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Sahaj Solar Limited

Sahaj Solar Limited

listed
₹1.37LMin. investment

Sahaj Solar Limited IPO Details

Price range₹171 – ₹180
IPO type
SME
Lot size800 shares
Issue size₹52.56Cr
RHP/DRHP
Read

Sahaj Solar Limited Timeline

  1. Bid start
    11 Jul 2024
  2. Bid end
    15 Jul 2024
  3. Allotment
    13 Jul 2024
  4. Release of funds
    18 Jul 2024
  5. Demat transfer
    16 Jul 2024
  6. Listing
    19 Jul 2024

About Sahaj Solar Limited

Founded in 2010, Sahaj Solar Limited stands at the forefront of the renewable energy industry, specializing in three key areas: PV module manufacturing, solar pumping systems, and EPC services. Headquartered in Bavla, Ahmedabad, Gujarat, India, the company's manufacturing plant spans approximately 2,883.77 square meters, with 2,445.5 square meters dedicated to factory and office spaces. This facility boasts a production capacity of 100 MW, enabling Sahaj Solar to deliver high-quality and affordable solar panels to its diverse clientele.
Sahaj Solar's state-of-the-art, automated production facility manufactures both mono and polycrystalline PV modules. These modules cater to various solar projects across India and internationally. The plant's integrated manufacturing capabilities allow for the production of Mono PERC (Passivated Emitter and Rear Contact) modules, which achieve efficiencies of 21% or higher. Utilizing advanced Crystalline Photovoltaic Technology, Sahaj Solar can produce customized PV module sizes, reinforcing their reputation for reliability and innovation under the 'SAHAJ' brand.
With nearly a decade of experience in renewable power generation, Sahaj Solar excels in providing comprehensive solar solutions. Their expertise extends beyond manufacturing to include a full suite of EPC (Engineering, Procurement, and Construction) services. These services encompass the design, supply, installation, testing, commissioning, and maintenance of solar projects of all sizes, from domestic installations to large-scale solar power plants.
Additionally, Sahaj Solar designs and customizes solar mobile trolleys, addressing the unique needs of rural and remote areas. These trolleys are versatile, capable of powering solar water pumps, off-grid utilities, and other mobile electricity needs.
Sahaj Solar's commitment to delivering reliable solar solutions is evident in their streamlined manufacturing processes and comprehensive service offerings. Their integrated approach to solar energy solutions, combined with their dedication to quality and innovation, positions them as a leader in the solar power market.
As Sahaj Solar Limited prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
  1. Working Capital Requirements.
  2. General Corporate Purposes.

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
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Sahaj Solar Limited Contact Details

Company NameSahaj Solar Limited

How to apply for Sahaj Solar Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Sahaj Solar IPO FAQs

Investors can apply for the Sahaj Solar Limited through their Demat account via the stock exchange or through their broker.
The issue size of the Sahaj Solar Limited is 52.56 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Sahaj Solar Limited will be open between 2024-07-11 and 2024-07-15.
Sahaj Solar Limited allotment date is 2024-07-16. For Sahaj Solar Limited allotment status check, you can visit the website of the registrar of the IPO.
For Sahaj Solar Limited, the IPO registrar is KFIN TECHNOLOGIES LIMITED. You can check Sahaj Solar Limited allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Sahaj Solar Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Sahaj Solar Limited lot size is 800 and minimum order quantity is 800.
Sahaj Solar Limited has set the price band for its IPO at 180 per equity share with a face value of 10.