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

Waa Solar Limited IPO (Waa Solar IPO) Details

Waa Solar Limited is an Solar based company, located in Vadodara, Waa Solar Limited IPO size was 28.18 Cr. and was issued at 161.00 per share. The share of Waa Solar Limited were listed at 153.15 per share and are currently trading at 106.65 per share.

Type :
Sub Sector : Solar Power Generation
SME IPO
BSE SME

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

Revenue :
50.01 Cr.

PAT :
3.50 Cr.

Pricing Report

Issue Price :
161.00

Listing Price :
153.15

Current Market Price :
106.65

Issue Price vs CMP :
54.35 (33.76%)

listing Price vs CMP :
46.5 (30.36%)

Performance Report (CAGR* wise)

CAGR : -6.03
-ve 0 6 9 12+
Below Average

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

About Waa Solar

Company Information
Waa Solar was incorporated as "Waa Solar Private Limited" under the provision of the Companies Act, 1956 vide certificate of incorporation dated November 9, 2009 issued by the Assistant Registrar of Companies, Maharashtra, Mumbai. The registered office of The Company was shifted from Maharashtra State to Gujarat State and certificate was issued on September 12, 2013 by the Registrar of Companies, Gujarat , Dadara Nagar and Havelli. Consequent upon the conversion of The Company to public limited company, the name of The Company was changed to 'Waa Solar Limited" and fresh certificate of incorporation dated February 19, 2018was issued by the Assistant ROC, Registrar of Companies, Ahmedabad. The Corporate Identification Number of The Company is U40106GJ2009PLC076764. The company was originally incorporated in the year 2009,
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Object of Issue
  • Investment in Subsidiary Companies
  • General Corporate Purposes
  • Meeting Public Issue Expenses

Waa Solar SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jun, 2018
IPO Size :
28.18 Cr.
IPO Subscription :
1.85 X     
PE Multiple :
30.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Waa Solar operates in Solar and Solar Power Generation. The Issue is listed on BSE SME in Jun, 2018. Waa Solar IPO size was 28.18 Cr. with Issue price of 161.00 .

Waa Solar IPO subscription was 1.85 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.

Waa Solar IPO listed at a listing price of 153.15 against the offer price of 161.00.

The current market price of Waa Solar is 106.65.

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