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Sahaj Solar Ltd.

Sahaj Solar Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹180
₹180
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹180
Based on GMP
Min. Investment
₹144,000
1 lot × 800 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
11 Jul 2024
Close Date
15 Jul 2024
Allotment
16 Jul 2024
Listing Date
19 Jul 2024
Exchange
NSE SME
Price Band
₹180
Listing Price
See chart
Allotment Status
Price Band
₹180
Per share
Face Value
₹10 per share
 
Lot Size
800 Shares
per lot
Issue Size
29,20,000 shares (aggregating up to ₹52.52 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹144,000
1 lot
Pre-IPO Holding
80,66,010 shares
Promoters
Post-IPO Holding
1,09,86,010 shares
Promoters
P/E (Pre)
10.86x
 
P/E (Post)
14.79x
 
EPS (Pre)
₹16.58
 
EPS (Post)
₹12.17
 
UPI Deadline
2024-07-15
Mandate
Anchor AllotmentWed, 10 Jul 2024
Basis of AllotmentTue, 16 Jul 2024
Refund InitiationThu, 18 Jul 2024
Demat CreditThu, 18 Jul 2024
Listing DayFri, 19 Jul 2024
UPI Mandate Deadline2024-07-15
Sale TypeFresh Capital
Net Offer to Public27,73,600 shares (aggregating up to ₹49.89 Cr)
Market Maker Quota1,46,400 shares (aggregating up to ₹2.64 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Sahaj Solar Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 15 Jul 2024.
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
146,400
₹2.64
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,920,000
100% ₹52.56
IPO Shares Offered
Sahaj Solar Ltd. IPO total issue size: ₹52.56 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 146,400 ₹2.64
5.01%
Total 2,920,000 ₹52.56
100.00%
* Based on upper price band ₹180 per share
Lot Size & Investment
Lot Size
800
Shares per Lot
Issue Price
₹180.00
Upper Band
Min Investment
₹144,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,600₹288,000
Retail (Max — 13 Lots)1310,400₹1,872,000
S-HNI (Min — 14 Lots)1411,200₹2,016,000
B-HNI (Min — 68 Lots)6854,400₹9,792,000
* Issue Price ₹180 × Lot Size 800 shares
IPO Schedule
Anchor
10 Jul 2024
✓ Done
IPO Open
11 Jul 2024
✓ Done
IPO Close
15 Jul 2024
✓ Done
Allotment
16 Jul 2024
✓ Done
Refunds
18 Jul 2024
✓ Done
Demat Credit
18 Jul 2024
✓ Done
Listing Day
19 Jul 2024
✓ Done
Sahaj Solar Ltd. — Live Price LIVE
₹180.00
INR · NSE
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Issue ₹180.00 Live Price
About Sahaj Solar Ltd.
Sahaj Solar Limited was founded in 2010 and is a provider of renewable energy solutions.The company has three business units:PV module manufacturing: The company's PV module manufacturing facility is located at Bavla, Ahmedabad, Gujarat. It is spread over an area of 2,883.77 square metres and has a building of 2445.5 square metres comprising both factory and office space. The plant has a capacity of 100 MW. The company's automated manufacturing facility offers mono and polycrystalline PV modules for various solar projects in India and abroad. The facility also manufactures a mono PERC (Passivated Emitter and Rear Contact) module.Provision of solar water pumping systemsProviding EPC services to PAN India customers: This includes design, supply, installation, testing, commissioning and maintenance of projects of all sizes, from a simple domestic solar system to a large solar power plant set-up.As of September 30, 2023, the company employed over 64 people in the areas of administration, accounting and finance, human resources, projects, procurement, operations manager, sales and marketing, production and operations, and top management.
Objects of the Issue
1
Working Capital Requirements of the Company; and
2
General Corporate Purposes.
Sahaj Solar Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹6,729.0
31 Mar 2022
₹18,580.5
31 Mar 2023
₹20,171.6
31 Mar 2024
Profit After Tax (PAT)
₹102.5
31 Mar 2022
₹648.4
31 Mar 2023
₹1,337.3
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 20171.55 18580.48 6728.95
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1337.29 648.37 102.50
Net Worth 3293.12 1637.30 1002.05
Total Assets 14936.40 9081.50 6103.22
Reserves & Surplus 2496.78 859.22 479.99
Borrowings 5680.86 1361.97 1711.35
EBITDA Margin (%) N/A
PAT Margin (%) 6.52%
P/BV Ratio
4.41
RoE
39.96%
RoCE
26.47%
RoNW
39.96%
PAT Margin
6.52%
Issue Structure & Shareholding
Total Shares Offered29,20,000 (100.00%)
Net Offer to Public27,73,600 shares (aggregating up to ₹49.89 Cr)
Reserved for Market Maker1,46,400 shares (aggregating up to ₹2.64 Cr)
Pre-Issue Promoter Holding80,66,010 shares
Post-Issue Promoter Holding1,09,86,010 shares
P/BV Ratio4.41
RoE39.96%
RoCE26.47%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Kunvarji Finstock Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Sahaj Solar Ltd. IPO subscribed?

Sahaj Solar Ltd. IPO is subscribed 1.00 times by Jul 15, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Sahaj Solar Ltd. IPO retail subscription status?

The Sahaj Solar Ltd. IPO retail category is subscribed 1.00 times as of 15 Jul 2024. The retail portion is oversubscribed.

How to subscribe Sahaj Solar Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 11 Jul 2024 and closes 15 Jul 2024. Min investment: ₹144,000 (1 lot = 800 shares). UPI mandate: 2024-07-15.

How many times Sahaj Solar Ltd. IPO subscribed?

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

How to check Sahaj Solar Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Jul 2024. Refunds: on 18 Jul 2024.

When Sahaj Solar Ltd. IPO will be listed?

The Sahaj Solar Ltd. IPO listing date is 19 Jul 2024, Friday. Listed on: NSE SME. Issue price: ₹180. Estimated listing: ₹180. GMP: NIL.

When Sahaj Solar Ltd. IPO close?

The Sahaj Solar Ltd. IPO closes on 15 Jul 2024, Monday. UPI mandate: 2024-07-15. Allotment: 16 Jul 2024. Listing: 19 Jul 2024.