Bright Solar Limited IPO
NSE SMEOffer Date: Jun 26, 2018 - Jun 29, 2018
₹ 108000 /3000 Shares
IPO Details
26 Jun, 2018
Open Date29 Jun, 2018
Close Date05 Jul, 2018
Allotment Date09 Jul, 2018
Listing DateIssue Price
Rs 36/- Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Alankit Assignments LtdMarket Lot
3000 Shares (Rs 1,08,000/-)Lead Manager
Swastika Investmart LimitedIssue Size
Fresh Issue of 54,00,000 Equity Shares of Rs 10/- each at a price of 36/- per share aggregating to 19.44 CrRetail Portion
N/ASubscription
95,10,0001.85 timesIPO Docs
No related IPO documents available.
IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 25,65,000 | 25,65,000 | 51,30,000 |
| Day 1 - 26-06-18 | 1,53,000 0.06 x | 2,34,000 0.09 x | 3,87,000 0.08 x |
| Day 2 - 27-06-18 | 5,10,0000.2 x | 9,18,0000.36 x | 14,28,0000.28 x |
| Day 3 - 28-06-18 | 36,15,0001.41 x | 15,03,0000.59 x | 51,18,0001.0 x |
| Day 4 - 29-06-18 | 56,58,0002.21 x | 38,52,0001.5 x | 95,10,0001.85 x |
Valuations
Earnings Per Share (EPS)
Rs 0.84P/E Ratio
42.92RoNW
19.08%Net Asset Value (NAV) ( post issue )
Rs 17.14Company Financials All values are in ₹ Cr.
- Promoter(s)
Company Promoter(s)
- Mr. Piyushkumar Thumar
IPO - Issue Objectives
- Acquisition of Land, its Registration, Stamping, and other charges
- Working Capital
- General Corporate Purpose
- Issue Expenses
IPO - FAQs
Ans. Bright Solar Limited IPO is a SME IPO. The issue is priced at Rs 36/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Jun 26, 2018, and closes on Jun 29, 2018. Alankit Assignments Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Bright Solar Limited IPO opens on Jun 26, 2018 and closes on Jun 29, 2018.
Ans. The size of Bright Solar Limited IPO is Fresh Issue of 54,00,000 Equity Shares of Rs 10/- each at a price of 36/- per share aggregating to 19.44 Cr.
Ans. The IPO price band is set between Rs 36/- Per Equity Share .
Ans. To apply for Bright Solar Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Bright Solar Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Bright Solar Limited IPO is Jul 5, 2018.
Ans. The Bright Solar Limited IPO will be listed on Jul 9, 2018.
Ans. Follow the steps to check the allotment status for Bright Solar Limited IPO here.
