IPO Trending
SAHAJSOLARSME / NSEListed
Sahaj Solar

Sahaj Solar Limited, founded in 2010, is a leading renewable energy solutions provider with three key business units. The company operates a state-of-the-art PV module manufacturing facility in Bavla, Ahmedabad, Gujarat, spanning 2,883.77 square meters, including 2,445.5 square meters of factory and office space, with a production capacity of 100 MW. This automated facility manufactures mono and polycrystalline PV modules, including advanced mono PERC modules, catering to domestic and international solar projects. Additionally, Sahaj Solar offers solar water pumping systems and end-to-end EPC services, covering design, supply, installation, testing, commissioning, and maintenance for projects of all sizes. As of September 30, 2023, the company employed over 64 professionals across various departments, reinforcing its expertise in the solar energy sector.

₹171 - ₹180513.15x sub
Listed Price₹342.00
Listing Gain+90.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open11 Jul 2024
Close15 Jul 2024
Allotment16 Jul 2024
Listing19 Jul 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB5,50,400 shares
28.23%
HNI4,12,800 shares
21.17%
Retail9,62,400 shares
49.36%
Employee24,000 shares
1.23%

Minimum Application Lots

Retail1 Lot (800 shares)
₹1,44,000
HNI2 Lots (1,600 shares)
₹2,88,000

Company Promoters

Pramit Bharatkumar BrahmbhattVarna Pramit BrahmbhattManan Bharatkumar Brahmbhatt

Company Background

Sahaj Solar Limited, founded in 2010, is a leading renewable energy solutions provider with three key business units. The company operates a state-of-the-art PV module manufacturing facility in Bavla, Ahmedabad, Gujarat, spanning 2,883.77 square meters, including 2,445.5 square meters of factory and office space, with a production capacity of 100 MW. This au...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹20171.55 Cr
Growth+224.4%
Revenue Trend (₹ in Crores)
0.07.7k15.5k23.2kMar-21Mar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2420,171.55 1,337.29 14,936.40 5,680.86
Mar-2318,580.48 648.379,081.50 1,361.97
Mar-226,728.95 102.5 6,103.22 1,711.35
Mar-216,218.78 70.58 3,463.94 1,502.87

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 16.7039.96%26.47%10.8614.79
Mar-23 8.1138.78%35.11%00
Mar-221.3010.21%11.42%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
16 Jul 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
19 Jul 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Sahaj Solar. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization16 Jul 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date19 Jul 2024Trading commences on exchange

How to Check Sahaj Solar Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Sahaj Solar from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Sahaj Solar IPO

Complete issue overview for Sahaj Solar (SAHAJSOLAR) IPO. The issue features an equity share price band of ₹171 – ₹180 per share with a minimum retail lot size of 800 Shares (minimum application amount of ₹1,44,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions