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.

What is the current subscription status of Sahaj Solar Limited IPO?

Sahaj Solar Limited IPO has received a total subscription of 513.15 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Sahaj Solar Limited

ListedSME

Energy / Renewable Energy · NSE

Sahaj Solar Limited, founded in 2010, is a leading renewable energy solutions provider with three key business units. The company operates a state-of-the-art PV module manufacturing facility in Bavla, Ahmedabad, Gujarat, spanning 2,883.77 square meters, including 2,445.5 square meters of factory and office space, with a production capacity of 100 MW. This automated facility manufactures mono and polycrystalline PV modules, including advanced mono PERC modules, catering to domestic and international solar projects. Additionally, Sahaj Solar offers solar water pumping systems and end-to-end EPC services, covering design, supply, installation, testing, commissioning, and maintenance for projects of all sizes. As of September 30, 2023, the company employed over 64 professionals across various departments, reinforcing its expertise in the solar energy sector.

Price Band

₹171 – ₹180

Issue Size

₹52.56 Cr

Lot Size

800 shares

GMP

₹250

+138.9%

Est. Listing

₹430

at current GMP

Subscribed

513.15x

overall

Open

11 Jul 2024

15 Jul 2024

Allotment

16 Jul 2024

Refund

17 Jul 2024

Demat Credit

18 Jul 2024

Listing

19 Jul 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

513.15x

Total Demand

QIB Multiplier

214.27x

Institutions & Funds

NII / HNI

862.45x

High Net-Worth

Retail (RII)

534.26x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 513.15x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	550,400	117,933,600	214.27x
NIB	412,800	356,019,200	862.45x
RETAIL	962,400	514,175,200	534.26x
Total	1,925,600	988,128,000	513.15x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 545.90x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,278	682,784	534.26x
HNIs (10L +)	8	6,900	862.45x
HNIs (2-10L)	39	33,636	862.45x
Total Applications	1,325	723,320	545.90x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Sahaj Solar Limited Public Issue & Market Profile

Sahaj Solar Limited is bringing an initial public offering (IPO) in the Energy / Renewable Energy sector with an aggregate issue size of ₹52.56 Crores. The shares are offered at a price band of ₹171 to ₹180 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,44,000 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 Schedule:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-07-18, while un-allotted funds or UPI block mandates will be released on 2024-07-17.

Frequently Asked Questions

What is Sahaj Solar Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Sahaj Solar Limited IPO is ₹250 per equity share. Based on the upper price band of ₹171 to ₹180 per equity share, the estimated listing price is ₹430 (+138.9% expected listing gain).

What is the expected profit per lot for Sahaj Solar Limited IPO?

With a lot size of 800 shares and current GMP of ₹250, the expected profit per application lot is approx ₹2,00,000 (+138.9% gain). Minimum application cost is approx ₹1,44,000.

What is the issue size and price band for Sahaj Solar Limited IPO?

The Sahaj Solar Limited IPO aggregate issue size is ₹52.56 Crores with an equity price band set at ₹171 to ₹180 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,44,000.

How can I check Sahaj Solar Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 513.15x (Retail: 534.26x, QIB: 214.27x, NII: 862.45x). You can track live multiples directly on our dedicated subscription page.

Where and when will Sahaj Solar Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-07-16. Investors can verify status using PAN card or application number.

When is the listing date for Sahaj Solar Limited IPO?

Sahaj Solar Limited shares are scheduled to list on NSE on 2024-07-19.