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News Details

16/08/2023 12:00

Sahaj Fashions announces launch of initial public offering

Sahaj Fashions Ltd. has announced public offering of 4656000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 20.00 per share. The gross proceeds of the issue are expected to be Rs 1,396.80 lakhs.

The company's initial public offer (IPO) will open on 21 August 2023 and is expected to close on 24 August 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 4656000 Equity Shares of the Company at an price of Rs 30.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 4000 shares with bids in multiples of 4000.

Sahaj Fashions Ltd. anticipates using the proceeds of the issue for .

as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.