35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

Australian Premium Solar (India) Limited IPO (Australian Premium Solar (India) IPO) Details

Australian Premium Solar (India) Limited is an Solar - Panels based company, located in Sabarkantha, Australian Premium Solar (India) Limited IPO size was 28.08 Cr. and was issued at 54.00 per share. The share of Australian Premium Solar (India) Limited were listed at 147.00 per share and are currently trading at 417.50 per share.

Type :
Sub Sector : Manufacturing Of Monocrystalline And Polycrystalline Solar Panels And Engineering, Procurement, And Construction
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
150.81 Cr.

PAT :
3.39 Cr.

Pricing Report

Issue Price :
54.00

Listing Price :
147.00

Current Market Price :
417.50

Issue Price vs CMP :
363.5 (673.15%)

listing Price vs CMP :
270.5 (184.01%)

Performance Report (CAGR* wise)

CAGR : 546.46
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Australian Premium Solar (India)

Company Information
Australian Premium Solar is one of the recognised brands in the solar industry, which is in the business of manufacturing of Monocrystalline and Polycrystalline Solar Panels and Engineering, procurement, and construction (“EPC”) services thereof. The Company has modern manufacturing facility at Tajpur, Sabarkantha, Gujarat that helps in delivering quality and latest technology products in the industry. The products manufactured by the Company are used in residential, agricultural and commercial installations. Their Promoters, Mr. Chimanbhai Ranchhodbhai Patel and Mrs. Savitaben Chimanlal Patel are associated with the company since incorporation. While one of their current promoters Mr. Nikunj Chimanlal Patel acquired the shares from then existing shareholders in year 2017. Back in 2012, their promoters recognized the potential of solar energy market in India and incorporated this
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Object of Issue
  • Funding capital expenditure
  • To Meet Working Capital Requirements
  • General Corporate Purpose
  • To meet Public Issue Expenses

Australian Premium Solar (India) SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jan, 2024
IPO Size :
28.08 Cr.
Market Cap :
106.60 Cr.   
IPO Subscription :
464.19 X     
PE Multiple :
31.40
IPO Registrar:
Link Intime India Private Limited
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FAQs

Australian Premium Solar (India) operates in Solar - Panels and Manufacturing Of Monocrystalline And Polycrystalline Solar Panels And Engineering, Procurement, And Construction. The Issue is listed on NSE EMERGE in Jan, 2024. Australian Premium Solar (India) IPO size was 28.08 Cr. with Issue price of 54.00 .

Australian Premium Solar (India) IPO subscription was 464.19 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Australian Premium Solar (India) IPO listed at a listing price of 147.00 against the offer price of 54.00.

The current market price of Australian Premium Solar (India) is 417.50.

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