
Solvex Edibles IPO
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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.