What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Australian Premium Solar (India) Limited IPO?

Australian Premium Solar (India) Limited IPO has received a total subscription of 463.14 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Australian Premium Solar (India) Limited

ListedSME

Emerging 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

463.14x

Total Demand

QIB Multiplier

107.02x

Institutions & Funds

NII / HNI

772.68x

High Net-Worth

Retail (RII)

533.76x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 463.14x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	988,000	105,734,000	107.02x
NIB	742,000	573,332,000	772.68x
RETAIL	1,730,000	923,408,000	533.76x
Total	3,460,000	1,602,474,000	463.14x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 542.37x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	910	485,722	533.76x
HNIs (10L +)	6	4,636	772.68x
HNIs (2-10L)	28	21,635	772.68x
Total Applications	944	511,993	542.37x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is Australian Premium Solar (India) Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Australian Premium Solar (India) Limited IPO is ₹55 per equity share. Based on the upper price band of ₹51 to ₹54 per equity share, the estimated listing price is ₹109 (+101.8% expected listing gain).

What is the expected profit per lot for Australian Premium Solar (India) Limited IPO?

With a lot size of 2000 shares and current GMP of ₹55, the expected profit per application lot is approx ₹1,10,000 (+101.8% gain). Minimum application cost is approx ₹1,08,000.

What is the issue size and price band for Australian Premium Solar (India) Limited IPO?

The Australian Premium Solar (India) Limited IPO aggregate issue size is ₹28.08 Crores with an equity price band set at ₹51 to ₹54 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,08,000.

How can I check Australian Premium Solar (India) Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 463.14x (Retail: 533.76x, QIB: 107.02x, NII: 772.68x). You can track live multiples directly on our dedicated subscription page.

Where and when will Australian Premium Solar (India) Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-01-16. Investors can verify status using PAN card or application number.

When is the listing date for Australian Premium Solar (India) Limited IPO?

Australian Premium Solar (India) Limited shares are scheduled to list on NSE on 2024-01-18.