Ahasolar Technologies (BSE SME)
Jul 10, 2023 - Jul 13, 2023
| Price | ₹157 - ₹157 |
| Premium | ₹15 |
|---|---|
| Lot size | 800 |
| Allotment | Jul 18, 2023 |
| Listing | Jul 21, 2023 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 800 | 125600 | 0 |
| HNI | 2 | 1600 | 251200 | 0 |
| Investor Category | Subscription (times) |
|---|---|
| Non-Institutional Buyers** | 23.37 |
| Retail Investors | 46.18 |
| Total | 34.79 |
Incorporated in 2017, 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)
Ahasolar Technologies IPO Details
| 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 |
| Share holding pre issue | 2,263,888 |
| Share holding post issue | 3,082,288 |
| Market Maker portion | 42,400 shares Sunflower Broking |
Ahasolar Technologies IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Company Financials
| Period Ended | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 |
|---|---|---|---|---|
| Total Assets | 138.63 | 85.47 | 237.37 | 525.56 |
| Total Revenue | 128.70 | 187.73 | 1,714.64 | 2,105.16 |
| Profit After Tax | 2.07 | 7.91 | 68.63 | 176.38 |
| Net Worth | 2.16 | 10.08 | 78.71 | 405.07 |
| Reserves and Surplus | 1.16 | 9.08 | 77.71 | 178.69 |
| Total Borrowing | 23.04 | 24.24 | 58.18 | 0.00 |
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ahasolar.ipo@kfintech.com
Website: https://ris.kfintech.com/ipostatus/