m.Stock by Mirae AssetOpen an Account
m.Stock by Mirae Asset

IPO Australian Premium Solar (India) Ltd

  • Price Range

    ₹51 - ₹54

  • Min. Quantity

    2,000

  • Closes on

    15 January 2024

  • Min. investment

    ₹1,08,000/2,000 Shares

Australian Premium Solar (India) Ltd IPO Timeline

Australian Premium Solar India Limited was originally incorporated as 'Australian Solar Panel (India) Private Limited' vide Certificate of

EventDate
Australian Premium Solar (India) Ltd IPO Opening Date11 January 2024
Australian Premium Solar (India) Ltd IPO Closing Date 15 January 2024
Basis of Allotment16 January 2024
Initiation of Refunds17 January 2024
Credit of Shares to Demat17 January 2024
Australian Premium Solar (India) Ltd IPO Listing Date18 January 2024

Australian Premium Solar (India) Ltd IPO Details

Australian Premium Solar (India) Ltd IPO Date11 January 2024 to 15 January 2024
Australian Premium Solar (India) Ltd IPO Face Value10 per share
Australian Premium Solar (India) Ltd IPO Price51 to ₹54 per share
Australian Premium Solar (India) Ltd IPO Lot Size2,000
Issue SizeShares of ₹10 (aggregating up to ₹28.08 Cr)
Fresh IssueShares of ₹10 (aggregating up to ₹28.08 Cr)
Offer for Sale-
Issue TypeBook Building - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersChimanbhai Ranchhodbhai Patel, Savitaben Chimanbhai Patel, Nikunjkumar Chimanlal Patel

Australian Premium Solar (India) Ltd IPO Lot Size

The Australian Premium Solar (India) Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,08,000).

Application LotsSharesAmount
Minimum12,000₹1,08,000
Maximum12,000₹1,08,000
  • Risks
  • Opportunities
  • Experienced Promoters and Management Team.
  • Long term Relationship with the Clients.
  • Scalable Business Model.

Company Financials

Australian Premium Solar (India) Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-202480.38150.326.15
03-202339.1694.963.30
03-202234.6898.332.70
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding capital expenditure
  • To meet working capital requirements
  • General corporate purposes

Australian Premium Solar (India) Ltd IPO Promoter Holding

Pre Issue Share Holding26.04%
Post Issue Share Holding19.18%

Australian Premium Solar (India) Ltd IPO Subscription Status (Bidding Detail)

The Australian Premium Solar (India) Ltd IPO is subscribed 308.9138 times on 15 January 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----308.9138

Australian Premium Solar (India) Ltd IPO Prospectus

Australian Premium Solar (India) Ltd IPO Listing Date

Listing Date18 January 2024
BSE Script 91937
NSE SymbolAPS
Listing In NSE - SME
ISININE0P0001010
IPO Price54
Face Value10

Company Contact Information

Australian Premium Solar (India) Ltd
Tajpur NH-08TA-Prantij,Sabarkantha-383205
Phone: +91 87359 32511
Email: compliance@australianpremiumsolar.co.in
Website: www.australianpremiumsolar.co.in

Australian Premium Solar (India) Ltd IPO Registrar

Phone:+91 22 4918 6200
Email: australianpremium.ipo@linkintime.co.in
Website: www.linkintime.co.in

Australian Premium Solar (India) Ltd IPO Lead Manager(s)

  1. Beeline Capital Advisors Pvt Ltd

FAQ

What is the issue size of Australian Premium Solar (India) Ltd IPO?

Australian Premium Solar (India) Ltd IPO, which opens for subscription from to 15 January 2024 has an issue size of ₹28.08 crore. The issue type is book building issue.

I have pre-applied for Australian Premium Solar (India) Ltd IPO. When will my order get placed?

In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

What are the open and close dates for Australian Premium Solar (India) Ltd IPO?

Australian Premium Solar (India) Ltd IPO Opens for subscription from 11 January 2024 to 15 January 2024

What is the lot size and minimum order quantity of the Australian Premium Solar (India) Ltd IPO?

The lot size of Australian Premium Solar (India) Ltd is 2,000 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,08,000 and ₹1,08,000 respectively.

What are the allotment dates for the Australian Premium Solar (India) Ltd IPO?

Allotment date for Australian Premium Solar (India) Ltd is 16 January 2024 and refund of application amount (in case allotment is not received) will begin from 17 January 2024. If your allotment goes through, then shares will be credited in your Demat account by 17 January 2024.

Who is the registrar of Australian Premium Solar (India) Ltd IPO?

The registrar for Australian Premium Solar (India) Ltd IPO is MUFG Intime India Pvt Ltd. You can check your IPO allotment status on the registrar's website.

Where is the Australian Premium Solar (India) Ltd IPO getting listed?

The shares of Australian Premium Solar (India) Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)