Insolation Energy Share Increased 4700% From IPO In 18 Months

Insolation Energy Share price increased 4700% from its IPO. The company IPO price was 38 rupees, but as of April 16, 2024, the share price has increased to 1804 rupees.

Insolation Energy Share Increased 4700% From IPO In 18 Months
Insolation Energy Share Increased 4700% From IPO In 18 Months

In October 2022, the company IPO was listed at 76.1 rupees, with a premium of 111.4%. The base price of the IPO was 38 rupees.

In the last year, the share price of Insolation Energy has risen from 149 to 1804 rupees. This stock has given a total return of 1110% within this timeframe.

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The 52-week high of Insolation Energy Share is 1804.35 Rupees while its 52-week low is 118.50 rupees. The total market capitalization of the company is ₹37.59 billion. The company is not listed on the National Stock Exchange, only on BSE SME.

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Insolation Energy is a company that manufactures solar panels. It was founded in 2015. The chairman of this company is Manish Gupta, and the managing director is Mr. Vikas Jain. The company head office is in Jaipur, Rajasthan, India.

Disclaimer: Tradingminds does not provide advice or specific recommendations on investment decisions. (Before investing in the stock market, do your research or seek advice from a financial advisor.)

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Satish Godara is the founder and publisher of TradingMinds.in, a financial information and investment-education website focused on IPOs, Grey Market Premium (GMP), stock-market information, financial calculators, and investor resources.Through TradingMinds.in, Satish focuses on making financial information easier to understand and accessible to retail investors. He publishes content covering IPO price bands, subscription details, important dates, allotment information, listing updates, GMP, market-related topics, and practical financial tools.Satish has a particular interest in simplifying complex financial information and developing useful online resources that help readers research and understand financial topics.His areas of interest include IPO research, equity markets, investment education, financial technology, financial calculators, and investor-focused digital tools.

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