Ahasolar Technologies Limited IPO

Ahasolar Technologies Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹157 per share. The stock debuted at ₹203, delivering a listing gain of 29.3%. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,25,600.

Ahasolar Technologies Limited IPO

BSE SME Listed
₹1,25,600 (800 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jul 10, 2023 – Jul 13, 2023
Price band
₹157 per equity share
Minimum Investment
₹1,25,600
Issue size
818,400 shares(aggregating up to ₹12.84 Cr)
Lot size
800
Allotment Date
Jul 18, 2023
Listing
Jul 21, 2023
Listing At
BSE SME

IPO timeline

  1. Jul 10, 2023

    Open Date

    Completed

  2. Jul 13, 2023

    Close Date

    Completed

  3. Jul 18, 2023

    Allotment Date

    Completed

  4. Jul 21, 2023

    Listing Date

    Completed

Ahasolar Technologies Limited IPO Essentials

Ahasolar Technologies Limited IPO Details

Ahasolar Technologies Limited IPO is priced at ₹157 per share with a total issue size of 818,400 shares(aggregating up to ₹12.84 Cr). The IPO has a lot size of 800 shares and is listed on BSE SME.

Issue price
₹157 per equity share
Lot size
800 shares
Face value
₹10 Per Equity Share
Issue size
818,400 shares(aggregating up to ₹12.84 Cr)
Listing at
BSE SME
List price
203.0
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Beeline Capital Advisors Pvt Ltd

Ahasolar Technologies Limited IPO Details

  • Retail Portion 50%

Ahasolar Technologies Limited IPO Documents

Ahasolar Technologies Limited IPO Analytics

Ahasolar Technologies Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Ahasolar Technologies Limited IPO Subscription Status

Ahasolar Technologies Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 388,000 388,000 776,000
Day 1 10-07-23 06:00 PM
(0.38) x 3.28 x 1.83 x
Day 2 11-07-23 06:00 PM
(1.89) x 12.01 x 6.96 x
Day 3 12-07-23 06:00 PM
(6.04) x 22.82 x 14.43 x
Day 4 13-07-23 06:00 PM
(23.37) x 46.18 x 34.79 x

Ahasolar Technologies Limited Valuations

Earnings

EPS (Post IPO)
₹7.94/-
P/E Ratio
19.77

Returns

RoNW
43.54%

Data sourced from DRHP / RHP • For educational purposes only

Ahasolar Technologies Limited Financials( In Lakhs)

30-Sept-22 31-Mar-22 31-Mar-21 31-Mar-20
Assets 316.69 237.37 85.47 138.63
Revenue 1,001.50 1,714.64 187.73 128.70
Profit After Tax 27.10 68.63 7.91 2.07

Ahasolar Technologies Limited Company & Offer Insights

About Ahasolar Technologies Limited

Ahasolar Technologies Limited is engaged in the business of CleanTech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy.

With their passion for solar energy and the desire to help stakeholders like solar companies and the government change the world for the better, Ahasolar is making the process of managing, selling, designing, and procuring solar PV systems easier and simpler.

The business of the company can be divided into the following segments:
Solar Software Service
Solar Marketplace
Solar Advisory and Consultancy Service

The entity has been working with multiple national, international, government, and private companies towards enabling them to accelerate the adoption of solar through solutions offered by Ahasolar. Ahasolar Technologies Limited is also involved in the business of Advisory for sustainable development and energy transition to renewables.

The products of Ahasolar Technologies are offered under the names:
AHA! Rooftop Solar Helper
AHA! Rooftop Solar Helper (Pro)

Ahasolar Technologies Limited Promoter(s)

Mr. Piyushkumar Vasantlal Bhatt, Mr. Pulkit Dhingra, Mr. Shatrughan Harinarayan Yadav, Mr. Vipin Sharma are the company's promoters of Ahasolar Technologies Limited.

Ahasolar Technologies Limited IPO Issue Objectives

Development of Solar PV Plant
Setting up of Electric Vehicle Charging Infrastructure
Purchase of Electric Vehicle
To Meet Working Capital Requirements
General Corporate Purpose
To meet Public Issue Expenses

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Ahasolar Technologies Limited IPO is a Fixed Priced IPO worth ₹818,400 shares(aggregating up to ₹12.84 Cr). The issue price is ₹157 per share (fixed price). The IPO opens on Jul 10, 2023 and closes on Jul 13, 2023. It will be listed on BSE SME Platform. Kfin Technologies Limited is the registrar.

The issue price of Ahasolar Technologies Limited IPO is ₹157 per share (fixed price).

The lot size of Ahasolar Technologies Limited IPO is 800 shares.

The minimum investment for Ahasolar Technologies Limited IPO is approximately ₹1,25,600 based on the issue price .

Ahasolar Technologies Limited IPO opens on Jul 10, 2023 and closes on Jul 13, 2023.

The allotment date of Ahasolar Technologies Limited IPO is Jul 18, 2023.

Ahasolar Technologies Limited IPO is expected to be listed on Jul 21, 2023, on BSE SME Platform.

Ahasolar Technologies Limited IPO valuation snapshot: P/E 19.77, EPS ₹7.94/-, P/B N/A, RoNW 43.54%, and market cap N/A.

To apply for Ahasolar Technologies Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Ahasolar Technologies Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Ahasolar Technologies Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Ahasolar Technologies Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ahasolar Technologies Limited IPO allotment status on IPO Ji for quick and easy access.