Waa Solar Limited IPO

Waa Solar Limited

Issue Open

May 31, 2018

Price Band

₹ 161

Issue Size

₹ 28.18 Cr

Credit of Shares to Demat

-

Issue Close

Jun 04, 2018

Bid Lot

800

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

800

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Jun 12, 2018

Refunds

-

About the company:

Waa solar limited is a Gujarat based company engaged in solar power generation activity. The company mainly involves in setting up solar power projects and also invests in companies and subsidiaries which are involved in solar power generation.

Date of establishment: The company was incorporated in 2009 in Gujarat

Promoters of Waa Solar Limited : Madhav Power Private Limited is the promoter of the company

Products and services offered: The company is mainly involved in solar power generation

Customer segment: The company mainly deals with government organizations like Airport Authority of India, Gujarat Urja Vikas Nigam Limited etc. spread across the country

Objective of the issue: The company has planned to bring a fresh public issue and an OFS.

The objects of the fresh Issue are:
-      Investing in Subsidiary Companies
-      General Corporate Purpose,
-      Meeting Public Issue Expenses

Company Financials:

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

 

 

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