Sahasra Electronics Solutions IPO
Sahasra Electronics Solutions is an NSE SME IPO listed on the NSE SME platform, priced at ₹269–₹283 per share. The stock debuted at ₹537.7, delivering a listing gain of 90.0%. The IPO had a lot size of ₹400 shares and a minimum investment of ₹1,13,200.
Sahasra Electronics Solutions Limited IPO
- IPO Dates
- Sep 26, 2024 – Sep 30, 2024
- Price band
- ₹269-283 per equity share
- Minimum Investment
- ₹1,13,200
- Issue size
- ₹186.16 Cr
- Lot size
- 400
- Allotment Date
- Oct 1, 2024
- Listing
- Oct 4, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 26, 2024
Open Date
Completed
-
Sep 30, 2024
Close Date
Completed
-
Oct 1, 2024
Allotment Date
Completed
-
Oct 4, 2024
Listing Date
Completed
Sahasra Electronics Solutions IPO Essentials
Sahasra Electronics Solutions IPO Details
Sahasra Electronics Solutions IPO is priced at ₹269-283 per share with a total issue size of 186.16 crore. The IPO has a lot size of 400 shares and is listed on NSE SME.
- Issue price
- ₹269-283 per equity share
- Lot size
- 400 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,578,000 shares(aggregating up to ₹186.16 Cr)
- Total issue size
- 65,78,000 shares
(aggregating up to ₹186.16 crore) - Fresh issue
- 60,78,000 shares
(aggregating up to ₹172.01 crore) - Offer for sale (OFS)
- 5,00,000 shares
(aggregating up to ₹14.15 crore) - Listing at
- NSE SME
- List price
- 537.7
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Hem Securities Limited
Market Lot Size
Investors can bid for a minimum of 400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 400 | ₹1,13,200 |
| Retail(max) | 1 | 400 | ₹1,13,200 |
| NII (min) | 2 | 800 | ₹2,26,400 |
Sahasra Electronics Solutions IPO Documents
Sahasra Electronics Solutions IPO Reservation
Sahasra Electronics Solutions IPO reservation details show category-wise allocation of shares. Out of the total 65,78,000 shares, approximately 19% are reserved for QIB, 14.26% for NII, 33.25% for retail investors, 5% for market maker, and 28.49% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 18,74,000 (28.49%) | |
| Market Maker Shares Offered | 3,29,000 (5%) | |
| QIB Shares Offered | 12,49,600 (19%) | |
| NII (HNI) Shares Offered | 9,38,200 (14.26%) | |
| Retail Shares Offered | 21,87,200 (33.25%) | |
| Total Shares Offered | 65,78,000 (100%) |
Sahasra Electronics Solutions IPO Analytics
Sahasra Electronics Solutions IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Sahasra Electronics Solutions IPO Subscription Status
Sahasra Electronics Solutions IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,249,600 / 938,200 | 2,187,200 | 4,375,000 |
|
Day 1
26-09-24 06:00 PM
|
(6.38 / 2.70) x | 5.34 x | 5.07 x |
|
Day 2
27-09-24 06:00 PM
|
(8.60 / 12.95) x | 17.42 x | 13.94 x |
|
Day 3
30-09-24 06:00 PM
|
(100.80 / 260.81) x | 74.86 x | 122.13 x |
Sahasra Electronics Solutions Valuations
Earnings
- EPS Pre IPO
- ₹17.25/-
- EPS Post IPO
- ₹12.8/-
- P/E Pre IPO
- 16.41
- P/E Post IPO
- 22.11
Returns
- ROE
- 54.09%
- ROCE
- 42.50%
- RoNW
- 54.09%
- PAT Margin
- 32.26
Fundamentals
- Debt / Equity
- 0.36
Sahasra Electronics Solutions Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 10,804.36 | 4,820.23 | N/A |
| Revenue | 10,278.79 | 1,063.91 | N/A |
| Profit After Tax | 3,262.77 | 230.55 | N/A |
| Net Worth | 6,031.69 | 2,027.5 | N/A |
| Reserves & Surplus | 4,140.21 | 230.55 | N/A |
| Total Borrowing | 2,171.89 | 689.84 | N/A |
Sahasra Electronics Solutions Company & Offer Insights
About Sahasra Electronics Solutions
Sahasra Electronic Solutions Limited, incorporated in February 2023, is an ESDM company located in Noida. This company specializes in PCBAs and box build solutions, LED lighting solutions, and computer & IT accessories for the automotive, medical, IT, and consumer products industries, among others.
Sahasra operates out of its EN 9100:2018-certified facility with 1.8 million units of manufacturing capacity per annum and is following the global quality level. In FY 2024, it exported more than 80% of the products to countries such as the USA, UK, Germany, and Canada, highlighting a good international presence.
Sahasra delivers high quality, efficiency, and reliability, empowering global businesses with the skillful workforce of 160 employees. With its innovative approach, the company strives to give cutting-edge solutions.
Sahasra Electronics Solutions Promoter(s)
Amrit Lal Manwani, Arunima Manwani, Varun Manwani are the company's promoters of Sahasra Electronics Solutions.
Sahasra Electronics Solutions IPO Issue Objectives
- •
- Funding Capital Expenditure towards the installation of additional plant and machinery at a new manufacturing facility situated at Bhiwadi, Rajasthan
- •
- Investment in the Subsidiary, Sahasra Semiconductors Private Limited, for financing its capital expenditure requirements for the installation of additional plant and machinery
- •
- To Meet Working Capital Requirements
- •
- General Corporate Purposes.
Sahasra Electronics Solutions IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Sahasra Electronics Solutions Limited | 18.05 | 18.05 | N/A | 16.41 | 54.09 | N/A | Restated Financial Statements for FY 2023-24 |
| Kaynes Technology India Limited | 30.63 | 30.63 | N/A | 181.56 | 7.37 | N/A | Restated Financial Statements for FY 2023-24 |
| Trident Techlabs Limited | 5.52 | 5.52 | N/A | 153.99 | 20.12 | N/A | Restated Financial Statements for FY 2023-24 |
Notes:
- The Earnings Per Share (EPS), Net Asset Value (NAV), Return on Net Worth (RoNW), and revenue from operations of the company are taken from the Restated Financial Statement for the Financial Year 2023-24, adjusted with the effect of Bonus Issue.
- RoNW is calculated as the net profit after tax divided by the closing net worth. Net worth is computed in accordance with Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.
Contact Information
Contact Details
Sahasra Electronics Solutions
+91-120-4202604
33, Pocket 1, asola Vihar New Friends Colony, South Delhi-110025
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Sahasra Electronics Solutions IPO is a book-built IPO worth ₹186.16 crore. The price band is ₹269–₹283 per share. The IPO opens on Sep 26, 2024 and closes on Sep 30, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Sahasra Electronics Solutions IPO is ₹269 to ₹283 per share.
The lot size of Sahasra Electronics Solutions IPO is 400 shares.
The minimum investment for Sahasra Electronics Solutions IPO is approximately ₹1,13,200 based on the upper price band .
Sahasra Electronics Solutions IPO opens on Sep 26, 2024 and closes on Sep 30, 2024.
The allotment date of Sahasra Electronics Solutions IPO is Oct 1, 2024.
Sahasra Electronics Solutions IPO is expected to be listed on Oct 4, 2024, on NSE SME Platform.
Sahasra Electronics Solutions IPO valuation snapshot: P/E 22.11, EPS ₹12.8/-, P/B N/A, RoNW 54.09%, and market cap N/A.
To apply for Sahasra Electronics Solutions IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Sahasra Electronics Solutions IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Sahasra Electronics Solutions IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Sahasra Electronics Solutions IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sahasra Electronics Solutions IPO allotment status on IPO Ji for quick and easy access.