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Australian Premium Solar (India) Ltd
Registered Office:
Tajpur NH-08,TA-Prantij, Sabarkantha - 383205, Gujarat, India.
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
Opens On Closes On
11-Jan-24 15-Jan-24
Money Payable On
Application Allotment
54.00 0.00
Minimum Application for shares in Nos : 2000  Further Multiples of : 2000
()(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 () 54.00  
Projects
Funding capital expenditure
To meet working capital requirements
General corporate purposes
Promoted By
Chimanbhai Ranchhodbhai Patel
Savitaben Chimanbhai Patel
Nikunjkumar Chimanlal Patel
Listing At
NSE - SME
Registrar to the Issue