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INASME / BSEListed
Insolation Energy

Incorporated in 2015, Insolation Energy Ltd is engaged in the manufacturing of high-efficiency solar panels and modules, operating a 200 MW SPV module manufacturing unit in Jaipur spread over 60,000 sq. ft with advanced machinery. The company’s business includes solar PV module manufacturing and trading of Solar Power Conditioning Units (PCUs) and tall tubular lead-acid batteries, which store energy generated from solar panels. Additionally, Insolation Energy provides integrated solar energy solutions through engineering, procurement, and construction (EPC) services, and has established a geographically diversified presence in India via a network of over 30 distributors.

DRHP
₹38 - ₹38192.79x sub
Listed Price₹76.10
Listing Gain+100.26%

IPO Schedule & Timeline

Bookbuilding IPO
Open26 Sep 2022
Close29 Sep 2022
Allotment04 Oct 2022
Listing10 Oct 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker2,94,000 shares
5.04%
Nii (hni)27,69,000 shares
47.48%
Retail27,69,000 shares
47.48%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,14,000
HNI2 Lots (6,000 shares)
₹2,28,000

Company Promoters

Mr. Manish GuptaMr. Vikas Jain

Company Background

Incorporated in 2015, Insolation Energy Ltd is engaged in the manufacturing of high-efficiency solar panels and modules, operating a 200 MW SPV module manufacturing unit in Jaipur spread over 60,000 sq. ft with advanced machinery. The company’s business includes solar PV module manufacturing and trading of Solar Power Conditioning Units (PCUs) and tall tubul...

Lead Managers & Bankers

No lead manager records available.

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20 )₹8879.37 Cr
Growth-58.8%
Revenue Trend (₹ in Crores)
0.08.3k16.5k24.8kMar-22 Mar-21 Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-20 8879.37309.2500
Mar-21 16272.92 689.7200
Mar-22 21539.13692.200

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
04 Oct 2022
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
10 Oct 2022

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Insolation Energy. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization04 Oct 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date10 Oct 2022Trading commences on exchange

How to Check Insolation Energy Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Insolation Energy from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Insolation Energy IPO

Complete issue overview for Insolation Energy (INA) IPO. The issue features an equity share price band of ₹38 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,14,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions