HomeBusiness ›Australian Premium Solar (India) Sets IPO Dates, Aims to Raise INR 28.08 Crores

Australian Premium Solar (India) Sets IPO Dates, Aims to Raise INR 28.08 Crores

The IPO is scheduled to open on January 11, 2024, and will conclude on January 15, 2024.

January 08, 2024. By Abha Rustagi

Australian Premium Solar (India) Limited has announced the dates for its Initial Public Offering (IPO). 

The IPO is scheduled to open on January 11, 2024, and will conclude on January 15, 2024. The company aims to raise INR 28.08 crores through this IPO.

The IPO price band has been fixed at INR 51 to INR 54 per share, with a market lot of 2000 shares. Investors will have the opportunity to participate in the offering during this five-day window. 

Australian Premium Solar (India) Limited, recognized for its commitment to quality and advanced technology, operates in the manufacturing of Monocrystalline and Polycrystalline Solar Panels, along with providing Engineering, Procurement, and Construction (EPC) services.

The company boasts a modern manufacturing facility located at Tajpur, Sabarkantha, Gujarat, spanning 25,375 square meters. This facility enables the production of high-quality and technologically advanced solar products catering to residential, agricultural, and commercial installations.

Australian Premium Solar's foray into the capital market through this IPO reflects its growth aspirations and commitment to furthering sustainable energy solutions.
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