Sahaj Solar Ltd - Prospectus Synopsis

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.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
7/11/2024 12:00:00 AM 7/15/2024 12:00:00 AM Rs 180 - 0Rs 0 - 0
Minimum Application for shares in Nos : 800 Further Multiples of : 800
 Rs CrLead 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 PriceRs. 180 
Projects
Working capital requirements of the company
Promoted ByListing AtRegistrar to the Issue
Manan Bharatkumar Brahmbhatt
Pramit Bharatkumar Brahmbhatt
Varna Pramit Brahmbhatt
- KFin Techologies Ltd

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