Sahaj Solar IPO GMP, Review, Price, Allotment

0

Last updated on July 12, 2024

Sahaj Solar IPO GMP

Sahaj Solar IPO description – Founded in 2010, Sahaj Solar is a renewable energy solution provider primarily engaged in three areas: manufacturing PV modules, supplying solar water pumping systems, and offering EPC services to customers across India.

  • PV Module manufacturing: The company’s PV module manufacturing facility is located in Bavla, Ahmedabad, with a capacity of 100 MW. This automated facility produces both mono and polycrystalline PV modules for various solar projects in India and abroad. It also manufactures mono PERC (Passivated Emitter and Rear Contact) modules. The company’s solar PV modules, sold under the brand name ‘SAHAJ’, have built a solid reputation.
  • Provision of solar water pumping systems: A solar water pump uses a Solar PV System to convert solar energy into electricity to power a motor and pump. The second key component of the solar water pumping system is the module mounting structure (MMS), which is manufactured by Veracity Energy and Infrastructure, one of our subsidiary companies.
  • Providing EPC services to PAN India customers: This includes the design, supply, installation, testing, commissioning, and maintenance of projects of all sizes, from simple domestic solar installations to large-scale solar power plants.

As of 30 September 2023, the company had 64 employees across various departments, including Administration, Accounts & Finance, HR, Projects, Procurement, Plant Head, Sales & Marketing, Production & Operations, and Top-Level Management.

Sahaj Solar IPO

Promoters of Sahaj Solar – Mr. Pramit Bharatkumar Brahmbhatt, Mrs. Varna Pramit Brahmbhatt & Mr. Manan Bharatkumar Brahmbhatt


Sahaj Solar IPO Details

Sahaj Solar IPO Dates11 – 15 July 2024
Sahaj Solar Issue PriceINR 171 – 180 per share
Employee DiscountINR 15 per share
Fresh issue29,20,000 shares (INR 49.93 – 52.56 crore)
Offer For SaleNIL
Total IPO size29,20,000 shares (INR 49.93 – 52.56 crore)
Minimum bid (lot size)800 shares (INR 1,44,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE Emerge

Sahaj Solar Financial Performance

 FY 2021FY 2022FY 2023FY 2024
Revenue61.9366.77185.36201.17
Expenses58.9162.87173.99176.79
Net income0.601.026.3513.16
Figures in INR Crores unless specified otherwise

Sahaj Solar Offer News


Sahaj Solar Valuations & Margins

FY 2022FY 2023FY 2024
EPS1.308.1116.70
PE ratio10.24 – 10.78
RONW (%)10.2138.7839.96
NAV19.1920.9140.83
ROCE (%)11.3735.1126.47
EBITDA (%)5.836.1112.12
Debt/Equity 1.700.821.72
*Compiled by IPO Central from Prospectus

Sahaj Solar IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
12 July 202415097,000
10 July 202412077,000
9 July 20249557,000
8 July 20249557,000

Sahaj Solar IPO Allotment Status

Sahaj Solar IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.


Sahaj Solar IPO Dates & Listing Performance

IPO Opening Date11 July 2024
IPO Closing Date15 July 2024
Finalization of Basis of Allotment16 July 2024
Initiation of refunds18 July 2024
Transfer of shares to demat accounts18 July 2024
IPO Listing Date19 July 2024
Opening Price on NSE SMEComing soon
Closing Price on NSE SMEComing soon

Sahaj Solar Offer Lead Manager

KUNVARJI FINSTOCK PRIVATE LIMITED
Block B, First Floor, Siddhi Vinayak Towers, Off S. G.
Highway Road, Mouje Makarba, Ahmedabad – 380051
Phone: 022 – 69850000 / 079- 66669000
Email[email protected]
Website: www.kunvarji.com


Sahaj Solar Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com


Sahaj Solar Issue Contact Details

SAHAJ SOLAR LIMITED
Office No. 301, Ashirvad Paras Opp Prahladnagar Garden,
Satellite, Ahmedabad, Gujarat, India, 380051
Phone: +91-079-68171800
E-mail: [email protected]
Website: www.sahajsolar.com


IPO FAQs

What is the Sahaj Solar offer size?

Sahaj Solar offer size is INR 49.93 – 52.56 crores.

What is the Sahaj Solar offer price band?

Sahaj Solar public offer price is INR 171 – 180 per share.

What is the lot size of the Sahaj Solar IPO?

Sahaj Solar offer a lot size is 800 shares.

What is Sahaj Solar IPO GMP today?

Sahaj Solar IPO GMP today is INR 150 per share.

What is the Sahaj Solar kostak rate today?

Sahaj Solar kostak rate today is INR NA per application.

What is Sahaj Solar Subject to the Sauda rate today?

Sahaj Solar is Subject to the Sauda rate today is INR 97,000 per application.

LEAVE A REPLY

Please enter your comment!
Please enter your name here