Sahaj Fashions Limited IPO: All You Need to Know

Sahaj Fashions Limited IPO: A Look at the Key Details

Sahaj Fashions Limited is a fabric manufacturing company based in Kishangarh, Rajasthan. The company was founded in 2011 and has been growing steadily since then. In the financial year 2022-23, the company's revenue was INR 120 crores and its profit was INR 10 crores.

The company is now looking to raise INR 13.20 crores through an initial public offering (IPO). The IPO will open on August 21, 2023, and close on August 24, 2023. The shares will be listed on the National Stock Exchange (NSE) SME platform.

Know more about Sahaj Fashions Limited IPO.

The IPO is being managed by Bigshare Services Pvt Ltd. The price band for the IPO is fixed at INR 30 per share. The minimum investment amount is INR 1200 (30 x 40).

The proceeds from the IPO will be used to fund the company's working capital requirements, prepayment of certain secured borrowings, and general corporate purposes.

Here are some of the key details of the Sahaj Fashions Limited IPO:

• Issue size: INR 13.20 crores

• Price band: INR 30 per share

• Minimum investment amount: INR 1200

• Opening date: August 21, 2023

• Closing date: August 24, 2023

• Listing date: TBD

The IPO is open to all investors, including retail investors, high-net-worth individuals, and qualified institutional buyers.

The company has a strong track record of growth and profitability. It is also well-positioned to benefit from the growing demand for fabric in India. However, the company faces some challenges, such as competition from other fabric manufacturers and the volatility of the textile industry.

Overall, the Sahaj Fashions Limited IPO is a good opportunity for investors who are looking to invest in the textile industry. However, investors should carefully evaluate the risks and rewards before investing.

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