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Bright Solar Limited IPO
NSE SMERs 1,08,000 / 3000 Shares
Bright Solar Limited IPO Details
The Bright Solar Limited IPO price band is set between Rs 36/- Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Alankit Assignments Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 26 Jun, 2018 and closes on 29 Jun, 2018. Investors can check the allotment status on 5 Jul, 2018, while the listing date is tentatively scheduled for 9 Jul, 2018.
The total issue size 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, aggregating up to . Stay tuned for the latest Bright Solar Limited IPO review and GMP updates.
Bright Solar Limited IPO Review, Rating & Analysis
Bright Solar Limited IPO Review
NO REVIEWBright Solar Limited IPO Rating
Bright Solar Limited IPO Highlights
IPO Date
Jun 26, 2018 - Jun 29, 2018
Listing Date
9 Jul, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 36/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Bright Solar Limited IPO Lot Size
The minimum market lot for Bright Solar Limited IPO is 3000 shares with an application amount of ₹1,08,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,08,000 |
| Retail (Max) | 1 | 3000 | ₹1,08,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,16,000 |
| S-HNI (Max) | 9 | 27000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 30000 | ₹10,80,000 |
Bright Solar Limited IPO Timeline
Issue Price
Rs 36/- Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Alankit Assignments LtdLead 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 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Piyushkumar Thumar
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Bright Solar Limited 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 |
Frequently Asked Questions about Bright Solar Limited IPO IPO
When will Bright Solar Limited IPO open for subscription?
The Bright Solar Limited IPO opens on 26 Jun, 2018 and closes on 29 Jun, 2018.
What is the investors portion for Bright Solar Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2565000.
How to apply for Bright Solar Limited IPO?
You can apply for Bright Solar Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Bright Solar Limited IPO?
The issue size of Bright Solar Limited IPO is approx ₹Fresh Issue of 54,00,000 Equity Shares of Rs 10/- each at a price of 36/- per share aggregating to 19.44 Cr crores.
What is the price band of Bright Solar Limited IPO?
The price band for Bright Solar Limited IPO is Rs 36/ to ₹ Per Equity Share.
What is the lot size of Bright Solar Limited IPO?
The minimum bid (lot size) for Bright Solar Limited IPO is 3000 shares with an investment of approx Rs 1,08,000 .
What is the allotment date of Bright Solar Limited IPO?
The allotment date for Bright Solar Limited IPO is 5 Jul, 2018.
What is the listing date of Bright Solar Limited IPO?
The listing date for Bright Solar Limited IPO is expected to be 9 Jul, 2018.
What is the GMP of Bright Solar Limited IPO?
The latest Grey Market Premium (GMP) for Bright Solar Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.