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Waa Solar IPO is a Fixed Price IPO 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 open date is 31st May 2018 and close date is 4th June 2018. IPO Allotment Date is 30th November -0001 and Listing date is 12th June 2018.
IPO
Size:
₹ 28.18 Cr.
Avg IPO Size (Sector Based)
: ₹
34.14 cr.
Sector: Solar
SME
IPO so far:
16
Merchant Banker:
Guiness Corporate
SME
IPO by BRLM so far:
47
City:
Vadodara
SME
IPO so far:
24
Revenue (annualised):
₹
50.01
cr. 
PE
Ratio:
30.00x
Average Sector PE Ratio: 20.25x
Waa Solar IPO size is ₹ 28.18 Cr. with IPO price of ₹ 161.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Guiness Corporate Advisors Private Limited is the book-running lead manager of the Waa Solar IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Guiness Securities Limited for Waa Solar IPO.
Waa Solar IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Waa Solar IPO, based in Vadodara, operates in the Solar sector with a focus on solar power generation. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Waa Solar IPO size is ₹ 28.18 Cr. with fresh issue size of ₹ 28.18 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Waa Solar IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Waa Solar IPO allotment status on the registrars website, Bigshare Services Private Limited . Waa Solar IPO refund dates are 30th November -0001.
Waa Solar IPO is expected to be listed on 12th June 2018.
The upper price band for the Waa Solar IPO is set at ₹ 161.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Waa Solar IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Waa Solar IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 4th June 2018. After submission, funds are blocked until the basis of allotment of Waa Solar IPO is finalised.
The merchant banker for Waa Solar IPO is Guiness Corporate Advisors Private Limited . Guiness Corporate Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Waa Solar IPO RHP for further details.
The registrar for Waa Solar IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Waa Solar IPO through their official website or helpline.
Waa Solar IPO was subscribed 1.85 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 28.18 Cr.
Avg IPO Size (Sector Based)
:
₹ 34.14 Cr.
Sector: Solar
SME
IPO so far:
16
Merchant Banker:
Guiness Corporate
SME
IPO by BRLM so far:
47
City:
Vadodara
SME
IPO so far:
24
Revenue (annualised):
₹ 24.06 cr.
PE
Ratio:
30.00x
Average Sector PE Ratio: 20.25x
Waa Solar IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Waa Solar Financial Review Page
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.
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