
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
+10.0%
Est. Listing
₹33
at current GMP
Subscribed
7.79x
overall
Open
25 Aug 2023
Close
29 Aug 2023
Allotment
1 Sep 2023
Refund
2 Sep 2023
Demat Credit
3 Sep 2023
Listing
6 Sep 2023
Overall Subscription
7.79x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
3.87x
High Net-Worth
Retail (RII)
11.71x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 2,208,000 | 8,552,000 | 3.87x |
| RETAIL | 2,208,000 | 25,864,000 | 11.71x |
| Total | 4,416,000 | 34,416,000 | 7.79x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 385 | 4,508 | 11.71x |
| HNIs (10L +) | 2 | 8 | 3.87x |
| HNIs (2-10L) | 12 | 46 | 3.87x |
| Total Applications | 399 | 4,562 | 11.43x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Sahaj Fashions Limited IPO is ₹3 per equity share. Based on the upper price band of ₹30 to ₹30 per equity share, the estimated listing price is ₹33 (+10.0% expected listing gain).
With a lot size of 4000 shares and current GMP of ₹3, the expected profit per application lot is approx ₹12,000 (+10.0% gain). Minimum application cost is approx ₹1,20,000.
The Sahaj Fashions Limited IPO aggregate issue size is ₹13.2 Crores with an equity price band set at ₹30 to ₹30 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 7.79x (Retail: 11.71x, QIB: 0.00x, NII: 3.87x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-09-01. Investors can verify status using PAN card or application number.
Sahaj Fashions Limited shares are scheduled to list on NSE on 2023-09-06.