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Sahaj Solar Limited IPO (Sahaj Solar IPO ) Details

Sahaj Solar Limited

Sahaj Solar IPO 's overview

Sahaj Solar IPO is a book built issue of ₹52.56 Cr (52,56,00,000). The issue includes a fresh issue of 29.20 Lakh (29,20,000) shares aggregating to ₹52.56 Cr (52,56,00,000).

Sahaj Solar IPO bidding started from Jul 11, 2024 and ended on Jul 15, 2024. The allotment for Sahaj Solar IPO was finalized on Jul 16, 2024. The shares got listed on NSE on Jul 19, 2024.

Sahaj Solar IPO price band is set at ₹171 to ₹180 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹1.37 Lakh (1,36,800).

Refer to Sahaj Solar IPO RHP for detailed information.

  • IPO date

    Jul 11,2024 - Jul 15,2024

  • Listing Date

    Jul 19,2024

  • Face value

    10

  • Price Band

    171 to ₹180 per share

  • Lot

    800 Shares

  • Total Issue Size

    29.20 Lakh (29,20,000)

    aggregating up to 52.56 Cr (52,56,00,000)

  • Fresh Issue

    29.20 Lakh (29,20,000)

    aggregating up to ₹52.56 Cr (52,56,00,000)

  • Issue Type

    Book Building

  • IPO Type

    SME
  • Listing At

    NSE

  • Thu, Jul 11, 2024

    IPO Open

  • Mon, Jul 15, 2024

    IPO Close

  • Tue, Jul 16, 2024

    Basis of Allotment

  • Thu, Jul 18, 2024

    Initiation of Refunds

  • Thu, Jul 18, 2024

    Credit of Shares to Demat

  • Fri, Jul 19, 2024

    Listing

Sahaj Solar IPO Day-wise IPO GMP Trend

Sahaj Solar IPO last GMP is ₹250, last updated Jul 18,2024. With the price band of 180.00, Sahaj Solar IPO 's estimated listing price is ₹430 (cap price + today's GMP).The expected percentage gain/loss per share is 138.89%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
18-Jul-24180.00250
430(138.89%)18-Jul-2024 16:26
17-Jul-24180.00250
430(138.89%)17-Jul-2024 23:29
16-Jul-24180.00240
420(133.33%)16-Jul-2024 23:32
15-Jul-24180.00240
420(133.33%)15-Jul-2024 23:32
14-Jul-24180.00240
420(133.33%)14-Jul-2024 23:25
13-Jul-24180.00240
420(133.33%)13-Jul-2024 23:29
12-Jul-24180.00222
402(123.33%)12-Jul-2024 23:23
11-Jul-24180.00185
365(102.78%)11-Jul-2024 23:23
10-Jul-24180.00164
344(91.11%)10-Jul-2024 23:24
09-Jul-24180.00145
325(80.56%)9-Jul-2024 23:27
08-Jul-24180.00145
325(80.56%)8-Jul-2024 23:23
07-Jul-24180.00100
280(55.56%)7-Jul-2024 23:31
06-Jul-24180.000
180(0.00%)6-Jul-2024 23:30
05-Jul-24180.000
180(0.00%)5-Jul-2024 23:32

Sahaj Solar IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

18001.44 Lakh (1,44,000)

Retail(Max)

18001.44 Lakh (1,44,000)

HNI(Min)

21,6002.88 Lakh (2,88,000)

Sahaj Solar IPO Reservation

Investor CategoryShares Offered
Offered to QIB5.50 Lakh (5,50,400)
Offered to NII4.13 Lakh (4,12,800)
Offered to RII9.62 Lakh (9,62,400)
Offered to Anchor Investor8.24 Lakh (8,24,000)

About Sahaj Solar Limited

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.

Sahaj Solar IPO 's documents

Sahaj Solar Limited Contact Details

Sahaj Solar Limited Office No. 301, Ashirvad Paras, Opp. Prahladnagar Garden, Satellite, Ahmedabad - 380051 Phone: +91-079-68171800 Email: [email protected] Website: http://www.sahajsolar.com/

Sahaj Solar IPO 's Promoters

Pramit Bharatkumar Brahmbhatt, Varna Pramit Brahmbhatt, and Manan Bharatkumar Brahmbhatt are the company's promoters.