The Waa Solar date has been confirmed from May 31, 2018 and ended on June 4, 2018. Read the post to learn about Waa Solar IPO GMP.
Waa Solar Developers IPO is a fixed price issue of Rs 28.18 crores. The price is ₹161 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹128,800.
Start your investing journey today. Find the latest information on Upcoming IPOs.
Key Details Of Waa Solar IPO GMP:
Bidding Dates
May 31-June 4
Price Range
₹161 per share
Face Value
₹10 per share
GMP
₹102.35
Waa Solar IPO GMP
The Waa Solar IPO GMP Today is ₹102.35.
Waa Solar IPO Overview
The Waa Solar IPO has a fixed price of Rs 28.18 crores. Waa Solar’s initial public offering (IPO) bidding began on May 31, 2018 and finished on June 4, 2018. On June 12, 2018, the shares were listed on the BSE SME. The IPO price for Waa Solar is ₹161 per share. An application requires a minimum lot size of 800 Shares. Retail investors must make a minimum investment of ₹128,800.
In 2013, the Airport Authority of India signed a PPA with the company to build a 100 KWP solar power plant at Raja Bhoj Airport in Bhopal on a Built, Own, and Operate (“BOO“) basis for a 25-year period.
Waa Solar IPO Details
| IPO Date | May 31, 2018 to June 4, 2018 |
| Listing Date | June 12, 2018 |
| Face Value | ₹10 per share |
| Price | ₹161 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 1,750,000 shares (aggregating up to ₹28.18 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 104,000 shares |
Waa Solar Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 20,018.99 | 19,806.98 | 21,882.07 | 18,113.28 | 15,908.92 | |
| Total Revenue | 2,607.24 | 4,689.97 | 5,426.30 | 2,900.85 | 2,773.49 | |
| Profit After Tax | 427.50 | 633.98 | 1,152.70 | 538.07 | 828.28 | |
Waa Solar IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹128,800 |
| Retail (Max) | 1 | 800 | ₹128,800 |
Company Profile
Waa Solar Limited, situated in Gujarat, was created in 2009 and is involved in solar power generation through the establishment of solar power projects as well as the investment of Special Purpose Vehicle (“SPV”) associate and subsidiary enterprises. Gujarat Urja Vikas Nigam Limited (“GUVNL”) gave the business the assignment of developing a Solar Photovoltaic Grid Interactive Power Plant of 10MW capacity at hamlet Nayka, Taluka-Sami, District Patan, to generate and sell the full electrical energy produced for
commercial purposes from such project to GUVNL for a period of 25 years in 2010. GUVNL has contracted to acquire power through distribution firms (“Discom“) under a Power acquire Agreement (“PPA“).
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Waa Solar Limited |
| Phone number | 0265 -2290722 |
| Email ID | [email protected] |
| Website | waasolar.org |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Waa Solar IPO FAQs
When Waa Solar IPO will open?
The Waa Solar IPO opens on May 31, 2018 and closes on June 4, 2018.
What is the lot size of Waa Solar IPO?
Waa Solar IPO lot size is 800 Shares, and the minimum amount required is ₹128,800.
When is Waa Solar IPO allotment?
The finalization of Basis of Allotment for Waa Solar IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Waa Solar IPO listing date?
The Waa Solar IPO listing date is on June 12, 2018.
Leave a Reply