Open Date
11 Jul 2024
Close Date
15 Jul 2024
Listing Date
19 Jul 2024
Max Investment
₹1,44,000
Price Range
₹180 - ₹180
Lot Size
800
IPO Size
₹52.52Cr
Exchange Symbols
Sahaj Solar Ltd IPO
₹1,44,000
/ 800
Cutoff - Lot Size
IPO Dates and Timelines
IPO Size
IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
-
-
QIB Shares Offered
13,74,400
50.0%
NII (HNI) Shares Offered
4,12,800
15.0%
Retails Shares Offered
9,62,400
35.0%
Total Shares Offered
29,20,000
-
Total Shares with Anchor Investor
-
100%
IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
1
800
₹1,44,000
Retail (Max)
1
800
₹1,44,000
S-HNI (Min)
2
1600
₹2,88,000
S-HNI (Max)
6
4800
₹8,64,000
B-HNI (Min)
7
5600
₹10,08,000
IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
95.14%
69.85%
Public Group
4.86%
30.15%
IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
IPO Peers
IPO Strengths & Risks
Strength
Risks
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.
The Company had advanced a loan to a body corporate where the directors of the Company were interested, in the past, which may attract the penalties or regulatory actions.IPO Registrars
Limited
Sahaj Solar Ltd is a Solar Solutions providing company having experience of more one decade in majority of the verticals of renewable power generation. The Company is a manufacturing as well as a service provider company which gives it an edge in the solar power market. The Company is engaged in three businesses of PV Module manufacturing, providing solar pumping systems and providing EPC Services.
Contact Details
IPO Company Name:
Limited
Phone Number:
+91 079 6817 1800
Email ID:
Website:
https://sahajsolar.com
Address:
Ahmedabad, Gujarat
IPO Overview
: IPO Dates
The IPO opens for subscription on 11 Jul 2024, and closes on 15 Jul 2024. Investors will likely receive their allotment status updates on 16 Jul 2024. Those who get allotted shares can expect them credited to their Demat accounts by 18 Jul 2024. The shares will be officially listed on the stock exchange on 19 Jul 2024.
: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹180.0 and ₹180.0 per share.Investors can apply within this range. This book-building issue includes a fresh issue worth ₹52.56 crore and an offer for sale valued at ₹ - crore. The exact listing price will be revealed on 19 Jul 2024, which is when the shares start trading on the exchange.
: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately - crore.
How to Apply for IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for ?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 11 Jul 2024.
What is the close date of IPO?
- The closing date of IPO is 15 Jul 2024.
What is the issue size of IPO?
- The issue size of IPO is Rs Cr.
What is the lot size of IPO?
- The size per lot of IPO is 800.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 16 Jul 2024.
What is the listing date of IPO?
- IPO will get listed on .
Who is the registrar of IPO?
- The registrar of IPO is KFin Techologies Ltd .
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