Ahasolar Technologies Ltd. has announced public offering of 818400 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 147.00 per share. The gross proceeds of the issue are expected to be Rs 1,284.89 lakhs.

The company's initial public offer (IPO) will open on 10 July 2023 and is expected to close on 13 July 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 818400 Equity Shares of the Company at an price of Rs 157.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 800 shares with bids in multiples of 800.

Ahasolar Technologies Ltd. anticipates using the proceeds of the issue for .

Beeline Capital Advisors Pvt. Ltd. as lead manager & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.