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Australian Premium Solar (India) Ltd

Registered Office : Tajpur NH-08,TA-Prantij,Sabarkantha Gujarat 383205 Phone : +91 87359 32511
Fax :

Email : compliance@australianpremiumsolar.co.in

Website : www.australianpremiumsolar.co.in

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-2024

15-Jan-2024

Money Payable On

Application

Allotment

54.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

27.38

28.08

19.74

54.00

Beeline Capital Advisors Pvt Ltd

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

MUFG Intime India Pvt Ltd