Sahaj Solar Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 10-07-2024 | 14-07-2024 | 10 per share | 180 | 800 shares | NSE SME | 2,920,000 shares (aggregating up to ₹52.56 Cr) | 2024-07-15 18:30:00 | 2024-07-17 18:30:00 | 2024-07-17 18:30:00 | 18-07-2024 |
About The Company
Sahaj Solar IPO is a book built issue of Rs 52.56 crores. The issue is entirely a fresh issue of 29.2 lakh shares.
Sahaj Solar IPO opens for subscription on July 11, 2024 and closes on July 15, 2024. The allotment for the Sahaj Solar IPO is expected to be finalized on Tuesday, July 16, 2024. Sahaj Solar IPO will list on NSE SME with tentative listing date fixed as Friday, July 19, 2024.
Sahaj Solar IPO price band is set at ₹171 to ₹180 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹288,000.
Sahaj Solar IPO is a book built issue of Rs 52.56 crores. The issue is entirely a fresh issue of 29.2 lakh shares.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2024 | 14936 | 20172 | 1337 | 3293.12 | 2496.78 | 5680.86 |
| 30-03-2023 | 9082 | 18580 | 648 | 1637.3 | 859.22 | 859.22 |
| 30-03-2022 | 6103 | 6103 | 103 | 1002.05 | 479.99 | 1711.35 |
| 30-03-2021 | 3464 | 6219 | 6219 | 922.01 | 405.4 | 405.4 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 214.27 |
| Non-Institutional Buyers | 862.09 |
| Retail Investors | 534.26 |
| Total | 506.77 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | 144000 |
| Retail (Max) | 1 | 800 | 144000 |
| HNI (Min) | 2 | 1600 | 288000 |
IPO Listing Details
| Listing Date | 18-07-2024 |
| BSE Script Code | - |
| NSE Symbol | SAHAJSOLAR |
| ISIN | INE0P4701011 |
| Final Issue Price | 180 |
Promoter holdings
Pramit Bharatkumar Brahmbhatt, Varna Pramit Brahmbhatt, and Manan Bharatkumar Brahmbhatt are the company's promoters.
Contact Information of the Company
Sahaj Solar Limited
Office No. 301, Ashirvad Paras,
Opp. Prahladnagar Garden,
Satellite, Ahmedabad - 380051
Phone: +91-079-68171800
Email: cs@sahajsolar.com
Website: http://www.sahajsolar.com/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ssl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
Kunvarji Finstock Pvt Ltd (Past IPO Performance)