Australian Premium Solar (India) Limited
ListedSMEEmerging SME Services · NSE
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 offers monocrystalline solar panels, known for higher efficiency and a uniform appearance, and polycrystalline solar panels, which have a distinctive blue or speckled look. In addition to solar panel production, the company provides installation services for residential, industrial, and agricultural solar solutions, including solar pumps. By August 31, 2023, it had installed solar panels for over 10,000 customers, including more than 9,500 on residential rooftops and 1,300 solar pumps for agricultural use. The company operates a manufacturing facility in Sabarkantha, Gujarat, and employed 169 people as of July 31, 2023.
Price Band
₹51 – ₹54
Issue Size
₹28.08 Cr
Lot Size
2000 shares
GMP
₹55
+101.8%
Est. Listing
₹109
at current GMP
Subscribed
463.14x
overall
Open
11 Jan 2024
Close
15 Jan 2024
Allotment
16 Jan 2024
Refund
17 Jan 2024
Demat Credit
18 Jan 2024
Listing
18 Jan 2024
Last updated 12 days ago
Official Registrar Verification
Australian Premium Solar (India) Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
16 Jan 2024
Basis finalization
Refunds Initiate
17 Jan 2024
Mandate release
Demat Credit
18 Jan 2024
Shares in demat
Listing Debut
18 Jan 2024
Trading begins
How to Check Australian Premium Solar (India) Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Australian Premium Solar (India) Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Australian Premium Solar (India) Limited Public Issue & Market Profile
Australian Premium Solar (India) Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹28.08 Crores. The shares are offered at a price band of ₹51 to ₹54 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2024-01-15, the basis of allotment is scheduled to be finalized on 2024-01-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.