
✓
Open
11 Jan 2024
✓
Close
15 Jan 2024
3
Allotment
—
✓
Listing
Thu, Jan 18, 2024
Price Band
₹51 to ₹54
Issue Size
52,00,000 shares (agg. up to ₹28 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Jan 18, 2024
Latest GMP
₹55
Est. Gain
101.85%
✦ AI Insight
GMP Trend
18-01-2024₹55Est. ₹109+101.85%
17-01-2024₹55Est. ₹109+101.85%
16-01-2024₹50Est. ₹104+92.59%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 320.88x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Akanksha Power & Infrastructure Ltd. | SME | ₹27.49 Cr | ₹55 | 24.02 | ₹65.10 | +18.36% | ₹135.00 |
| Supreme Power Equipment Ltd. | SME | ₹46.67 Cr | ₹65 | 10.69 | ₹102.90 | +58.31% | ₹226.75 |
| Electro Force (India) Ltd. | SME | ₹80.68 Cr | ₹93 | 20.22 | ₹105.00 | +12.90% | ₹19.60 |
| Saakshi Medtech & Panels Ltd. | SME | ₹45.16 Cr | ₹97 | 10.18 | ₹153.30 | +58.04% | ₹333.75 |
| Sungarner Energies Ltd. | SME | ₹5.31 Cr | ₹83 | 13.07 | ₹262.35 | +216.08% | ₹328.50 |
| Oriana Power Ltd. | SME | ₹59.66 Cr | ₹118 | 20.7 | ₹317.10 | +168.73% | ₹1,233.40 |
| Rishabh Instruments Ltd. | Mainboard | ₹490.78 Cr | ₹441 | null | ₹443.15 | +0.49% | ₹815.90 |
| Avalon Technologies Ltd. | Mainboard | ₹865.00 Cr | ₹436 | 55.54 | ₹398.00 | -8.72% | ₹2,293.60 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure | 3.35 |
| 2 | To Meet Working Capital Requirements | 17.03 |
| 3 | General Corporate Purpos | 7.00 |
About Australian Premium Solar IPO
Updated on Aug 12, 2026
Contact Details
Australian Premium Solar (India) Ltd. AddressTajpur, NH-08 TA-Sabarkantha-Prantij, Gujarat, 383205+91 87359 32511compliance@australianpremiumsolar.co.inVisit Website