Sahaj Solar Limited

About the company

## **About Sahaj Solar Limited** Founded in 2010, Sahaj Solar Limited stands at the forefront of the renewable energy industry, specializing in three key areas: PV module manufacturing, solar pumping systems, and EPC services. Headquartered in Bavla, Ahmedabad, Gujarat, India, the company's manufacturing plant spans approximately 2,883.77 square meters, with 2,445.5 square meters dedicated to factory and office spaces. This facility boasts a production capacity of 100 MW, enabling Sahaj Solar to deliver high-quality and affordable solar panels to its diverse clientele. Sahaj Solar's state-of-the-art, automated production facility manufactures both mono and polycrystalline PV modules. These modules cater to various solar projects across India and internationally. The plant's integrated manufacturing capabilities allow for the production of Mono PERC (Passivated Emitter and Rear Contact) modules, which achieve efficiencies of 21% or higher. Utilizing advanced Crystalline Photovoltaic Technology, Sahaj Solar can produce customized PV module sizes, reinforcing their reputation for reliability and innovation under the 'SAHAJ' brand. With nearly a decade of experience in renewable power generation, Sahaj Solar excels in providing comprehensive solar solutions. Their expertise extends beyond manufacturing to include a full suite of EPC (Engineering, Procurement, and Construction) services. These services encompass the design, supply, installation, testing, commissioning, and maintenance of solar projects of all sizes, from domestic installations to large-scale solar power plants. Additionally, Sahaj Solar designs and customizes solar mobile trolleys, addressing the unique needs of rural and remote areas. These trolleys are versatile, capable of powering solar water pumps, off-grid utilities, and other mobile electricity needs. Sahaj Solar's commitment to delivering reliable solar solutions is evident in their streamlined manufacturing processes and comprehensive service offerings. Their integrated approach to solar energy solutions, combined with their dedication to quality and innovation, positions them as a leader in the solar power market. As Sahaj Solar Limited prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Working Capital Requirements. 1. General Corporate Purposes.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   11 Jul 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   15 Jul 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   13 Jul 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   18 Jul 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   16 Jul 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   19 Jul 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.