IPO

Waa Solar Limited IPO

BSE SME

Offer Date: May 31, 2018 - Jun 4, 2018

₹ 257600 /1600 Shares
*Min Investment

31 May, 2018

Open Date

04 Jun, 2018

Close Date

08 Jun, 2018

Allotment Date

12 Jun, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 161 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 20,00,000 Equity Shares of Rs 10/- each at a price of Rs 161/- per share aggregating to 32.2 Cr> Fresh Issue of 17,50,00 Equity Shares of Rs 10/- each at a price of 161/- per share aggregating to 28.18 Cr> Offer for Sale of 2,50,000 Equity Shares of Rs 10/- each at a price of 161/- per share aggregating to 4.02 Cr
  • Listing at BSE SME
  • Lead Manager Guiness Corporate Advisors Pvt Ltd
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Waa Solar Limited IPO is an SME IPO, priced at Rs 161 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from May 31, 2018 to Jun 4, 2018. The allotment is expected to be finalized on Jun 8, 2018, and the tentative listing date is Jun 12, 2018.


The registrar of the IPO is Bigshare Services Pvt. Ltd , and

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IPO Subscription Analysis And Details
Retail
23.00x
Total
30.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved9,48,0009,48,00018,96,000
Day 1 31-05-18
6,96,000 0.73 x13,58,400 1.43 x20,54,400 1.08 x
Day 2 01-06-18
6,99,200 0.74 x15,63,200 1.65 x22,62,400 1.19 x
Day 3 04-06-18
7,03,200 0.74 x23,36,800 2.46 x30,40,000 1.60 x
Valuations
Earnings Per Share (EPS) Rs 7.54
P/E Ratio 21.36
RoNW 3.75%
Net Asset Value (NAV) ( Post Issue ) Rs 214.18
IPO - Issue Objectives
1

Offer for SaleCompany will not receive any proceeds from the Offer for Sale.

2

Fresh Issue(a) Investment in Subsidiary Companies(b) Purchase of Computer Hardware and Office Equipment(c) Meeting Public Issue Expenses