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January 11, 2024 - January 15, 2024

Australian Premium Solar (India) IPO Subscription Details

Australian Premium Solar (India) IPO Subscription Status Live

Australian Premium Solar (India) IPO subscribed 464.19 times. The public issue subscribed 535.77 times in the retail category, 107.02 times in QIB, and 772.87 times in the NII category by January 15, 2024 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions107.02988,00010,57,34,000570.96
Non-Institutional Buyers*772.87742,00057,34,68,0003,096.73
Retail Investors535.771,730,00092,68,90,0005,005.21
Employees[.]000
Others[.]000
Total *464.193,460,0001,60,60,92,0008,672.90

Total Application : 463,445 (535.77 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 260,000 equity shares not included.


Australian Premium Solar (India) IPO (Day-wise) Subscription Details (times)

DateQIBNII*RetailTotal
Day 1
January 11, 2024
0.0719.6145.2026.82
Day 2
January 12, 2024
5.6255.59114.2070.63
Day 3
January 15, 2024
107.02772.87535.77464.19

Australian Premium Solar (India) IPO Shares Offered

Australian Premium Solar (India) IPO is a public issue of 5,200,000 equity shares. The issue offers 1,730,000 shares to retail investors, 988,000 shares to qualified institutional buyers, and 742,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
Anchor Investor1,480,0007.9928.46%
Market Maker260,0001.405.00%
QIB988,0005.3419.00%
NII*742,0004.0114.27%
Retail1,730,0009.3433.27%
Total5,200,00028.08100%

Australian Premium Solar (India) IPO Anchor Investor Allocation

A total of 1,480,000 shares at a price of Rs 54 per share will be allotted to the anchor investors.

S.No.Name of Anchor InvestorNo. of Shares AllocatedBid Price Per Share (Rs.)Anchor Investor Portion (%)Total Amount Allocated (Rs.)
1Nav Capital Vcc- Nav Capital Emerging Star Fund480,0005432.4325,920,000
2Rajasthan Global Securities Pvt. Limited500,0005433.7827,000,000
3LRSD Securities Private Limited500,0005433.7827,000,000
1,480,00010079,920,000

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Australian Premium Solar (India) IPO Subscription FAQs

The Australian Premium Solar (India) IPO is subscribed 464.19 by January 15, 2024.

Australian Premium Solar (India) IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional107.02
Non Institutional772.87
Retail Individual535.77
Employee Reservations[.]
Others[.]
Total Subscription464.19

Retail category of Australian Premium Solar (India) IPO subscribed 535.77 times as of date January 15, 2024. The public issue closes on January 15, 2024 for bidding.

An investor can apply in Australian Premium Solar (India) IPO online via bank (using ASBA) or the broker (using UPI). The Australian Premium Solar (India) IPO shares are offered online only.

The Australian Premium Solar (India) IPO is subscribed 464.19 by January 15, 2024.

The Australian Premium Solar (India) IPO allotment status is expected on or around January 16, 2024. Visit Australian Premium Solar (India) IPO allotment status to check.

The Australian Premium Solar (India) IPO listing date is Thursday, January 18, 2024. The equity share of Australian Premium Solar (India) Limited will list on NSE SME.

Visit Australian Premium Solar (India) IPO subscription status page for real-time bidding information about Australian Premium Solar (India) IPO.

Australian Premium Solar (India) IPO Timetable

IPO Opens OnJanuary 11, 2024
IPO Closes OnJanuary 15, 2024
Finalisation of Basis of AllotmentJanuary 16, 2024
Initiation of RefundsJanuary 17, 2024
Credit of Shares to Demat AccountJanuary 17, 2024
IPO Listing DateJanuary 18, 2024