Sahaj Fashions IPO GMP, open on August 25; check price band, key dates

The IPO of Sahaj Fashions is scheduled to open on August 25th. The company aims to secure 13.96 crore rupees through this initial public offering.

Sahaj Fashions specializes in the production of high-quality fabrics that find application in diverse fields such as clothing, home furnishings, and industrial uses. Notably, the company achieved a revenue of 86.98 crore rupees in 2022, marking a significant increase from 74.76 crore rupees in 2021. The IPO has been priced in the range of ₹30 per Equity Share. Sahaj Fashions’ IPO is set to be listed on the NSE.

Sahaj Fashions IPO Details

The Sahaj Fashions IPO is categorized as a fixed-price issue, with a total issue size of Rs 13.96 crore. Each share in the Sahaj Fashions IPO is priced at ₹30. The IPO is set to be listed on the NSE SME.

IPO Date	Aug 25, 2023 to Aug 29, 2023
Listing Date	[.]
Face Value	₹10 per share
Price	₹30 per share
Lot Size	4000 Shares
Total Issue Size	4,652,000 shares (aggregating up to ₹13.96 Cr)
Fresh Issue	4,476,000 shares (aggregating up to ₹13.43 Cr)
Offer for Sale	176,000 shares of ₹10 (aggregating up to ₹0.53 Cr)
Issue Type	Fixed Price Issue IPO

Sahaj Fashions IPO Lot Size

The minimum lot size of this Sahaj Fashions IPO is 4000 shares required is ₹120,000.

Application	Lots	Shares	Amount
Retail (Min)	1	4000	₹120,000
Retail (Max)	1	4000	₹120,000
HNI (Min)	2	8,000	₹240,000

Sahaj Fashions IPO Important Date

Sahaj Fashions IPO opens on Aug 25, 2023, and closes on Aug 29, 2023.

IPO Open Date	Friday, 25 August 2023
IPO Close Date	Tuesday, 29 August 2023
Basis of Allotment	Friday, 1 September 2023
Initiation of Refunds	Monday, 4 September 2023
The credit of Shares to Demat	Tuesday, 5 September 2023
Listing Date	Wednesday, 6 September 2023
Cut-off time for UPI mandate confirmation	5 PM on Aug 29, 2023