Sahasra Electronic Solutions Ltd
Price Range
₹269 - ₹283
Min. Quantity
400
Closes on
30 September 2024
Min. investment
₹1,13,200/400 Shares
Sahasra Electronic Solutions Ltd IPO Timeline
Sahasra Electronic Solutions Limited was incorporated as Limited Company vide Certificate of Incorporation dated February 22, 2023 issued by Registrar of Companies, Central Registration Centre. The Company is an EN 9100:2018 certified company, which is engaged in the business of providing solutions towards electronics system design and manufacturing ('ESDM') services at its manufacturing plant located at Noida, Uttar Pradesh, which is equipped with four high speed SMT lines having a total capacity of around 1800000 units. The Company provide product and solutions right from printed circuit board (PCB) assembly, Box Build, LED lighting. Memory, IT accessories, computer and IT hardware.
| Event | Date |
|---|---|
| Sahasra Electronic Solutions Ltd IPO Opening Date | 26 September 2024 |
| Sahasra Electronic Solutions Ltd IPO Closing Date | 30 September 2024 |
| Basis of Allotment | 1 October 2024 |
| Initiation of Refunds | 3 October 2024 |
| Credit of Shares to Demat | 3 October 2024 |
| Sahasra Electronic Solutions Ltd IPO Listing Date | 4 October 2024 |
Sahasra Electronic Solutions Ltd IPO Details
| Sahasra Electronic Solutions Ltd IPO Date | 26 September 2024 to 30 September 2024 |
| Sahasra Electronic Solutions Ltd IPO Face Value | ₹10 per share |
| Sahasra Electronic Solutions Ltd IPO Price | ₹269 to ₹283 per share |
| Sahasra Electronic Solutions Ltd IPO Lot Size | 400 |
| Issue Size | Shares of ₹10 (aggregating up to ₹186.16 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹172.01 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹14.15 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Amrit Lal Manwani, Arunima Manwani, Varun Manwani |
Sahasra Electronic Solutions Ltd IPO Lot Size
The Sahasra Electronic Solutions Ltd IPO lot size is 400 shares. A retail-individual investor can apply for up to 1 lots (400 shares or ₹1,13,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 400 | ₹1,13,200 |
| Maximum | 1 | 400 | ₹1,13,200 |
- Strengths
- Risks
- Opportunities
- Dedicated solutions for ESDM services.
- Established relationships with customers across various countries.
- Established manufacturing capabilities.
- Quality Assurance.
- Experienced Promoters, management and operating team.
Company Financials
Sahasra Electronic Solutions Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 108.04 | 102.79 | 32.63 |
| 03-2023 | 48.2 | 10.64 | 2.31 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital exp towards installation of additional plant and machinery at new mfg facility situated at
- Investment in its subsidiary sahasra semiconductors pvt ltd for financing its capital exp requirements in relation towards installation of additional plant and machinery
- To meet working capital requirements
- General corporate purposes
Sahasra Electronic Solutions Ltd IPO Promoter Holding
| Pre Issue Share Holding | 94.98% |
| Post Issue Share Holding | 69.88% |
Sahasra Electronic Solutions Ltd IPO Subscription Status (Bidding Detail)
The Sahasra Electronic Solutions Ltd IPO is subscribed 113.623 times on 30 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 113.623 |
Sahasra Electronic Solutions Ltd IPO Prospectus
Sahasra Electronic Solutions Ltd IPO Listing Date
| Listing Date | 4 October 2024 |
| BSE Script | 93258 |
| NSE Symbol | SAHASRA |
| Listing In | NSE - SME |
| ISIN | INE0RBQ01018 |
| IPO Price | ₹283 |
| Face Value | ₹10 |
Company Contact Information
#.33 Pocket 1 Jasola Vihar New-Friends Colony South Delhi,New Delhi-110025
Phone: +91-120-4202 604
Email: cs@sahasraelectronics.com
Website: www.seslimited.in
Sahasra Electronic Solutions Ltd IPO Registrar
Sahasra Electronic Solutions Ltd IPO Lead Manager(s)
- Hem Securities Ltd
FAQ
What is the issue size of Sahasra Electronic Solutions Ltd IPO?
I have pre-applied for Sahasra Electronic Solutions Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.