Sahaj Fashions Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,208,000 (47%) | — | ₹662 Cr |
| Retail | — | 2,208,000 (47%) | — | ₹662 Cr |
| Market Maker | — | 236,000 (5%) | — | ₹7 Cr |
| Σ Total | — | 4,652,000 (100%) | — | ₹13,956 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹120,000 |
| Retail (Max) | 13 | 52,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 28 Feb 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Revenue | 9,101 | 8,698 | 7,476 |
| Profit After Tax | 289 | 43 | 32 |
| Net Worth | 1,724 | 1,436 | 1,394 |
| Total Assets | 7,179 | 6,999 | 6,712 |
| Reserves & Surplus | 983 | 695 | 652 |
| Total Borrowing | 1,519 | 1,795 | 1,609 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Working Capital Requirement – 6.68
- Prepayment/repayment of certain secured borrowings availed by our Company – 4.20
- General Corporate Purpose – 1.95
Company Overview
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.