Sahaj Solar Ltd
Registered Office : Office # 301 Ashirvad Paras Op , Prahladnagar Garden Satellite , Ahmedabad - 380051 , Gujarat , India.
Phone : +91 079 6817 1800 Fax :
Email :cs@sahajsolar.com Website : https://sahajsolar.com
Initial public offer of upto 29,20,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Sahaj Solar Limited (The Company or The Issuer) at an offer price of Rs. 180 per equity share (including share premium of Rs. 170 per equity share) for cash, aggregating up to Rs. 52.52 crores (Public Offer) out of which upto 1,46,400 equity shares of face value of Rs. 10 each, at an offer price of Rs. 180 per equity share for cash, aggregating Rs. 2.64 crores will be reserved for subscription by the market maker to the offer (the Market Maker Reservation Portion) and upto 24,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. 165 per equity share for cash, aggregating Rs. 0.40 crores will be reserved for subscription by the eligible employees of the company (the Employee Reservation Portion). The company, in consultation with the book running lead manager, offer a discount of upto Rs. 15 to eligible employees bidding in the employee reservation portion (Employee Discount). The public offer less market maker reservation portion & employee reservation portion i.e. offer of upto 27,49,600 equity shares of face value of Rs. 10 each, at an offer price of Rs. 180 per equity share for cash, aggregating upto Rs. 49.49 crores is herein after referred to as the Net Offer. The public offer and net offer will constitute 26.58% and 25.03% respectively of the post-issue paid-up equity share capital of the company. Offer Price Rs. 180 per equity share of face value of Rs. 10 each. The offer price is 18 times of the face value. A Discount of 15 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
7/11/2024 12:00:00 AM | 7/15/2024 12:00:00 AM | Rs 180 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 800 Further Multiples of : 800 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 52.56 | Kunvarji Finstock Pvt Ltd |
Project Financed through Current Offer | 52.52 | |
Post Issue Equity Share Capital | 52.56 | |
Issue Price | Rs. 180 |
Projects |
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Working capital requirements of the company |
Promoted By | Listing At | Registrar to the Issue | |||
---|---|---|---|---|---|
| - | KFin Techologies Ltd |
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ATTENTION INVESTORS
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.