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Open
11 Jul 2024
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Close
15 Jul 2024
3
Allotment
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Listing
Fri, Jul 19, 2024
Price Band
₹171 to ₹180
Issue Size
29,20,000 shares (agg. up to ₹53 Cr)
Lot Size
800 Shares
Listing Date
Fri, Jul 19, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 354.76x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ganesh Green Bharat Ltd. | SME | ₹125.23 Cr | ₹190 | 15.85 | ₹379.05 | +99.50% | ₹216.30 |
| Shivalic Power Control Ltd. | SME | ₹64.32 Cr | ₹100 | 24.69 | ₹326.55 | +226.55% | ₹63.35 |
| GP Eco Solutions India Ltd. | SME | ₹30.79 Cr | ₹94 | 21.44 | ₹393.75 | +318.88% | ₹408.70 |
| Alpex Solar Ltd. | SME | ₹74.52 Cr | ₹115 | 54.66 | ₹345.45 | +200.39% | ₹924.90 |
| Australian Premium Solar (India) Ltd. | SME | ₹28.08 Cr | ₹54 | 23.58 | ₹147.00 | +172.22% | ₹250.60 |
| Akanksha Power & Infrastructure Ltd. | SME | ₹27.49 Cr | ₹55 | 24.02 | ₹65.10 | +18.36% | ₹135.50 |
| Supreme Power Equipment Ltd. | SME | ₹46.67 Cr | ₹65 | 10.69 | ₹102.90 | +58.31% | ₹233.35 |
| Electro Force (India) Ltd. | SME | ₹80.68 Cr | ₹93 | 20.22 | ₹105.00 | +12.90% | ₹19.50 |
| Saakshi Medtech & Panels Ltd. | SME | ₹45.16 Cr | ₹97 | 10.18 | ₹153.30 | +58.04% | ₹333.80 |
| Sungarner Energies Ltd. | SME | ₹5.31 Cr | ₹83 | 13.07 | ₹262.35 | +216.08% | ₹325.65 |
| Oriana Power Ltd. | SME | ₹59.66 Cr | ₹118 | 20.7 | ₹317.10 | +168.73% | ₹1,217.65 |
| Rishabh Instruments Ltd. | Mainboard | ₹490.78 Cr | ₹441 | null | ₹443.15 | +0.49% | ₹808.30 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements of the Company | 106.15 |
| 2 | General Corporate Purposes | 13.14 |
| Total | 119.29 |
About Sahaj Solar IPO
Updated on Aug 5, 2026
Contact Details
Sahaj Solar Ltd. AddressOffice No.301, Ashirvad ParasOpp.Prahladnagar GardenSatelliteAhmedabad, Gujarat, 380051+91-079-68171800cs@sahajsolar.comVisit Website