Sahasra Electronics Solutions Limited IPO

NSE SME

Listed On: Oct 4, 2024 at ₹ 537.7

₹ 113200 /400 Shares

Exp. 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 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

The IPO of Sahasra Electronics Solutions is priced at ₹269-283 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Sahasra Electronics Solutions IPO bid opening date is from Sep 26, 2024 and the bid closing date was Sep 30, 2024.
Sahasra Electronics Solutions IPO allotment result will be available on Oct 1, 2024. The tentative listing date for Sahasra Electronics Solutions is Oct 4, 2024.

The total issue size is 6,578,000 shares(aggregating up to ₹186.16 Cr).

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

ROE

54.09%

ROCE

42.50%

Debt/Equity

0.36

RoNW

54.09%

PAT Margin

32.26

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
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 The 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)

Pre Issue Share Holding: 95.00%

Post Issue Share Holding: 69.90%

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.

Other Details

Company Contact Details

Sahasra Electronics Solutions

33, Pocket 1, asola Vihar New Friends Colony, South Delhi-110025

Phone: +91-120-4202604

Email: cs@sahasraelectronics.com

Website: https://www.seslimited.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

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.