IPO

Ahasolar Technologies Limited IPO

BSE SME

Listed On: Jul 21, 2023 at ₹ 203.0

₹ 125600 /800 Shares

Check Allotment

Ahasolar Technologies Limited IPO Details

10 Jul, 2023

Open Date

13 Jul, 2023

Close Date

18 Jul, 2023

Allotment Date

21 Jul, 2023

Listing Date

Issue Price

₹157 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Kfin Technologies Limited

List Price

203.0

Listing Date

2023-07-21

Market Lot

800 Shares (₹125,600/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

818,400 shares(aggregating up to ₹12.84 Cr)

Retail Portion

50%

Subscription

34.79 times

IPO Docs

DRHP RHP

Ahasolar Technologies Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved388,000388,000776,000
Day 1 - 10-07-23 06:00 PM0.38 x3.28 x1.83 x
Day 2 - 11-07-23 06:00 PM1.89 x12.01 x6.96 x
Day 3 - 12-07-23 06:00 PM6.04 x22.82 x14.43 x
Day 4 - 13-07-23 06:00 PM23.37 x46.18 x34.79 x

Ahasolar Technologies Limited Valuations

Earnings Per Share (EPS)

₹7.94/-

P/E Ratio

19.77

RoNW

43.54%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Ahasolar Technologies Limited Company Financials All values are in ₹ Lakh

30-Sept-2231-Mar-2231-Mar-2131-Mar-20
Assets316.69237.3785.47138.63
Revenue1,001.501,714.64187.73128.70
Profit After Tax27.1068.637.912.07

About The 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)

Read More

Ahasolar Technologies Limited - Promoter(s)

Pre Issue Share Holding: 50.31%

Post Issue Share Holding: %

Company Promoter(s)

  1. Mr. Piyushkumar Vasantlal Bhatt
  2. Mr. Pulkit Dhingra
  3. Mr. Shatrughan Harinarayan Yadav
  4. Mr. Vipin Sharma

Ahasolar Technologies Limited IPO - Issue Objectives

  1. Development of Solar PV Plant
  2. Setting up of Electric Vehicle Charging Infrastructure
  3. Purchase of Electric Vehicle
  4. To Meet Working Capital Requirements
  5. General Corporate Purpose
  6. 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. The size of Ahasolar Technologies Limited IPO is 818,400 shares(aggregating up to ₹12.84 Cr).

Ans. The IPO price band is set between ₹157 per equity share.

Ans. To apply for Ahasolar Technologies Limited IPO 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 allotment status for Ahasolar Technologies Limited IPO here.