Sahaj Solar IPO Vs Aelea Commodities IPO

Sahaj Solar IPO Vs Aelea Commodities IPO: Investing in Initial Public Offerings (IPOs) can be an exciting opportunity. In this article, we will compare Sahaj Solar IPO and Aelea Commodities IPO. We’ll break down the details, dates, and financials of both offerings. This comparison will help potential investors make informed decisions.

Sahaj Solar IPO Vs Aelea Commodities IPO

Overview of Sahaj Solar IPO

Sahaj Solar IPO Details

  • Open Date: July 11, 2024
  • Close Date: July 15, 2024
  • Listing Date: July 19, 2024
  • IPO Size: ₹52.56 crores
  • Fresh Issue: 29.2 lakh shares
  • Price Band: ₹171 to ₹180 per share
  • Lot Size: 800 shares

Company Background

Sahaj Solar Limited specializes in renewable energy, focusing on solar solutions. Established in 2010, it manufactures photovoltaic (PV) modules and offers EPC services.

Objectives of the Issue

  • To meet working capital requirements.
  • General corporate purposes.

Overview of Aelea Commodities IPO

Aelea Commodities IPO Details

  • Open Date: July 12, 2024
  • Close Date: July 16, 2024
  • Listing Date: July 22, 2024
  • IPO Size: ₹51 crores
  • Fresh Issue: 53.69 lakh shares
  • Price Band: ₹91 to ₹95 per share
  • Lot Size: 1200 shares

Company Background

Founded in 2018, Aelea Commodities Limited focuses on trading agricultural products, especially cashew nuts. It sources products internationally and has a significant domestic market presence.

Objectives of the Issue

  • Purchase of plant and machinery.
  • General corporate purposes.

Key Comparisons Of Sahaj Solar IPO Vs Aelea Commodities IPO

Here’s a comparison of key aspects of both IPOs: Sahaj Solar IPO Vs Aelea Commodities IPO

FeatureSahaj Solar IPOAelea Commodities IPO
Open DateJuly 11, 2024July 12, 2024
Close DateJuly 15, 2024July 16, 2024
Listing DateJuly 19, 2024July 22, 2024
IPO Size₹52.56 crores₹51 crores
Fresh Issue29.2 lakh shares53.69 lakh shares
Price Band₹171 to ₹180 per share₹91 to ₹95 per share
Lot Size800 shares1200 shares

Financial Performance

Sahaj Solar Limited Financials

Financial Metric2023 (₹ Lakhs)2022 (₹ Lakhs)2021 (₹ Lakhs)
Revenue6,110.306,728.956,218.78
Profit After Tax207.48102.5070.58
Net Worth1,836.081,002.05927.45

Aelea Commodities Limited Financials

Financial Metric2024 (₹ Lakhs)2023 (₹ Lakhs)2022 (₹ Lakhs)
Revenue2,758.4711,014.4410,550.85
Profit After Tax280.36191.221,063.11
Net Worth4,875.323,383.003,060.89

Subscription and Allotment Details

Sahaj Solar IPO Subscription Status

  • Subscription Period: July 11 to July 15, 2024
  • Allotment Date: July 16, 2024
  • Refunds: July 18, 2024

Aelea Commodities IPO Subscription Status

  • Subscription Period: July 12 to July 16, 2024
  • Allotment Date: July 18, 2024
  • Refunds: July 19, 2024

Conclusion

In summary, both the Sahaj Solar IPO and the Aelea Commodities IPO present unique investment opportunities.

  • Sahaj Solar focuses on the growing renewable energy sector, offering a slightly higher price band.
  • Aelea Commodities operates in the agricultural trading market, focusing on cashew nuts and other commodities at a lower price point.

Potential investors should consider their risk appetite, market trends, and the financial health of the companies before making an investment decision. Always conduct thorough research or consult with a financial advisor.

FAQs: Sahaj Solar IPO Vs Aelea Commodities IPO

What are the opening dates for Sahaj Solar and Aelea Commodities IPOs?

Sahaj Solar IPO opens on July 11, 2024.
Aelea Commodities IPO opens on July 12, 2024.

When do the IPOs close?

Sahaj Solar IPO closes on July 15, 2024.
Aelea Commodities IPO closes on July 16, 2024.

What are the main business focuses of each company?

Sahaj Solar Limited specializes in sustainable energy solutions, focusing on photovoltaic modules and solar EPC services.
Aelea Commodities Limited focuses on trading agricultural products, primarily cashew nuts, along with other commodities like sugar and pulses.

Which exchange will the IPOs be listed on?

Sahaj Solar IPO will be listed on NSE SME.
Aelea Commodities IPO will be listed on BSE SME.

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