Solvex Edibles IPO Subscription Status

The Solvex Edibles IPO received a subdued response on its first day, with overall subscription reaching 0.22 times as of 5:00 PM on September 22, 2025.

• Qualified Institutional Buyers (QIBs): 0.00× (no bids on Day 1)
• Non-Institutional Investors (NIIs): 0.34×
• Retail Individual Investors (RIIs): 0.11×

The company recorded 5,56,800 bids against a total issue size of 24,89,600 shares, reflecting a cautious start to the offering. Market participants will watch the coming days for stronger activity as institutional investors assess the fundamentals.

About Solvex Edibles Limited

Established in 2013, Solvex Edibles Limited is engaged in the manufacturing, marketing, and distribution of rice bran oil and a wide variety of related by-products. Its portfolio includes:

• De-oiled Rice Bran Cakes
• Rice Bran
• Mustard Oil
• Mustard Cakes
• De-oiled Mustard Cakes

The company supplies these products to leading FMCG brands across India and maintains a distribution presence in 18 states, positioning itself as a key player in the edible oils and by-products segment.

Manufacturing & Infrastructure

Solvex operates a state-of-the-art manufacturing facility located in Kemri, Bilaspur, Uttar Pradesh, covering 12,140 square meters.

• The facility houses a 200 Tons Per Day (TPD) processing plant.
• It follows a solvent extraction process to produce refined Rice Bran Oil from crude rice bran.
• An integrated extraction division allows Solvex to handle the entire production cycle—from sourcing raw materials to delivering finished products—under one roof, ensuring efficiency and quality control.

This integrated approach not only improves operational efficiency but also helps maintain consistent quality standards, which are critical for its FMCG clients.

Financial Highlights

Solvex Edibles has demonstrated strong financial growth over the past year:

• Revenue Growth: Increased by ~90% between FY 2024 and FY 2025.
• Profit After Tax (PAT): Jumped by an impressive ~305% during the same period, signaling improved margins and operational leverage.

The company attributes this growth to higher demand for healthy edible oils, efficient procurement of raw materials, and expanding relationships with FMCG giants.

Grey Market Premium (GMP)

As of Monday, September 22, 2025, the Solvex Edibles IPO GMP was ₹0, indicating that the shares were trading at around ₹72—on par with the issue price. While the absence of a premium shows neutral grey-market sentiment at present, market watchers note that subscription momentum on subsequent days could influence the GMP trend.