IPO Details

Bidding Dates

25 Aug '23 - 29 Aug '23

Minimum Investment

₹120,000 / 1 Lots ( 4000 Shares )

Price Range


Maximum Investment

₹120,000 / 1 Lots ( 4000 Shares )

Retail Discount

Not Applicable

Issue Size

₹13.96 Cr

Investor category and sub category

Qualified Institutional Buyers  |   Non-Institutional Investors  |   Retail Individual Investors  |  

Sahaj Fashions IPO Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Aug 25, 2023

IPO Closing Date

Aug 29, 2023

Basis of Allotment

Sep 1, 2023

Initiation of Refunds

Sep 4, 2023

Credit of Shares to Demat Account

Sep 5, 2023

IPO Listing Date

Sep 6, 2023

UPI mandate confirmation

Aug 29, 2023

About Company

Sahaj Fashions Limited was incorporated on May 20, 2011, and is involved in manufacturing fabric used for various purposes, such as garments, home furnishings, industrial applications, etc. The company has decent experience in manufacturing cotton suiting fabric and shirting fabric apart from polyester-based and cotton-polyester blended fabrics. The company operates through a manufacturing facility located at Kishangarh, Rajasthan.

The company mainly earns revenue through a B2B (business-to-business) model whereby customers buy the fabric to sell them further or produce suitings, shirtings, trousers, blazers, etc. In the past few years, the company witnessed decent growth in the net profit on the back of ample demand for cotton suiting fabric in global and domestic markets.

India is the second-largest producer of textiles and garments globally, with a 4% share of the global trade in textiles and apparel. In addition, India is the largest cotton producer in the world, with a contribution of 23%. The company might get benefit in export space as ready-made garment exports are likely to witness a CAGR of 12-13% by 2027.

Sahaj Fashions Limited IPO Details

Sahaj Fashions IPO Date

Sahaj Fashions Limited is a fresh issue and offer-for-sale IPO comprising 46,52,000 shares. It is a fixed price Issue IPO. Retail investors can bid for the Sahaj Fashions Limited IPO. The issue will open on August 25th, 2023, and close on August 29th, 2023.

Sahaj Fashions IPO Price Band

The price range of the IPO has been fixed at ₹30 per share.

Sahaj Fashions IPO Lot Size

The Sahaj Fashions Limited IPO lot size is 4,000 shares, and the minimum investment will be ₹1,20,000.

Sahaj Fashions IPO Objectives 

The objectives of Sahaj Fashions Limited IPO are listed below:

  • For working capital requirements including margin money,
  • For the prepayment/repayment of certain secured borrowings.
  • For general corporate purposes and offer expenses.

Peer Details

Some of the major peers of Sahaj Fashions Limited include the following:

  1. Arvind Limited

  2. RSWM Limited

  3. Vardhman Textiles Limited

Strengths and Opportunities 

  1. The company uses machines from Japan and Germany for production as it operates in an industry where machinery technology plays a key role. 
  2. The foundation of the textile business model is a repeat order, where the company has performed exceptionally. This was backed by its initiatives for customer satisfaction.
  3. The company carries out its business growth with the help of a diversified product portfolio. This would support the business in maintaining growth in the event of falling numbers from a particular product.
  4. The future plans for the business include expanding through investments in new Airjet facilities to serve the shirting market and exporting grey shirting materials.

Risks and Threats

  1. The company’s whole business is fully dependent on a single facility. The revenue growth could be adversely impacted by any slowdown or shutdown due to any unforeseen event.
  2. The business has no long-term contracts with its suppliers or clients, so the loss of one or more of them or a decline in their demand for its goods could have a negative impact on our operations, financial position, and cash flow. 
  3. The company is highly reliant on third parties for logistics related to the delivery of its products. 
  4. The company possesses a high volume of inventory, which could affect the business growth moving forward.

How To Check the Allotment Status of the Sahaj Fashions Limited IPO?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app.
  • Validate with an OTP
  • Enter your application number, DP ID, and PAN number into the app.
  • Click on ‘Submit’

Contact Details of Sahaj Fashions Limited

Registered office: Shree Bhawan Ajmer Road, Madanganj, Kishangarh 305801, Rajasthan, India

Phone:  +91 9462788792

E-mail: cfo@sahajfashions.in

IPO Financials

Particulars Period Ending on Feb, 28th 2023 (₹ lakh) Year ending on March, 31st 2022 (₹ lakh) Year ending on March, 31st 2021 (₹ lakh)
Total Income 9,101.07 8,698.36 7,475.54
Profit After Tax (PAT) 289.75 41.90 32.14
Fixed Asset Turnover Ratio (x) 11.04 9.50 7.38
Debt Equity Ratio (x) 2.33 2.95 2.88
Current Ratio (x) 1.62 1.62 1.54
  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Sahaj Fashions IPO FAQs

What is Sahaj Fashions Limited’s IPO?

Sahaj Fashions Limited  is a fresh issue and offers for sale IPO comprising 46,52,000 shares. It is a fixed-price issue IPO. 

When will Sahaj Fashions Limited’s IPO be allotted?

The Basis of Allotment will be on September 01, 2023.

When will Sahaj Fashions Limited’s IPO open for subscription?

The IPO subscription window will open on August 25, 2023.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When will Sahaj Fashions Limited list on exchanges?

Sahaj Fashions Limited IPO will list on NSE SME. The date of listing is September 06, 2023.

How do I check the allotment status of the Sahaj Fashions Limited IPO?

 Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Validate with an OTP
  • Enter your application number, DP ID, and PAN number into the app.
  • Click on ‘Submit’

What would be the listing gains on the Sahaj Fashions Limited IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.

I have finished the application process for the Sahaj Fashions Limited IPO, but the funds still need to be debited. What is the reason?

Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.

How do I approve the UPI mandate request for Sahaj Fashions Limited ’s IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Sahaj Fashions Limited using one PAN?

You can submit only one application using your PAN card.