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Ahasolar Technologies IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Solar - Panels sector. Beeline Capital Advisors Private is the merchant banker of Ahasolar Technologies IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th March 2023.
Ahasolar Technologies IPO open date is 10th July 2023 and close date is 13th July 2023. IPO Allotment Date is 18th July 2023 and Listing date is 21st July 2023.Ahasolar Technologies IPO size is Rs 12.85 Cr. crores with IPO price of Rs 157.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Ahasolar Technologies IPO. Kfin Technologies Limited is the Registrar and Market Maker is Sunflower Broking Private Limited for Ahasolar Technologies IPO.
Ahasolar Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Ahasolar Technologies IPO, based in Ahmedabad, operates in the Solar - Panels sector with a focus on Business of CleanTech enabling Energy Transition. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Ahasolar Technologies IPO size is ₹ 12.85 Cr. Crores with fresh issue size of Rs 12.85 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Ahasolar Technologies IPO is expected to be 18th July 2023, after the finalization of basis of allotment. Investors can check Ahasolar Technologies IPO allotment status on the registrars website, Kfin Technologies Limited. Ahasolar Technologies IPO refund dates are 19th July 2023.
Ahasolar Technologies IPO is expected to be listed on 21st July 2023.
The upper price band for the Ahasolar Technologies IPO is set at ₹ 157.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Ahasolar Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Ahasolar Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 13th July 2023. After submission, funds are blocked until the basis of allotment of Ahasolar Technologies IPO is finalised.
The merchant banker for Ahasolar Technologies IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ahasolar Technologies IPO RHP for further details.
The registrar for Ahasolar Technologies IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Ahasolar Technologies IPO through their official website or helpline.
Ahasolar Technologies IPO was subscribed 34.79 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 12.85 Cr.
Avg IPO Size (Sector Based)
:
₹ 28.44 Cr.
Sector: Solar - Panels
SME IPO so far:
5
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 21.04 cr.
PE
Ratio:
27.45x
Average Sector PE Ratio: 20.39x
Ahasolar Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ahasolar Technologies Financial Review Page
Merchant Banker(s) of Ahasolar Technologies IPO: Beeline Capital Advisors Private Limited
Ahasolar Technologies IPO subscription was 34.79 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Ahasolar Technologies IPO listed at a listing price of 213.15 against the offer price of 157.00.
The current market price of Ahasolar Technologies is 104.73.
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