| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹28.08 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹28.08 Cr |
| Fresh Issue | ₹26.68 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน51.00-54.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | APS |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 2013, Australian Premium Solar (India) Limited manufactures monocrystalline and polycrystalline solar modules and provides engineering, procurement, and construction (EPC) services for residential, agricultural, and commercial applications.
The company manufactures two types of solar panels:
The company also provides installation services for solar panels and solar pumps for residential and industrial end users, while it also provides installation services for solar pumps for agricultural end users.
By August 31, 2023, the company has provided more than 10,000 customers with the installation of solar panels, of which more than 9500 have been installed on the roofs of residential buildings and more than 1300 with solar pumps for agriculture.
The company's manufacturing facility is located in Sabarkantha, Gujarat, India. As at July 31, 2023, the company employed a total of 169 people.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure | 3.35 |
| 2 | To Meet Working Capital Requirements | 17.03 |
| 3 | General Corporate Purpos | 7.00 |
| Period Ended | 31 Jul 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 44.17 | 39.19 | 34.68 | 35.02 |
| Total Income | 50.27 | 94.96 | 98.33 | 74.44 |
| Profit After Tax | 1.13 | 3.33 | 2.70 | 1.80 |
| NET Worth | 15.63 | 14.47 | 11.13 | 8.47 |
| Reserves and Surplus | 1.09 | 14.45 | 11.11 | 8.45 |
| Total Borrowing | 1.96 | 2.22 | 2.99 | 3.29 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 26.05% |
| ROCE | 30.62% |
| Debt / Equity | 0.15% |
| RoNW | 23.05% |
| PAT Margin | 3.53% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.29 | |
| P/E (x) | 23.58 | |
| Promoter Holding | 99.98% | 73.64% |
| Market Cap | โน106.60 Cr. | |