Sahasra Electronics Solutions Limited IPO
NSE SMEListed On: Oct 4, 2024 at ₹ 537.7
₹ 226400 /800 Shares
*Min Investment
26 Sep, 2024
Open Date30 Sep, 2024
Close Date01 Oct, 2024
Allotment Date04 Oct, 2024
Listing DateExp. Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.
Sahasra Electronics Solutions IPO Issue Details
- Issue Price ₹269-283 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 65,78,000 shares(aggregating up to ₹186.16 crore)
- Fresh Share 60,78,000 shares(aggregating up to ₹172.01 crore)
- Offer For Sale 5,00,000 shares(aggregating up to ₹14.15 crore)
- Listing at NSE SME
- List Price 537.7
- Listing Date 2024-10-04
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Pvt Ltd
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 Reservation
Sahasra Electronics Solutions IPO offers total 65,78,000 shares. Out of which 12,49,600 (19%) allocated to QIB, 9,38,200 (14.26%) allocated to NII,21,87,200 (33.25%) allocated to RII, NA (NA%) allocated to employees and 18,74,000 (28.49%) allocated to 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 Documents
Sahasra Electronics Solutions IPO Details
Sahasra Electronics Solutions Limited IPO is an SME IPO, priced at ₹269-283 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 65,78,000 equity shares, aggregating up to ₹186.16 crores..
The IPO bidding window is open from Sep 26, 2024 to Sep 30, 2024. The allotment is expected to be finalized on Oct 1, 2024, and the tentative listing date is Oct 4, 2024.
The minimum lot size for retail investors is 400 shares, with a minimum investment of ₹1,13,200. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,26,400.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Hem Finlease Private Limited will act as the market maker for this issue.
Sahasra Electronics Solutions IPO Subscription Analysis And Details
| 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
Sahasra Electronics Solutions Company Financials
| 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 |
About Sahasra Electronics Solutions Company
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
Pre Issue Share Holding : 95.00%
Post Issue Share Holding : 69.90%
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 Details
Sahasra Electronics Solutions
33, Pocket 1, asola Vihar New Friends Colony, South Delhi-110025
+91-120-4202604
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Sahasra Electronics Solutions IPO - FAQs
Ans. Sahasra Electronics Solutions Limited IPO is a SME IPO. The issue is priced at ₹269-283 per equity share. The minimum order quantity is 400 Shares. The IPO opens on Sep 26, 2024, and closes on Sep 30, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Sahasra Electronics Solutions Limited IPO opens on Sep 26, 2024 and closes on Sep 30, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Sahasra Electronics Solutions Limited IPO is 6,578,000 shares(aggregating up to ₹186.16 Cr).
Ans. The Sahasra Electronics Solutions Limited IPO price band is set between ₹269-283 per equity share.
Ans. To apply for Sahasra Electronics Solutions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sahasra Electronics Solutions Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Sahasra Electronics Solutions Limited IPO is Oct 1, 2024.
Ans. The Sahasra Electronics Solutions Limited IPO will be listed on Oct 4, 2024.
Ans. Follow the steps to check the Sahasra Electronics Solutions Limited IPO allotment status online.
