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Bright Solar Ltd
Registered Office:
C-1103 Titanium Square Thaltej,Circle SG Highway Thaltej, Ahmedabad - 380059, Gujarat, India.
Email :  NA
Public issue of 54,00,000 equity shares of face value of Rs. 10 each of Bright Solar Limited ("bright" or the "company" or the "issuer") for cash at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share (the "issue price") aggregating to Rs. 19.44 Crores ("the issue"), of which 2,70,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share aggregating to Rs. 0.97 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 51,30,000 equity shares of face value of Rs. 10 each at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share aggregating to Rs. 18.47 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.47% and 25.15% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 36. The issue price is 3.6 times of the face value.
Issue
Opens On Closes On
26-Jun-18 29-Jun-18
Money Payable On
Application Allotment
36.00 0.00
Minimum Application for shares in Nos : 3000  Further Multiples of : 3000
()(Cr.) Lead Managers to the Issue
Project Cost () 19.44 Swastika Investmart Ltd
Project Financed through Current Offer () 19.44  
Post Issue Equity Share Capital () 20.40  
Issue Price () 36.00  
Projects
Acquisition of Land, its Registration, Stamping & Other Charges for setting up Solar PV Modules/Panels Manufacturing unit
Working Capital Requirements
General Corporate Purpose
Promoted By
Piyushkumar Babubhai Thumar
Listing At
NSE - SME
Registrar to the Issue