Australian Premium Solar (India) Limited

Company Profile
Company Name Australian Premium Solar (India) Limited
Open Date 11-01-2024
Close Date 15-01-2024
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹51 to ₹54 per share
Issue Size 52,00,000 shares
Application Amount ₹1,08,000
Recommendation Apply
Australian Premium Solar (India) Limited was originally incorporated in the year 2013 and has its registered office in Sabarkantha, Gujarat, India.The company is in the business of manufacturing Monocrystalline and Polycrystalline Solar Panels and Engineering, procurement, and construction (“EPC”) services.The company also provides installation services for solar panels and solar pumps and undertakes installation services under this segment for household and industrial end-users.As of 31st July 2023, the Company had 169 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Jul-23
Total Assets 3,501.67 3,468.38 3,918.90 4,416.90
Net Assets 847.10 1,113.19 1,446.62 1,563.37
Total Borrowings 328.95 299.37 222.13 196.23
Total Revenue 7,443.97 9,832.92 9,495.86 5,027.28
Profit After Tax 180.11 270.47 333.43 113.17

Tentative Timeline

Opening Date 11-01-2024
Closing Date 15-01-2024
Basis of Allotment 16-01-2024
Initiation of Refunds 17-01-2024
Credit of Shares to Demat 17-01-2024
Listing Date 18-01-2024

Objects of the Issue

Funding capital expenditure.
To Meet Working Capital Requirements.
General Corporate Purpose.
To meet Public Issue Expenses.

Contact Information

Registered Office Australian Premium Solar (India) Limited Tajpur, NH-08 TA-Prantij, Sabarkantha - 383205
Phone +91 87359 32511

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Pre % 99.98%
Post % 73.64%

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