Sahaj Solar Ltd IPO |
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 |
| 11-Jul-24 |
15-Jul-24 |
(Rs)180.00-0.00 |
(Rs)0.00-0.00 |
| 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 |
10.99 |
|
| Issue Price |
(Rs)180.00 |
|
|