Australian Premium Solar (India) Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 11 to Jan 15, 2024
Price Band
₹51-54
Current GMP
₹172 (218.52%)
Subscription
464.19 times
IPO Details
| IPO Date | January 11, 2024 to January 15, 2024 |
| Listing Date | Thursday, January 18, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹51 to ₹54 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 5,200,000 shares (aggregating up to ₹28.08 Cr) |
| Fresh Issue | 5,200,000 shares (aggregating up to ₹28.08 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 14,540,000 |
| Share holding post issue | 19,740,000 |
| Market Maker portion | 260,000 shares Spread X Securities |
IPO Date
January 11, 2024 to January 15, 2024
Listing Date
Thursday, January 18, 2024
Face Value
₹10 per share
Price Band
₹51 to ₹54 per share
Lot Size
2000 Shares
Total Issue Size
5,200,000 shares (aggregating up to ₹28.08 Cr)
Fresh Issue
5,200,000 shares (aggregating up to ₹28.08 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
14,540,000
Share holding post issue
19,740,000
Market Maker portion
260,000 shares Spread X Securities
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 107.02 |
| Non-Institutional Buyers* | 772.87 |
| Retail Investors | 535.77 |
| Total ** | 464.19 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
107.02
Non-Institutional Buyers*
772.87
Retail Investors
535.77
Total **
464.19
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jan 11, 2024 | 0.07 | 19.61 | 45.20 | 26.82 |
| Day 2 Jan 12, 2024 | 5.62 | 55.59 | 114.20 | 70.63 |
| Day 3 Jan 15, 2024 | 107.02 | 772.87 | 535.77 | 464.19 |
DayDay 1
Jan 11, 2024
QIB0.07
NII*19.61
Retail45.20
Total26.82
DayDay 2
Jan 12, 2024
QIB5.62
NII*55.59
Retail114.20
Total70.63
DayDay 3
Jan 15, 2024
QIB107.02
NII*772.87
Retail535.77
Total464.19
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 18-01-2024 | 54.00 | 55 (101.85%) | 109 |
| 17-01-2024 | 54.00 | 55 (101.85%) | 109 |
| 16-01-2024 | 54.00 | 50 (92.59%) | 104 |
| 15-01-2024 | 54.00 | 48 (88.89%) | 102 |
| 14-01-2024 | 54.00 | 50 (92.59%) | 104 |
| 13-01-2024 | 54.00 | 42 (77.78%) | 96 |
| 12-01-2024 | 54.00 | 35 (64.81%) | 89 |
| 11-01-2024 | 54.00 | 30 (55.56%) | 84 |
| 10-01-2024 | 54.00 | 30 (55.56%) | 84 |
| 09-01-2024 | 54.00 | 30 (55.56%) | 84 |
| 08-01-2024 | 54.00 | 24 (44.44%) | 78 |
| 07-01-2024 | 54.00 | 10 (18.52%) | 64 |
| 06-01-2024 | 54.00 | 6 (11.11%) | 60 |
Date18-01-2024
Price54.00
GMP55 (101.85%)
Estimate List Price109
Date17-01-2024
Price54.00
GMP55 (101.85%)
Estimate List Price109
Date16-01-2024
Price54.00
GMP50 (92.59%)
Estimate List Price104
Date15-01-2024
Price54.00
GMP48 (88.89%)
Estimate List Price102
Date14-01-2024
Price54.00
GMP50 (92.59%)
Estimate List Price104
Date13-01-2024
Price54.00
GMP42 (77.78%)
Estimate List Price96
Date12-01-2024
Price54.00
GMP35 (64.81%)
Estimate List Price89
Date11-01-2024
Price54.00
GMP30 (55.56%)
Estimate List Price84
Date10-01-2024
Price54.00
GMP30 (55.56%)
Estimate List Price84
Date09-01-2024
Price54.00
GMP30 (55.56%)
Estimate List Price84
Date08-01-2024
Price54.00
GMP24 (44.44%)
Estimate List Price78
Date07-01-2024
Price54.00
GMP10 (18.52%)
Estimate List Price64
Date06-01-2024
Price54.00
GMP6 (11.11%)
Estimate List Price60
IPO Important Dates
| IPO Open Date | Thursday, January 11, 2024 |
| IPO Close Date | Monday, January 15, 2024 |
| Basis of Allotment | Tuesday, January 16, 2024 |
| Initiation of Refunds | Wednesday, January 17, 2024 |
| Credit of Shares to Demat | Wednesday, January 17, 2024 |
| Listing Date | Thursday, January 18, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 15, 2024 |
IPO Open Date
Thursday, January 11, 2024
IPO Close Date
Monday, January 15, 2024
Basis of Allotment
Tuesday, January 16, 2024
Initiation of Refunds
Wednesday, January 17, 2024
Credit of Shares to Demat
Wednesday, January 17, 2024
Listing Date
Thursday, January 18, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 15, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹108,000 |
| Retail (Max) | 1 | 2000 | ₹108,000 |
| HNI (Min) | 2 | 4,000 | ₹216,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹108,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹108,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹216,000
Financial Information
| Period Ended | 31 Jul 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Jul 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 4,416.89 | 3,918.90 | 3,468.37 |
| Revenue | 5,027.28 | 9,495.86 | 9,832.92 |
| Profit After Tax | 113.16 | 333.43 | 270.48 |
| Net Worth | 1,563.37 | 1,446.62 | 1,113.19 |
| Reserves and Surplus | 109.37 | 1,444.62 | 1,111.19 |
| Total Borrowing | 196.23 | 222.13 | 299.37 |
Period EndedPeriod Ended
31 Jul 202331 Jul 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Jul 20234,416.89
31 Mar 20233,918.90
31 Mar 20223,468.37
Period EndedRevenue
31 Jul 20235,027.28
31 Mar 20239,495.86
31 Mar 20229,832.92
Period EndedProfit After Tax
31 Jul 2023113.16
31 Mar 2023333.43
31 Mar 2022270.48
Period EndedNet Worth
31 Jul 20231,563.37
31 Mar 20231,446.62
31 Mar 20221,113.19
Period EndedReserves and Surplus
31 Jul 2023109.37
31 Mar 20231,444.62
31 Mar 20221,111.19
Period EndedTotal Borrowing
31 Jul 2023196.23
31 Mar 2023222.13
31 Mar 2022299.37
Key Performance Indicator
| ROE | 26.05% |
| ROCE | 30.62% |
| Debt/Equity | 0.15 |
| RoNW | 23.05% |
| EPS (Rs) | 2.29 |
ROE
26.05%
ROCE
30.62%
Debt/Equity
0.15
RoNW
23.05%
EPS (Rs)
2.29
IPO Reservation
| Anchor Investor Shares Offered | 1,480,000 (28.46%) |
| Market Maker Shares Offered | 260,000 (5.00%) |
| QIB Shares Offered | 988,000 (19.00%) |
| NII (HNI) Shares Offered | 742,000 (14.27%) |
| Retail Shares Offered | 1,730,000 (33.27%) |
| Total Shares Offered | 5,200,000 (100%) |
Anchor Investor Shares Offered
1,480,000 (28.46%)
Market Maker Shares Offered
260,000 (5.00%)
QIB Shares Offered
988,000 (19.00%)
NII (HNI) Shares Offered
742,000 (14.27%)
Retail Shares Offered
1,730,000 (33.27%)
Total Shares Offered
5,200,000 (100%)
Information about company
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.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App