Solex Energy Ltd

Solex Energy Ltd (SOLEX)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return27.57 %
3 Month Return42.82 %
1 Year Return265.6 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 21
Rank 21
Rank 24
Dividend Yield
Rank 7
Rank 6
Price To Book Ratio
Rank 17
Debt To Asset
Rank 24

Company Information

Solex Energy Limited was originally incorporated on October 13 2014 as Solex Energy Private Limited. Further the Company was converted into Public Limited Company and consequently name of the company was changed from Solex Energy Private Limited to Solex Energy Limited on September 22 2017. The Company was originally promoted by Mr. Kalpeshkumar Ramanbhai Patel and Ms. Arpitaben Upendrabahi Shelat who were the initial subscribers to the Companys Memorandum and Articles of Association in the year 2014. After incorporation the Company has acquired the running business of M/s Sun Energy Systems a proprietorship concern of the Promoter engaged in manufacturing of Solar Panels and other renewable Energy Devices vide business transfer agreement dated November 12 2014 and 659000 shares of Rs. 10 each was allotted to Mr. Kalpeshkumar Ramanbhai Patel against purchase of Business. Presently Mr. Kalpeshkumar Ramanbhai Patel is the Promoter of the Company.The Company is engaged providing renewable energy solutions specialized in the manufacturing of Solar photovoltaic module solar home light solar street light solar lantern solar power plant solar invertors solar water heating systems and wood fired water heater etc. The Company precisely manufacture the offered products using optimum grade components and advanced technology in compliance with the set norms of the industry. The Company also provides the offered appliances in numerous specifications and customization in accordance with the demands of the customers. Solex Energy is an ISO 14001:2015 Certification ISO 9001:2015 Certification OHSAS 18001:2007 and CE MARK CERTIFIED offering systems of high quality and reliability. Solex modules are TUV certified tested by the UL India Pvt. Ltd and comply in accordance with the standards.The Companys product ranges from Solar PV Module 3WP 325 WP Solar Lanterns CFL LED Base Solar Home Light System CFL LED Base Solar Street Light System CFL LED Base Solar OffGrid Power Plant Solar Rooftop Systems Solar Grid Connected Power Plant Solar Water Heater Flat Plant Collector Solar Water Heater ETC Type Solar Submersible Pump AC DC Solar Surface Pump DC. It also provides solution for solar roof top system solar home and rural lighting system solar power pack and solar power plant. The Products are eligible for Subsidy from Government which is reduced from sales value during the sale of Product and thereafter release to the Company directly from Government.
OrganisationSolex Energy Ltd
IndustryPower Generation & Distribution