The Sahaj Solar IPO commenced on July 11, 2024, and concluded on July 15, 2024. The allotment of shares took place on July 16, 2024, and the initiation of refunds began on July 18, 2024. The shares were credited to the demat accounts of investors on July 18, 2024. Finally, the listing of Sahaj Solar on the stock exchange occurred on July 19, 2024.
The Sahaj Solar IPO was priced at ₹171 to ₹180 per share, with a lot size of 800 shares. The total size of Sahaj Solar IPO is ₹52.56 crores out of which ₹52.56 crores is fresh issue. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Sahaj Solar IPO Basic Details
| Company Name | Sahaj Solar Limited |
| Domain of Company | Renewable Sector |
| Aasaan Loans IPO GMP Today | ₹145 |
| Aasaan Loans IPO Listing Gain | 80.56% |
| Aasaan Loans IPO Open Date | July 11, 2024 |
| Aasaan Loans IPO Close Date | July 15, 2024 |
| Aasaan Loans IPO Allotment Date | July 16, 2024 |
| Aasaan Loans IPO Listing Date | July 19, 2024 |
| Face Value | ₹10 per share |
| Price | ₹171 to ₹180 per share |
| Lot Size | 800 Shares |
| Issue Size | 2,920,000 shares (aggregating up to ₹52.56 Cr) |
| Fresh Issue | 2,920,000 shares (aggregating up to ₹52.56 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Sahaj Solar IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹145 | 80.56% | – | – |
| 7 July 2024 | ₹145 | 80.56% | – | – |
Sahaj Solar IPO Details:
Founded in 2010, Sahaj Solar Limited specializes in renewable energy solutions with three main business units:
- PV Module Manufacturing: Located in Bavla, Ahmedabad, Gujarat, Sahaj Solar’s state-of-the-art facility spans 2,883.77 square meters, with a 2,445.5 square meter building housing both factory and office space. The plant boasts a 100 MW capacity and produces mono and polycrystalline PV modules for solar projects domestically and internationally. The facility also manufactures advanced mono PERC modules.
- Solar Water Pumping Systems: Sahaj Solar provides efficient and reliable solar water pumping systems tailored to various needs.
- EPC Services Across India: Sahaj Solar offers comprehensive EPC (Engineering, Procurement, and Construction) services, covering design, supply, installation, testing, commissioning, and maintenance for projects of all sizes—from small domestic solar systems to large-scale solar power plants.
As of September 30, 2023, Sahaj Solar Limited employs over 64 professionals across various departments, including administration, accounting, finance, human resources, projects, procurement, operations management, sales and marketing, production, and top management.
Sahaj Solar IPO More Details Click Here
Sahaj Solar IPO FAQs
When is Sahaj Solar IPO open?
Sahaj Solar IPO will open on 11 July 2024.
When is Sahaj Solar IPO Close?
Sahaj Solar IPO will be closed on 15 July 2024.
What is Sahaj Solar IPO GMP Today?
The Sahaj Solar IPO GMP aka Grey Market Premium is ₹145.
What is Sahaj Solar IPO Kostak Rates Today?
The Sahaj Solar IPO Kostak Rate is ₹000.
What is Sahaj Solar IPO Subject to Sauda Price Today?
The Sahaj Solar IPO subject to sauda rates is ₹000.
Sahaj Solar IPO Expected Returns?
The Sahaj Solar expected return is 80.56%.
How much will be the listing gain in Sahaj Solar IPO?
Sahaj Solar IPO will get listing gain of 80.56%. (Approx.)
