Are you applying for Sahaj Solar IPO?

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Deal Subedar
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Sahaj Solar Limited was founded in 2010 and is a provider of renewable energy solutions.

The company has three business units:

  1. PV module manufacturing: The company's PV module manufacturing facility is located at Bavla, Ahmedabad, Gujarat. It is spread over an area of 2,883.77 square metres and has a building of 2445.5 square metres comprising both factory and office space. The plant has a capacity of 100 MW. The company's automated manufacturing facility offers mono and polycrystalline PV modules for various solar projects in India and abroad. The facility also manufactures a mono PERC (Passivated Emitter and Rear Contact) module.
  2. Provision of solar water pumping systems
  3. Providing EPC services to PAN India customers: This includes design,
    supply, installation, testing, commissioning and maintenance of projects
    of all sizes, from a simple domestic solar system to a large solar
    power plant set-up.


Sahaj Solar IPO opens for subscription on July 11, 2024 and closes on July 15, 2024. The allotment for the Sahaj Solar IPO is expected to be finalized on Tuesday, July 16, 2024. Sahaj Solar IPO will list on NSE SME with tentative listing date fixed as Friday, July 19, 2024.


Sahaj Solar IPO price band is set at ₹171 to ₹180 per share. The minimumlot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹288,000.


IPO Date July 11, 2024 to July 15, 2024
Listing Date [.]
Face Value ₹10 per share
Price Band ₹171 to ₹180 per share
Lot Size 800 Shares
IPO Open Date Thursday, July 11, 2024
IPO Close Date Monday, July 15, 2024
Basis of Allotment Tuesday, July 16, 2024
Initiation of Refunds Thursday, July 18, 2024
Credit of Shares to Demat Thursday, July 18, 2024
Listing Date Friday, July 19, 2024
Cut-off time for UPI mandate confirmation 5 PM on July 15, 2024


GMP is ₹100

Expected return is 55.56%


Apply for IPO:
Upstox-
https://play.google.com/store/apps/details?id=i...

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3 Comments  |  
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Budding Star Budding Star
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good premium

Tech Guru Tech Guru
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Just installed Sahaj panels at home last week

Deal Cadet Deal Cadet
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most of small / micro cap are playing pump and dump game .. 

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