Sahaj Solar Ltd. IPO — GMP ₹0

Important Dates

6/6 completed

Open

Allotment

Refund

Demat

Listing

Done

Open Date

11 Jul 2024

Thu Completed

Done

Close Date

15 Jul 2024

Mon Completed

Done

Allotment

16 Jul 2024

Tue Completed

Done

Refund

18 Jul 2024

Thu Completed

Done

Demat Credit

18 Jul 2024

Thu Completed

Done

Listing Date

19 Jul 2024

Fri Completed

UPI Deadline: 15 Jul 2024

Issue Details

Pricing & Size

Issue Price

₹180 Face ₹10

Lot Size

800 shares

Min Investment

₹144,000

Total Issue Size

29,20,000 shares (aggregating up to ₹52.52 Cr)

IPO Information

Issue Type

Bookbuilding IPO

Sale Type

Fresh Capital

Listing Exchange

NSE SME

Script / Ticker

Allocation Breakdown

Market Maker

1,46,400 (5.01%)

QIB Portion

13,74,400 (47.07%)

NII / HNI

4,12,800 (14.14%)

Retail

9,62,400 (32.96%)

Employee

Net Offer to Public

27,73,600 shares (aggregating up to ₹49.89 Cr)

Shareholding Pattern

Pre-Issue Shareholding

80,66,010 shares

Post-Issue Shareholding

1,09,86,010 shares

Application Size

Category	Min Lots	Shares	Amount
Retail (sNII)	1	800	₹1,44,000
HNI / NII	2	1,600	₹2,88,000

Objects of Issue

2 objectives

Working Capital Requirements of the Company; and

General Corporate Purposes.

Lead Managers & Market Maker

Book Running Lead Managers

Kunvarji Finstock Pvt.Ltd

Market Maker

Aftertrade Broking Pvt.Ltd

IPO Timeline

Open

11 Jul

✓ Done

15 Jul

✓ Done

Allotment

16 Jul

✓ Done

Listing

19 Jul

✓ Done

Registrar Details

Kfin Technologies Ltd.

SEBI Registered Registrar & Transfer Agent

Phone

04067162222, 04079611000

ssl.ipo@kfintech.com

Website

https://ipostatus.kfintech.com/

Check Allotment Status

Company Contact

Website

http://www.sahajsolar.com/

cs@sahajsolar.com

Phone

+91-079-68171800

Address

Office No. 301, Ashirvad Paras, Opp. Prahladnagar Garden, Satellite, Ahmedabad, Gujarat, 380051

Grey Market Premium

LIVE

Current GMP

+₹0

+0% vs Issue Price

Issue Price

₹180

Est. Listing

₹180

Lot Size

800 shares

P&L / Lot

+₹0

GMP is unofficial grey market data. Does not guarantee listing price or returns.

GMP Return Calculator

Issue Price (₹)

GMP (₹)

Lot Size

Number of Lots

Estimated Listing

GMP %

Investment (1 Lot)

Total Investment

Expected P&L

ROI

Sahaj Solar Ltd. LIVE

—

INR ·

—

vs Issue

—

Open

—

High

—

Low

—

Mkt Cap

—

P/E

—

52W H

—

52W L

—

Vol

—

Div

—

Yld

—

Loading chart…

Live Chart Not Available

Sahaj Solar Ltd. is not yet listed or data is unavailable.

Chart will appear after listing

| Price

Market Reference

IPO Issue Price

₹180

GMP

+₹0 (+0%)

GMP Est. Listing

₹180

Previous Close

—

Exchange

—

Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.

Category-wise Subscription

Category	Sub (×)	Offered	Bid For	Amt (Cr)*
QIB	—	13,74,400 (47.07%)	—	₹2,473.92 Cr
NII / HNI (Total)	—	4,12,800 (14.14%)	—	₹743.04 Cr
Retail Investors	—	9,62,400 (32.96%)	—	₹1,732.32 Cr
Total **	—	29,20,000 (100.00%)	—	₹52,560.00 Cr
Market Maker *	—	1,46,400 (5.01%)	—	₹26.35 Cr

* Based on ₹180.00 (upper price band)

NII / HNI Breakdown

Shares Reserved

QIB

13,74,400 (47.07%)

NII

4,12,800 (14.14%)

Retail

9,62,400 (32.96%)

Market Maker

1,46,400 (5.01%)

* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.

Financial Summary

Amount in ₹ Lakhs

Metric	31 Mar 2024	31 Mar 2023	31 Mar 2022
Revenue	20171.55	18580.48	6728.95
PAT	1337.29	648.37	102.50
EBITDA	—	—	—
Net Worth	3293.12	1637.30	1002.05
Total Assets	14936.40	9081.50	6103.22
Reserves	2496.78	859.22	479.99
Borrowings	5680.86	1361.97	1711.35

Key Financial Ratios

39.96%

ROE

Return on Equity

26.47%

ROCE

Return on Capital Employed

39.96%

RONW

Return on Net Worth

6.52%

PAT Margin

PAT / Revenue

4.41

P/BV

Price to Book Value

16.58

Pre EPS

EPS Pre-Issue

12.17

Post EPS

EPS Post-Issue

10.86

Pre P/E

P/E Pre-Issue

14.79

Post P/E

P/E Post-Issue

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 systems
Providing 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.

Frequently Asked Questions

What is the issue price of Sahaj Solar Ltd. IPO?

The issue price of Sahaj Solar Ltd. IPO is ₹180 per share, face value ₹10.

What is the lot size?

Minimum lot size is 800 shares, requiring ₹144,000.

What are the IPO dates?

Opens 11 Jul 2024, closes 15 Jul 2024.

When is the listing date?

Tentative listing: 19 Jul 2024 on NSE SME.

What is the current GMP?

Current GMP is +₹0, estimated listing ₹180 (+0%). GMP is unofficial.

How to apply?

Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Sahaj Solar Ltd. IPO · Expected 16 Jul 2024

Check on Registrar

Post-IPO Timeline

Allotment Date

16 Jul 2024

Refund Initiation

18 Jul 2024

Demat Credit

18 Jul 2024

Listing Date

19 Jul 2024

Live Price LIVE

—

Quick Facts

Closed

GMP Signal

Bullish

+₹0

+0%

Issue Price

₹180

Face ₹10

Lot Size

800

shares / lot

Min Amount

₹144,000

1 lot

Est. Listing

₹180

GMP +₹0

Key Dates

Open

11 Jul Done

15 Jul Done

Listing

19 Jul Done

Registrar

Kfin Technologies Ltd.