247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Ahasolar Technologies Limited IPO (Ahasolar Technologies IPO) Details

Ahasolar Technologies Limited is an Solar - Panels based company, located in Ahmedabad, Ahasolar Technologies Limited IPO size was 12.85 Cr. and was issued at 157.00 per share. The share of Ahasolar Technologies Limited were listed at 213.15 per share and are currently trading at 207.25 per share.

Type :
Sub Sector :
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
21.05 Cr.

PAT :
1.76 Cr.

Pricing Report

Issue Price :
157.00

Listing Price :
213.15

Current Market Price :
207.25

Issue Price vs CMP :
50.25 (32.01%)

listing Price vs CMP :
5.9 (2.77%)

Performance Report (CAGR* wise)

CAGR : 20.24
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Ahasolar Technologies

Company Information
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 do this through multiple digital solutions and advisory in the field of renewable energy. The Company is a DPIIT recognised startup and registered vide registration no. DIPP34701. The core idea of AHAsolar to work in the space of Climate Change, Renewable and Digital space. Their primary focus in renewable energy has been in solar industry and to cater it they wdeveloped an AI based intelligent Solar Digital Platform. They have developed Software as a Service (SaaS) productsfor solar companies to streamline the processes, design PV, do project management and monitor generation alongwith an integrated Marketplace to connect the demand &
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Object of 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 SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jul, 2023
IPO Size :
12.85 Cr.
Market Cap :
48.39 Cr.   
IPO Subscription :
34.79 X     
PE Multiple :
27.45
IPO Registrar:
Kfin Technologies Limited
Anchor Investors:

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FAQs

Ahasolar Technologies operates in Solar - Panels and . The Issue is listed on BSE SME in Jul, 2023. Ahasolar Technologies IPO size was 12.85 Cr. with Issue price of 157.00 .

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 207.25.

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