In a big development, Sahaj Solar IPO subscription shot up to 41 times on day 1, which was yesterday, Thursday July 11. Not just that, Sahaj Solar IPO GMP today too is at a high, making for a sterling start. The highest number of bidders were the retail investors and they have set the issue on a course of tremendous performance. The Sahaj Solar IPO subscription last day is July 15, and therefore, those who are interested in the issue should know they have more time to research this extremely popular IPO.
Sahaj Solar IPO subscription
Sahaj Solar IPO subscription day 1 was as high as 41.71 times. The issue got bids for 8,13,22,400 shares. This is against 19,49,600 shares that were on offer.
Sahaj Solar IPO GMP today
Sahaj Solar IPO GMP today on July 12, 2024 is Rs 185. With the price band of Rs 180, the estimated Sahaj Solar IPO listing price is likely to be Rs 365 and that adds up to a gain of 102.78%. Sahaj Solar IPO GMP was Rs 164 yesterday. Do remember that the GMP is always the unofficial grey market premium.
Sahaj Solar IPO allotment date is likely be July 16.
Sahaj Solar listing date will likely be July 19. The issue is set to be listed the NSE SME index.
Solar solutions provider in the renewable energy generation business, Sahaj Solar IPO investor quotas are as follows: 35% for retail investors, 50% for QIB, and 15% for NII. Another important aspect for bidders to know beforehand is the Sahaj Solar IPO price. The range range has been set at Rs 171 to Rs 180 per share and the face value of each share is Rs 10.
Solar Sahaj also manufactures photovoltaic (PV) modules and provides EPC services. Sahaj Solar promoters are Pramit Bharatkumar Brahmbhatt, Manan Bharatkumar Brahmbhatt, and Varna Pramit Brahmbhatt.
Sahaj Solar IPO size is Rs 52.56 crore. It is an offer-for-sale with the company offering up to 2,920,000 equity shares.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Sahaj Solar IPO subscription on day 1 skyrocketed to 41x. And Sahaj Solar IPO GMP today has soared to Rs 185. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
