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Sahaj Fashions Limited IPO (Sahaj Fashions IPO) Detail

August 25, 2023 - August 29, 2023

Sahaj Fashions IPO is a fixed price issue of Rs 13.96 crores. The issue is a combination of fresh issue of 44.76 lakh shares aggregating to Rs 13.43 crores and offer for sale of 1.76 lakh shares aggregating to Rs 0.53 crores.

Sahaj Fashions IPO bidding started from August 25, 2023 and ended on August 29, 2023. The allotment for Sahaj Fashions IPO was finalized on Friday, September 1, 2023. The shares got listed on NSE SME on September 6, 2023.

Sahaj Fashions IPO price is ₹30 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (8,000 shares) amounting to ₹240,000.

Khambatta Securities Limited is the book running lead manager of the Sahaj Fashions IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Sahaj Fashions IPO is Nnm Securities.

Refer to Sahaj Fashions IPO RHP for detailed information.

Sahaj Fashions IPO Details

IPO Date August 25, 2023 to August 29, 2023
Listing Date September 6, 2023
Face Value ₹10 per share
Price ₹30 per share
Lot Size 4000 Shares
Total Issue Size4,652,000 shares
(aggregating up to ₹13.96 Cr)
Fresh Issue4,476,000 shares
(aggregating up to ₹13.43 Cr)
Offer for Sale176,000 shares of ₹10
(aggregating up to ₹0.53 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding post issue13,168,160
Market Maker portion236,000 shares
Nnm Securities

Sahaj Fashions IPO Reservation

Sahaj Fashions IPO offers 4,652,000 shares. 2,208,000 (47.46%) to NII, 2,208,000 (47.46%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered236,000 (5.07%)
Other Shares Offered2,208,000 (47.46%)
Retail Shares Offered2,208,000 (47.46%)
Total Shares Offered4,652,000 (100%)

Sahaj Fashions IPO Timeline (Tentative Schedule)

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

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

Sahaj Fashions IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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

Sahaj Fashions IPO Promoter Holding

Mr. Rohit Toshniwal, Ms. Sadhana Toshniwal Mr. Norat Mal Choudhary, Ms. Prabha Lakhotia, Mr. Rakesh Choudhary, Mr. Mukul Lakhotia, and Mr. Nitin Toshniwal are the company's promoters.

Share Holding Pre Issue 97.95%
Share Holding Post Issue

About Sahaj Fashions Limited

Incorporated in 2011, Sahaj Fashions Limited manufactures fabric for garment making, home furnishings, and industrial applications.

The company manufactures cotton suiting fabric and cotton shirting fabric, polyester-based and cotton-polyster blended fabrics. It also manufactures cotton yarn-dyed fabrics which are its most in-demand product in the garment manufacturing industry.

Sahaj's product list includes Piece Dyed Shirtings, Cotton Yarn Dyed Shirtings, Cotton yarn dyed Chambray, and Cotton fabric for Self Designed Shirting from count 40s to 100s in the Shirtings segment; Cotton Spandex Fabric, Cotton Suiting Fabric, Cotton Dobby Designs, and Cotton Power Lycra Fabrics in the Suitings segment; Slub Yarn Fabrics and Linen Fabrics in the Fancy Fabrics segment; and Cotton Duck Fabric, Cotton Drill Fabric, Cotton Twill Fabric, and Cotton Tusser Fabric in the Industrial Cloth segment.

Sahaj Fashions' manufacturing unit is located on Kishangarh Bhilwara Express Highway i.e. NH 79, at village Srinagar District Ajmer.

The company recorded Rs. 9,097.58 Lakhs in total revenue for the financial periods ending February 28, 2023.

Company Financials

Sahaj Fashions IPO Financial Information (Restated)
Period Ended31 Mar 202031 Mar 202131 Mar 202228 Feb 2023
Profit After Tax27.1931.9042.64288.71
Net Worth1,361.631,393.531,435.781,724.07
Reserves and Surplus620.41652.32694.56982.85
Total Borrowing1,019.031,608.651,795.461,519.24
Amount in ₹ Lakhs

Objects of the Issue (Sahaj Fashions IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Working capital requirements including margin money,
  2. Prepayment/repayment of certain secured borrowings availed by the company,
  3. General corporate purpose and offer expenses.

Sahaj Fashions IPO Review (Avoid)

[Dilip Davda]  The company is operating in a highly competitive and fragmented segment. Though based on its super performance for FY23, the issue appears fully priced, on the basis of its inconsistent financial performance so far, the issue appears greedily priced. There is no harm in skipping this “High Risk/Low Return” bet. Read detail review...

Sahaj Fashions IPO Subscription Status (Bidding Detail)

The Sahaj Fashions IPO is subscribed 7.75 times on August 29, 2023 7:29:00 PM. The public issue subscribed 11.72 times in the retail category, times in the QIB category, and 3.78 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Total Application : 6,468 (11.72 times)

Sahaj Fashions IPO Prospectus

Sahaj Fashions IPO Rating

Rating:Rated 2.3 stars
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Sahaj Fashions IPO Listing Details

Listing Date September 6, 2023
BSE Script Code
ISIN INE013901017
Final Issue Price ₹30 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Sahaj Fashions Limited Contact Details

Sahaj Fashions Limited
Shree Bhawan, Ajmer Road,
Madanganj, Kishangarh - 305801

Phone: +91 9462788792

Sahaj Fashions IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Sahaj Fashions IPO - Buy or Not

Sahaj Fashions IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 1 2 0

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Sahaj Fashions IPO FAQs

Sahaj Fashions IPO is a SME IPO of 4,652,000 equity shares of the face value of ₹10 aggregating up to ₹13.96 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000 Shares.

The IPO opens on August 25, 2023, and closes on August 29, 2023.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Sahaj Fashions IPO using UPI as a payment gateway. Zerodha customers can apply in Sahaj Fashions IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Sahaj Fashions IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Sahaj Fashions IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

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

Sahaj Fashions IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.

You can apply in Sahaj Fashions IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Sahaj Fashions IPO will be done on Friday, September 1, 2023, and the allotted shares will be credited to your demat account by Tuesday, September 5, 2023. Check the Sahaj Fashions IPO allotment status.

The Sahaj Fashions IPO listing date is on September 6, 2023.
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Sahaj Fashions IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



71. IPOmentor |   Link |  Bookmark |September 13, 2023 12:40:58 PM
एक आईपीओ लगा था उसमें भी सहज सहज में लोअर सर्किट लग जाती है। क्या करें सब किस्मत का खेल है। बोलो इसमें क्या करना है लॉस बुक कर लूं या सहज ठहर जाऊं।
70. Anuj agarwal |   Link |  Bookmark |September 6, 2023 9:34:28 PM (300+ Posts)
Jitna jaldi and sahajta se nikal jaoge isme fayde mein rahoge.. no moat here...warnin sign...
69. Old.Fox |   Link |  Bookmark |September 6, 2023 3:06:45 PM
IPO Mentor IPO Mentor (700+ Posts, 300+ Likes)
With utmost sahajta, Sahaj has been holding fort since morning....

Let's see how it progresses from here......slow and steady??
68. AMIT IND |   Link |  Bookmark |September 6, 2023 10:02:48 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
May end up in Lower circuit
67. M Gupta |   Link |  Bookmark |September 6, 2023 9:16:35 AM
IPO Guru IPO Guru (1000+ Posts, 3100+ Likes)
I dint apply
Thought this as risky
But screen pe to zabar game ho gaya
67.5. Kapz |   Link |  Bookmark |September 6, 2023 9:54:35 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
@sahab thanks for your kind words. I wish I could feel the same for myself 😁!
67.6. Kapz |   Link |  Bookmark |September 6, 2023 9:55:25 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
There are many on this forum who are thorough experts and gentlemen! Learnt a lot from everyone 🙏
66. AMIT IND |   Link |  Bookmark |September 6, 2023 9:50:08 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
@ 31 still a reasonable listing. Didn't open in discount
65. MAMU |   Link |  Bookmark |September 6, 2023 9:44:29 AM
IPO Guru IPO Guru (1700+ Posts, 1100+ Likes)
31 🔻
64. sahab |   Link |  Bookmark |September 6, 2023 9:27:24 AM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
Khambatta Securities Limited is world best broker.
it will list above 48
64.1. sahab |   Link |  Bookmark |September 6, 2023 9:43:09 AM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
bhai 40 tak to ker de
kuch to izzat rak apni
63. Udayk |   Link |  Bookmark |September 6, 2023 9:33:26 AM (200+ Posts)
62. M Gupta |   Link |  Bookmark |September 6, 2023 9:15:53 AM
IPO Guru IPO Guru (1000+ Posts, 3100+ Likes)
Sahaj khela karega?
61. Priyankk |   Link |  Bookmark |September 6, 2023 9:08:29 AM
Listing around 45 🤩
61.1. M Gupta |   Link |  Bookmark |September 6, 2023 9:11:38 AM
IPO Guru IPO Guru (1000+ Posts, 3100+ Likes)
Agar ho gaya to samjho gajab game ho gaya
60. Udayk |   Link |  Bookmark |September 4, 2023 6:16:20 PM (200+ Posts)
Latest GMP??
60.1. Priyankk |   Link |  Bookmark |September 4, 2023 7:53:02 PM
10% gmp... But it'll open higher
59. kapildevsharma |   Link |  Bookmark |September 4, 2023 2:19:02 PM
sell in pre open noting good in co pany
58. Gem picker |   Link |  Bookmark |September 3, 2023 11:14:57 PM
3 Rs GMP going on... alloted here LM is one of the best of for decent listing....
58.1. Jammu |   Link |  Bookmark |September 4, 2023 9:18:02 PM
@Gem picker,sir how ru? Ru still holding All e technology? Any other good stock on ur Radar? Thanks for ur valuable input
57. curtiss |   Link |  Bookmark |September 3, 2023 7:32:47 AM
Should list positive in this good market.
56. Udayk |   Link |  Bookmark |September 1, 2023 9:06:08 PM (200+ Posts)
@Noorul Any GMP in this counter?
55. Noorul |   Link |  Bookmark |September 1, 2023 7:14:12 PM
Got allotment here.
Good company from Rajasthan.
Promoters are good and genuine.
I m expecting positive listing.
55.8. Riyansh |   Link |  Bookmark |September 6, 2023 10:47:59 AM (200+ Posts)
@Noorul Have u studied Market Maker performance before applying ? Is there some unknown special in company ? share if possible.
55.9. Anuj agarwal |   Link |  Bookmark |September 6, 2023 12:20:35 PM (300+ Posts)
@Noorul Baal baal bache hai sab😆... too many games goin on in sme... pramara dekhna ab.. ek do din mein ...isko pesimsm listin hi bolenge waise
54. rsk |   Link |  Bookmark |September 1, 2023 6:48:39 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Kotak has sent mail.
53. Sagarwala |   Link |  Bookmark |September 1, 2023 4:02:36 PM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
What's the latest buzz here?
53.1. Basuvr |   Link |  Bookmark |September 1, 2023 6:33:08 PM
IPO Guru IPO Guru (1800+ Posts, 1000+ Likes)
Unblock message recd from Kotak, applied in NII
53.2. Sagarwala |   Link |  Bookmark |September 1, 2023 6:45:11 PM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
Yep, allotment out already in the site.
0/1 in retail. Best of luck to all the allottees. Might be an interesting listing for learning and Education purpose!!
52. Udayk |   Link |  Bookmark |September 1, 2023 6:33:39 PM (200+ Posts)
Allotted 1.any GMP?