| Initial public offer of upto 29,20,000* equity shares of face value of
Rs. 10/- each (the "Equity Shares") of Sahaj Solar Limited ("The Company" or "The Issuer") at an offer price of Rs. [*] per equity share (including share premium of [*] per equity share) for cash, aggregating up to Rs. [*] crores ("Public Offer") out of which upto 1,46,400 equity shares of face value of
Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion") and upto 24,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the eligible employees of the company (the "Employee Reservation Portion"). The company, in consultation with the book running lead manager, offer a discount of upto Rs. [*] to eligible employees bidding in the employee reservation portion ("Employee Discount"). The public offer less market maker reservation portion & employee reservation portion i.e. offer of upto 27,49,600 equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.58% and 25.03% respectively of the post-issue paid-up equity share capital of the company.
Price Band: Rs.171 to Rs.180 per equity share of face value of Rs.10 each.
The floor price is 17.1 times of tha face value of and tha cap price is 18 times of the face value.
Bid can be made for a minimum of 800 equity share and in multiples of 800 equity share thereafter.
A Discount of 15 per equity share is being offered to eligible employees bidding in the employee reservation portion.
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