Australian Premium Solar IPO

Australian Premium Solar (India) Limited

₹1,02,000 /2000 sharesMinimum Investment

Australian Premium Solar IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹54.00₹140.00₹86.00 (159.26%)

Australian Premium Solar IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
11 Jan ‘24 - 15 Jan ‘24₹1,02,0002,000₹51 - ₹54
Issue SizeIPO Doc
28.08Cr
RHP PDF

About the company

Australian Premium Solar (India) Limited, incorporated in May 2013, is a solar energy equipment supplier, headquartered in Sabarkantha, Gujarat. The company specializes in manufacturing both Monocrystalline and Polycrystalline Solar Panels as part of its Photovoltaic Module (PV) portfolio. It has a manufacturing facility in Tajpur, Sabarkantha, Gujarat, catering to residential, agricultural, and commercial sectors and offering advanced solar technology products. The facility is spread over 25,375 square meters and has a production capacity for 200 MW per annum. The Company also provides comprehensive Engineering, Procurement, and Construction (EPC) services in solar installations. APS has implemented more than 10000 residential rooftop systems and delivered more than 2300 agricultural solar water pumps.;
Founded in
2013
Managing director
Mr. Nikunj Chimanlal Patel
Parent organisation
Australian Premium Solar (India) Limited

Strength and risks

Strengths
Risks
Australian Premium Solar functions in the under-tapped renewable energy sector that has been a prominent theme in recent years.
The company’s 25375 sq mt factory is fully operational with production capacity of 200 MW per annum.
Australian Premium Solar provides a diverse range of products and services, including the manufacturing of Monocrystalline and Polycrystalline Solar Panels and comprehensive EPC services. The company caters to a wide audience including households, businesses and agriculture.
The company has shown profitability with a PAT of Rs. 3.33 crores (as of 31 March 2023).
Australian Premium Solar is strategically expanding its EPC services, particularly in rooftop solar and solar pump verticals.
The company adopts product-wise, client-wise, location-wise and geography-wise approach for selling and marketing its products.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular51 - 54₹2 Lakh
High Networth Individual51 - 54₹2 - 5 Lakh
For Australian Premium Solar IPO, eligible investors can apply as Regular.
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