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Australian Premium Solar (India) Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Australian Premium Solar (India) Ltd IPO

Registered Office: Tajpur NH-08,TA-Prantij , Sabarkantha - 383205 , Gujarat , India.
Phone : +91 87359 32511   Fax:
Email :  compliance@australianpremiumsolar.co.in  
Website :  www.australianpremiumsolar.co.in
Initial public issue of 5200000 equity shares of face value of (Rs)10/- each of Australian Premium Solar (India) Limited ("APS" or the "Company" or the "Issuer") for cash at a price of (Rs)54/- per equity share including a share premium of (Rs)44/- per equity share (the "Issue Price") aggregating to (Rs)28.08 crores ("The Issue"), of which 260000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)54/- per equity share including a share premium of (Rs)44/- per equity share aggregating to (Rs)1.40 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 4940000 equity shares of face value of (Rs)10/- each at a price of (Rs)54/- per equity share including a share premium of (Rs)44/- per equity share aggregating to (Rs)26.68 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.34 % and 25.03%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each.

Issue Money Payable On
Opens On Closes On Application Allotment
11-Jan-24 15-Jan-24 (Rs)54.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 27.38
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 28.08  
Post Issue Equity Share Capital 19.74  
Issue Price (Rs)54.00  
 
Projects
Funding capital expenditureGeneral corporate purposes
To meet working capital requirements
Promoted By
Chimanbhai Ranchhodbhai Patel  
Savitaben Chimanbhai Patel  
Nikunjkumar Chimanlal Patel  
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd