Ahasolar Technologies (BSE SME)
July 10, 2023 – July 13, 2023
| Price | ₹157 - ₹157 |
| GMP Rumors * | ₹15 |
|---|---|
| Lot size | 800 |
| Issue size | ₹12.85 cr |
| Allotment | Jul 18, 2023 |
| Listing | Jul 21, 2023 |
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Ahasolar Technologies (BSE SME) Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| BSE | ₹203.00 | +₹46.00 | +29.30% |
Ahasolar Technologies (BSE SME) Subscription
| Investor Category | Subscription (times) |
|---|---|
| Non-Institutional Buyers** | 23.37 |
| Retail Investors | 46.18 |
| Total | 34.79 |
Ahasolar Technologies (BSE SME) Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 1600 | 251200 | 0 |
| HNI | 3 | 2400 | 376800 | 0 |
Ahasolar Technologies (BSE SME) Reservation
| Category | Shares Offered | % |
|---|---|---|
| HNI | 776000 | 48.67% |
| INDIVIDUAL | 818400 | 51.33% |
| Total | 1594400 | 100% |
Ahasolar Technologies (BSE SME) About

Incorporated in 2017, Ahasolar Technologies Limited is engaged in the business of CleanTech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy.
With their passion for solar energy and the desire to help stakeholders like solar companies and the government change the world for the better, Ahasolar is making the process of managing, selling, designing, and procuring solar PV systems easier and simpler.
The business of the company can be divided into the following segments:
- Solar Software Service
- Solar Marketplace
- Solar Advisory and Consultancy Service
The entity has been working with multiple national, international, government, and private companies towards enabling them to accelerate the adoption of solar through solutions offered by Ahasolar. Ahasolar Technologies Limited is also involved in the business of Advisory for sustainable development and energy transition to renewables.
The products of Ahasolar Technologies are offered under the names:
- AHA! Rooftop Solar Helper
- AHA! Rooftop Solar Helper (Pro)
Ahasolar Technologies IPO Details
| Total Issue Size | 818,400 shares (aggregating up to ₹12.85 Cr) |
| Fresh Issue | 818,400 shares (aggregating up to ₹12.85 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,263,888 |
| Share holding post issue | 3,082,288 |
| Market Maker portion | 42,400 shares Sunflower Broking |
Ahasolar Technologies IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Company Financials
| Period Ended | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 |
|---|---|---|---|---|
| Total Assets | 138.63 | 85.47 | 237.37 | 525.56 |
| Total Revenue | 128.70 | 187.73 | 1,714.64 | 2,105.16 |
| Profit After Tax | 2.07 | 7.91 | 68.63 | 176.38 |
| Net Worth | 2.16 | 10.08 | 78.71 | 405.07 |
| Reserves and Surplus | 1.16 | 9.08 | 77.71 | 178.69 |
| Total Borrowing | 23.04 | 24.24 | 58.18 | 0.00 |
Strength
Weakness
Ahasolar Technologies (BSE SME) Latest Announcements
| Date | Subject | Attachment Text |
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Ahasolar Technologies (BSE SME) Financial Results
Ahasolar Technologies (BSE SME) Lead Manager(s)
Ahasolar Technologies (BSE SME) Address
Ahasolar Technologies Limited
Office No. 207, Kalasagar Shopping Hub,
Opp. Saibaba Temple, Sattadhar Cross Road,
Ghatlodiya, Ahmedabad– 380061
Phone: 079-40394029
Email: compliance@ahasolar.in
Website: http://www.ahasolar.in/