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APSSME / NSEListed
Australian Premium Solar (India)

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.

₹51 - ₹54463.14x sub
Listed Price₹140.00
Listing Gain+159.26%

IPO Schedule & Timeline

Book Built Issue IPO
Open11 Jan 2024
Close15 Jan 2024
Allotment16 Jan 2024
Listing18 Jan 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail17,30,000 shares
33.27%
Nii(hni)7,42,000 shares
14.27%
QIB9,88,000 shares
19%
Market Maker2,60,000 shares
5%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,08,000
HNI2 Lots (4,000 shares)
₹2,16,000

Company Promoters

Mr. Chimanbhai Ranchhodbhai PatelMrs. Savitaben Chimanbhai PatelMr. Nikunjkumar Chimanlal Patel

Company Background

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, ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jul-23 )₹5027.28 Cr
Growth-32.5%
Revenue Trend (₹ in Crores)
0.03.8k7.5k11.3kMar-21Mar-22Mar-23Jul-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jul-23 5,027.28113.164,416.89196.23
Mar-239,495.86333.433,918.90222.13
Mar-229,832.92270.483,468.37299.37
Mar-217,443.97180.113,501.67328.96

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values026.05%30.62%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
16 Jan 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
18 Jan 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Australian Premium Solar (India). Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization16 Jan 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date18 Jan 2024Trading commences on exchange

How to Check Australian Premium Solar (India) Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Australian Premium Solar (India) from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Australian Premium Solar (India) IPO

Complete issue overview for Australian Premium Solar (India) (APS) IPO. The issue features an equity share price band of ₹51 – ₹54 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,08,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions