Sahaj Solar Ltd. IPO

Q: What is the size of Sahaj Solar Ltd. IPO?

The size of the Sahaj Solar Ltd. IPO is &#8377;52.56 Cr.

Q: What is the price range of Sahaj Solar Ltd. IPO?

The price range of Sahaj Solar Ltd. IPO is at &#8377;171 to &#8377;180 per share.

Q: What is the minimum investment and lot size required for the Sahaj Solar Ltd. IPO?

The minimum investment required is &#8377;1,44,000 and minimum lot size is 800 shares.

Q: What is the objective of Sahaj Solar Ltd. IPO?

1. Working Capital Requirement{BREAK}2. General Corporate Purpose

Sahaj Solar Ltd., established in 2010, operates in the Power - Generation/Distribution sector. The company's IPO opened on July 11, 2024 and closed on July 15, 2024, with an issue price of ₹180. The ... Read more

Min Investment

₹ 1,44,000 / 800 shares

Price Range

₹171 - ₹ 180

Bidding Dates

11 Jul '24 - 15 Jul '24

Total Issue Value

52.56 Cr

Lot Size

800

Total Issue Size

52.56 Cr

Listing At

NSE SME

Subscription

474.24 times

NSE Price

514.80 (186%)

IPO Timeline

11 Jul 2024

Bidding Starts
15 Jul 2024

Bidding Ends
16 Jul 2024

Allotment Finalization
19 Jul 2024

Listing

About Sahaj Solar Ltd.

Our company is a Solar Solutions providing company having experience of more one decade in majority of the verticals of renewable power generation. We are a manufacturing as well as a service provider company which gives us an edge in the solar power market. We are engaged in three businesses of ... Read more

Parent organisation

Founded

Sahaj Solar Ltd.

2010

Sahaj Solar Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	8,24,640 (28.24%)
Employee Reserved	24,000 (0.82%)
Market Makers	1,46,400 (5.01%)
Non Institutional Investors	4,12,800 (14.14%)
Qualified Institutional Buyers (QIBs)	5,49,760 (18.83%)
Retail Individual Investors (RIIs)	9,62,400 (32.96%)

Sahaj Solar Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	179.76 Cr	12.26 Cr	23.26 Cr
31 Mar 2023	183.69 Cr	5.81 Cr	7.93 Cr
31 Mar 2022	66.39 Cr	1.02 Cr	4.80 Cr

Sahaj Solar Ltd. Background

Major Events And Milestones

2014

Acquisition of Company by Mr. Pramit Bharatkumar Brahmbhatt & Varna Pramit Brahmbhatt – existing promoters.
2015

Shifted business operations to Ahmedabad, Gujarat.
2018

Received Factory License for manufacturing unit of the company located at Plot No.93, D4, Gallops Industrial Park, Rajoda, Bavla, Ahmedabad-382220, Gujarat, India (Registration No. - 8704/25999/2018).
2022

Registered with Bureau of Indian Standards for manufacturing Crystalline Silicon Terrestrial Photovoltaic (PV) Module, bearing certificate no. R-72005630.
Received certificate for conforming to the requirements of Quality Management Standard ISO 9001:2015 for design and manufacturing of Solar Modules, Solar Rooftop, Grid Tied Solar Power Pack, Solar Water Pump, Solar Street Light and other Solar PV based Products (Certificate number ICIQM-2208027).
Received certificate for Environmental Management System for compliance with the requirements of ISO 14001:2015 in which the management system includes design and manufacturing of Solar Modules, Solar Rooftop, Grid Tied Solar Power Pack, Solar Water Pump, Solar Street Light and other Solar PV based Products (Certificate no.- ICI-EM-2208028).
Received certificate for Occupational Health & Safety Management System for compliance with the requirements of ISO 45001:2018 in which the management system includes design and manufacturing of Solar Modules, Solar Rooftop, Grid Tied Solar Power Pack, Solar Water Pump, Solar Street Light and other Solar PV based Products (Certificate no.- ICI-OS-2208029).
2023

Conversion into public limited company and change of name.

Sahaj Solar Ltd. Object of Issues

1. Working Capital Requirement
2. General Corporate Purpose

Sahaj Solar Ltd. IPO Listing Details

Listing Date

19 Jul 2024

NSE Symbol

SAHAJ

ISIN

INE0P4701011

Final Issue Price

₹ 180

Sahaj Solar Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	-	₹ 180.00
Open	-	₹ 342.00
Low	-	₹ 342.00
High	-	₹ 359.10
Last Trade	-	₹ 359.10

Sahaj Solar Ltd. Company Promoters

1. Pramit Bharatkumar Brahmbhatt
2. Varna Pramit Brahmbhatt
3. Manan Bharatkumar Brahmbhatt

Industry Overview

2022 has been an eventful year for the Indian solar industry. India added around 14 GW8 of solar capacity in 2022, making it the year with the highest annual capacity addition. At the end of December 2022, India’s cumulative solar installations stood at 63.5 GW, making India the ... Read more

Sahaj Solar Ltd. Contact Details

Address: Office No. 301, Ashirvad Paras, Opp Prahladnagar Garden, Satellite, Ahmedabad Gujarat - 380051
Phone no:68171800

Email: [email protected]

68171800

Visit Website

Sahaj Solar Ltd. IPO Registrar

KFin Technologies Ltd.

Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally Hyderabad Telangana - 500032

67162222

Sahaj Solar Ltd. IPO Lead Manager(s)

Kunvarji Finstock Pvt. Ltd.

Block B, First Floor, Siddhi Vinayak Towers, Off S. G. Highway Road, Mouje Makarba, Ahmedabad Gujarat - 380051

69850000, 66669000

FAQs

When does Sahaj Solar Ltd. IPO opens and closes?

Sahaj Solar Ltd. IPO opens from 11th July to 15th July 2024.

What is the size of Sahaj Solar Ltd. IPO?

The size of the Sahaj Solar Ltd. IPO is ₹52.56 Cr.

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

The price range of Sahaj Solar Ltd. IPO is at ₹171 to ₹180 per share.

What is the minimum investment and lot size required for the Sahaj Solar Ltd. IPO?

The minimum investment required is ₹1,44,000 and minimum lot size is 800 shares.

When is Sahaj Solar Ltd. IPO listing date?

The Sahaj Solar Ltd. IPO will be listed on 19th July 2024.

What is the objective of Sahaj Solar Ltd. IPO?

1. Working Capital Requirement
2. General Corporate Purpose

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