Australian Premium Solar (India) Limited

Australian Premium Solar (India) Limited bidding starts from January 11, 2024 and ends on January 15, 2024. The allotment for the Australian Premium Solar (India) Limited is expected to be finalized on January 16, 2024. Australian Premium Solar (India) Limited will list on NSE SME with tentative listing date fixed as January 18, 2024. Australian Premium Solar (India) Limited price band is set at ₹51 to ₹54 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹1,08,000.

Important Dates:-

ParticularsValue
Open Date:-January 11, 2024
Close Date:-January 15, 2024
Allotment Date:-January 16, 2024
Listing Date:-January 18, 2024

About Australian Premium Solar (India) Limited :-

Established in 2013, Australian Premium Solar (India) Limited specializes in the production of both monocrystalline and polycrystalline solar modules, offering engineering, procurement, and construction (EPC) services for residential, agricultural, and commercial applications.

The company's manufacturing includes two types of solar panels:

Monocrystalline solar panels: These panels utilize solar cells with a monocrystalline structure, ensuring higher efficiency and a consistent, darker appearance. The strategic placement of busbars (copper-coated thin ribbons) is facilitated without significantly affecting the overall look.

Polycrystalline solar panels: Solar cells in this type exhibit a blue or speckled appearance due to their multicrystalline structure. Busbars may be positioned to accommodate the less uniform appearance of these cells.

In addition to manufacturing, the company offers installation services for solar panels and solar pumps, catering to residential, industrial, and agricultural end-users.

As of August 31, 2023, Australian Premium Solar (India) Limited has successfully installed solar panels for over 10,000 customers, with more than 9,500 installations on residential roofs and over 1,300 solar pump installations for agriculture.

The company's manufacturing facility is situated in Sabarkantha, Gujarat, India. As of July 31, 2023, the company maintains a workforce of 169 employees.

Contact Details :-

Address:- Australian Premium Solar (India) Limited Tajpur, NH-08 TA-Prantij, Sabarkantha - 383205

Phone:- +91 87359 32511

E-mail:- compliance@australianpremiumsolar.co.in

Website:- http://www.australianpremiumsolar.co.in/

IPO Details :-

ParticularsValue
IPO Type:-SME
Price:-₹51 to ₹54
Lot Size:-2000
Minimum Amount for 1 Lot:-1,08,000
Listing At:-NSE SME
Total issue of Shares:-52,00,000
Total issue Size:-28.08 Crore
Fresh issue of Shares:-52,00,000
Fresh issue Size:-28.08 Crore
Face Value:-10 per Equity Share

Financial Information :-

Amount in ₹ Lakh

Period Ended31 Jul 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets4,416.893,918.90 3,468.373,501.67
Revenue5,027.289,495.86 9,832.927,443.97
Profit After Tax113.16333.43270.48180.11
Net Worth1,563.371,446.621,113.19847.10
Reserves and Surplus109.371,444.621,111.19845.10
Total Borrowing196.23222.13299.37328.96

Key Performance Indicator :-

ParticularsValue
Market Cap (₹ in Crore):-106
ROE:-26.05%
ROCE:-30.62%
Debt/Equity:-0.15
RoNW:-23.05%

IPO Prospectus :-

ParticularsLink
Australian Premium Solar (India) Limited DHRP:-Click Here
Australian Premium Solar (India) Limited RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
15-01-20244810288.89%
16-01-20245010492.59%
17-01-2024 55109101.85%
18-01-202455109101.85%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
January 11, 20240.0719.6145.2019.6119.6126.82
January 12, 20245.6255.59114.2055.5955.5970.63
January 15, 2024107.02772.87535.77772.87772.87464.19

Listing Details :-

ParticularsValue
Listing Date:-January 18, 2024
NSE Symbol :-APS
ISIN:-INE0P0001010
Final Issue Price:-54.00
Open:-140.00
Low:-140.00
High:-147.00
Close:-147.00

Australian Premium Solar (India) Limited FAQ :-

What is the opening date for Australian Premium Solar (India) Limited?

The Australian Premium Solar (India) Limited opens on January 11, 2024.

What is the closing date for Australian Premium Solar (India) Limited?

The Australian Premium Solar (India) Limited closes on January 15, 2024.

When will the shares be allotted for Australian Premium Solar (India) Limited?

Shares of Australian Premium Solar (India) Limited will be allotted on January 16, 2024.

What is the listing date for Australian Premium Solar (India) Limited?

The listing date for Australian Premium Solar (India) Limited is January 18, 2024.

What is the price/ price range for Australian Premium Solar (India) Limited?

The price/ price range for Australian Premium Solar (India) Limited is ₹51 to ₹54.

What is the minimum lot size for the Australian Premium Solar (India) Limited?

The minimum lot size for Australian Premium Solar (India) Limited is 2000 shares.

What is the minimum investment required for retail investors in the Australian Premium Solar (India) Limited?

The minimum investment required for retail investors in the Australian Premium Solar (India) Limited is ₹1,08,000.

What type of IPO is the Australian Premium Solar (India) Limited?

The type of Australian Premium Solar (India) Limited is SME.

What is the total issue size of the Australian Premium Solar (India) Limited?

The total issue size of Australian Premium Solar (India) Limited is ₹28.08 Crore.

How many shares are being offered in the Australian Premium Solar (India) Limited?

Total 52,00,000 shares are being offered in the Australian Premium Solar (India) Limited.

What is the face value of Australian Premium Solar (India) Limited share?

The face value of Australian Premium Solar (India) Limited share is ₹10.

What is the market capitalization of the Australian Premium Solar (India) Limited?

The market capitalization of the Australian Premium Solar (India) Limited is ₹106.6 Crore.

Who is the registrar for the Australian Premium Solar (India) Limited?

The registrar for the Australian Premium Solar (India) Limited is .

Where can I check the IPO Allotment status for Australian Premium Solar (India) Limited?

You can check the IPO Allotment status for Australian Premium Solar (India) Limited at .

What is the email address and website of Australian Premium Solar (India) Limited?

The email address of Australian Premium Solar (India) Limited is compliance@australianpremiumsolar.co.in and website is http://www.australianpremiumsolar.co.in/.

What is the Australian Premium Solar (India) Limited GMP (Grey Market Premium) as of 18-01-2024?

The latest GMP for Australian Premium Solar (India) Limited is ₹55 as of 18-01-2024.