Ahasolar Technologies, which was founded in 2017, is a CleanTech company that allows stakeholders to use renewable energy by allowing the energy transition through digital
transformation. For solar enterprises, it has created Software as a Service (SaaS) tools that automate processes, design PV, handle project management, and monitor generation. Additionally, it has integrated a marketplace to connect demand and supply online. Another SaaS solution is one that helps governments develop distributed renewable programs in various service sectors. Through its solutions, Ahasolar Technologies has been assisting numerous national, international, government, and private businesses in their
efforts to hasten the uptake of solar energy. The following names are given to the goods produced by Ahasolar Technologies:
- AHA! Rooftop Solar Helper
- AHA! Rooftop Solar Helper (Pro)
The business of the company can be divided into the following segments:
- Solar Software Service
- Solar Marketplace
- Solar Advisory and Consultancy Service
Through its advisory services, the company has footprints across India and currently working with 38 cities to transform them into solar cities and enable the growth of solar namely in Gujarat, Punjab, Uttar Pradesh, Goa, Maharashtra, Telangana, Uttrakhand, Jharkhand, Delhi/NCR, Odisha, Karnataka, Kerala, J&K, etc.
Ahasolar Technologies IPO Details:
| Ahasolar Technologies IPO Dates | 10 – 13 Jul 2023 |
| Ahasolar Technologies IPO Price | INR 157 per share |
| Fresh issue | 8,18,400 shares (INR 12.85 crore) |
| Offer For Sale | NIL |
| Total IPO size | 8,18,400 shares (INR 12.85 crore) |
| Minimum bid (lot size) | 800 shares (INR 125,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Ahasolar Technologies Financial Performance:
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| Revenue | 187.61 | 1,713.33 | 2,104.23 |
| Expenses | 176.98 | 1,622.08 | 1,932.07 |
| Net income | 7.91 | 68.63 | 176.38 |
Ahasolar Technologies Valuations & Margins:
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| EPS | 0.49 | 4.28 | 7.94 |
| PE ratio | – | – | 19.77 |
| RONW (%) | 87.20 | 19.95 | 43.54 |
| NAV | 0.63 | 4.91 | 17.89 |
| ROCE (%) | 36.12 | 108.13 | 63.53 |
| EBITDA (%) | 5.82 | 5.48 | 9.20 |
| Debt/Equity | 2.41 | 0.74 | – |
Ahasolar Technologies IPO Dates & Listing Performance:
| IPO Opening Date | 10 July 2023 |
| IPO Closing Date | 13 July 2023 |
| Finalization of Basis of Allotment | 18 July 2023 |
| Initiation of refunds | 19 July 2023 |
| Transfer of shares to demat accounts | 20 July 2023 |
| IPO Listing Date | 21 July 2023 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Ahasolar Technologies Offer Registrar:
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: https://www.kfintech.com
Ahasolar Technologies Contact Details:
AHASOLAR TECHNOLOGIES LIMITED
Office No. 207, Kalasagar Shopping Hub,
Opp. Saibaba Temple, Sattadhar Cross Road,
Ghatlodiya, Ahmedabad, Gujarat, India – 380061
Phone: 079-40394029
E-mail: [email protected]
Website: https://www.ahasolar.in
Ahasolar Technologies Offer Lead Manager
- BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Ahasolar Technologies IPO FAQs:
Q1. What is Ahasolar Technologies IPO offer size?
Ans. Ahasolar Technologies offer size is INR 12.85 crores.
Q2. What is the Ahasolar Technologies offer price band?
Ans. Ahasolar Technologies public offer price is INR 157 per share.
Q3. What is the lot size of Ahasolar Technologies public offer?
Ans. Ahasolar Technologies offer lot size is 800 shares.
Q4. What is Ahasolar Technologies IPO GMP today?
Ans. Ahasolar Technologies IPO GMP today is INR NA per share.
Q5. What is Ahasolar Technologies kostak rate today?
Ans. Ahasolar Technologies kostak rate today is INR NA per application.
Q6. What is Ahasolar Technologies Subject to Sauda rate today?
Ans. Ahasolar Technologies Subject to Sauda rate today is INR NA per application.
