IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Peer Comparison Report
Performance
Performance Report
Waa Solar IPO is a Fixed Price listing on BSE SME exchange, with an ipo size of ₹ 28.18 Cr. The company is based in Vadodara and caters to Solar sector. Guiness Corporate Advisors is the merchant banker of Waa Solar IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th April 2018.
Waa Solar IPO posted revenues of ₹ 50.01 crores and PAT of ₹ 3.50 crores in FY18 on annualised basis.
Revenue:
₹ 24.06 Cr.
EBITDA Margin:
93.64
% 
Net Worth: ₹ 115.48 Cr.
Market Capitalisation:
[●]
P/E:
30.00 times
P/BV: [●]
EV/EBITDA: [●]
Financial results of Waa Solar IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Nov-17 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 214.07 | 200.19 | 198.07 | 218.82 | |
| Net Worth | 115.48 | 113.86 | 109.59 | 81.64 | |
| Total Debt | 89.04 | 78.13 | 77.24 | 111.18 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
16.04
24.06 |
25.61 | 27.28 | 27.14 | |
EBITDA
EBITDA on annualised basis |
15.02
22.53 |
24.55 | 27.57 | 34.51 | |
PAT
PAT on annualised basis |
1.62
2.43 |
4.28 | 6.34 | 11.53 | |
Waa Solar IPO PAT Margin is 10.10 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Waa Solar IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Nov-17 | FY17 | FY16 | FY15 |
|---|---|---|---|---|
| EBITDA Margin (%) | 93.64 | 95.86 | 101.06 | 127.16 |
| PAT Margin (%) | 10.10 | 16.71 | 23.24 | 42.48 |
| EPS (₹) | 93.72 | 184.28 | 225.70 | 597.41 |
| ROE (%) | 1.40 | 3.76 | 5.79 | 14.12 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 0.76 | 2.14 | 3.20 | 5.27 |
| Debt to Equity | 0.77 | 0.69 | 0.70 | 1.36 |
The market Capitalisation of Waa Solar IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Waa Solar IPO prospectus highlights an Return on Equity (ROE) of 1.40 % , Return on Assets (ROA) of 0.76 %, and an EBITDA Margin of 93.64 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Waa Solar IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Waa Solar IPO is ₹ [●] Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Waa Solar IPO has a Price-to-Earnings (PE) ratio of 30.00 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Waa Solar IPO reported revenue of ₹ 50.01 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Waa Solar IPO provide insights into sales growth, market demand, and business scalability.
Waa Solar recorded an EBITDA of ₹ 22.53 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Waa Solar Profit After Tax (PAT) is ₹ 2.43 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 24.06 Cr.
EBITDA Margin:
93.64
%
Net Worth: ₹ 115.48 Cr.
Market Capitalisation:
[●]
P/E:
30.00 times
P/BV: [●]
EV/EBITDA: [●]
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 with Issue price of 161.00 .
Merchant Banker(s) of Waa Solar IPO: Guiness Corporate Advisors Private Limited
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 81.44.
Why Us?
