Description
NSE announces listing of 70,000 equity shares of Australian Premium Solar (India) Limited issued under preferential allotment on the SME EMERGE platform effective November 14, 2025.
Summary
National Stock Exchange has notified the listing of 70,000 equity shares of Australian Premium Solar (India) Limited on the SME EMERGE platform. These shares were allotted under preferential allotment on September 19, 2025, and will commence trading from November 14, 2025. The shares have a face value of Rs. 10 and were issued at Rs. 433 per share.
Key Points
- 70,000 equity shares to be listed on NSE SME EMERGE platform
- Symbol: APS, ISIN: INE0P0001010 (Series: SM)
- Face value: Rs. 10, Issue price: Rs. 433 per share
- Date of allotment: September 19, 2025
- Distinctive number range: 20090001 to 20160000
- Market lot size: 250 shares
- Shares are pari passu with existing equity shares
- Lock-in period applies until May 31, 2027
Regulatory Changes
No regulatory changes introduced. This circular implements existing NSE Capital Market Trading Regulations Part A (Regulations 3.1.1 and 2.5.5) regarding admission of securities to trading and lot size specifications.
Compliance Requirements
- Trading members must use designated security code (APS) and ISIN (INE0P0001010) for identification
- Trading must be conducted in specified market lot of 250 shares
- Shares currently credited under temporary ISIN in accordance with SEBI circulars CIR/MRD/DP/21/2012 (August 02, 2012) and CIR/MRD/DP/24/2012 (September 11, 2012) regarding activation of ISIN for additional share issues
Important Dates
- Allotment Date: September 19, 2025
- Trading Commencement: November 14, 2025
- Lock-in Expiry: May 31, 2027
- Circular Effective Date: November 14, 2025
Impact Assessment
Market Impact: Minimal. This is a routine preferential allotment listing for an SME company with a relatively small issue size of 70,000 shares (Rs. 3.03 crores at issue price).
Liquidity Impact: Limited immediate impact on liquidity due to lock-in restrictions until May 2027. The shares are subject to preferential allotment lock-in norms.
Investor Impact: Existing shareholders should note dilution from this preferential issue. New shares are pari passu with existing equity, meaning they carry equal rights.
Trading Considerations: Market lot of 250 shares requires minimum investment of approximately Rs. 1.08 lakhs at issue price for trading on the exchange.
Impact Justification
Routine listing of preferential allotment shares for SME company with limited market impact. Small issue size of 70,000 shares with lock-in until May 2027.