SAHAJ SOLAR Limited IPO GMP

SAHAJ SOLAR LIMITED believes that solar technology is the most emerging technology among all renewable energy technologies. Sun is an infinite source of energy for our earth. Sahaj Solar Ltd. (Sahaj Solar) is synonyms to acquire green energy in a natural simple way. They are engaged in three businesses of PV Module manufacturing, providing solar pumping systems and providing EPC Services.

Sahaj Solar IPO, a Book Built issue amounting to ₹52.56 crores, consisting entirely a Fresh Issue of 29.2 lakh Shares. The subscription period for the Sahaj Solar IPO opens on July 11, 2024, and closes on July 15, 2024. The allotment is expected to be finalized on or about Tuesday July 16, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, July 19, 2024.

The Share price band of Sahaj Solar IPO is set at ₹171 to ₹180 equity per share, with a minimum lot size of 800 shares. Retail investors are required to invest a minimum of ₹144,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1600 shares), amounting to ₹288,000. 

KUNVARJI FINSTOCK PRIVATE LIMITED is the book-running lead manager, KFIN TECHNOLOGIES LIMITED is the registrar for the Issue. AFTERTRADE BROKING PRIVATE LIMITED is the sole market maker for the Sahaj Solar IPO.

Sahaj Solar Limited IPO GMP Today
The Grey Market Premium of Sahaj Solar Limited IPO is expected in the range of ₹150 to ₹162 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Sahaj Solar Limited IPO Live Subscription Status Today
As of 02:45 PM on 12 July 2024, the Sahaj Solar Limited IPO live subscription status shows that  Sahaj Solar Limited IPO subscribed 71.16 times on Day 2. Check the Sahaj Solar Limited IPO Live Subscription Status Today at NSE.

Sahaj Solar Limited IPO Allotment Status
Sahaj Solar IPO allotment date is 16 July, 2024, Wednesday. Sahaj Solar IPO Allotment will be out on 16th July 2024 and will be live on Registrar Website from the allotment date. Check Sahaj Solar Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Sahaj Solar Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Sahaj Solar Limited IPO
Sahaj Solar Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹ 39.42 Crores will be used as Working Capital Requirements of the Company 
2. General Corporate Purposes

Refer to Sahaj Solar Limited RHP for more details about the Company.