Incorporated in 2013, Solvex Edibles Limited is engaged 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.The company supplies Solvex Extracted Rice Bran Oil Deoiled Cakes, Rice Bran, Mustard Oil, Mustard Cakes, and Deoiled Mustard Cakes to various FMCG companies across India. The company currently sells its products in 18 states.The company manufactures Rice Bran Oil using solvent extraction from crude rice bran. The facility is located in Kemri, Bilaspur, Uttar Pradesh, covering 12,140 sq meters, enabling nationwide distribution.With a processing capacity of 200 TPD, the plant includes an extraction division for integrated production and processing of Rice Bran Oil.Product Portfolio:De Oiled Mustard / Rapeseed cakes (DOC): The company produces de-oiled Mustard/Rapeseed cakes during mustard oil extraction. These cakes are used as a valuable ingredient in cattle and poultry feed industries.De Oiled Rice Bran (DORB): The company produces de-oiled Rice Bran Cakes during rice bran oil extraction. With high nutritional value, these cakes are a sought-after ingredient in cattle, poultry, and fish feeds.Crude Rice Bran Oil: The company produces crude, edible-grade Rice Bran Oil through solvent extraction, which is sold to refineries for further processing and packaging as cooking oil.As of 16th September, 2025, the company had 40 employees.Competitive Strengths:Extensive Array of ProductsStrategic location of the Manufacturing Facilities.Easy availability of raw material around the Manufacturing Facilities.Experienced Promoters and senior management team.
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
131,200 | ₹0.940 |
|
NII
|
1,244,800 | ₹8.960 |
|
Retail
|
1,244,800 | ₹8.960 |
| Total ** | 2,620,800 | ₹18.870 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 3,200 | ₹230,400 |
| Retail (Max — 13 Lots) | 13 | 20,800 | ₹1,497,600 |
| S-HNI (Min — 14 Lots) | 14 | 22,400 | ₹1,612,800 |
| S-HNI (Max — 66 Lots) | 66 | 105,600 | ₹7,603,200 |
| B-HNI (Min — 67 Lots) | 67 | 107,200 | ₹7,718,400 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 1,244,800 | 1,244,800 | 2,489,600 |
| Allotment price (Rs.) | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | — | 0.94 | — | — | — | 8.96 | 8.96 | 17.92 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 1,244,800 | 1,244,800 | 2,489,600 |
| Amount (Rs.cr.) | — | 0.94 | — | — | — | 8.96 | 8.96 | 17.93 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 131,200 | ₹0.94 |
5.01%
|
| NII / HNI | 1,244,800 | ₹8.96 |
47.50%
|
| Retail (RII) | 1,244,800 | ₹8.96 |
47.50%
|
| Total | 2,620,800 | ₹18.87 |
100.00%
|
| Particulars | 31 Mar 2025 | 31 Mar 2024 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 136.46 | 71.94 | Not Available |
| EBITDA | 11.19 | 3.02 | Not Available |
| Profit After Tax (PAT) | 4.09 | 1.01 | Not Available |
| Net Worth | 20.17 | 14.36 | Not Available |
| Total Assets | 92.05 | 89.36 | Not Available |
| Reserves & Surplus | 13.84 | 10.94 | Not Available |
| Total Borrowings | 57.94 | 55.66 | Not Available |
| EBITDA Margin (%) | 8.26% | — | — |
| PAT Margin (%) | 3.02% | — | — |
Solvex Edibles Ltd. proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: