Sahaj Solar Ltd IPO
Price Range
₹171 - ₹180
-
Min. Quantity
800 Shares
Closes on
July 15, 2024
-
Min. investment
₹1,44,000
Sahaj Solar Ltd IPO Timeline
| Event | Date |
|---|---|
| Sahaj Solar Ltd IPO Opening Date | July 11, 2024 |
| Sahaj Solar Ltd IPO Closing Date | July 15, 2024 |
| Basis of Allotment | July 16, 2024 |
| Initiation of Refunds | July 18, 2024 |
| Credit of Shares to Demat | July 18, 2024 |
| Sahaj Solar Ltd IPO Listing Date | July 19, 2024 |
Sahaj Solar Ltd IPO Details
| Sahaj Solar Ltd IPO Date | July 11, 2024 to July 15, 2024 |
| Sahaj Solar Ltd IPO Face Value | ₹10 per share |
| Sahaj Solar Ltd IPO Price | ₹171 to ₹180 per share |
| Sahaj Solar Ltd IPO Lot Size | 800 |
| Issue Size | Shares of ₹10 (aggregating up to ₹52.52 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹52.56 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Pramit Bharatkumar Brahmbhatt, Varna Pramit Brahmbhatt, Manan Bharatkumar Brahmbhatt |
Sahaj Solar Ltd IPO Lot Size
The Sahaj Solar Ltd IPO lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹1,44,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 800 | ₹1,44,000 |
| Maximum | 1 | 800 | ₹1,44,000 |
- Strengths
- Risks
- Opportunities
- Well positioned solar PV module manufacturer in India to capture industry tailwinds and growth prospects for solar energy in India.
- Diversified base of customers with a large order book.
- Advanced manufacturing facilities with global accreditations.
- Extensive pan-India retail network.
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Well versed and equipped with advance technology.
- Quality Assurance & Control.
Company Financials
Sahaj Solar Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 298.28 | 308.22 | 25.80 |
| 03-2024 | 143.67 | 179.76 | 12.26 |
| 03-2023 | 87.42 | 183.69 | 5.81 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working capital requirements of the company
- General corporate purposes
Sahaj Solar Ltd IPO Promoter Holding
| Pre Issue Share Holding | 77.43% |
| Post Issue Share Holding | 56.85% |
Sahaj Solar Ltd IPO Subscription Status (Bidding Detail)
The Sahaj Solar Ltd IPO is subscribed 0 times on July 15, 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Sahaj Solar Ltd IPO Prospectus
Sahaj Solar Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0P4701011 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Office # 301 Ashirvad Paras OpPrahladnagar Garden Satellite,Ahmedabad-380051
Phone: +91 079 6817 1800
Email: cs@sahajsolar.com
Website: https://sahajsolar.com
Sahaj Solar Ltd IPO Registrar
Sahaj Solar Ltd IPO Lead Manager(s)
- Kunvarji Finstock Pvt Ltd
How to Check the Allotment Status of Sahaj Solar Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Sahaj Solar Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Sahaj Solar Ltd IPO
Sahaj Solar Limited was originally incorporated as Sahaj Solar Private Limited' on February 26, 2010 with the Registrar of Companies, Gujarat Dadra & Nagar Haveli. Promoted by Mr. Rajnibhai Radadiya and Mr. Sandipbhai Radadiya, on September 25, 2014, the existing promoters, Mr. Pramit Brahmbhatt and Mrs. Varna Brahmbhatt acquired the Company, and further got it converted into a Public Limited Company with the change in name of Company to 'Sahaj Solar Limited' and received a Fresh Certificate of Incorporation dated April 18, 2023 issued by the Registrar of Companies, Ahmedabad.
IPOs for Subscription
IPOs Articles
Sai Parenteral's Ltd IPO Day 4 Subscription Status
March 27, 2026 | 3 mins read
Sai Parenteral's Ltd is launching its IPO on 24 Mar 26. Check here the Day 4 IPO subscription status on m.Stock.
Powerica Ltd IPO Day 4 Subscription Status
March 27, 2026 | 3 mins read
Powerica Ltd is launching its IPO on 24 Mar 26. Check here the Day 4 IPO subscription status on m.Stock.