Australian Premium Solar (India) IPO to open on January 11th
Australian Premium Solar (India) Limited is set to launch its initial public offering (IPO) on the NSE SME platform.
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The company manufactures solar panels and provides EPC services for solar projects.
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It is one of the recognized brands in India’s solar energy sector with a modern facility in Gujarat.
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The IPO will open for subscription on January 11th, 2023 and close on January 15th, allowing investors of all categories (QIB, NII, Retail) to apply.
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Through the IPO, the company aims to raise approximately Rs. 28.08 crores via issuance of 5,200,000 equity shares at a face value of Rs. 10 each.
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Post issue, the paid up equity share capital will stand at Rs. 14.72 crores divided into 1,472,000 equity shares of Rs. 10 each.
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