipo@maashitla.com

Solvex Edibles Strengths

Diverse product portfolio

The company’s product portfolio includes Rice Bran Oil and by-products such as De-oiled Rice Bran Cakes, Rice Bran, Mustard Oil, Mustard Cakes, and Deoiled Mustard Cakes, setting it apart from competitors

Strength

Availability of raw material

Rice bran oil and mustard oil are produced from rice bran and mustard cakes, with raw materials sourced from nearby mills. Abundant and competitively priced supply in Uttar Pradesh ensures smooth operations and strengthens pricing competitiveness

Strength

Solvex Edibles Risks

Depend on rice bran oil

A significant portion of the company’s revenue comes from Rice Bran Oil, sold to customers and FMCG companies across India. Any decline in its demand or production could adversely impact business performance and financial condition

Risk

Operational risks

Any accident at the company’s manufacturing facilities, including mishandling of equipment by employees or labour, could cause injuries, fatalities, property damage, environmental harm, and operational disruptions, potentially leading to financial, civil, and criminal liabilities

Risk

Price fluctuations risks

The company’s products, mainly refined rice bran oil, are commodity-based and subject to price fluctuations driven by global supply-demand, raw material availability, weather, crop yields, trade disputes, and regulations. Such factors, beyond the company’s control, may impact profitability and overall financial performance

Risk

IPO FAQs

  • The promoters of the company are Ashish Goel, Vishal Goel, Rashika Gupta and Brij Bhushan Goel.
  • The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
  • The price band of the IPO is Rs 72.0 - 72.0.
  • The IPO application opens on Sep 22, 2025 and closes on Sep 26, 2025.
  • The minimum lot size for the IPO is 3200. The maximum lot size for the IPO is 3200.
  • For all category investors, the minimum application amount for this IPO is Rs. 230,400.0, the maximum value for this IPO is Rs 230,400.0.
  • This IPO will be allotted on Sep 29, 2025.
  • The refund will be credited to your account on Sep 30, 2025.
  • The allotted shares will be credited to your demat on Sep 30, 2025.
  • Solvex Edibles Ltd.’s shares listed on the stock exchanges on Oct 01, 2025.