31 Mar 2024
Assets89.36
Total Income71.94
EBITDA3.02
Profit After Tax1.01
NET Worth14.36
Reserves and Surplus10.94
Total Borrowing55.66
At a glance
Updated 2026-09-10Solvex Edibles is a SME IPO with an issue size of ₹18.87 crore, proposed for listing on BSE SME. The offer opens on 22nd Sep 2025 and closes on 26th Sep 2025. The issue structure includes a fresh issue of ₹17.93 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹18.87 Cr
Fresh issue₹17.93 Cr
Face value₹10
Price band—–—
Allotment29th Sep 2025
Listing1st Oct 2025
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹72.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens22nd Sep 2025
Closes26th Sep 2025
Allotment29th Sep 2025
Refund30th Sep 2025
Demat30th Sep 2025
Listing1st Oct 2025
Subscription demand
Full bidding ↗Total1.02×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3200 | — |
Company
Incorporated2013
Use of proceeds
| Object | Amount |
|---|---|
| To finance the Capital expenditure towards acquisition of new Plant and Machinery at existing plant of the Company | ₹8.31 Cr |
| Repayment in full or in part, of certain of the outstanding borrowings | ₹5.90 Cr |
| To meet General Corporate Purposes | ₹2.79 Cr |
| Issue Expenses | ₹1.87 Cr |
| Total | ₹18.87 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue136.46₹ Cr · +89.7% vs prior year
EBITDA11.19₹ Cr · +270.5% vs prior year
PAT4.09₹ Cr · +305.0% vs prior year
Assets92.05₹ Cr · +3.0% vs prior year
Net Worth20.17₹ Cr · +40.5% vs prior year
Borrowing57.94₹ Cr · +4.1% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2025
Assets92.05
Total Income136.46
EBITDA11.19
Profit After Tax4.09
NET Worth20.17
Reserves and Surplus13.84
Total Borrowing57.94
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 23.69% |
| ROCE | 24.51% |
| RoNW | 20.28% |
| PAT Margin | 3.02% |
| EBITDA Margin | 8.26% |
| Price to Book Value | 2.56 |
Valuation & shareholding
Pre-IPO EPS6.46
Post-IPO EPS4.57
Pre-IPO P/E11.15
Post-IPO P/E15.76
Promoter holding pre100%
Promoter holding post70.72%
Market cap₹64.45 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Solvex Edibles IPO | — | 15.76 x | — | — |
| Q&T Foods IPO | — | 20.50 x | — | — |
| Crazy Snacks IPO | — | 12.57 x | — | — |
| M R IPO | — | 22.87 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| To finance the Capital expenditure towards acquisition of new Plant and Machinery at existing plant of the Company | ₹8.31 Cr |
| Repayment in full or in part, of certain of the outstanding borrowings | ₹5.90 Cr |
| To meet General Corporate Purposes | ₹2.79 Cr |
| Issue Expenses | ₹1.87 Cr |
| Total | ₹18.87 Cr |
Registrar & lead managers
Registrar
Maashitla Securities Pvt.Ltd.Lead managers
- Corporate Makers Capital Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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