Ahasolar Technologies IPO Date, Review, Price, Allotment, Analysis

IPOWatch Team
July 21, 2023

IPOWatch Team

Ahasolar Technologies IPO Details: Ahasolar Technologies IPO date is fixed, The IPO will open on July 10 and will close on July 13. Ahasolar Technologies is an BSE SME IPO to raise ₹12.85 crores via IPO. The Ahasolar Technologies IPO price band is fixed at ₹157 with a market lot of 800 shares.

Ahasolar Technologies is engaged in the business of CleanTech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. The Company does this through multiple digital solutions and advisory in the field of renewable energy. Ahasolar is a DPIIT-recognized startup and registered vide registration no. DIPP34701. The core idea of AHAsolar is to work in the space of Climate Change, Renewable, and Digital space.

The company’s focus on renewable energy has been in the solar industry and to cater to it we developed an AI-based intelligent Solar Digital Platform. They have developed Software as a Service (SaaS) products for solar companies to streamline the processes, design PV, do project management, and monitor generation along with an integrated Marketplace to connect the demand & supply digitally. Apart from this, another SaaS product is for the governments to implement the distributed renewable program in their services area.

Since our inception, Ahasolar has been working with multiple national, international, government, and private companies in enabling them to accelerate the adoption of solar through our solutions. In terms of software sales, they are providing our services to Solar companies, Original Equipment Manufacturers, and governments, and in terms of advisory, they have been rendering our services to Solar EPC Companies and Corporate Consultancy Firms on Solar Project Management and Solar Plant Audits.

Objects of the Issue:

Development of Solar PV Plant
Setting up of Electric Vehicle Charging Infrastructure
Purchase of Electric Vehicle
To Meet Working Capital Requirements
General Corporate Purpose
To meet Public Issue Expenses

Ahasolar Technologies IPO Review

May Apply

Ahasolar Technologies IPO Date & Price Band Details

IPO Open:	July 10, 2023
IPO Close:	July 13, 2023
IPO Size:	Approx ₹12.85 Crores, 818,400 Equity Shares
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹157 Per Equity Share
IPO Listing on:	BSE SME
Retail Quota:	50% of the net offer
NII Quota:	50% of the net offer
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here
Anchor Investors in IPO:	Click Here

Ahasolar Technologies IPO Market Lot

The Ahasolar Technologies IPO minimum market lot is 1600 shares with a ₹131,200 application amount.

Application	Lot Size	Shares	Amount
Retail Minimum	1	800	₹125,600
Retail Maximum	1	800	₹125,600
S-HNI Minimum	2	3200	₹251,200

Ahasolar Technologies IPO Dates

The Ahasolar Technologies IPO date is July 10 and the IPO close date is July 13. The IPO allotment date is July 18 and the IPO might list on July 21.

IPO Open Date:	July 10, 2023
IPO Close Date:	July 13, 2023
Basis of Allotment:	July 18, 2023
Refunds:	July 19, 2023
Credit to Demat Account:	July 20, 2023
IPO Listing Date:	July 21, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Ahasolar Technologies IPO Form

How to apply Ahasolar Technologies IPO? You can apply Ahasolar Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ahasolar Technologies IPO in the Invest section. The other option you can apply Ahasolar Technologies IPO via IPO forms download via the BSE website. Check out the Ahasolar Technologies forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Ahasolar Technologies Company Financial Report

₹ in Crores
Year	Revenue	Expense	PAT
2020	₹1.29	₹1.26	₹0.02
2021	₹1.88	₹1.77	₹0.08
2022	₹17.15	₹16.22	₹0.68
2023	₹21.05	₹19.32	₹1.76

Ahasolar Technologies IPO Valuation – FY2023

Check Ahasolar Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):	₹7.94 per Equity Share
Price/Earning P/E Ratio:	19.77
Return on Net Worth (RoNW):	43.54%
Net Asset Value (NAV):	₹17.89 per Equity Share

Peer Group

Ahasolar Private Limited

Company Promoters

Mr. Piyushkumar Vasantlal Bhatt
Mr. Pulkit Dhingra
Mr. Shatrughan Harinarayan Yadav
Mr. Vipin Sharma

Ahasolar Technologies IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ris.kfintech.com/ipostatus/

Ahasolar Technologies IPO Allotment Status

Check Ahasolar Technologies IPO allotment status on Kfin Technologies website URL. Click Here

Ahasolar Technologies IPO Lead Managers aka Merchant Bankers

Beeline Capital Advisors Pvt Ltd

Company Address

Ahasolar Technologies Limited
Office No. 207, Kalasagar Shopping Hub,
Opp. Saibaba Temple, Sattadhar Cross Road,
Ghatlodiya, Ahmedabad– 380061
Phone: 079-40394029
Email: [email protected]
Website: http://www.ahasolar.in/

Ahasolar Technologies IPO FAQs

What is Ahasolar Technologies IPO?

Ahasolar Technologies IPO is an BSE SME IPO. They are going to raise ₹12.85 Crores via IPO. The issue is priced at ₹157 per equity share. The IPO is to be listed on BSE.

When Ahasolar Technologies IPO will open?

The IPO is to open on July 10, 2023 for NII, and Retail Investors.

What is Ahasolar Technologies IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Ahasolar Technologies IPO?

You can apply Ahasolar Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Ahasolar Technologies IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Ahasolar Technologies”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Ahasolar Technologies IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Ahasolar Technologies”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Ahasolar Technologies IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Ahasolar Technologies”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Ahasolar Technologies IPO Size?

Ahasolar Technologies IPO size is ₹12.85 crores.

What is Ahasolar Technologies IPO Price Band?

Ahasolar Technologies IPO Price Band is ₹157 per equity share.

What is Ahasolar Technologies IPO Minimum and Maximum Lot Size?

The IPO bid is 800 shares with ₹125,600.

What is Ahasolar Technologies IPO Allotment Date?

Ahasolar Technologies IPO allotment date is July 18, 2023.

What is Ahasolar Technologies IPO Listing Date?

Ahasolar Technologies IPO listing date is July 21, 2023. The IPO to list on BSE SME.

Note: The Ahasolar Technologies IPO details are announced officially. The IPO grey market premium (Ahasolar Technologies IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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