✓
Open
10 Jul 2023
✓
Close
13 Jul 2023
3
Allotment
—
✓
Listing
Fri, Jul 21, 2023
Price Band
₹157 per share
Issue Size
8,18,400 shares (agg. up to ₹13 Cr)
Lot Size
800 Shares
Listing Date
Fri, Jul 21, 2023
Latest GMP
₹12
Est. Gain
7.64%
✦ AI Insight
GMP Trend
21-07-2023₹12Est. ₹169+7.64%
20-07-2023₹12Est. ₹169+7.64%
19-07-2023₹13Est. ₹170+8.28%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 34.05x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Macfos Ltd. | SME | ₹23.75 Cr | ₹102 | 15.22 | ₹174.80 | +71.37% | ₹1,143.70 (-0.82%) |
| Pace E-Commerce Ventures Ltd. | SME | ₹66.53 Cr | ₹103 | 429.16 | ₹109.70 | +6.50% | ₹14.43 (-4.18%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ 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 |
About Ahasolar Technologies IPO
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) + Read More
Contact Details
Ahasolar Technologies Ltd. AddressOffice No.207, Kalasagar Shopping HubOpp.Saibaba Temple, Sattadhar Cross RoadGhatlodiyaAhmedabad, Gujarat, 380061079-40394029compliance@ahasolar.inVisit Website