Australian Premium Solar (India) Limited IPO Date, price, Allotment Details

Australian Premium Solar (India) LimitedSME..
Australian Premium Solar (India) Limited IPO Details
Minimum Investment
₹108,000 /1 Lot (2000 shares)
Price Range
₹51-₹54
Max Quantity
1 Lots/2000 Shares
Max Investment
₹108,000
Retail Discount
₹0
Investor category and sub category
Individual- HNI & Retail
Issue Size
28.08 Cr
Employee Discount
₹0
Total Issue Size
5,200,000 Shares
(aggregating up to ₹28.08 Cr)
Share Holding Pree Issue
14,540,000
Issue Type
Book built Issue IPO
Fresh Issue Share
5,200,000 Shares
(aggregating up to ₹28.08.00 Cr)
Share Holding Post Issue
19,740,000
Listing At
NSE SME
.Market Maker Portion
260,000 (Spread x Securities)
Face value
₹10 pr share.

IPO Dates

Offer Starts11 JAN 2024
Offer Ends15 JAN 2024
Allotment16 Dec 2024
Refunds17 JAN 2024
Credit of shares to Demat account17 JAN 2024
IPO Listing18 JAN 2024

About Australian Premium Solar (India) Limited IPO

  • Incorporated in 2013, Australian Premium Solar (India) Limited manufactures monocrystalline and polycrystalline solar modules and provides engineering, procurement, and construction (EPC) services for residential, agricultural, and commercial applications.
  • The company is primarily engaged in the manufacturing of Solar Panels and EPC Services of solar systems.
  • Australian Premium Solar manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) Polycrystalline Solar Panel.
  • Currently in the solar panel segment, they manufacture both monocrystalline and polycrystalline solar panels at their manufacturing facility spread across 25,375 square meters, located at Sabarkantha, Gujarat having a capacity of 200 MW per annum.
  • The products manufactured by the Company are used in residential, agricultural, and commercial installations.
Founded InManaging Director
2013Mr. Mr. Chimanbhai Ranchhodbhai Patel

Australian Premium Solar (India) Limited IPO IPO Prospectus

Australian Premium Solar (India) Limited IPO IPO Prospectus
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Share Holding

Share Holding Pre-Issue98.8%
Share Holding Post-Issue73.64%

Financials

RevenueAll values are in Rs. Lakhs
YearValues
2021₹7,443.97
2022₹9,832.92
2023₹9,495.86
All values are in Rs. Lakhs
Total Asset
YearValues
2021₹3,501.67
2022₹3,468.37
2023₹3,918.90
All values are in Rs. Lakhs
Profit
YearValues
2021₹180.11
2022₹270.48
2023₹333.43

Fundamentals

ValuesValues
Market capROE26.05%
P/E (X)23.58ROCE30.62%
POST P/E (X)EPS2.29
Debt to Equity0.15RONW23.05%

Objects of the Issue

  • Funding capital expenditure.
  • To Meet Working Capital Requirements
  • General Corporate Purposes.
  • To meet Public Issue Expenses.

Brokerage Firm IPO Review

  • To be updated soon
Australian Premium Solar (India) Limited IPO Contact Details
AddressAustralian Premium Solar (India) Limited
Tajpur,
NH-08 TA-Prantij,
Sabarkantha – 383205
Phone:+91 87359 32511
E-mailcompliance@australianpremiumsolar.co.in
Websitehttp://www.australianpremiumsolar.co.in/
Australian Premium Solar (India) Limited IPO
IPO Registrar
.Link Intime India Private Ltd
Phone+91-22-4918 6270
E-mail]australianpremium.ipo@linkintime.co.in
Websitehttps://linkintime.co.in/
Australian Premium Solar (India) Limited IPO Lead Managers
Beeline Capital Advisors Pvt Ltd
.
Australian Premium Solar (India) Limited IPO Allotment Status Check
Australian Premium Solar (India) Limited IPO Allotment Status Check Click Here

Australian Premium Solar (India) Limited IPO FAQs

What is Australian Premium Solar (India) Limited IPO?
  • Australian Premium Solar (India) Limited IPO is an NSE SME IPO. They are going to raise ₹28.08 Crores via IPO. The issue is priced at ₹51 to ₹52 per equity share. The IPO is to be listed on NSE.
When Australian Premium Solar (India) Limited IPO will open?
  • The IPO is to open on January 11, 2023, for QIB, NII, and Retail Investors.
What is Australian Premium Solar (India) Limited IPO Investors Portion?
  • The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Australian Premium Solar (India) Limited IPO Size?
  • Australian Premium Solar (India) Limited IPO size is ₹28.08 crores.
What is Australian Premium Solar (India) Limited IPO Price Band?
  • Australian Premium Solar (India) Limited IPO Price Band is ₹51 to ₹54 per equity share.
What is Australian Premium Solar (India) Limited IPO Minimum and Maximum Lot Size?
  • The IPO bid is Minimum 1 Lot (2000 Shares) with ₹108,000. and Maximum Lot Size 1 Lots / 2000 Shares with ₹108,000
What is Australian Premium Solar (India) Limited IPO Allotment Date?
  • Australian Premium Solar (India) Limited IPO allotment date is January 16, 2024.
What is Australian Premium Solar (India) Limited IPO Listing Date?
  • Australian Premium Solar (India) Limited IPO listing date is January 18, 2024. The IPO to list on NSE SME.

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