The Australian Premium Solar IPO commenced on January 11, 2024, and concluded on January 15, 2024. The allotment of shares took place on January 16, 2024, and the initiation of refunds began on January 17, 2024. The shares were credited to the demat accounts of investors on January 17, 2024. Finally, the listing of Australian Premium Solar on the stock exchange occurred on January 18, 2024.
The Australian Premium Solar IPO was priced at ₹51 to ₹54 per share, with a lot size of 2000 shares. The total issue size was ₹28.08 crores, comprising a fresh issue of ₹28.08 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Australian Premium Solar IPO Basic Details
| Company Name | Australian Premium Solar India Limited |
| Domain of Company | Solar Panel Manufacturing Company |
| Australian Premium Solar IPO GMP Today | ₹24 |
| Australian Premium Solar IPO Listing Gain | 44.44% |
| Australian Premium Solar IPO Open Date | January 11, 2024 |
| Australian Premium Solar IPO Close Date | January 15, 2024 |
| Australian Premium Solar IPO Allotment Date | January 16, 2024 |
| Australian Premium Solar IPO Listing Date | January 18, 2024 |
| Face Value | ₹10 per share |
| Price | ₹51 to ₹54 per share |
| Lot Size | 2000 Shares |
| Issue Size | 5,200,000 shares of ₹10 (aggregating up to ₹28.08 Cr) |
| Fresh Issue | 5,200,000 shares of ₹10 (aggregating up to ₹28.08 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Chimanbhai Ranchhodbhai Patel, Mrs. Savitaben Chimanbhai Patel, and Mr. Nikunjkumar Chimanlal Patel |
Australian Premium Solar IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹24 | 44.44% | – | – |
| 8 January 2023 | ₹20 | 37.04% | – | – |
| 7 January 2023 | ₹10 | 18.52% | – | – |
| 6 January 2023 | ₹10 | 18.52% | – | – |
Australian Premium Solar India IPO Details:
Australian Premium Solar (India) Limited started in 2013. They make two kinds of solar panels. One type is monocrystalline, which has efficient solar cells and a consistent, dark look. The busbars (copper-coated ribbons) in these panels are strategically placed without affecting the appearance much.
The other type is polycrystalline, which has solar cells with a blue or speckled look. Busbars in these panels may need to be arranged to fit the less uniform appearance.
The company not only makes solar panels but also offers services. They help with the engineering, procurement, and construction (EPC) for homes, farms, and businesses. They also install solar panels and solar pumps for homes and industries. Additionally, they install solar pumps for farms.
By August 31, 2023, the company has installed solar panels for over 10,000 customers. Most of these, more than 9,500, are on the roofs of homes. They’ve also installed over 1,300 solar pumps for agriculture.
The company’s manufacturing facility is in Sabarkantha, Gujarat, India. As of July 31, 2023, they have a total of 169 employees.
Australian Premium Solar IPO More Details Click Here
Australian Premium Solar IPO FAQs
When is Australian Premium Solar IPO open?
Australian Premium Solar IPO will open on 11 January 2024.
When is Australian Premium Solar IPO Close?
Australian Premium Solar IPO will be closed on 15 January 2024.
What is Australian Premium Solar IPO GMP Today?
The Australian Premium Solar IPO GMP aka Grey Market Premium is ₹24.
What is Australian Premium Solar IPO Kostak Rates Today?
The Australian Premium Solar IPO Kostak Rate is ₹000.
What is Australian Premium Solar IPO Subject to Sauda Price Today?
The Australian Premium Solar IPO subject to sauda rates is ₹000.
Australian Premium Solar IPO Expected Returns?
The Australian Premium Solar expected return is 44.44%.
How much will be the listing gain in Australian Premium Solar IPO?
Australian Premium Solar IPO will get listing gain of 44.44%. (Approx.)
