PS www.ProStocks.com
|
|
Incorporated in 2009, Gujarat based Waa Solar Limited is a company engaged in solar power generation by setting up Solar Power Project and by investing in Special Purpose Vehicle ("SPV") associate and subsidiaries companies which are engaged in solar power generation activities.
In 2010, Gujarat Urja Vikas Nigam Limited ("GUVNL") has awarded the company the work of setting up of Solar Photovoltaic Grid Interactive Power Plant of 10MW capacity at village Nayka, Taluka-Sami, District Patan, to produce the Electric Energy and for sale of entire electrical energy, so produced, for commercial purpose from such project to GUVNL for a tenure of 25 years. GUVNL has entered into Power Purchase Agreement ("PPA") and agreed to purchase such power through distribution companies ("Discom").
In 2013, Airport Authority of India, has entered into PPA with the company for setting up a solar power plant of 100 KWP at Raja Bhoj Airport, Bhopal on Built, Own and Operate ("BOO") basis for a tenure of 25 years.
| IPO Date | May 31, 2018 to Jun 4, 2018 |
| Listing Date | Jun 12, 2018 |
| Face Value | ₹10 per share |
| Price | ₹161 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 1,750,000 shares (aggregating up to ₹28.18 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Other Shares Offered | 0 (0.00%) |
| Other Shares Offered | 823,000 (50.00%) |
| Retail Shares Offered | 823,000 (50.00%) |
| Market Maker portion | 104,000 shares |
| Total Shares Offered | 1,646,000 |
The Waa Solar IPO lot size is 800 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹128,800 |
| Retail (Max) | 1 | 800 | ₹128,800 |
| Lot Size Calculator | |||
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 20,018.99 | 19,806.98 | 21,882.07 | 18,113.28 | 15,908.92 | |
| Total Revenue | 2,607.24 | 4,689.97 | 5,426.30 | 2,900.85 | 2,773.49 | |
| Profit After Tax | 427.50 | 633.98 | 1,152.70 | 538.07 | 828.28 | |
The present Public Issue of 20,00,000 Equity Shares includes a Fresh Issue of 17,50,000 Equity shares and an offer for sale by the Selling Shareholder of 2,50,000 equity shares at an issue price of ` 161 per Equity Share.
The Offer for Sale: The Company will not receive any proceeds from the Offer for Sale.
Fresh Issue: The objects of the Issue are:
1. Investment in Subsidiary Companies
2. General Corporate Purpose,
3. Meeting Public Issue Expenses.
[Dilip Davda] Although on prima facie issue appears aggressively priced, considering market value terms, investors may consider investment for long term. Read detail review...
The Waa Solar IPO is subscribed 1.85 times on Jun 4, 2018 5:00:00 PM. The public issue subscribed 2.84 times in the retail category, times in the QIB category, and 0.85 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 0.85 |
| Retail | 2.84 |
| Total | 1.85 |
| Listing Date | Jun 12, 2018 |
| BSE Script Code | 541445 |
| NSE Symbol | |
| ISIN | INE799N01012 |
| Final Issue Price | ₹161 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹161.00 |
| ₹158.00 |
| ₹152.10 |
| ₹158.00 |
| ₹153.15 |
Waa Solar Limited
Madhav House,
Nr. Panchratna Building,
Subhanpura, Vadodara, Gujarat -390023
Phone: 0265 -2290722
Email: info@waasolar.org
Website: http://www.waasolar.org/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Waa Solar IPO is a SME IPO of 1,750,000 equity shares of the face value of ₹10 aggregating up to ₹28.18 Crores. The issue is priced at ₹161 per share. The minimum order quantity is 800 Shares.
The IPO opens on May 31, 2018, and closes on Jun 4, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Waa Solar IPO opens on May 31, 2018 and closes on Jun 4, 2018.
Waa Solar IPO lot size is 800 Shares and the minimum order quantity is .
You can apply in Waa Solar IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Waa Solar IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Waa Solar IPO allotment status.
IPO Mentor (600+ Posts, 600+ Likes)
Useful Articles
FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
|
|
RHP
IPO Guru (1600+ Posts, 900+ Likes)
