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June 26, 2018 - June 29, 2018

Bright Solar IPO FAQ

Bright Solar IPO Date & Price

The Bright Solar IPO opens on June 26, 2018 and closes on June 29, 2018.

Bright Solar IPO timetable / schedule is as below:
  • Bid/Offer Opens On: June 26, 2018
  • Bid/Offer Closes On: June 29, 2018
  • Finalization of Basis of Allotment: July 4, 2018
  • Initiation of refunds: July 6, 2018
  • Credit of Equity Shares: July 6, 2018
  • Listing Date: July 9, 2018

Bright Solar IPO price is set at ₹36 per equity share.

Bright Solar IPO will close for subscription at 5 PM on June 29, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Bright Solar IPO starts on June 26, 2018. The issue ends on June 29, 2018.

Bright Solar IPO Issue Size and Subscription Status

The Bright Solar IPO size is 5400000 Equity Shares of ₹10 aggregating up to ₹19.44 Cr.

Bright Solar Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Bright Solar IPO shares through the banks (using ASBA) or through the broker (using UPI).

Bright Solar IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)2,565,000 Shares
Retail Individual Investor (RII)2,565,000 Shares
Employee Reservations0 Shares
Other Reservations270,000 Shares
Total Issue Size5,400,000 Shares

Bright Solar IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)0.06 times times
Retail Individual Investor (RII)0.09 times times
Employee Reservations times
Other Reservations times
Total Issue Size0.07 times times

Click here to check the Bright Solar IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Bright Solar IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Bright Solar IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Bright Solar IPO Allotment and Listing

The Bright Solar IPO allot status will be available online on July 4, 2018. Check the Bright Solar IPO Allotment Status here.

Click here to check Bright Solar IPO Allotment Status.

Bright Solar IPO listing Date is July 9, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Bright Solar IPO listing date and time is published by the exchange in a circular.

Click here to view the Bright Solar IPO Basis of Allotment.

It is hard to say at what price Bright Solar IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Bright Solar IPO shares will list on July 9, 2018 at NSE SME.

Bright Solar IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Bright Solar IPO which could help you with questions like Bright Solar IPO buy or not? You should also read Bright Solar IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Bright Solar IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Bright Solar IPO performance. The performance reports are available 1 day after listing.