IPO Synopsis
Home >> IPO >> IPO Synopsis
Waa Solar Ltd
Registered Office:
Madhav House Subhanpura,Nr Panchratna Building,
Vadodara - 390023,
Gujarat, India.
Website :  www.waasolar.org
Initial public offer of 20,00,000 equity shares of face value of (Rs)10 each ("equity shares") of Waa Solar Limited ("company" or "issuer") for cash at a price of (Rs) 161 per equity share (including a share premium of (Rs) 151 per equity share) ("issue price") aggregating to (Rs) 32.20 Crores ("issue" ) consisting of a fresh issue of 17,50,000 equity shares of face value of (Rs)10 each ("equity shares") for cash at a price of (Rs) 161 per equity share aggregating to (Rs) 28.17 Crores ("issue") and 2,50,000 equity shares of face value of (Rs)10 each ("equity shares") for cash at a price of (Rs) 161 per equity share aggregating to (Rs) 4.03 Crores through an offer for sale by Mr. Ashok Khurana and Mrs. Manju Khurana (referred as selling shareholders forming part of promoter group) of which 1,04,000 equity shares of face value of (Rs)10.00 each for a cash price of (Rs) 161 per equity share, aggregating to (Rs) 1.67 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 18,96,000 equity shares of face value of (Rs) 10.00 each at an issue price of (Rs) 161 per equity share aggregating to (Rs) 30.53 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 30.15% and 28.58%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs) 10 each and the issue price is (Rs)161 each. The issue price is 16.1 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
31-May-18
04-Jun-18
161.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 800   Further Multiples of : 800
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
28.18
Guiness Corporate Advisors Pvt Ltd
Project Financed through Current Offer
32.20
 
Post Issue Equity Share Capital
6.63
 
Issue Price
161.00
 
Projects
Investment in Subsudiary Companies
General Corporate Purpose
Promoted By
Madhav Power Pvt Ltd
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
Adani Ports & Special Economic Zone Ltd     373.15   Down   -4.00 (-1.06%)   Asian Paints Ltd     1,395.10   Down   -4.15 (-0.30%)   Axis Bank Ltd     618.05   Up   13.15 (2.17%)   Bajaj Auto Ltd     2,646.40   Up   15.55 (0.59%)   Bajaj Finance Ltd     2,830.20   Up   69.80 (2.53%)   Bajaj Finserv Ltd     7,112.70   Up   167.25 (2.41%)   Bharat Petroleum Corporation Ltd     376.65   Down   -3.05 (-0.80%)   Bharti Airtel Ltd     367.00   Down   -3.15 (-0.85%)   Bharti Infratel Ltd     283.90   Down   -1.35 (-0.47%)   Cipla Ltd     642.75   Up   14.45 (2.30%)   Coal India Ltd     282.65   Up   3.60 (1.29%)   Dr Reddys Laboratories Ltd     2,278.45   Up   36.85 (1.64%)   Eicher Motors Ltd     28,992.35   Up   585.75 (2.06%)   GAIL (India) Ltd     379.80   Up   4.35 (1.16%)   Grasim Industries Ltd     986.60   Down   -0.25 (-0.03%)   HCL Technologies Ltd     999.70   Up   16.70 (1.70%)   HDFC Bank Ltd     2,089.10   Down   -2.55 (-0.12%)   Hero Honda Motors Ltd     3,266.35   Down   -41.85 (-1.27%)   Hindalco Industries Ltd     221.45   Down   -0.20 (-0.09%)   Hindustan Petroleum Corporation Ltd     270.05   Down   -3.05 (-1.12%)   Hindustan Unilever Ltd     1,744.25   Up   15.40 (0.89%)   Housing Development Finance Corporation Ltd     1,941.50   Down   -5.50 (-0.28%)   ICICI Bank Ltd     332.45   Up   7.55 (2.32%)   Indiabulls Housing Finance Ltd     1,291.05   Up   14.55 (1.14%)   Indian Oil Corporation Ltd     160.70   Up   0.05 (0.03%)   IndusInd Bank Ltd     1,997.60   Up   3.70 (0.19%)   Infosys Technologies Ltd     1,408.30   Down   -0.45 (-0.03%)   ITC Ltd     307.90   Up   1.95 (0.64%)   Kotak Mahindra Bank Ltd     1,293.00   Up   5.85 (0.45%)   Larsen & Toubro Ltd     1,253.25   Down   -15.80 (-1.25%)   Lupin Ltd     836.75   Up   24.80 (3.05%)   Mahindra & Mahindra Ltd     950.45   Down   -4.05 (-0.42%)   Maruti Suzuki India Ltd     9,132.60   Up   51.75 (0.57%)   NIFTY (S&P CNX)     11,435.10   Up   79.35 (0.70%)   NTPC Ltd     156.90   Down   -1.10 (-0.70%)   Oil & Natural Gas Corpn Ltd     166.25   Up   0.20 (0.12%)   Power Grid Corporation of India Ltd     187.90   Down   -0.10 (-0.05%)   Reliance Industries Ltd     1,210.60   Up   22.90 (1.93%)   State Bank of India     294.90   Up   0.75 (0.25%)   Sun Pharmaceuticals Industries Ltd     601.80   Up   37.90 (6.72%)   Tata Consultancy Services Ltd     2,003.55   Up   3.40 (0.17%)   Tata Motors Ltd     248.80   Up   0.10 (0.04%)   Tata Steel Ltd     578.95   Up   10.15 (1.78%)   Tech Mahindra Ltd     672.80   Up   12.85 (1.95%)   Titan Company Ltd     925.60   Up   11.95 (1.31%)   UltraTech Cement Ltd     4,299.10   Up   104.90 (2.50%)   UPL Ltd     610.45   Down   -14.95 (-2.39%)   Vedanta Ltd     215.10   Down   -1.20 (-0.55%)   Wipro Ltd     285.05   Up   3.20 (1.14%)   Yes Bank Ltd     382.50   Up   11.80 (3.18%)   Zee Entertainment Enterprises Ltd     513.95   Up   7.50 (1.48%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com