The Sahaj Fashions IPO started on August 25, 2023, and ended on August 29, 2023. Shares were allocated on September 1, 2023, and refund processes began on September 4, 2023. On September 5, 2023, the shares were credited to investors demat accounts. Sahaj Fashions was officially listed on the stock exchange on September 6, 2023.
During the IPO, Sahaj Fashions offered shares at a price range of ₹30 per share, and the lot size was 4000 shares. The total issue size was ₹13.96 crores. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Sahaj IPO Subscription Update Video
Sahaj Fashions IPO Subscription Status
The Sahaj Fashions IPO on August 29, 2023 was subscribed 7.75 times, with the retail category being subscribed 11.72 times, the other category being subscribed 3.78 times.
| Category | Subscription |
| Other | 3.78x |
| Retail | 11.72x |
| Total | 7.75x |
Sahaj Fashions IPO Basic Details
| Company Name | Sahaj Fashions Limited |
| Domain of Company | Fabric for Garment Making, Home Furnishings, and Industrial Applications |
| IPO Open Date | August 25, 2023 |
| IPO Close Date | August 29, 2023 |
| IPO Allotment Date | September 1, 2023 |
| IPO Listing Date | September 6, 2023 |
| Face Value | ₹10 per share |
| Price | ₹30 per share |
| Lot Size | 4000 Shares |
| Issue Size | 4,652,000 shares (aggregating up to ₹13.96 Cr) |
| Fresh Issue | 4,476,000 shares (aggregating up to ₹13.43 Cr) |
| Offer for Sale | 176,000 shares of ₹10 (aggregating up to ₹0.53 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Rohit Toshniwal, Mr. Norat Mal Choudhary, Ms. Sadhna Toshniwal & Mrs. Prabha Lakhotia |
About Sahaj Fashions Limited
Established in 2011, Sahaj Fashions Limited engages in the production of various types of fabrics used in clothing, home furnishings, and industrial applications.
The assortment includes cotton suiting and shirting fabrics, as well as polyester-based and cotton-polyester blend fabrics. A particularly popular item in their portfolio is the cotton yarn-dyed fabric, which is highly sought after in the garment manufacturing sector.
Sahaj offers an array of products, such as Piece Dyed Shirtings, Cotton Yarn Dyed Shirtings, Cotton yarn dyed Chambray, and Cotton fabric for Self Designed Shirting ranging from counts 40s to 100s in the Shirtings category. In the Suitings category, they produce Cotton Spandex Fabric, Cotton Suiting Fabric, Cotton Dobby Designs, and Cotton Power Lycra Fabrics. For Fancy Fabrics, they produce Slub Yarn Fabrics and Linen Fabrics. In the Industrial Cloth sector, their offerings include Cotton Duck Fabric, Cotton Drill Fabric, Cotton Twill Fabric, and Cotton Tusser Fabric.
Sahaj Fashions’ manufacturing facility is situated on Kishangarh Bhilwara Express Highway (NH 79) in the Srinagar Village of Ajmer District.
For the fiscal year 2022, the company achieved a total revenue of Rs. 6998.59 Lakhs.
Sahaj Fashions IPO Should you subscribe?
Sahaj Fashions IPO More Details Click Here
Sahaj Fashions IPO FAQs
What is the start and end date of Sahaj Fashions IPO Subscription?
The Sahaj Fashions IPO started on August 25, 2023, and ended on August 29, 2023.
When does Sahaj Fashions IPO Subscription open?
The Sahaj Fashions IPO open on August 25, 2023.
When does Sahaj Fashions IPO Subscription close?
The Sahaj Fashions IPO Close on August 29, 2023.
What is the allotment date of Sahaj Fashions IPO?
The allotment date for Sahaj Fashions IPO is September 1, 2023.
When is the initial refund date of Sahaj Fashions IPO?
The initial Refund date for Sahaj Fashions IPO is September 4, 2023.
When were the shares credited to investors demat accounts for the Sahaj Fashions IPO?
The shares for the Sahaj Fashions IPO were credited to investors demat accounts on September 5, 2023.
When will Sahaj Fashions IPO be listed on the stock market?
Sahaj Fashions IPO stock market will be listed on September 6, 2023 at 10 am.
What was the price range of the Sahaj Fashions IPO shares?
The Sahaj Fashions IPO shares were offered at a price range of ₹30 per share.
What was the lot size for the Sahaj Fashions IPO shares?
The lot size for the Sahaj Fashions IPO shares was 4000 shares.
What was the total issue size of the Sahaj Fashions IPO?
The total issue size of the Sahaj Fashions IPO was ₹13.96 crores.
How were the shares allocated among different types of investors for the Sahaj Fashions IPO?
50% of the shares were allocated to retail investors, 50% were reserved for other.
On which stock exchanges was the Sahaj Fashions IPO listed?
The Sahaj Fashions IPO was listed on the NSE SME.
What is the Sahaj Fashions IPO Subscription Status?
Sahaj Fashions IPO is subscribed 7.75 Times.
