| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹12.85 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹12.85 Cr |
| Fresh Issue | ₹12.18 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน157.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543941 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 800 shares and in multiples thereof
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:
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Development of Solar PV Plant | 7.05 |
| 2 | Setting up of Electric Vehicle Charging Infrastructure | 0.33 |
| 3 | Purchase of Electric Vehicle | 0.09 |
| 4 | To Meet Working Capital Requirements | 2.40 |
| 5 | General Corporate Purpose | 1.96 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 5.26 | 2.37 | 0.85 | 1.39 |
| Total Income | 21.05 | 17.15 | 1.88 | 1.29 |
| Profit After Tax | 1.76 | 0.69 | 0.08 | 0.02 |
| NET Worth | 4.05 | 0.79 | 0.10 | 0.02 |
| Reserves and Surplus | 1.79 | 0.78 | 0.09 | 0.01 |
| Total Borrowing | 0.00 | 0.58 | 0.24 | 0.23 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 72.92% |
| ROCE | 63.53% |
| RoNW | 43.54% |
| PAT Margin | 8.38% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 7.94 | |
| P/E (x) | 27.45 | |
| Promoter Holding | 50.31% | 36.95% |
| Market Cap | โน48.39 Cr. | |