IPO

Bright Solar Ltd IPO

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Public issue of 54,00,000 equity shares of face value of Rs. 10 each of Bright Solar Limited (bright or the company or the issuer) for cash at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share (the issue price) aggregating to Rs. 19.44 Crores (the issue), of which 2,70,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share aggregating to Rs. 0.97 Crores will be reserved for Subscription by market maker to the issue (the market Maker reservation portion). The issue less the market maker reservation portion i.e. net Issue of 51,30,000 equity shares of face value of Rs. 10 each at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share aggregating to Rs. 18.47 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.47% and 25.15% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 36. The issue price is 3.6 times of the face value.

Bright Solar Ltd IPO Subscription Details

Company

Bright Solar Ltd

Issue Type

Fixed Price - SME

Open Date

26 Jun

Close Date

29 Jun

Offer Price

36.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Bright Solar Ltd IPO

Company Contact Information

Bright Solar Ltd IPO
C-1103 Titanium Square Thaltej,
Circle SG Highway Thaltej,
Ahmedabad, Gujarat 380059.

Phone: 91-79-48926868
Email:

Bright Solar Ltd IPO Register

Alankit Assignments Ltd

Bright Solar Ltd IPO Lead Manager(s)

  • Swastika Investmart Ltd

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