| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹52.52 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹52.52 Cr |
| Fresh Issue | ₹49.89 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน171.00-180.00 per share |
| Discount | Retail: 0.00,Employee: 15.00 |
| NSE Code | SAHAJSOLAR |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Kunvarji Finstock Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 800 shares and in multiples thereof
Sahaj Solar Limited was founded in 2010 and is a provider of renewable energy solutions.
The company has three business units:
As of September 30, 2023, the company employed over 64 people in the areas of administration, accounting and finance, human resources, projects, procurement, operations manager, sales and marketing, production and operations, and top management.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working Capital Requirements of the Company | 106.15 |
| 2 | General Corporate Purposes | 13.14 |
| Total | 119.29 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 149.36 | 90.82 | 61.03 | 34.64 |
| Total Income | 201.72 | 185.80 | 67.29 | 62.19 |
| Profit After Tax | 13.37 | 6.48 | 1.03 | 0.71 |
| NET Worth | 32.93 | 16.37 | 10.02 | 9.22 |
| Reserves and Surplus | 24.97 | 8.59 | 4.80 | 4.05 |
| Total Borrowing | 56.81 | 13.62 | 17.11 | 15.03 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 39.96% |
| ROCE | 26.47% |
| RoNW | 39.96% |
| PAT Margin | 6.52% |
| Price to Book Value | 4.41 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 16.58 | 12.17 |
| P/E (x) | 10.86 | 14.79 |
| Promoter Holding | 97.08% | 71.28% |
| Market Cap | โน197.75 Cr. | |