247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Sahaj Solar Limited IPO (Sahaj Solar IPO) Details

Sahaj Solar Limited is an Solar based company, located in Ahmedabad, Sahaj Solar Limited IPO size was 52.56 Cr. and was issued at 180.00 per share. The share of Sahaj Solar Limited were listed at 359.10 per share and are currently trading at 509.35 per share.

Type :
Sub Sector : Renewable Energy Solutions.
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
201.71 Cr.

PAT :
13.37 Cr.

Pricing Report

Issue Price :
180.00

Listing Price :
359.10

Current Market Price :
509.35

Issue Price vs CMP :
329.35 (182.97%)

listing Price vs CMP :
150.25 (41.84%)

Performance Report (CAGR* wise)

CAGR : 669.99
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Sahaj Solar

Company Information
Sahaj Solar Limited is a leading solar solutions provider with nearly a decade of experience in various renewable power generation verticals. It operates as both a manufacturer and service provider, giving it a competitive advantage in the solar power market. The company is engaged in three primary areas: PV module manufacturing, solar pumping systems, and providing EPC (Engineering, Procurement, and Construction) services. It has a PV module manufacturing plant with a capacity of 100 MWs located in Bavla, Ahmedabad, Gujarat, India, occupying 2,883.77 square meters of land with a construction area of 2,445.5 square meters. The facility offers automated production of both mono and polycrystalline PV modules, including high-efficiency Mono PERC modules with an efficiency of at least 21%. Utilizing Crystalline Photovoltaic Technology, the company
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Object of Issue
  • Working Capital Requirements of the Company and
  • General Corporate Purposes

Sahaj Solar SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jul, 2024
IPO Size :
52.56 Cr.
Market Cap :
197.75 Cr.   
IPO Subscription :
507.21 X     
PE Multiple :
14.79
IPO Registrar:
Kfin Technologies Limited

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FAQs

Sahaj Solar operates in Solar and Renewable Energy Solutions.. The Issue is listed on NSE EMERGE in Jul, 2024. Sahaj Solar IPO size was 52.56 Cr. with Issue price of 180.00 .

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 509.35.

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