Sahaj Solar IPO, offering 29.2 lakh shares worth ₹52.56 crore, closed on July 15 with overwhelming demand, being subscribed 507 times.
Investors bid for over 98.81 crore shares, highlighting the company's strong appeal. Non-Institutional Investors subscribed 862.44 times, retail investors 534.26 times, and Qualified Institutional Buyers 214.26 times. The IPO price band was set at ₹171-₹180 per share. Allotment status will be finalized on July 16, with shares listing on NSE SME platform, Emerge, on July 19. Founded in 2010, Sahaj Solar excels in renewable energy solutions.