What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Sahaj Fashions Limited IPO allotment date?

The basis of allotment for Sahaj Fashions Limited IPO is scheduled to be finalized on 1 Sep 2023.

Where can I check Sahaj Fashions Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 2 Sep 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Sahaj Fashions Limited

ListedSME

Textiles & Apparel · NSE

Incorporated in 2011, Sahaj Fashions Limited is engaged in manufacturing various types of fabrics used in garments, home furnishing, and industrial applications. The company produces cotton suiting and shirting fabrics, polyester and cotton-polyester blended fabrics, and its most in-demand product – cotton yarn-dyed fabrics. Sahaj offers a wide range of shirtings, suitings, fancy fabrics, and industrial cloth, catering to different textile needs. Its manufacturing unit is located at Srinagar, District Ajmer, on the Kishangarh–Bhilwara Express Highway (NH 79). In FY 2022, the company recorded total revenue of ₹6,998.59 Lakhs.

Price Band

₹30

Issue Size

₹13.20 Cr

Lot Size

4000 shares

GMP

₹3

+10.0%

Est. Listing

₹33

at current GMP

Subscribed

7.79x

overall

Open

25 Aug 2023

29 Aug 2023

Allotment

1 Sep 2023

Refund

2 Sep 2023

Demat Credit

3 Sep 2023

Listing

6 Sep 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Sahaj Fashions Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

1 Sep 2023

Basis finalization

Refunds Initiate

2 Sep 2023

Mandate release

Demat Credit

3 Sep 2023

Shares in demat

Listing Debut

6 Sep 2023

Trading begins

About Sahaj Fashions Limited Public Issue & Market Profile

Sahaj Fashions Limited is bringing an initial public offering (IPO) in the Textiles & Apparel sector with an aggregate issue size of ₹13.2 Crores. The shares are offered at a price band of ₹30 to ₹30 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-09-03, while un-allotted funds or UPI block mandates will be released on 2023-09-02.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.