Ahasolar Technologies Limited IPO
BSE SMEListed On: Jul 21, 2023 at ₹ 203.0
₹ 251200 /1600 Shares
*Min Investment
10 Jul, 2023
Open Date13 Jul, 2023
Close Date18 Jul, 2023
Allotment Date21 Jul, 2023
Listing DateAhasolar Technologies Limited IPO Issue Details
- Issue Price ₹157 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 818,400 shares(aggregating up to ₹12.84 Cr)
- Listing at BSE SME
- List Price 203.0
- Listing Date 2023-07-21
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar Kfin Technologies Limited
Ahasolar Technologies Limited IPO Details
- Retail Portion 50%
Ahasolar Technologies Limited IPO Details
Ahasolar Technologies Limited IPO is an SME IPO, priced at ₹157 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jul 10, 2023 to Jul 13, 2023. The allotment is expected to be finalized on Jul 18, 2023, and the tentative listing date is Jul 21, 2023.
The registrar of the IPO is Kfin Technologies Limited, and
Ahasolar Technologies Limited IPO Subscription Analysis And Details
| 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
Ahasolar Technologies Limited Company Financials
| 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 |
About Ahasolar Technologies Limited Company
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
Pre Issue Share Holding : 50.31%
Post Issue Share Holding : %
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
Ahasolar Technologies Limited IPO - FAQs
Ans. Ahasolar Technologies Limited IPO is a SME IPO. The issue is priced at ₹157 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Jul 10, 2023, and closes on Jul 13, 2023. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Ahasolar Technologies Limited IPO opens on Jul 10, 2023 and closes on Jul 13, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Ahasolar Technologies Limited IPO is 818,400 shares(aggregating up to ₹12.84 Cr).
Ans. The Ahasolar Technologies Limited IPO price band is set between ₹157 per equity share.
Ans. To apply for Ahasolar Technologies Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ahasolar Technologies Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ahasolar Technologies Limited IPO is Jul 18, 2023.
Ans. The Ahasolar Technologies Limited IPO will be listed on Jul 21, 2023.
Ans. Follow the steps to check the Ahasolar Technologies Limited IPO allotment status online.
