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Open
31 May to 4 Jun, 2018
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Close
31 May to 4 Jun, 2018
3
Allotment
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Listing
Tue, Jun 12, 2018
Price Band
₹161 per share
Issue Size
20,00,000 shares (agg. up to ₹32 Cr)
Lot Size
800 Shares
Listing Date
Tue, Jun 12, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.44x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 214.07 | 200.19 | 198.07 | 218.82 |
| Total Income | 16.23 | 26.07 | 46.90 | 54.26 |
| Profit After Tax | 1.62 | 4.28 | 6.34 | 11.53 |
| NET Worth | 115.48 | 113.86 | 109.59 | 81.64 |
| Reserves and Surplus | 115.21 | 113.59 | 109.32 | 81.45 |
| Total Borrowing | 89.04 | 78.13 | 77.24 | 111.18 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in Subsidiary Companies | 21.00 |
| 2 | General Corporate Purpose | 6.70 |
About Waa Solar IPO
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.+ Read More
Contact Details
Waa Solar Ltd. AddressMadhav HouseNr.Panchratna BuildingSubhanpura, VadodaraVadodara, Gujarat, 3900230265 -2290722info@waasolar.orgVisit Website