India is one of the largest producer of oilseeds in the world contributing about 5-6% of world oilseeds production. Estimated production of 39.59 million tons of nine cultivated oilseeds during the year 2023- 24 (November-October). Export of oil meals, oilseeds and minor oils was about 3.46 million tons in the financial year 2022-23 valued at Rs. 14,609 crores.
Conversion of Technology Mission on Oilseeds in 1986 into National Mission on Oilseeds and Oil Palm (NMOOP) in 2014 and merger/ conversions or linkage of Schemes/ sub-Schemes/ programmes, etc.
Increase in Basic Custom Duty of various edible oils in order to support the domestic Oilseeds prices which is in line with the Government’s mission to increase production of Oilseeds.
Development of web based platform (evegoils.nic.in) in order to improve and systemize the data management system in the vegetable oil sector.
Revenue | ₹71.89 cr | ₹134.56 cr (+87.17%) | |
PAT | ₹1.01 cr | ₹5.91 cr (+485.15%) | |
PAT Margin | 1.40 % | 4.39 % (+213.57%) | |
EBITDA | ₹3.06 cr | ₹17.24 cr (+463.40%) | |
EBITDA Margin | 4.26 % | 12.81 % (+200.70%) | |
ROE | 7.03 % | 29.32 % (+317.07%) | |
ROCE | 10.89 % | 24.51 % (+125.07%) | |
D/E | 3.88 | 2.87 (-26.03%) |
Currently, the company presence Pan India in more than 15 states and is planing to deepen its presence in the existing market and expand its reach and penetrate into the large available market by giving scale down low-price solution and grab major market share.
They are in the business of manufacturing, distribution, marketing and selling a wide range of products ranging from Solvent Extracted Rice Bran Oil and other by products such as De-oiled Cakes - Rice Bran, Rice Bran and Mustared Oil, Mustard Cakes, Deoiled Mustared Cakes.
PE Ratio: 15.76x Average Sector PE Ratio: 17.35x
NII (HNI) Shares Offered: | 1244800 |
Retail Shares Offered: | 1244800 |
Total Shares Offered: | 2489600 |
Application | Lot | Shares | Amount |
---|---|---|---|
Individual investors (Retail) (Max) | 2 | 3200 | ₹230400 |
S-HNI (Min) | 3 | 4800 | ₹345600 |
Avg IPO Size (Sector Based):
₹ 23.99 cr.
Average Sector PE Ratio:
17.35 X
Listing Price:
₹ [●]
Solvex Edibles is in the business of manufacturing, distribution, marketing and selling of Solvent Extracted Rice Bran Oil and other by products such as De-oiled Cakes - Rice Bran, Rice Bran and Mustared Oil, Mustard Cakes, Deoiled Mustared Cakes. Rice bran oil is the oil extracted from the hard outer brown layer of rice called ‘Bran’. They are selling Solvex Extracted Rice Bran Oil Deoiled Cakes - Rice Bran, Rice Bran, Mustared Oil, Mustard Cakes and Deoiled Mustared Cakes to various FMCG companies across India. They don’t manufacture, market and sell their products under their own brands. They also produce De-oiled Cakes Rice Bran (DORB), which is a by-product in the extraction of Rice Bran Oil and sell the same as cattle feed, poultry feed and fish feed in various states of India.
Corporate Makers Capital Limited, based in New Delhi is the Lead Manager (BRLM) of Solvex Edibles IPO. Corporate Makers Capital Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Corporate Makers Capital Limited .
Solvex Edibles IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Solvex Edibles Financial Review Page
Merchant Banker(s) of Solvex Edibles IPO: Corporate Makers Capital Limited
Solvex Edibles IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Solvex Edibles IPO listed at a listing price of against the offer price of 72.00.
The current market price of Solvex Edibles is .
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