Australian Premium Solar (India) Limited
Book Built Issue IPO · NSE
- Price band
- ₹51 - ₹54
- Lot size
- 2,000 shares
- Issue amount
- ₹28.08 cr
- Total subscription
- 463.14×
- Opens
- 11 Jan 2024
- Closes
- 15 Jan 2024
- Allotment
- 16 Jan 2024
- Listing
- 18 Jan 2024
Offer at a glance
Issue overview
- Issue size
- 52,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,02,000
- Fresh issue
- ₹28.08 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,08,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,45,40,000
- Shares after issue
- 1,97,40,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,08,000 |
| HNI | 2 | 4,000 | ₹2,16,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.34 | 570.96 |
| RETAIL | 9.34 | 4,986.4 |
| NIB | 4.01 | 3,095.99 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 0 |
| ROE | 26.05 |
| ROCE | 30.62 |
| RONW | 23.05 |
| PRE IPO(PE) | 0 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
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 offers monocrystalline solar panels, known for higher efficiency and a uniform appearance, and polycrystalline solar panels, which have a distinctive blue or speckled look. In addition to solar panel production, the company provides installation services for residential, industrial, and agricultural solar solutions, including solar pumps. By August 31, 2023, it had installed solar panels for over 10,000 customers, including more than 9,500 on residential rooftops and 1,300 solar pumps for agricultural use. The company operates a manufacturing facility in Sabarkantha, Gujarat, and employed 169 people as of July 31, 2023.
Promoters
Mr. Chimanbhai Ranchhodbhai Patel
Mrs. Savitaben Chimanbhai Patel
Mr. Nikunjkumar Chimanlal Patel
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Tajpur, NH-08 TA-Prantij, Sabarkantha - 383205
+91 87359 32511
[email protected]Company website ↗Understanding APS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.