Sahasra Electronics Solutions Limited IPO

NSE SME

Listed On: Oct 4, 2024 at ₹ 537.7

₹ 113200 /400 Shares

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Sahasra Electronics Solutions IPO Details

26 Sep, 2024

Open Date

30 Sep, 2024

Close Date

01 Oct, 2024

Allotment Date

04 Oct, 2024

Listing Date

Issue Price

₹269-283 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

537.7

Listing Date

2024-10-04

Market Lot

400 Shares (₹113,200/-)

Lead Manager

Hem Securities Limited

Issue Size

6,578,000 shares(aggregating up to ₹186.16 Cr)

Retail Portion

35%

Subscription

122.13 times

IPO Docs

DRHP

Sahasra Electronics Solutions IPO Subscription 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

Total No. of Applications: 409,255 (Approx)

Sahasra Electronics Solutions Valuations

EPS Pre IPO

₹17.25/-

EPS Post IPO

₹12.8/-

P/E Pre IPO

16.41

P/E Post IPO

22.11

RoNW

Sahasra Electronics Solutions Company Financials All values are in ₹ Lakh

	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

About The Company

Sahasra Electronic Solutions Limited is an Electronic System Design and Manufacturing company that provides electronic system design and manufacturing (ESDM) services at its Noida plant.The company provides products and solutions such as printed circuit board (PCB) assembly, Box Build, and LED lighting. Memory, IT accessories, computer and IT hardware.

During FY 2024, the company exported over 80% of its products and solutions to global manufacturers in countries such as the United States of America, Rwanda, Tunisia, the United Kingdom, Germany, Canada, Austria, and Belgium.

The product portfolio of the company includes:
1. Printed circuit board assemblies (PCBAs): The company's PCBAs are utilized in products manufactured in the automotive, medical, industrial, IT, and consumer products industries. This includes box-build products such as laptops and tablets.
2. LED lighting solutions .
3.Computer and IT accessories.

The company has a manufacturing capacity of 1.8 million units through its EN 9100: 2018 certified plant in Noida.

Sahasra Electronics Solutions - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Amrit Lal Manwani
Arunima Manwani
Varun Manwani

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 - 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. The size of Sahasra Electronics Solutions Limited IPO is 6,578,000 shares(aggregating up to ₹186.16 Cr).

Ans. The IPO price band is set between ₹269-283 per equity share.

Ans. To apply for Sahasra Electronics Solutions Limited IPO 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 allotment status for Sahasra Electronics Solutions Limited IPO here.