Sahaj Fashions Limited is engaged in manufacturing of high standard fabric which is used for various purposes such as garments,
home furnishings, and industrial applications, etc.
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.
Sahaj Fashions IPO – Details
| IPO Opening Date | 25 August 2023 |
| IPO Closing Date | 29 August 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 46,52,000 Shares Worth ₹13.96 Crore Fresh Issue: 44,76,000 Shares Worth ₹13.43 Crore Offer for Sale: 1,76,000 Shares Worth ₹0.53 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 Schedule
| IPO Open Date | 25 August 2023 |
| IPO Close Date | 29 August 2023 |
| Basis of Allotment | 01 September 2023 |
| Initiation of Refund | 04 September 2023 |
| Credit of Shares to Demat Account | 05 September 2023 |
| IPO Listing Date | 06 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on 29 Aug, 2023 |
Sahaj Fashions IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 4000 | 1,20,000 |
| Retail (Maximum) | 1 | 4000 | 1,20,000 |
| HNI (Minimum) | 2 | 8000 | 2,40,000 |
Competitive Strengths
- Experienced Promoters and proficient management team with low attrition rates;
- Established growth since the beginning of operations;
- Leveraging the experience of the Promoters;
- Long standing relationship with the customers & Suppliers;
- Location of Manufacturing units;
- Quality Assurance & Control.
Company Promoters
- Mr. Rohit Toshniwal
- Ms. Sadhana Toshniwal
- Mr. Norat Mal Choudhary
- Ms. Prabha Lakhotia
Object Of The Issue
- Debt Repayment.
- Funding Working Capital Requirements.
- General Corporate Purposes.
- Offer Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2020 | 99.33 | 93.50 | 0.29 | 10.19 |
| 31 March 2021 | 74.75 | 69.17 | 0.32 | 16.08 |
| 31 March 2022 | 86.98 | 81.44 | 0.42 | 17.95 |
| 30 November 2022 | 61.12 | 55.08 | 2.14 | 15.88 |
Sahaj Fashions IPO Promoter Holding
| Pre Issue Share Holding | 97.95% |
| Post Issue Share Holding | – |
Sahaj Fashions IPO Prospectus
Company Contact Information
| Sahaj Fashions Limited Shree Bhawan, Ajmer Road, Madanganj, Kishangarh – 305801 Phone: +91 9462788792 Email: cfo@sahajfashions.in Website: https://sahajfashions.in/ |
Sahaj Fashions IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Sahaj Fashions IPO Lead Manager(s)
| 1. Khambatta Securities Limited |
Sahaj Fashions IPO FAQs
| What is Sahaj Fashions IPO? Sahaj Fashions IPO is a SME IPO. The issue is priced at ₹30 per equity share. The IPO is to be listed on NSE SME. |
| When Sahaj Fashions IPO will open? The IPO is to open on 25 August 2023 for NII and Retail Investors. |
| How to Sahaj Fashions IPO? You can apply Sahaj Fashions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Sahaj Fashions IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Sahaj Fashions”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Sahaj Fashions IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Sahaj Fashions”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Sahaj Fashions IPO Size? Sahaj Fashions IPO size is ₹13.96 crores. |
| What is Sahaj Fashions IPO Price Band? Sahaj Fashions IPO Price Band is ₹30. |
| What is Sahaj Fashions IPO Minimum and Maximum Lot Size? The minimum bid is 4000 Shares with ₹1,20,000 amount while the maximum bid is 4000 shares with ₹1,20,000. |
| What is the Sahaj Fashions IPO Allotment Date? Sahaj Fashions IPO allotment date is 04 September 2023. |
| What is the Sahaj Fashions IPO Listing Date? Sahaj Fashions IPO listing date is 06 September 2023. The IPO is to list on NSE SME. |
