Ahasolar Technologies IPO will be Open on 10 July 2023 and closes on 13 July 2023. The company has fixed the price of this IPO at ₹157 according to the face value of ₹10. The company will raise ₹12.85 Crores through this IPO under the 8,18,400 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check Ahasolar Technologies IPO GMP here.
Ahasolar Technologies Limited is engaged of CleanTech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. The Company do this through multiple digital solutions and advisory in the field of renewable energy. The core idea of AHAsolar to work in the space of Climate Change, Renewable and Digital space.
The company primary focus in renewable energy has been in solar industry and to cater it we developed an AI based intelligent Solar Digital Platform. The company have developed Software as a Service (SaaS) productsfor solar companies to streamline the processes, design PV, do project management and monitor generation alongwith an integrated Marketplace to connect the demand & supply digitally. You can check Ahasolar Technologies IPO subscription status here.
Our Core business can be divided in following categories:
- Solar Software Service
- Solar Marketplace
- Solar Advisory and Consultancy Service
Objects Of The Issue :
- 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
Company Strengths :
- Experienced Promoters and Management Team
- Well-defined organizational structure
- Existing Supplier Relationship
- Customer Relationship
- Asset Light Business Model
| Read also: Upcoming IPO List 2023 |
Ahasolar Technologies IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹21.05 Cr (March 2023) ₹157/ EQ (Cut Off) ₹7.94 (Mar 2023) 19.77x (PE Approx) 43.54% (Mar 2023) ₹17.89 (Mar 2023) ₹5.25 Cr (Mar 2023) ₹48.39 Cr 50.31% 36.95% |
| Team Review : | ✔ Apply For Long Term |
Ahasolar Technologies IPO GMP Live:
Ahasolar Technologies IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 13 July 2023 | ₹-₹ | ₹ |
| 12 July 2023 | ₹38-₹40 | ₹0 |
| 11 July 2023 | ₹38-₹40 | ₹0 |
| 10 July 2023 | ₹38-₹40 | ₹0 |
Ahasolar Technologies IPO Date, Price & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 10 July 2023 |
| IPO Close : | 13 July 2023 |
| IPO Size : | ₹12.85. Cr (8,18,400 Shares) |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹157 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹12.85. Cr (8,18,400 Shares) |
| Fresh Issue : | ₹12.85. Cr (8,18,400 Shares) |
| Offer For Sale : | ₹. Cr |
Ahasolar Technologies IPO Market Lot :
Ahasolar Technologies IPO Minimum Market lot is 1 Lot with 800 shares with ₹125,600 Application amount. The retail investors can apply up to 1 lots with 800 Shares or ₹125,600 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 800 | ₹125,600 |
| Retail (Max) : | 1 | 800 | ₹125,600 |
| S-HNI (Min) : | 2 | 1600 | ₹251,200 |
Ahasolar Technologies IPO Shares Offer :
A Total of 818,400 shares are to be bid for the public issue by Ahasolar Technologies IPO with 818,400 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 8,18,400 | ₹12.85 Cr |
| Offer For Sale : | ₹- | |
| Total : | 8,18,400 | ₹12.85 Cr |
Ahasolar Technologies IPO Net Reservation :
Ahasolar Technologies IPO Net Reservation of 8,18,400 shares are to be bid for the public issue by Ahasolar Technologies IPO with – for QIB and 4,09,200 for NII 4,09,200 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹ |
| NII : | 50% | 4,09,200 | ₹6.42 Cr |
| RII : | 50% | 4,09,200 | ₹6.42 Cr |
| MMRP : | – % | – | ₹- |
| Total : | 100% | 8,18,400 | ₹12.84 Cr |
Ahasolar Technologies IPO Dates :
Ahasolar Technologies IPO Date is 10 July 2023 and closes on 13 July 2023. The allotment will be finalized on 18 July 2023 and the IPO may list on 21 July 2023.
| Issue Open Date : | 10 July 2023 |
| Issue Close Date : | 13 July 2023 |
| Allotment Date : | 18 July 2023 |
| Refund Date : | 19 July 2023 |
| Share Credit Date : | 20 July 2023 |
| Listing Date : | 21 July 2023 |
Ahasolar Technologies IPO Form :
There are two ways to apply in Ahasolar Technologies IPO. You can apply for Ahasolar Technologies IPO through ASBA available in your bank account. You have to go to your online bank login and select Ahasolar Technologies IPO in the Invest section and apply through your bank account. Another option is you can apply Ahasolar Technologies IPO through IPO form download through NSE and BSE. See the Ahasolar Technologies IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Ahasolar Technologies Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹2,105.16 | ₹1,932.07 | ₹176.38 |
| 2022 | ₹1,714.64 | ₹1,622.08 | ₹68.63 |
| 2021 | ₹187.73 | ₹176.98 | ₹7.91 |
Company Promoters :
■ Mr. Piyushkumar Vasantlal Bhatt
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Ahasolar Technologies IPO Lead Managers :
■ Beeline Capital Advisors Private Limited
Ahasolar Technologies IPO Registrar :
Kfin Technologies Limited
Address: Selenium Tower-B, Plot 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana, India.
Tel. Number: +91 40 6716 2222
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.kfintech.com
Note: Check Ahasolar Technologies IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Ahasolar Technologies Limited
207, Kalasagar Shopping Hub,
Opp. Saibaba Temple, Sattadhar Cross
Road, Ghatlodiya, Ahmedabad,
Gujarat, India – 380061
Telephone No. 079-40394029
E-Mail: [email protected]
Website: www.ahasolar.in
Ahasolar Technologies IPO FAQs :
What is Ahasolar Technologies IPO?
Ahasolar Technologies IPO is SME IPO. They are going to raise ₹12.85 Crores via IPO. The issue is priced at ₹157 per equity share. The IPO to be listed on BSE, SME.
When Ahasolar Technologies IPO will open?
The IPO is to open on 10 July – 13 July for QIB, NII & RII.
How much is Ahasolar Technologies IPO Size?
Ahasolar Technologies IPO size is ₹12.85 Crores.
How much is the Fresh issue size of Ahasolar Technologies IPO?
The Fresh issue size of Ahasolar Technologies IPO ₹0 Cr.
How much is the Offer For Sale size of Ahasolar Technologies IPO?
The Offer For Sale size of Ahasolar Technologies IPO ₹0 Cr.
What is Ahasolar Technologies IPO Price Band?
Ahasolar Technologies IPO Price Band is ₹157 Per share.
What is the Ahasolar Technologies IPO Minimum and Maximum Lot Size?
The minimum bid is 800 Shares with ₹125,600 amount while the maximum bid is 800 shares with ₹125,600.
How much is Ahasolar Technologies IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Ahasolar Technologies IPO Allotment Date?
Ahasolar Technologies IPO allotment date is 18 July 2023.
When is Ahasolar Technologies IPO Listing Date?
Ahasolar Technologies IPO listing date is 21 July 2023. The IPO to list on BSE, SME.
How to Apply the Ahasolar Technologies IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Ahasolar Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ahasolar Technologies IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Ahasolar Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ahasolar Technologies IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Ahasolar Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ahasolar Technologies IPO through Paytm Money?
.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Ahasolar Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Ahasolar Technologies GMP: Click Here Ahasolar Technologies Subscription: Click Here Ahasolar Technologies Allotment: Click Here Ahasolar Technologies Listing: Click Here |
All Ahasolar Technologies IPO-related links are available here. If you want to know the details then click on Click Here Link.
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