In this article, you will know all about Ahasolar Technologies IPO Date, Review, Price, Allotment, Analysis, GMP and Ahasolar Technologies IPO Subscription Status, and FAQs.
Ahasolar Technologies IPO Details
Ahasolar Technologies IPO date is revealed: it started on July 10 and closed on July 13. Also, the Ahasolar Technologies IPO subscription is on mentioned schedule.
Ahasolar Technologies IPO, also a BSE SME IPO, will raise approximately ₹12.85 Crore through the IPO. The retail quota is 50%, and the NII is also 50%. The price band has been fixed at ₹157 per equity share, and a market lot is 800 shares.
Ahasolar Technologies Limited IPO
Ahasolar Technologies, incorporated in 2017, is engaged in the business of cleantech, enabling energy transformation through digital transformation and thereafter empowering stakeholders to drive the adoption of renewable energy. The company does this through a range of digital solutions and advice in the area of renewable energy.
Ahsolar is a DPIIT-accredited startup and is registered via registration no. DIPP34701. The main idea of AHAsolar is to work in the climate change, renewable, and digital sectors.
The business of the company can be divided into the following segments viz.
- Solar Software Service
- Solar Marketplace
- Solar Advisory and Consultancy Service
Company Promoters
- Mr. Piyushkumar Vasantlal Bhatt
- Mr. Pulkit Dhingra
- Mr. Shatrughan Harinarayan Yadav
- Mr. Vipin Sharma
Ahasolar Technologies IPO Details
| IPO Date | Jul 10, 2023 to Jul 13, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹157 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 818,400 shares (aggregating up to ₹12.85 Cr) |
| Fresh Issue | 818,400 shares (aggregating up to ₹12.85 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Shareholding post issue | 2,263,888 |
| Share holding post issue | 3,082,288 |
| Market Maker portion | 42,400 shares Sunflower Broking |
Ahasolar Technologies IPO Reservation
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 42,400 (5.18%) |
| Other Shares Offered | 388,000 (47.41%) |
| Retail Shares Offered | 388,000 (47.41%) |
| Total Shares Offered | 818,400 (100%) |
Ahasolar Technologies IPO Lot Size
The Ahasolar Technologies IPO lot size is 800 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹125,600 |
| Retail (Max) | 1 | 800 | ₹125,600 |
| HNI (Min) | 2 | 1,600 | ₹251,200 |
Ahasolar Technologies IPO Timetable (Tentative)
Ahsolar Technologies IPO will open on July 10, 2023, and close on July 13, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Monday, 10 July 2023 |
| Closing Date | Thursday, 13 July 2023 |
| Basis of Allotment | Tuesday, 18 July 2023 |
| Initiation of Refunds | Wednesday, 19 July 2023 |
| Credit of Shares to Demat | Thursday, 20 July 2023 |
| Listing Date | Friday, 21 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 13, 2023 |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 138.63 | 128.70 | 2.07 | 2.16 | 1.16 | 23.04 |
| 31-Mar-21 | 85.47 | 187.73 | 7.91 | 10.08 | 9.08 | 24.24 |
| 31-Mar-22 | 237.37 | 1,714.64 | 68.63 | 78.71 | 77.71 | 58.18 |
| 31-Mar-23 | 525.56 | 2,105.16 | 176.38 | 405.07 | 178.69 | 0.00 |
Ahasolar Technologies IPO Valuation – FY2023
| Earning Per Share (EPS): | ₹7.94 per Equity Share |
| Price/Earning P/E Ratio: | 19.77 |
| Return on Net Worth (RoNW): | 43.54% |
| Net Asset Value (NAV): | ₹17.89 per Equity Share |
Download Ahasolar Technologies IPO Form
You can download the Ahasolar Technologies IPO application form available on BSE IPO Website and on the Chittorgarh ipo portal. Please click here to download Ahasolar Technologies IPO form pdf.
Ahasolar Technologies IPO Subscription Status – 2 Days
| Date | NII** | Retail | Total |
|---|---|---|---|
| Day 1 Jul 10, 2023 | 0.38 | 3.28 | 1.83 |
| Day 2 Jul 11, 2023 | 1.00 | 8.14 | 4.57 |
Ahasolar Technologies IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ahasolar.ipo@kfintech.com
Website: https://ris.kfintech.com/ipostatus/
Company Contact Details
Ahasolar Technologies Limited
Office No. 207, Kalasagar Shopping Hub,
Opp. Saibaba Temple, Sattadhar Cross Road,
Ghatlodiya, Ahmedabad– 380061
Phone: 079-40394029
Email: compliance@ahasolar.in
Website: http://www.ahasolar.in/
FAQs
When Ahasolar Technologies IPO Subscription will start?
Ahasolar Technologies IPO subscription starts on July 9, 2023 for NII, and Retail Investors.
What is the Ahasolar Technologies IPO Allotment Date?
The Ahsolar Technologies IPO allotment date is July 18, 2023.
Leave a Reply