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Australian Premium Solar (India) Ltd

Australian Premium Solar (India) Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹54
₹54
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹54
Based on GMP
Min. Investment
₹108,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
11 Jan 2024
Close Date
15 Jan 2024
Allotment
16 Jan 2024
Listing Date
18 Jan 2024
Exchange
NSE SME
Price Band
₹54
Listing Price
See chart
Allotment Status
Price Band
₹54
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
52,00,000 shares (aggregating up to ₹28.08 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹108,000
1 lot
Post-IPO Holding
1,97,40,000 shares
Promoters
P/E (Pre)
23.58x
 
EPS (Pre)
₹2.29
 
UPI Deadline
2024-01-15
Mandate
Anchor AllotmentWed, 10 Jan 2024
Basis of AllotmentTue, 16 Jan 2024
Refund InitiationWed, 17 Jan 2024
Demat CreditWed, 17 Jan 2024
Listing DayThu, 18 Jan 2024
UPI Mandate Deadline2024-01-15
Sale TypeFresh Capital
Net Offer to Public49,40,000 shares (aggregating up to ₹26.68 Cr)
Market Maker Quota2,60,000 shares (aggregating up to ₹1.40 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Australian Premium Solar (India) Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 15 Jan 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
260,000
₹1.40
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,200,000
100% ₹28.08
IPO Shares Offered
Australian Premium Solar (India) Ltd IPO total issue size: ₹28.08 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 260,000 ₹1.40
5.00%
Total 5,200,000 ₹28.08
100.00%
* Based on upper price band ₹54 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹54.00
Upper Band
Min Investment
₹108,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹216,000
Retail (Max — 13 Lots)1326,000₹1,404,000
S-HNI (Min — 14 Lots)1428,000₹1,512,000
B-HNI (Min — 68 Lots)68136,000₹7,344,000
* Issue Price ₹54 × Lot Size 2,000 shares
IPO Schedule
Anchor
10 Jan 2024
✓ Done
IPO Open
11 Jan 2024
✓ Done
IPO Close
15 Jan 2024
✓ Done
Allotment
16 Jan 2024
✓ Done
Refunds
17 Jan 2024
✓ Done
Demat Credit
17 Jan 2024
✓ Done
Listing Day
18 Jan 2024
✓ Done
Australian Premium Solar (India) Ltd — Live Price LIVE
₹54.00
INR · NSE
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Issue ₹54.00 Live Price
About Australian Premium Solar (India) Ltd
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 manufactures two types of solar panels:Monocrystalline solar panels: The solar cells used in monocrystalline solar panels are more efficient and have a darker, uniform appearance due to their monocrystalline structure, allowing the busbars (copper-coated thin ribbons) to be placed more strategically without significantly detracting from the appearance.Polycrystalline solar panels: Solar cells used in polycrystalline solar panels have a blue or speckled appearance due to their multicrystalline structure; busbars may need to be positioned to accommodate the less uniform appearance of these cells.The company also provides installation services for solar panels and solar pumps for residential and industrial end users, while it also provides installation services for solar pumps for agricultural end users.By August 31, 2023, the company has provided more than 10,000 customers with the installation of solar panels, of which more than 9500 have been installed on the roofs of residential buildings and more than 1300 with solar pumps for agriculture.The company's manufacturing facility is located in Sabarkantha, Gujarat, India. As at July 31, 2023, the company employed a total of 169 people.
Objects of the Issue
1
Funding capital expenditure.
2
To Meet Working Capital Requirements.
3
General Corporate Purpose.
4
To meet Public Issue Expenses.
Australian Premium Solar (India) Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹9,832.9
31 Mar 2022
₹9,495.9
31 Mar 2023
₹5,027.3
31 Jul 2023
Profit After Tax (PAT)
₹270.5
31 Mar 2022
₹333.4
31 Mar 2023
₹113.2
31 Jul 2023
Particulars31 Jul 202331 Mar 202331 Mar 2022
Revenue from Operations 5027.28 9495.86 9832.92
EBITDA N/A N/A N/A
Profit After Tax (PAT) 113.16 333.43 270.48
Net Worth 1563.37 1446.62 1113.19
Total Assets 4416.89 3918.90 3468.37
Reserves & Surplus 109.37 1444.62 1111.19
Borrowings 196.23 222.13 299.37
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
26.05%
RoCE
30.62%
RoNW
23.05%
Debt/Equity
0.15
Issue Structure & Shareholding
Total Shares Offered52,00,000 (100.00%)
Net Offer to Public49,40,000 shares (aggregating up to ₹26.68 Cr)
Reserved for Market Maker2,60,000 shares (aggregating up to ₹1.40 Cr)
Pre-Issue Promoter HoldingN/A
Post-Issue Promoter Holding1,97,40,000 shares
P/BV RatioN/A
RoE26.05%
RoCE30.62%
Debt / Equity0.15
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Australian Premium Solar (India) Ltd IPO subscribed?

Australian Premium Solar (India) Ltd IPO is subscribed 1.00 times by Jan 15, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Australian Premium Solar (India) Ltd IPO retail subscription status?

The Australian Premium Solar (India) Ltd IPO retail category is subscribed 1.00 times as of 15 Jan 2024. The retail portion is oversubscribed.

How to subscribe Australian Premium Solar (India) Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 11 Jan 2024 and closes 15 Jan 2024. Min investment: ₹108,000 (1 lot = 2,000 shares). UPI mandate: 2024-01-15.

How many times Australian Premium Solar (India) Ltd IPO subscribed?

The Australian Premium Solar (India) Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Australian Premium Solar (India) Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Jan 2024. Refunds: on 17 Jan 2024.

When Australian Premium Solar (India) Ltd IPO will be listed?

The Australian Premium Solar (India) Ltd IPO listing date is 18 Jan 2024, Thursday. Listed on: NSE SME. Issue price: ₹54. Estimated listing: ₹54. GMP: NIL.

When Australian Premium Solar (India) Ltd IPO close?

The Australian Premium Solar (India) Ltd IPO closes on 15 Jan 2024, Monday. UPI mandate: 2024-01-15. Allotment: 16 Jan 2024. Listing: 18 Jan 2024.