BRIGHT SOLAR LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO BRIGHT SOLAR LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
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Bright Solar Ltd.

Bright Solar Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹36
₹36
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹36
Based on GMP
Min. Investment
₹108,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
26 Jun 2018
Close Date
29 Jun 2018
Allotment
05 Jul 2018
Listing Date
09 Jul 2018
Exchange
NSE SME
Price Band
₹36
Listing Price
See chart
Allotment Status
Price Band
₹36
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
54,00,000 shares (aggregating up to ₹19.44 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹108,000
1 lot
Pre-IPO Holding
1,50,00,000 shares
Promoters
Post-IPO Holding
2,04,00,000 shares
Promoters
UPI Deadline
2018-06-29
Mandate
Anchor AllotmentMon, 25 Jun 2018
Basis of AllotmentThu, 05 Jul 2018
Refund InitiationFri, 06 Jul 2018
Demat CreditFri, 06 Jul 2018
Listing DayMon, 09 Jul 2018
UPI Mandate Deadline2018-06-29
Sale TypeFresh Capital
Net Offer to Public51,30,000 shares (aggregating up to ₹18.47 Cr)
Market Maker Quota2,70,000 shares (aggregating up to ₹0.9720 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota47.50% of Net Issue
Retail Quota47.50% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Bright Solar Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Jun 2018.
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
270,000
5%
5%
₹0.97
QIB
Over 1.00x
NII / HNI
Over 1.00x
2,565,000
47.5%
47.5%
₹9.23
Retail
Over 1.00x
2,565,000
47.5%
47.5%
₹9.23
Total 1.00x
5,400,000
100% ₹19.44
IPO Shares Offered
Bright Solar Ltd. IPO total issue size: ₹19.44 Cr. Retail: ₹9.23 Cr. NII: ₹9.23 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 270,000 ₹0.97
5.00%
NII 2,565,000 ₹9.23
47.50%
Retail 2,565,000 ₹9.23
47.50%
Total 5,400,000 ₹19.44
100.00%
* Based on upper price band ₹36 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 2,565,000 2,565,000 5,130,000
Allotment price (₹) 36 36 36 36 36 36 36 36
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹9.23 ₹9.23
Times subscribed 1 1 1 1
Shares allotted 2,565,000 2,565,000 5,130,000
No. of allottees
* Upper price band ₹36 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹36.00
Upper Band
Min Investment
₹108,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹216,000
Retail (Max — 13 Lots)1339,000₹1,404,000
S-HNI (Min — 14 Lots)1442,000₹1,512,000
B-HNI (Min — 68 Lots)68204,000₹7,344,000
* Issue Price ₹36 × Lot Size 3,000 shares
IPO Schedule
Anchor
25 Jun 2018
✓ Done
IPO Open
26 Jun 2018
✓ Done
IPO Close
29 Jun 2018
✓ Done
Allotment
05 Jul 2018
✓ Done
Refunds
06 Jul 2018
✓ Done
Demat Credit
06 Jul 2018
✓ Done
Listing Day
09 Jul 2018
✓ Done
Bright Solar Ltd. — Live Price LIVE
₹36.00
INR · NSE
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Issue ₹36.00 Live Price
About Bright Solar Ltd.

Bright Solar Ltd. is proposing an IPO on NSE SME under the SME category. Total issue: 54,00,000 shares (aggregating up to ₹19.44 Cr).

Opens 26 Jun 2018, closes 29 Jun 2018. Listing: 09 Jul 2018. Apply via ASBA or UPI.

Objects of the Issue
1
Object 1
2
Object 2
3
Object 3
Bright Solar Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹4,784.3
31-Mar-15
₹1,547.1
31-Mar-16
₹1,813.0
31-Mar-17
Profit After Tax (PAT)
₹196.9
31-Mar-15
₹70.5
31-Mar-16
₹171.1
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 1812.99 1547.06 4784.25
EBITDA N/A N/A N/A
Profit After Tax (PAT) 171.11 70.53 196.87
Net Worth N/A N/A N/A
Total Assets 3309.49 2212.31 3892.34
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered54,00,000 (100.00%)
Net Offer to Public51,30,000 shares (aggregating up to ₹18.47 Cr)
Reserved for Market Maker2,70,000 shares (aggregating up to ₹0.9720 Cr)
Pre-Issue Promoter Holding1,50,00,000 shares
Post-Issue Promoter Holding2,04,00,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Will be available once DRHP is filed.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Bright Solar Ltd. IPO subscribed?

Bright Solar Ltd. IPO is subscribed 1.00 times by Jun 29, 2018. 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 Bright Solar Ltd. IPO retail subscription status?

The Bright Solar Ltd. IPO retail category is subscribed 1.00 times as of 29 Jun 2018. The retail portion is oversubscribed.

How to subscribe Bright Solar Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 26 Jun 2018 and closes 29 Jun 2018. Min investment: ₹108,000 (1 lot = 3,000 shares). UPI mandate: 2018-06-29.

How many times Bright Solar Ltd. IPO subscribed?

The Bright Solar Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Bright Solar Ltd. IPO allotment?

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Jul 2018. Refunds: on 06 Jul 2018.

When Bright Solar Ltd. IPO will be listed?

The Bright Solar Ltd. IPO listing date is 09 Jul 2018, Monday. Listed on: NSE SME. Issue price: ₹36. Estimated listing: ₹36. GMP: NIL.

When Bright Solar Ltd. IPO close?

The Bright Solar Ltd. IPO closes on 29 Jun 2018, Friday. UPI mandate: 2018-06-29. Allotment: 05 Jul 2018. Listing: 09 Jul 2018.