IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Sahaj Solar IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Solar sector. Kunvarji Finstock Private Limited is the merchant banker of Sahaj Solar IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th March 2024.
Sahaj Solar IPO open date is 11th July 2024 and close date is 15th July 2024. IPO Allotment Date is 16th July 2024 and Listing date is 19th July 2024.
IPO
Size:
₹52.56
Cr.
Avg IPO Size (Sector Based)
: ₹
36.07 cr.
Sector: Solar
SME IPO so far:
11
Merchant Banker:
kunvarji finstock
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹
201.71
cr 
PE
Ratio:
14.79x
Average Sector PE Ratio: 20.25x
Sahaj Solar IPO size is Rs 52.56 Cr. crores with IPO price of Rs 180.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
kunvarji finstock private limited is the book-running lead manager of the Sahaj Solar IPO. Kfin Technologies Limited is the Registrar and Market Maker is Aftertrade Broking Pvt Ltd for Sahaj Solar IPO.
Sahaj Solar IPO anchor investors are the below investors. The number of anchor investors in this IPO is 3.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Persistent Growth Fund- | 277,600.00 | ₹180.00 | ₹49,968,000.00 |
| CCV EMERGING OPPORTUNITIES | 324,000.00 | ₹180.00 | ₹58,320,000.00 |
| Acintyo Investment Fund | 222,400.00 | ₹180.00 | ₹40,032,000.00 |
Sahaj Solar IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Sahaj Solar IPO, based in Ahmedabad, operates in the Solar sector with a focus on Renewable energy solutions.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Sahaj Solar IPO size is ₹ 52.56 Cr. Crores with fresh issue size of Rs 52.56 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Sahaj Solar IPO is expected to be 16th July 2024, after the finalization of basis of allotment. Investors can check Sahaj Solar IPO allotment status on the registrars website, Kfin Technologies Limited. Sahaj Solar IPO refund dates are 18th July 2024.
Sahaj Solar IPO is expected to be listed on 19th July 2024.
The upper price band for the Sahaj Solar IPO is set at ₹ 180.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Sahaj Solar IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Sahaj Solar IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 15th July 2024. After submission, funds are blocked until the basis of allotment of Sahaj Solar IPO is finalised.
The merchant banker for Sahaj Solar IPO is kunvarji finstock private limited . kunvarji finstock private limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sahaj Solar IPO RHP for further details.
The registrar for Sahaj Solar IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Sahaj Solar IPO through their official website or helpline.
Sahaj Solar IPO was subscribed 507.21 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Sahaj Solar IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sahaj Solar Financial Review Page
Merchant Banker(s) of Sahaj Solar IPO: kunvarji finstock private limited
Sahaj Solar IPO subscription was 507.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Sahaj Solar IPO listed at a listing price of 359.10 against the offer price of 180.00.
The current market price of Sahaj Solar is 248.35.
Why Us?
