Sahaj Fashions Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

25 Aug 2023

Close Date

29 Aug 2023

Allotment

01 Sep 2023

Listing Date

06 Sep 2023

Exchange

NSE SME

Price Band

₹30

Listing Price

See chart

Allotment Status

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Price Band

₹30

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

46,52,000 shares (aggregating up to ₹13.96 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

86,92,160 shares

Promoters

Post-IPO Holding

1,31,68,160 shares

Promoters

UPI Deadline

2023-08-29

Mandate

Anchor AllotmentThu, 24 Aug 2023

Basis of AllotmentFri, 01 Sep 2023

Refund InitiationMon, 04 Sep 2023

Demat CreditTue, 05 Sep 2023

Listing DayWed, 06 Sep 2023

UPI Mandate Deadline2023-08-29

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public44,16,000 shares (aggregating up to ₹13.25 Cr)

Market Maker Quota2,36,000 shares (aggregating up to ₹0.7080 Cr)

Fresh Issue Shares42,40,000 shares (aggregating up to ₹12.72 Cr)

Offer for Sale1,76,000 shares of ₹10 (aggregating up to ₹0.5280 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Sahaj Fashions Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Aug 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	236,000	—	₹0.71
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,652,000	100%	₹13.96

IPO Shares Offered

Sahaj Fashions Ltd. IPO total issue size: ₹13.96 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	236,000	₹0.71	5.07%
Total	4,652,000	₹13.96	100.00%

* Based on upper price band ₹30 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹30.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹240,000
Retail (Max — 13 Lots)	13	52,000	₹1,560,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,680,000
B-HNI (Min — 68 Lots)	68	272,000	₹8,160,000

* Issue Price ₹30 × Lot Size 4,000 shares

IPO Schedule

Anchor

24 Aug 2023

✓ Done

IPO Open

25 Aug 2023

✓ Done

IPO Close

29 Aug 2023

✓ Done

Allotment

01 Sep 2023

✓ Done

Refunds

04 Sep 2023

✓ Done

Demat Credit

05 Sep 2023

✓ Done

Listing Day

06 Sep 2023

✓ Done

₹30.00

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Issue ₹30.00 Live Price

About Sahaj Fashions Ltd.

Incorporated in 2011, Sahaj Fashions Limited manufactures fabric for garment making, home furnishings, and industrial applications.The company manufactures cotton suiting fabric and cotton shirting fabric, polyester-based and cotton-polyster blended fabrics. It also manufactures cotton yarn-dyed fabrics which are its most in-demand product in the garment manufacturing industry.Sahaj's product list includes Piece Dyed Shirtings, Cotton Yarn Dyed Shirtings, Cotton yarn dyed Chambray, and Cotton fabric for Self Designed Shirting from count 40s to 100s in the Shirtings segment; Cotton Spandex Fabric, Cotton Suiting Fabric, Cotton Dobby Designs, and Cotton Power Lycra Fabrics in the Suitings segment; Slub Yarn Fabrics and Linen Fabrics in the Fancy Fabrics segment; and Cotton Duck Fabric, Cotton Drill Fabric, Cotton Twill Fabric, and Cotton Tusser Fabric in the Industrial Cloth segment.Sahaj Fashions' manufacturing unit is located on Kishangarh Bhilwara Express Highway i.e. NH 79, at village Srinagar District Ajmer.The company recorded Rs. 9,097.58 Lakhs in total revenue for the financial periods ending February 28, 2023.

Objects of the Issue

Working Capital Requirement

Prepayment/repayment of certain secured borrowings availed by our Company

General Corporate Purpose

Sahaj Fashions Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹7,475.5

31 Mar 2021

₹8,698.4

31 Mar 2022

₹9,101.1

28 Feb 2023

Profit After Tax (PAT)

₹31.9

31 Mar 2021

₹42.6

31 Mar 2022

₹288.7

28 Feb 2023

Particulars	28 Feb 2023	31 Mar 2022	31 Mar 2021
Revenue from Operations	9101.07	8698.36	7475.54
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	288.71	42.64	31.90
Net Worth	1724.07	1435.78	1393.53
Total Assets	7179.34	6998.59	6711.73
Reserves & Surplus	982.85	694.56	652.32
Borrowings	1519.24	1795.46	1608.65
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered46,52,000 (100.00%)

Net Offer to Public44,16,000 shares (aggregating up to ₹13.25 Cr)

Reserved for Market Maker2,36,000 shares (aggregating up to ₹0.7080 Cr)

Pre-Issue Promoter Holding86,92,160 shares

Post-Issue Promoter Holding1,31,68,160 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Khambatta Securities Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Sahaj Fashions Ltd. IPO subscribed? ▲

Sahaj Fashions Ltd. IPO is subscribed 1.00 times by Aug 29, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Sahaj Fashions Ltd. IPO retail subscription status? ▼

The Sahaj Fashions Ltd. IPO retail category is subscribed 1.00 times as of 29 Aug 2023. The retail portion is oversubscribed.

How to subscribe Sahaj Fashions Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 25 Aug 2023 and closes 29 Aug 2023. Min investment: ₹120,000 (1 lot = 4,000 shares). UPI mandate: 2023-08-29.

How many times Sahaj Fashions Ltd. IPO subscribed? ▼

The Sahaj Fashions Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sahaj Fashions Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Sep 2023. Refunds: on 04 Sep 2023.

When Sahaj Fashions Ltd. IPO will be listed? ▼

The Sahaj Fashions Ltd. IPO listing date is 06 Sep 2023, Wednesday. Listed on: NSE SME. Issue price: ₹30. Estimated listing: ₹30. GMP: NIL.

When Sahaj Fashions Ltd. IPO close? ▼

The Sahaj Fashions Ltd. IPO closes on 29 Aug 2023, Tuesday. UPI mandate: 2023-08-29. Allotment: 01 Sep 2023. Listing: 06 Sep 2023.

Quick Actions

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Live Price LIVE

Last Price₹30.00

Change—

Issue Price₹30.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹30

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹30

Subscribed1.00x

Open Date25 Aug 2023

Close Date29 Aug 2023

Allotment01 Sep 2023

Listing Date06 Sep 2023

ExchangeNSE SME

UPI Deadline2023-08-29