Sahaj Fashions Limited

Company Profile
Company Name Sahaj Fashions Limited
Open Date 25-08-2023
Close Date 29-08-2023
Exchange NSE SME
Lot Size 4000 Shares
Issue Price ₹30 per share
Issue Size 4,652,000 Equity shares
Application Amount ₹120,000
Recommendation Avoid
Company was incorporated in the year 2011 and is engaged in manufacturing of high standard fabric which is used for various purposes such as garments, home furnishings, and industrial applications, etc. Companyhas expertise in manufacturing of primarily cotton suiting fabric and cotton shirting fabric apart from polyster based and cotton-polyster blended fabrics and also manufactures cotton yarn dyed fabrics which isalways in demand by the garment manufacturing industry. At present sales have penetrated home state ofRajasthan as well as some other states like Gujarat, Maharashtra and Delhi. In the year 2014, Company exposed product to international markets through Merchant Exporters in which company do not have to face the risk of forex fluctuation. In 2015, company decided to enter into expansion with backward integration which is a pre-process of fabric weaving. As a result, company installed and commissioned further machinery of Textile Preparatory (Sizing Machine Plant) in manufacturing facility in Rajasthan thereby improving the quality and timely delivery of the orders.
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Summary of Financials (All financials in Lakh)

For the Period Ended Feb-23 Mar-22 Mar-21
Total Assets 7,179.34 6,998.59 6,711.23
Net Assets 1,724.07 1,435.78 1,393.54
Total Borrowings 4,016.40 4,243.75 4,026.58
Total Revenue 9,101.07 8,698.36 7,475.54
Profit After Tax 288.71 42.64 31.90

Tentative Timeline

Opening Date 25-08-2023
Closing Date 29-08-2023
Basis of Allotment 01-09-2023
Initiation of Refunds 04-09-2023
Credit of Shares to Demat 05-09-2023
Listing Date 06-09-2023

Objects of the Issue

Working capital requirements including margin money.
Prepayment/repayment of certain secured borrowings availed by the company
General corporate purpose and offer expenses

Contact Information

Registered Office Sahaj Fashions Limited Shree Bhawan, Ajmer Road, Madanganj, Kishangarh - 305801
Phone +91 9462788792

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Other Shares Offered 50%
Retail Shares Offered Not less than 50.00% of the Offer

Shareholding Pattern

Pre Issue Share Holding 97.95%
Post Issue Share Holding 2.05%

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