214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Bright Solar IPO (Bright Solar Limited IPO) Detail

Bright Solar Limited is an Solar - Panels based company, located in Ahmedabad, Bright Solar Limited IPO size was 19.44 Cr. and was issued at 36.00 per share. The share of Bright Solar Limited were listed at 37.25 per share and are currently trading at 2.80 per share.

Type :
Sub Sector : Assembling Of DC/AC Solar Pumps And Solar Pump Systems
SME IPO
NSE EMERGE

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

Revenue :
18.13 Cr.

PAT :
1.71 Cr.

Pricing Report

Issue Price :
36.00

Listing Price :
37.25

Current Market Price :
2.80

Issue Price vs CMP :
33.2 (92.22%)

listing Price vs CMP :
34.45 (92.48%)

Performance Report (CAGR* wise)

CAGR : -29.66
-ve 0 6 9 12+
Below Average

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

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Bright Solar

Company Information
Bright Solar is engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems under the registered brand name of 'PUMPMAN', 'BRIGHT SOLAR', and 'BRIGHT SOLAR WATER PUMP'. Their company is also engaged in EPC contracts of Solar Photovoltaic Water pumps which include supplying, installing and commissioning of the pump system along with comprehensive maintenance contract for a specific period of 1-5 years. In solar pump system they are having wide range of products of DC Solar Pump, Solar Pump Inverter and AC Solar Pump. In the year 2017-18, they have started providing consultancy services for acquiring projects and tender bidding after identifying competent client on tender to tender basis. In addition, they have also been added water supply, sewerages and infra project in their
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Object of Issue
  • Acquisition of Land, its Registration, Stamping, and other charges
  • Working Capital,
  • General Corporate Purpose,
  • Issue Expenses

Bright Solar SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jul, 2018
IPO Size :
19.44 Cr.
IPO Subscription :
1.85 X     
PE Multiple :
11.00
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Bright Solar operates in Solar - Panels and Assembling Of DC/AC Solar Pumps And Solar Pump Systems. The Issue is listed on NSE EMERGE in Jul, 2018. Bright Solar IPO size was 19.44 Cr. with Issue price of 36.00 .

Bright Solar IPO subscription was 1.85 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.

Bright Solar IPO listed at a listing price of 37.25 against the offer price of 36.00.

The current market price of Bright Solar is 2.80.

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