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Ahasolar Technologies SME IPO Details 2023

SME IPO Status: Listed [10th Jul 2023 to 13th Jul 2023]

Rated 3/5 by Team InvestorGain
Ahasolar Technologies SME IPO Detail

Ahasolar Technologies Limited is offering an SME IPO whose issue size is 818,400 equity shares worth of Rs 12.84 Cr. The subscription period for this IPO is from 10 July 2023 to 13 July 2023. The face value of the shares is Rs 10 per share and the issue price is fixed at Rs 157 per share along with the lot size of 800 shares or its multiples.

Stay tuned for more information on Ahasolar Technologies Limited IPO, including company overview, financials, live subscription, allotment, GMP and more.

Ahasolar Technologies SME IPO Details

SME IPO Issue Opening Date: 10th Jul 2023
SME IPO Issue Closing Date: 13th Jul 2023
SME IPO Issue Price: ₹157.00 Per Share
DRHP: Download DRHP
RHP: Download RHP
IPO Listing At: BSE SME
Retail Quota: 50% of the Net Issue
SME IPO Issue Type: Fixed Price Issue
SME IPO Issue Size: ₹12.85 Cr
Fresh Issue: ₹12.85 Cr
Face Value: ₹10 Per Equity Share
SME IPO Discount: TBD
Promoter Holding Pre IPO: 50.31%
Promoter Holding Post IPO: 36.95%
Allotment Status: Allotment Status
BSE Code: 543941

Ahasolar Technologies SME IPO Important Dates

Get important updates regarding Ahasolar Technologies SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Ahasolar Technologies SME IPO dates
SME IPO Activity Date
Basis of Allotment Date* 18th Jul 2023
Refunds Initiation* 19th Jul 2023
Credit of Shares to Demat* 20th Jul 2023
SME IPO Listing Date* 21st Jul 2023

* - Tentative Dates

Ahasolar Technologies SME IPO Lots

SME IPO Activity Date
Issue Price ₹157.00
Market Lot: 800 Shares
1 Lot Amount: ₹125600
Min HNI Lots: 1600 shares (2 lots)

Ahasolar Technologies IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
21-07-2023157.0012--₹169 (7.64%)21-Jul-2023 10:04
IPO Live GMP

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Ahasolar Technologies

Ahasolar Technologies Limited was founded in 2017. Their main focus in renewable energy is on the solar industry, for which they have developed an AI-based intelligent digital solar platform. They have developed software-as-a-service (SaaS) products for solar companies to streamline processes, plan PV plants, manage projects, and monitor generation, as well as an integrated marketplace to digitally connect supply and demand. There is also another SaaS product for governments to implement the distributed renewable energy programme in their service area.

Their Core business can be divided in following categories:

  1. Solar Software Service
  2. Solar Marketplace
  3. Solar Advisory and Consultancy Service

The company is also involved in the business of Advisory for sustainable development and energy transition to renewables. Their key expertise include:

  1. Software and Advisory on Process Management
  2. Software related to solar EPC company for PV design, project management, procurement, monitoring, ERP, CRM
  3. Solar Project Management
  4. Advisory on policy and regulation related to renewable energy
  5. Transactional Advisory on transformation of companies, cities and states to renewables
  6. E-commerce for solar products
  7. Drone Surveys
  8. Automation

Ahasolar Technologies SME IPO Strengths

  • Experienced Promoters and Management Team
  • Well-defined organizational structure
  • Existing Supplier Relationship
  • Asset Light Business Model
  • Customer Relationship
Incorporation Sector IPO Issue Size Website
2017 Solar Energy ₹12.85 Cr http://www.ahasolar.in/

Ahasolar Technologies SME IPO Objective

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

  1. Development of Solar PV Plant
  2. Setting up of Electric Vehicle Charging Infrastructure
  3. Purchase of Electric Vehicle
  4. To Meet Working Capital Requirements
  5. General Corporate Purpose
  6. To meet Public Issue Expenses

Our experts can help you prepare for SME IPO

Ahasolar Technologies SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Non-Institutional Investors: 388,000 Shares
  • Retail Individual Investor: 388,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day NIIRIITotal
 # of Shares Offered388,000 (50%)388,000 (50%)776,000
110th Jul 2023 19:040.38x3.28x1.83x
211th Jul 2023 19:041.89x12.01x6.96x
312th Jul 2023 19:046.04x22.82x14.43x
413th Jul 2023 19:0423.37x46.18x34.79x
Ahasolar Technologies Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20138.63128.702.072.161.1623.04
31-Mar-2185.47187.737.9110.089.0824.24
31-Mar-22237.371,714.6468.6378.7177.7158.18
31-Mar-23525.562,105.16176.38405.07178.690.00
Amount in ₹ Lakhs

Company Address

Ahasolar Technologies Limited
Office No. 207, Kalasagar Shopping Hub, Opp. Saibaba Temple, Sattadhar Cross Road, Ghatlodiya
Ahemdabad,Gujarat-380 061
India
Website: http://www.ahasolar.in/
Phone: 079-40394029
Email: [email protected]

Ahasolar Technologies SME IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: [email protected]

Ahasolar Technologies SME IPO Lead Manager

Ahasolar Technologies SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Ahasolar Technologies? Should I apply in Ahasolar Technologies SME IPO?

Last Updated on 25-Jul-2023 06:00:20

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Ahasolar Technologies SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Ahasolar Technologies SME IPO with Zerodha.

Alternate approch to apply in Ahasolar Technologies SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Ahasolar Technologies SME IPO Review and Important Updates

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Apply in Ahasolar Technologies SME IPO online

To subscribe or apply in Ahasolar Technologies SME IPO, you can use the following methods:

Ahasolar Technologies SME IPO Applying ModeMethodDetails
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Ahasolar Technologies SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Ahasolar Technologies SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Ahasolar Technologies SME IPO. Most of the Syndicate Banks provide access to apply in Ahasolar Technologies IPO via ASBA process. You must have your net banking access, DP ID information to apply in Ahasolar Technologies SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Ahasolar Technologies SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Ahasolar Technologies SME IPO Review and Important Updates

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Ahasolar Technologies SME IPO Application is not yet available.

 

Ahasolar Technologies SME IPO is going to be list on 21-07-2023. BSE Code for Ahasolar Technologies is 543941.

Other relevant questions:

When Ahasolar Technologies SME IPO will be listing? Ahasolar Technologies SME IPO BSE listing date?Ahasolar Technologies SME IPO date of listing

 

Ahasolar Technologies SME IPO Allotment Date is 18-07-2023.

Other relevant questions:

Ahasolar Technologies SME IPO share allotment date?Ahasolar Technologies SME IPO allotment date?

 


User Reviews

5. Manoj Kayyanthala Jul 05 2023 02:30:08 AM Reply
Ahasolar Technologies SME IPO expected listing gain.
4. Ashutosh Kumar Singh Jul 05 2023 02:30:08 AM Reply
Please confirm Ahasolar Technologies SME IPO GMP (grey market premium) and kostak.
3. shiva chaitanya Jul 05 2023 02:30:08 AM Reply
Ahasolar Technologies SME IPO good or bad.
2. Suresh Maloth Jul 05 2023 02:30:08 AM Reply
Ahasolar Technologies SME IPO whether to invest or not.
1. Manojkumar Jul 05 2023 02:30:08 AM Reply
Ahasolar Technologies SME IPO - CRISIL Rating, Apply or not?.