AccelerateBS India IPO vs Ahasolar Technologies IPO

Comparision between AccelerateBS India IPO and Ahasolar Technologies IPO.

IPO Details

AccelerateBS India IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Ahasolar Technologies IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	AccelerateBS India IPO	Ahasolar Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Shreni Shares Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Shreni Shares Limited	Sunflower Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of AccelerateBS India IPO is up to ₹5.69 Cr whereas the issue size of the Ahasolar Technologies IPO is up to ₹12.85 Cr. The final issue price of AccelerateBS India IPO is ₹90.00 per share and of Ahasolar Technologies IPO is ₹157.00 per share.

	AccelerateBS India IPO	Ahasolar Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹90.00 per share	₹157.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	800 shares
Fresh Issue Size	1,88,800 shares	8,18,400 shares
Fresh Issue Size (Amount)	up to ₹1.70 Cr	up to ₹12.85 Cr
OFS Issue Size	4,43,200 shares
OFS Issue Size (Amount)	up to ₹3.99 Cr
Issue Size Total	6,32,000 shares	8,18,400 shares
Issue Size Total (Amount)	up to ₹5.69 Cr	up to ₹12.85 Cr

IPO Timetable

AccelerateBS India IPO opens on Jul 06, 2023, while Ahasolar Technologies IPO opens on Jul 10, 2023. The closing date of AccelerateBS India IPO and Ahasolar Technologies IPO is Jul 11, 2023, and Jul 13, 2023, respectively.

	AccelerateBS India IPO	Ahasolar Technologies IPO
Anchor Bid Date
Issue Open	Jul 06, 2023	Jul 10, 2023
Issue Close	Jul 11, 2023	Jul 13, 2023
Basis Of Allotment (Tentative)	Jul 14, 2023	Jul 18, 2023
Initiation of Refunds (Tentative)	Jul 17, 2023	Jul 19, 2023
Credit of Share (Tentative)	Jul 18, 2023	Jul 20, 2023
Listing date (Tentative)	Jul 19, 2023	Jul 21, 2023
Anchor Lockin End date 1	Aug 13, 2023	Aug 17, 2023
Anchor Lockin End date 2	Oct 12, 2023	Oct 16, 2023

Financials

AccelerateBS India IPO P/E ratio is 27.27, as compared to Ahasolar Technologies IPO P/E ratio of 27.45.

AccelerateBS India IPO

Ahasolar Technologies IPO

Financial

AccelerateBS India Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	125.10	493.35	68.35	53.05
31-Mar-21	180.95	451.92	42.53	102.46	24.00
31-Mar-22	200.65	355.69	25.91	111.03	45.34
31-Jan-23	283.25	164.92	26.22	205.42	33.82
Amount in ₹ Lakhs

Ahasolar Technologies Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	138.63	128.70	2.07	2.16	1.16	23.04
31-Mar-21	85.47	187.73	7.91	10.08	9.08	24.24
31-Mar-22	237.37	1,714.64	68.63	78.71	77.71	58.18
31-Mar-23	525.56	2,105.16	176.38	405.07	178.69	0.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

50.31%

Promoter Shareholding (Post-Issue)

70.59%

36.95%

P/E Ratio

27.27

27.45

Market Cap

₹19.34 Cr.

₹48.39 Cr.

ROE

15.80%%

72.92%%

ROCE

19.44%%

63.53%%

Debt/Equity

0.16

EPS

₹1.38

₹7.94

RoNW

12.77%%

43.54%%

Shares Offered

In the AccelerateBS India IPO retail investors (RII) are offered 2,99,200 shares while in Ahasolar Technologies IPO retail investors are offered 2,99,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in AccelerateBS India IPO and 0 shares in Ahasolar Technologies IPO.

	AccelerateBS India IPO	Ahasolar Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration	33,600 shares	42,400 shares
QIB	0 shares	0 shares
NII	2,99,200 shares	3,88,000 shares
RII	2,99,200 shares	3,88,000 shares
Employee	0 shares	0 shares
Others
Total	5,98,400 shares	7,76,000 shares

Bids Received (Subscription)

AccelerateBS India IPO subscribed 49.19x in total, whereas Ahasolar Technologies IPO subscribed 34.79x.

	AccelerateBS India IPO	Ahasolar Technologies IPO
QIB (times)
NII (times)	39.25x	23.37x
Big NII (times)
Small NII (times)
RII (times)	59.11x	46.18x
Employee (times)
Other (times)
Total (times)	49.19x	34.79x

Compare with others

AccelerateBS India IPO	Ahasolar Technologies IPO
Srivari Spices and Foods IPO	Committed Cargo Care IPO
Asarfi Hospital IPO	Khazanchi Jewellers IPO
Service Care IPO	Srivari Spices and Foods IPO
Ahasolar Technologies IPO	Asarfi Hospital IPO
Drone Destination IPO	Service Care IPO
Synoptics Technologies IPO	Drone Destination IPO
Alphalogic Industries IPO	AccelerateBS India IPO
Global Pet Industries IPO	Synoptics Technologies IPO
Tridhya Tech IPO	Alphalogic Industries IPO
Magson IPO	Global Pet Industries IPO

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