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Solex Energy IPO Subscription Details (Live Status)

Solex Energy IPO Details

Issue Open Jan 22, 2018
Issue Close Jan 25, 2018
IPO Price ₹52
Face Value ₹10
IPO Size ₹7.18 Cr
Listing At NSE SME
IPO Lot Size 2000
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Solex Energy IPO Subscription Status Live

Solex Energy IPO subscribed 20.21 times. The public issue subscribed 24.91 times in the retail category, [.] times in QIB, and 15.40 times in the NII category by Jan 25, 2018.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers15.40
Retail Investors24.91

Solex Energy IPO Subscription Details (times)

Day 1
Jan 22, 2018
Day 2
Jan 23, 2018
Day 3
Jan 24, 2018
Day 4
Jan 25, 2018

Solex Energy IPO Shares Offered

Solex Energy IPO is a public issue of 1,308,000 equity shares. The issue offers 654,000 shares to retail investors, 0 shares to qualified institutional buyers, and 654,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Solex Energy IPO Subscription FAQs

The Solex Energy IPO is subscribed 20.21 by Jan 25, 2018.

Solex Energy IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional15.40
Retail Individual24.91
Employee Reservations[.]
Total Subscription20.21

Retail category of Solex Energy IPO subscribed 24.91 times as of date Jan 25, 2018. The public issue closes on Jan 25, 2018 for bidding.

An investor can apply in Solex Energy IPO online via bank (using ASBA) or the broker (using UPI). The Solex Energy IPO shares are offered online only.

The Solex Energy IPO is subscribed 20.21 by Jan 25, 2018.

The Solex Energy IPO allotment status is expected on or around . Visit Solex Energy IPO allotment status to check.

The Solex Energy IPO listing date is Monday, February 5, 2018. The equity share of Solex Energy Limited will list on NSE SME.

Visit Solex Energy IPO subscription status page for real-time bidding information about Solex Energy IPO.

Solex Energy IPO Timetable

IPO Opens OnJan 22, 2018
IPO Closes OnJan 25, 2018
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date