Bright Solar Limited IPO

Bright Solar Limited is an NSE SME IPO is priced at ₹36 per share with an issue size of Fresh Issue of 54,00,000 Equity Shares of Rs 10/- each at a price of 36/- per share aggregating to 19.44 Cr. The IPO opens on Jun 26, 2018 and closes on Jun 29, 2018, with a lot size of 3000 shares and a minimum investment of ₹1,08,000.

Bright Solar Limited IPO

NSE SME Listed
₹1,08,000 (3000 Shares)
Minimum Investment
IPO Dates
Jun 26, 2018 – Jun 29, 2018
Price band
₹36 per equity share
Minimum Investment
₹1,08,000
Issue size
Fresh Issue of 54,00,000 Equity Shares of Rs 10/- each at a price of 36/- per share aggregating to 19.44 Cr
Lot size
3000
Allotment Date
Jul 5, 2018
Listing
Jul 9, 2018
Listing At
NSE SME

IPO timeline

  1. Jun 26, 2018

    Open Date

    Completed

  2. Jun 29, 2018

    Close Date

    Completed

  3. Jul 5, 2018

    Allotment Date

    Completed

  4. Jul 9, 2018

    Listing Date

    Completed

Bright Solar Limited IPO Essentials

Bright Solar Limited IPO Details

Bright Solar Limited IPO is priced at ₹36 per share with a total issue size of Fresh Issue of 54,00,000 Equity Shares of Rs 10/- each at a price of 36/- per share aggregating to 19.44 Cr. The IPO has a lot size of 3000 shares and will be listed on NSE SME.

Issue price
Rs 36/- Per Equity Share 
Lot size
3000 shares
Face value
Rs 10 Per Equity Share 
Issue size
Fresh Issue of 54,00,000 Equity Shares of Rs 10/- each at a price of 36/- per share aggregating to 19.44 Cr
Listing at
NSE SME
List price
Listing date
Registrar
Alankit Assignments Ltd
Lead manager
Swastika Investmart Limited

Bright Solar Limited IPO Details

  • Retail Portion N/A

Bright Solar Limited IPO Analytics

Bright Solar Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Bright Solar Limited IPO Subscription Status

Bright Solar Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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 0.09 x 0.08 x
Day 2 27-06-18
5,10,000(0.2) x 9,18,0000.36 x 14,28,0000.28 x
Day 3 28-06-18
36,15,000(1.41) x 15,03,0000.59 x 51,18,0001.0 x
Day 4 29-06-18
56,58,000(2.21) x 38,52,0001.5 x 95,10,0001.85 x

Bright Solar Limited Valuations

Earnings

EPS (Post IPO)
Rs 0.84
P/E Ratio
42.92

Returns

RoNW
19.08%

Data sourced from DRHP / RHP • For educational purposes only

Bright Solar Limited Company & Offer Insights

Bright Solar Limited IPO Issue Objectives

Acquisition of Land, its Registration, Stamping, and other charges
Working Capital
General Corporate Purpose
Issue Expenses

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Bright Solar Limited IPO is a Fixed Priced IPO worth ₹Fresh Issue of 54,00,000 Equity Shares of Rs 10/- each at a price of 36/- per share aggregating to 19.44 Cr. The issue price is ₹36 per share (fixed price). The IPO opens on Jun 26, 2018 and closes on Jun 29, 2018. It will be listed on NSE SME Platform. Alankit Assignments Ltd is the registrar.

The issue price of Bright Solar Limited IPO is ₹36 per share (fixed price).

The lot size of Bright Solar Limited IPO is 3000 shares.

The minimum investment for Bright Solar Limited IPO is approximately ₹1,08,000 based on the issue price .

Bright Solar Limited IPO opens on Jun 26, 2018 and closes on Jun 29, 2018.

The allotment date of Bright Solar Limited IPO is Jul 5, 2018.

Bright Solar Limited IPO is expected to be listed on Jul 9, 2018, on NSE SME Platform.

Bright Solar Limited IPO valuation snapshot: P/E 42.92, EPS Rs 0.84, P/B N/A, RoNW 19.08%, and market cap N/A.

To apply for Bright Solar Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Bright Solar Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Bright Solar Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Bright Solar Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Bright Solar Limited IPO allotment status on IPO Ji for quick and easy access.