IPO

Waa Solar Limited IPO

BSE SME

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

₹ 128800 /800 Shares

IPO Details

31 May, 2018

Open Date

04 Jun, 2018

Close Date

08 Jun, 2018

Allotment Date

12 Jun, 2018

Listing Date

Issue Price

Rs 161 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt. Ltd

Market Lot

800 Shares (Rs 1,28,800/-)

Lead Manager

Guiness Corporate Advisors Pvt Ltd

Issue Size

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

Retail Portion

N/A

Subscription

30,40,000 1.60 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved9,48,0009,48,00018,96,000
Day 1 - 31-05-186,96,000 0.73 x13,58,400 1.43 x20,54,400 1.08 x
Day 2 - 01-06-186,99,200 0.74 x15,63,200 1.65 x22,62,400 1.19 x
Day 3 - 04-06-187,03,200 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

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

  1. Mr. Rohit D. Shah
  2. Mrs. Chetna R. Shah

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

IPO - FAQs

Ans. Waa Solar Limited IPO is a SME IPO. The issue is priced at Rs 161 Per Equity Share . The minimum order quantity is 800 Shares. The IPO opens on May 31, 2018, and closes on Jun 4, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Waa Solar Limited IPO opens on May 31, 2018 and closes on Jun 4, 2018.

Ans. The size of Waa Solar Limited IPO is 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.

Ans. The IPO price band is set between Rs 161 Per Equity Share .

Ans. To apply for Waa Solar Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Waa Solar 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 Waa Solar Limited IPO is Jun 8, 2018.

Ans. The Waa Solar Limited IPO will be listed on Jun 12, 2018.

Ans. Follow the steps to check the allotment status for Waa Solar Limited IPO here.