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Sahaj Solar Limited IPO

Sahaj Solar Limited was a SME IPO in the Other Electrical Equipment sector, offered at ₹171–₹180 per share to raise ₹53 crore. It listed on 19 Jul 2024 at ₹342 and closed its first day at ₹359, a listing gain of +99.5% versus the ₹180 issue price. It now trades around ₹76 (-57.9% versus the issue price).

Frequently asked questions

What were the Sahaj Solar Limited IPO listing gains?
Sahaj Solar Limited listed on 19 Jul 2024 at ₹342, closing its first day at ₹359 — a listing gain of +99.5% versus the ₹180 issue price.
What was the price band and lot size of the Sahaj Solar Limited IPO?
The price band was ₹171–₹180 per share, with a minimum lot of 800 shares (₹1,44,000 at the upper band).
Who were the registrar and lead manager for the Sahaj Solar Limited IPO?
KFin Technologies Limited was the registrar, and Kunvarji Finstock was the book-running lead manager.