IPO Details
Bright Solar Ltd.
C-1103, Titanium Square, Thaltej Circle, S G Highway, Thaltej,Ahmedabad, Gujarat - 380059
Phone: 48926868

Public Issue of 5400000 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 26.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
26/06/201829/06/201836.00 -
Lead Managers Registrar Listed at
SWASTIKA INVESTMART LIMITED
Alankit Assignments Ltd.
Alankit Assignments Limited,
Alankit Heights, 1E/13,, Jhandewalan Extension,
New Delhi, Delhi - 110055
Phone: 42541234 Fax: 41543474
NSE
Object of the issue

The objects of the Issue are:

1. Acquisition of Land, its Registration, Stamping and other charges,
2. Working Capital,
3. General Corporate Purpose,
4. Issue Expenses.

Project Cost
(₹ in Crs.)
ISSUE EXPENSES0.85
WORKING CAPITAL REQUIREMENTS11.68
GENERAL CORPORATE EXPS.3.48
ACQUISITION OF LAND3.43
TOTAL COST19.44
Means of Finance
(₹ in Crs.)
PUBLIC ISSUES19.44
TOTAL COST19.44
Promoted by

The Promoter of the Company is Mr. Piyushkumar Thumar

1. Mr. Piyushkumar Thumar : his aged 37 years is a Promoter Cum Chairman and Managing Director of the Company and has the distinction of leading the Company. He has a Professional Experience of More than 15 Years in International Trade, Road Construction equipment spare parts deals, Solar Energy systems and projects. He has been awarded, Certificate of Competence by the Gujarat Energy Research and Management Institute for demonstrating fundamental level of competence in technical and management aspects of the Solar Photovoltaic Technology by completing the fthe day cthese as a part of the Solar Technical Workshop. He too has vast experiences in the analysis of rates, preparing of variation order, bill of quantities, and in planning of Solar projects. Apart from his hands on experience of implementing solar energy projects both big and small, he is advising National and Multinational Companies and has been mentoring start-ups in solar sector.

PAN : AGRPT9202C

Passport Number : H0133132

Voter Identification No. : WGY1057264

Driving License : GJ/0000293/2018

Name of Bank : ICICI Bank

Bank Account Number : 777701056205