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Open
25 Aug 2023
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Close
29 Aug 2023
3
Allotment
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Listing
Wed, Sep 6, 2023
Price Band
₹30 per share
Issue Size
46,52,000 shares (agg. up to ₹14 Cr)
Lot Size
4,000 Shares
Listing Date
Wed, Sep 6, 2023
Latest GMP
₹3
Est. Gain
10%
✦ AI Insight
GMP Trend
06-09-2023₹3Est. ₹33+10%
05-09-2023₹3Est. ₹33+10%
04-09-2023₹3Est. ₹33+10%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.37x |
Restated Financials (₹ Cr.)
| Period Ended | 28 Feb 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 71.79 | 69.99 | 67.12 | 64.76 |
| Total Income | 91.01 | 86.98 | 74.76 | 99.34 |
| Profit After Tax | 2.89 | 0.43 | 0.32 | 0.27 |
| NET Worth | 17.24 | 14.36 | 13.94 | 13.62 |
| Reserves and Surplus | 9.83 | 6.95 | 6.52 | 6.20 |
| Total Borrowing | 15.19 | 17.95 | 16.09 | 10.19 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 6.68 |
| 2 | Prepayment/repayment of certain secured borrowings availed by our Company | 4.20 |
| 3 | General Corporate Purpose | 1.95 |
About Sahaj Fashions IPO
Incorporated in 2011, Sahaj Fashions Limited manufactures fabric for garment making, home furnishings, and industrial applications. The company manufactures cotton suiting fabric and cotton shirting fabric, polyester-based and cotton-polyster blended fabrics. It also manufactures cotton yarn-dyed fabrics which are its most in-demand product in the garment manufacturing industry. Sahaj's product list includes Piece Dyed Shirtings, Cotton Yarn Dyed Shirtings, Cotton yarn dyed Chambray, and Cotton fabric for Self Designed Shirting from count 40s to 100s in the Shirtings segment; Cotton Spandex Fabric, Cotton Suiting Fabric, Cotton Dobby Designs, and Cotton Power Lycra Fabrics in the Suitings segment; Slub Yarn Fabrics and Linen Fabrics in the Fancy Fabrics segment; and Cotton Duck Fabric, Cotton Drill Fabric, Cotton Twill Fabric, and Cotton Tusser Fabric in the Industrial Cloth segment. Sahaj Fashions' manufacturing unit is located on Kishangarh Bhilwara Express Highway i.e. NH 79, at village Srinagar District Ajmer. The company recorded Rs. 9,097.58 Lakhs in total revenue for the financial periods ending February 28, 2023.+ Read More
Contact Details
Sahaj Fashions Ltd. AddressShree Bhawan, Ajmer RoadMadanganjKishangarhKishangarh, Rajasthan, 305801+91 9462788792cfo@sahajfashions.inVisit Website