Australian Premium Solar (India) Ltd
Registered Office:
Tajpur NH-08,TA-Prantij,
Sabarkantha
-
383205,
Gujarat, India.
Initial public issue of 5200000 equity shares of face value of (Rs) 10/- each of Australian Premium Solar (India) Limited ("APS" or the "Company" or the "Issuer") for cash at a price of (Rs) 54/- per equity share including a share premium of (Rs) 44/- per equity share (the "Issue Price") aggregating to
(Rs) 28.08 crores ("The Issue"), of which 260000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 54/- per equity share including a share premium of (Rs) 44/- per equity share aggregating to (Rs) 1.40 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 4940000 equity shares of face value of (Rs) 10/- each at a price of (Rs) 54/- per equity share including a share premium of
(Rs) 44/- per equity share aggregating to (Rs) 26.68 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.34 % and 25.03%, respectively, of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs) 10/- each.
Opens On
Closes On
Application
Allotment
11-Jan-24
15-Jan-24
54.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Financed through Current Offer
28.08
Post Issue Equity Share Capital
19.74
Funding capital expenditure
To meet working capital requirements
General corporate purposes
Chimanbhai Ranchhodbhai Patel
Savitaben Chimanbhai Patel
Nikunjkumar Chimanlal Patel