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15 Days Price Change

Ahasolar Tech IPO

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Profile
Issue Size --
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Price Range 157  to  157 per share
Profile
Min Investment ₹157
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Lot Size 1
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Face Value ₹10
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Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Ahasolar Technologies Ltd is a cutting-edge technology company specializing in renewable energy solutions. With a focus on solar power, the company is dedicated to harnessing the potential of sustainable energy sources to meet the growing global demand for clean electricity. Ahasolar develops and manufactures advanced solar panels, inverters, energy storage systems, and other related components for residential, commercial, and industrial applications. The company's innovative approach and commitment to research and development have allowed them to create high-performance, reliable, and cost-effective solar energy solutions. Ahasolar's products incorporate state-of-the-art technologies, including efficient photovoltaic cells and intelligent power management systems, ensuring optimal energy production and utilization. Ahasolar Technologies Ltd also offers comprehensive energy consulting services, assisting clients in designing and implementing customized solar energy systems. Their expertise spans project feasibility analysis, system design, installation, and ongoing maintenance, enabling customers to seamlessly transition to sustainable and eco-friendly energy solutions. Driven by a vision of a greener future, Ahasolar Technologies Ltd continues to contribute to the global shift towards clean and renewable energy, making significant strides in the advancement of solar power technology. Read More

Basic Info

Face Value 10 per share

Price 157  to  157 per share

P/E (x) -46.2

Sales( Cr.) 58

PAT( Cr.) -1

EPS -3.4

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

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

Pre Issue Share Holding 50.31%

Post Issue Share Holding --%

Listing Details:

Listing Price: 203

Listing Gain: 22.66%

Current Price: 84.7

Gain On Issue: 84.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jul 10, 2023
Closing Date Jul 13, 2023
Allotment Jul 14, 2023
Refund Jul 17, 2023
Delivery of Shares Jul 17, 2023
Listing Date Jul 18, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 800 125,600
Retail (Max) 1 800 125,600
S-HNI (Min) 2 1600 251,200
S-HNI (Max) 7 5600 879,200
B-HNI (Min) 8 6400 1,004,800

Objective of the Issue

1. Development of Solar PV Plant 2. Setting up of Electric Vehicle Charging Infrastructure 3. Purchase of Electric Vehicle 4. To Meet Working Capital Requirements 5. General Corporate Purpose 6. To meet Public Issue Expenses

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 409200 9563004 23.4x
Retail 409200 18896856 46.2x
EMP 0 0 0x
Total 818400 28472136 34.8x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Ahasolar Tech Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 42 58
Other Income 0 0
Total Income 43 58
Total Expenditure 42 59
Operating Profit 0 -1
Interest 0 0
Depreciation 0 0
Exceptional Income / Expenses 0 0
Profit Before Tax 0 -1
Provision for Tax 0 -0
Profit After Tax 0 -1
Adjustments 0 0
Profit After Adjustments 0 -1
Adjusted Earnings Per Share 0.1 -3.1

Ahasolar Tech Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 16 15
Minority's Interest 0 0
Borrowings 0 0
Other Non-Current Liabilities 0 0
Total Current Liabilities 1 4
Total Liabilities 17 19
Fixed Assets 1 1
Other Non-Current Assets 7 3
Total Current Assets 10 15
Total Assets 17 19

Ahasolar Tech Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 3
Cash Flow from Operating Activities -1 -2
Cash Flow from Investing Activities -8 2
Cash Flow from Financing Activities 12 1
Net Cash Inflow / Outflow 2 1
Closing Cash & Cash Equivalent 3 4

Ahasolar Tech Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.14 -3.1
CEPS(Rs) 1.09 -1.88
DPS(Rs) 0 0
Book NAV/Share(Rs) 51.02 47.92
Core EBITDA Margin(%) -0.3 -1.73
EBIT Margin(%) 0.15 -1.52
Pre Tax Margin(%) 0.13 -1.66
PAT Margin (%) 0.1 -1.65
Cash Profit Margin (%) 0.8 -1
ROA(%) 0.24 -5.23
ROE(%) 0.27 -6.27
ROCE(%) 0.4 -5.66
Receivable days 39.16 32.92
Inventory Days 0.14 0.12
Payable days 2.41 7.16
PER(x) 3159.22 0
Price/Book(x) 8.46 1.88
Dividend Yield(%) 0 0
EV/Net Sales(x) 3.06 0.37
EV/Core EBITDA(x) 359.63 -42.12
Net Sales Growth(%) 0 37.94
EBIT Growth(%) 0 -1500.79
PAT Growth(%) 0 -2369.6
EPS Growth(%) 0 -2369.4
Debt/Equity(x) 0 0.05
Current Ratio(x) 7.45 3.7
Quick Ratio(x) 7.44 3.69
Interest Cover(x) 9.86 -10.97
Total Debt/Mcap(x) 0 0.03

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 38% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -29% NA% NA% NA%
ROE Average -6% -3% -3% -3%
ROCE Average -6% -3% -3% -3%

Company Contact Information

Ahasolar Technologies Ltd.

Office No. 207, 2nd Floor Kalasagar Shopping Hub, Opp. Saibaba Temple Sattadhar Cross Road, Ghatlodiya

IPO Lead Manager(s)

Ahasolar Technologies Ltd.

Beeline Capital Advisors Pvt Ltd.

Registrar Info

Ahasolar Technologies Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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