The traditional Gujarati calendar follows Vikram Samvat Calendar system with the exception that instead of Chaitra Sukhladi, the Gujarati people celebrate the day after Diwali as Gujarati New Year.

It is observed on the Panchami (5th day) during the ‘Shukla Paksha’ (the waxing phase of moon) in month of Kartik of the traditional Gujarati calendar. This day is also known as Saubhagya Panchami or ...