Solvex Edibles Limited is engaged in the manufacturing, distribution, and sale of Solvent Extracted Rice Bran Oil and other products including Mustard Oil. The company also sells by-products such as De-oiled Rice Bran (DORB) for use in cattle, poultry, and fish feed, supplying its products to various FMCG companies across India without its own branding. Operations are supported by two wholly-owned subsidiaries, Shree oils & Fats (I) Pvt. Ltd. and Golden Pearl Oil Products LLP, which handle solvent extraction and oil refining respectively.
Opening Date
Sep 22, 2025
Closing Date
Sep 26, 2025
Listing Date
Oct 01, 2025
IPO Type
SME
IPO Status
Closed
Issue Size
18.87 Cr
Fresh Issue
18.87 Cr
Offer for Sale
—
Price Band
₹72 - ₹72
Lot Size
1600
The net proceeds from the issue are intended to be utilized for the following objectives:
To finance the capital expenditure of approximately Rs. 8.31 crores for the acquisition of new Plant and Machinery, including a Corn Germ Extract unit and a Solvent Extraction Plant, at the company's existing manufacturing facility.
To prepay or repay, in full or in part, certain outstanding borrowings availed by the company, amounting to an estimated Rs. 5.90 crores.
To fund general corporate purposes, including meeting operational expenses and strategic initiatives, with an allocation of approximately Rs. 2.79 crores.
P/E Ratio
17.61
EPS
4.09
ROE
23.69%
ROCE
24.51%
RONW
20.28%
Debt to Equity Ratio
2.87
PAT Margin
3.02%
EBITDA Margin
8.26%
P/B
2.56
Integrated edible oil processing model ensuring cost efficiency.
Established regional presence with strong distribution.
Stable demand for staple edible oils.
Experienced promoter family with deep industry knowledge.
High dependence on raw material availability and prices.
Limited product portfolio (mainly edible oils).
Regional concentration restricting pan-India presence.
Smaller scale vs. large competitors.
Growing demand for edible oils in India.
Potential to expand into refined and blended oils.
Government push for edible oil self-sufficiency.
Export opportunities in neighboring countries.
Competition from national brands and imports.
Regulatory changes in duties or food safety rules.
Consumer shift toward premium/healthier oils.
Climate risks affecting crop yields.