Sahaj Solar IPO Details

 IPO Subscription Dates

Open: July 11, 2024 Close: July 15, 2024  Allotment: July 16, 2024

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 Listing Details

Sahaj Solar IPO to list on NSE SME on July 19, 2024.

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Price Band

The price band for the IPO is set at ₹171 to ₹180 per share.

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Investment Requirements

Minimum lot size: 800 shares  Minimum retail investment: ₹144,000.

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Company Background

Sahaj Solar Limited, founded in 2010, provides renewable energy solutions.

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Business Units

PV module manufacturing, Solar water pumping systems, and EPC services.

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Financial Growth

Revenue grew by 8.56%, PAT increased by 106.25% from FY23 to FY24.

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Promoter Holding

Pre-issue: 97.09% | Post-issue: 71.28%

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Investment Objectives

 Funds to be used for working capital and general corporate purposes.

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