Solvex Edibles IPO

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22nd – 24th Sep 2025
29 Sep 2025
₹72
Lot size 1600
18cr

Schedule of Solvex Edibles

Issue open date 22 Sep 2025
Issue close date 24 Sep 2025
UPI mandate deadline 24 Sep 2025 (5 PM)
Allotment finalization 25 Sep 2025
Refund initiation 26 Sep 2025
Share credit 26 Sep 2025
Listing date 29 Sep 2025
Mandate end date 09 Oct 2025
Lock-in end date for anchor investors (50%) 25 Oct 2025
Lock-in end date for anchor investors (remaining) 24 Dec 2025

Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.

About Solvex Edibles

Solvex Edibles is engaged in manufacturing, distribution, marketing and selling of Physically Refined Rice Bran Oil and other by-products such as De-oiled Cakes – Rice Bran, Rice Bran and Mustard Oil, Mustard Cakes, and De-oiled Mustard Cakes. The company manufactures and sells Rice Bran Oil, De-oiled Cakes – Rice Bran, Rice Bran, Mustard Oil, Mustard Cakes and De-oiled Mustard Cakes to FMCG companies without manufacturing, marketing and selling products under its own brands. The company also produces De-oiled Cakes Rice Bran (DORB), a by-product of Rice Bran Oil extraction, selling it as cattle feed, poultry feed and fish feed.


Financials of Solvex Edibles


Issue size

Funds Raised in the IPO Amount
Total issue ₹18.87 crores
Fresh issue ₹18.87 crores

Utilisation of proceeds

Purpose INR crores (%)
Capital Expenditure for purchase of plant and machinery 8.31 (44.03%)
Prepayment or repayment of outstanding borrowings 5.90 (31.26%)
General corporate purposes 2.79 (14.7%)

Strengths

  • Diversified portfolio with Rice Bran Oil and DORB by-products.
  • Additional revenue from DORB in cattle, poultry, and fish feed.
  • Strategic Uttar Pradesh location for North India markets.
  • Asset-light model serving FMCG companies.
  • Rising demand for healthy oils like Rice Bran Oil.

Risks 

  • High dependence on few large customers.
  • Revenue concentration in Rice Bran Oil and DORB.
  • Single manufacturing facility in Uttar Pradesh.
  • Raw material price volatility in rice bran and agri-commodities.

Allotment Status for Solvex Edibles

To check your allotment status – click here.