Sahaj Solar IPO will be Open on July 11, 2024, and close on July 15, 2024. The company has fixed the price of this IPO at ₹180 according to the face value of ₹10. The company will raise ₹52.56 Crores through this IPO under the 2,920,000 Equity Shares public issue, and the offer is 100% Book Built Issue. The company reserve quota in this IPO is 50% for QIB, 15% for NII, and 35% for Retail investors. You can check Sahaj Solar IPO GMP here.
Sahaj Solar Limited, a renewable energy solution provider, is engaged majorly in three major businesses manufacturing PV modules, providing solar water pumping systems, and providing EPC services to our PAN India customers. The company engaged in three businesses PV Module manufacturing, providing solar pumping systems, and providing EPC Services. You can check Sahaj Solar IPO Allotment Status here.
The company has a PV module manufacturing plant having a capacity of 100 MW at our plant in Bavla, Ahmedabad, Gujarat, India on land admeasuring approximately 2,883.77 square meters; having a construction of 2445.5 square meters comprising of factory as well as office premises enabling the company to deliver quality and affordable solar panels to its customers. You can check Sahaj Solar IPO subscription status here.
Objects Of The Issue :
- Working Capital Requirements of our Company.
- General Corporate Purposes.
Company Strengths :
- 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 advanced technology.
- Quality Assurance & Control.
| Read also: Upcoming IPO List 2024 |
Sahaj Solar IPO Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹13.37 Cr ₹180 /EQ 16.70 10.78x 39.96% 39.96 % 26.47 % 1.72 ₹40.83 ₹149.36 Cr ₹197.75 Cr 97.09 % 71.28 % |
| Team Review : | ✔ Apply For Long Term |
👉 Sahaj Solar IPO Show Review ….👈
- ■ The company engaged in the manufacturing of PV modules, solar water pumping systems and EPC services related to renewable energy.
- ■ The company top line & bottom line posted strong reported.
- ■ The PE ratio of the company is very attractive.
- ■ The company Issue price is Based on FY24 super earnings, the issue appears fully priced.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
Sahaj Solar IPO, Price Band & Details :
| Issue Type : | Book Built Issue |
| IPO Open : | July 11, 2024 |
| IPO Close : | July 15, 2024 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹171-₹180 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹52.56 Cr {2,920,000 Shares} |
| Fresh Issue : | ₹52.56 Cr {2,920,000 Shares} |
| EMP Discount : | ₹15 Per Shares |
Sahaj Solar IPO Market Lot :
Sahaj Solar IPO Minimum Market lot is 1 Lot with 800 shares with ₹144,000 Application amount. The retail investors can apply for up to 2 lots with 1600 Shares or ₹288,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 800 | ₹144,000 |
| Retail (Max) : | 1 | 800 | ₹144,000 |
| S-HNI (Min) : | 2 | 1600 | ₹288,000 |
Sahaj Solar IPO Net Reservation :
Sahaj Solar IPO Net Reservation of 29,20,000 shares is to be bid for the public issue by Sahaj Solar IPO with 13,74,400 for QIB 4,12,800 for NII 9,62,400 For RII.
| Category | Reservation | Shares | Amount Cr |
| QIB : | 47.07% | 13,74,400 | ₹24.74 |
| NII : | 14.14% | 4,12,800 | ₹7.43 |
| RII : | 32.96% | 9,62,400 | ₹17.32 |
| MMRP : | 5.01% | 1,46,400 | ₹2.64 |
| EMP : | 0.82% | 24,000 | ₹0.43 |
| Total : | 100% | 29,20,000 | ₹52.56 |
Sahaj Solar IPO EPS & RoNW :
The Sahaj Solar company’s EPS & RoNW growth increased last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2024 | ₹16.70 | 39.96 | ₹40.83 |
| 2023 | ₹8.11 | 38.78 | ₹20.91 |
| 2022 | ₹1.30 | 10.21 | ₹- |
Sahaj Solar IPO Peer Comparison PE :
The Sahaj Solar, According to RHP of the company is listed whose PE Multiple is shown in this table.
| Company | PE Ratio |
| Shakti Pumps | 17.34 |
| Zodiac Energy | 51.62 |
| Solex Energy | 74.18 |
Sahaj Solar IPO Dates :
Sahaj Solar IPO Date is July 11, 2024, and closes on July 15, 2024. The allotment will be finalized on July 16, 2024, and the IPO may list on July 19, 2024.
| Issue Open Date : | July 11, 2024 |
| Issue Close Date : | July 15, 2024 |
| Allotment Date : | July 16, 2024 |
| Refund Date : | July 18, 2024 |
| Share Credit Date : | July 18, 2024 |
| Listing Date : | July 19, 2024 |
Sahaj Solar IPO Form :
There are two ways to apply for Sahaj Solar IPO. You can apply for Sahaj Solar IPO through ASBA available in your bank account. You have to go to your online bank login select Sahaj Solar IPO in the Invest section and apply through your bank account. Another option is you apply for Sahaj Solar IPO through an IPO form downloaded through NSE and BSE. Visit the IPO Form Page and download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Sahaj Solar Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2024 | ₹20,171.55 | ₹17,679.27 | ₹1,337.29 |
| 2023 | ₹18,580.48 | ₹17,403.15 | ₹648.37 |
| 2022 | ₹6,728.95 | ₹6,287.73 | ₹102.50 |
Company Promoters :
■ Pramit Bharatkumar Brahmbhatt
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Sahaj Solar IPO Lead Managers :
■ Kunvarji Finstock Private Limited
Sahaj Solar IPO Registrar :
KFin Technologies Limited
Selenium Tower-B, Plot 31 & 32,
Gachibowli, Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500 032,
Telangana
Tel No.: +91 40 6716 2222
Email Id: [email protected]
Investor Grievance Email Id:[email protected]
Website: www.kfintech.com
Note: Check Sahaj Solar IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
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 FAQs :
What is Sahaj Solar IPO?
Sahaj Solar IPO is SME IPO. They are going to raise ₹52.56 Crores via IPO. The issue is priced at ₹180 per equity share. The IPO is to be listed on NSE, SME.
When Sahaj Solar IPO will open?
The IPO is to open from July 11 to July 15, 2024, for QIB, NII & RII.
How much is Sahaj Solar’s IPO Size?
Sahaj Solar’s IPO size is ₹52.56 Crores.
How much is the Fresh issue size of Sahaj Solar IPO?
The Fresh issue size of Sahaj Solar IPO ₹52.56 Cr.
What is Sahaj Solar IPO Price Band?
Sahaj Solar’s IPO Price Band is ₹171-₹180 Per share.
What is the Sahaj Solar IPO Minimum and Maximum Lot Size?
The minimum bid is 800 Shares with ₹144,000 amount while the maximum bid is 1600 shares with ₹288,000.
How much is Sahaj Solar IPO Investors Portion?
The investors’ portion for QIB is 50%, NII 15%, RII 35%.
When is the Sahaj Solar IPO Allotment Date?
Sahaj Solar IPO allotment date is July 18, 2024
When is the Sahaj Solar IPO Listing Date?
Sahaj Solar’s IPO listing date is July 19, 2024. The IPO to list on NSE, SME.
How to Apply the Sahaj Solar IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Sahaj Solar IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sahaj Solar IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Sahaj Solar IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sahaj Solar IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Sahaj Solar IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sahaj Solar IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Sahaj Solar IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Sahaj Solar GMP: Click Here Sahaj Solar Subscription: Click Here Sahaj Solar Allotment: Click Here Sahaj Solar Listing: Click Here |
All Sahaj Solar IPO-related links are available here. If you want to know the details then click on the Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.