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 |
Company Contact Information
Sahaj Fashions Limited
Shree Bhawan, Ajmer Road,
Madanganj, Kishangarh – 305801
Phone: +91 9462788792
Email: cfo@sahajfashions.in
Website: https://sahajfashions.in/
