Sahaj Fashions IPO GMP, Review, date , Price, Allotment

Sahaj Fashions IPO GMP, Review, date , Price, Allotment

Sahaj Fashions IPO
Sahaj Fashions IPO

Sahaj Fashions limited about company 

 is engaged in production of excessive preferred cloth that is used for numerous functions consisting of garments, domestic furnishings, and commercial applications, etc.

 The enterprise manufactures cotton suiting cloth and cotton shirting cloth, polyester-primarily based totally and cotton-polyster combined fabric

. It additionally manufactures cotton yarn-dyed fabric which might be its maximum in-call for product withinside the garment production industry. Sahaj’s product listing consists of Piece Dyed Shirtings, Cotton Yarn Dyed Shirtings, Cotton yarn dyed Chambray, and Cotton cloth for Self Designed Shirting from rely 40s to 100s withinside the Shirtings segment; Cotton Spandex Fabric, Cotton Suiting Fabric, Cotton Dobby Designs, and Cotton Power Lycra Fabrics withinside the Suitings segment; Slub Yarn Fabrics and Linen Fabrics withinside the Fancy Fabrics segment; and Cotton Duck Fabric, Cotton Drill Fabric, Cotton Twill Fabric, and Cotton Tusser Fabric withinside the Industrial Cloth segment

. Sahaj Fashions’ production unit is positioned on Kishangarh Bhilwara Express Highway i.e. NH 79, at village Srinagar District Ajmer.

 

Sahaj Fashions IPO – Details

 

IPO Opening Date 25 August 2023
IPO Closing Date 29 August 2023
Issue Type Fixed Price Issue IPO
Issue Size 46,56,000 Shares Worth ₹11.64 Crore

Fresh Issue: 44,82,000 Shares Worth ₹11.21 Crore

Offer for Sale: 1,74,000 Shares Worth ₹0.43 Crore

Face Value ₹10 per equity share
IPO Price ₹30
Market Lot 4000 Share
Min Order 4000 Share (1 Lot)
Listing At NSE SME
Register Bigshare Services Pvt Ltd
Other Shares Offered 50%
Retail Shares Offered 50%

Sahaj Fashions IPO – Date 

IPO Open Date 25 August 2023
IPO Close Date 29 August 2023
Basis of Allotment September 2023
Initiation of Refund September 2023
Credit of Shares to Demat Account September 2023
IPO Listing Date September 2023

Sahaj Fashions- Financial in cr.

  FY 2020 FY 2021 FY 2022 8M FY 2023
Revenue 99.31 74.71 86.96 61.09
Expenses 93.51 69.17 81.44 55.09
Net income 0.29 0.32 0.42 2.14

Object Of The Issue

  • General Corporate Purposes.
  • Offer Expenses
  • Debt Repayment.
  • Funding Working Capital Requirements
Competitive Strengths
  • Air Jet Looms:
    We have state of art technology looms from Japan in the form of Tsudakoma Airjet Looms for ensuring best quality fabric production at high speed. We have production capacity of 6 Million Meters of Fabric annually.
  • Compressors:
    We have German make compressors from Kaser for ensuring supply of best quality of air.
  • Humidification Plant:
    We have installed Best Humidification plant available in the industry to suit cotton fabric manufacturing at high speed. The plant is installed by Wind Water Systems.
  • Sectional Warping:
    We have installed best in class sectional warping machine from Prashant Gamatex which is suitable for various weaving preparatory jobs for different qualities of fabrics.

Sahaj Fashions IPO FAQs

What is Sahaj Fashions Offer size?

Sahaj Fashions offer size is INR 13.20 crores.

What is the Sahaj Fashions offer price band?

Sahaj Fashions public offer price is INR 30 per share.

What is the lot size of Sahaj Fashions public offer?

Sahaj Fashions offer lot size is 4,000 shares.

 

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