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Sahasra Electronic Solutions Ltd

Sahasra Electronic Solutions Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹283
₹283
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹283
Based on GMP
Min. Investment
₹113,200
1 lot × 400 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
26 Sep 2024
Close Date
30 Sep 2024
Allotment
01 Oct 2024
Listing Date
04 Oct 2024
Exchange
NSE SME
Price Band
₹283
Listing Price
See chart
Allotment Status
Price Band
₹283
Per share
Face Value
₹10 per share
 
Lot Size
400 Shares
per lot
Issue Size
65,78,000 shares (aggregating up to ₹186.16 Cr)
Total offering
Issue Type
Book Built Issue
 
Min Investment
₹113,200
1 lot
Pre-IPO Holding
1,89,14,763 shares
Promoters
Post-IPO Holding
2,49,92,763 shares
Promoters
P/E (Pre)
16.41x
 
P/E (Post)
21.68x
 
EPS (Pre)
₹17.25
 
EPS (Post)
₹13.05
 
UPI Deadline
2024-09-30
Mandate
Anchor AllotmentWed, 25 Sep 2024
Basis of AllotmentTue, 01 Oct 2024
Refund InitiationThu, 03 Oct 2024
Demat CreditThu, 03 Oct 2024
Listing DayFri, 04 Oct 2024
UPI Mandate Deadline2024-09-30
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public62,48,400 shares (aggregating up to ₹176.83 Cr)
Market Maker Quota3,29,600 shares (aggregating up to ₹9.33 Cr)
Fresh Issue Shares57,48,400 shares (aggregating up to ₹162.68 Cr)
Offer for Sale5,00,000 shares of ₹10 (aggregating up to ₹14.15 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Sahasra Electronic Solutions Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Sep 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
329,600
₹9.33
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,578,000
100% ₹186.16
IPO Shares Offered
Sahasra Electronic Solutions Ltd IPO total issue size: ₹186.16 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 329,600 ₹9.33
5.01%
Total 6,578,000 ₹186.16
100.00%
* Based on upper price band ₹283 per share
Lot Size & Investment
Lot Size
400
Shares per Lot
Issue Price
₹283.00
Upper Band
Min Investment
₹113,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2800₹226,400
Retail (Max — 13 Lots)135,200₹1,471,600
S-HNI (Min — 14 Lots)145,600₹1,584,800
B-HNI (Min — 68 Lots)6827,200₹7,697,600
* Issue Price ₹283 × Lot Size 400 shares
IPO Schedule
Anchor
25 Sep 2024
✓ Done
IPO Open
26 Sep 2024
✓ Done
IPO Close
30 Sep 2024
✓ Done
Allotment
01 Oct 2024
✓ Done
Refunds
03 Oct 2024
✓ Done
Demat Credit
03 Oct 2024
✓ Done
Listing Day
04 Oct 2024
✓ Done
Sahasra Electronic Solutions Ltd — Live Price LIVE
₹283.00
INR · NSE
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Issue ₹283.00 Live Price
About Sahasra Electronic Solutions Ltd
Incorporated in February 2023, 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 company has a manufacturing capacity of 1.8 million units through its EN 9100:2018 certified plant in Noida.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 include the LED chip, power supply, printed circuit board, and housing.3.Computer and IT accessoriesinclude motherboards, DRAM modules, solid-state drives (SSD), USB drives, and other memory products and accessories.The company is certified under 9100:2018 (equivalent to AS 9100D and JISQ 9100:2016, including ISO 9001:2015) for Quality Management Systems for manufacturing PCB assemblies.Competitive StrengthsDiverse solutions including PCB assembly, box build assemblies, and design solutions.Established relationships with customers across various countriesThe manufacturing facility is in a special economic zone, giving access to tax benefits for its products manufactured and exported from there.The ERP platform meets the quality standards its customers require.Diversified Board of Directors, complemented by a robust management team with extensive experience in the electronic manufacturing sector.As of March 2024, the company had 160 permanent employees
Objects of the Issue
1
Funding Capital Expenditure towards the installation of additional plant and machinery at a new manufacturing facility situated at Bhiwadi, Rajasthan;
2
Investment in the Subsidiary, Sahasra Semiconductors Private Limited, for financing its capital expenditure requirements for the installation of additional plant and machinery;
3
To Meet Working Capital Requirements;
4
General Corporate Purposes.
Sahasra Electronic Solutions Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
N/A
FY 2022-23
₹1,063.9
31 Mar 2023
₹10,278.8
31 Mar 2024
Profit After Tax (PAT)
N/A
FY 2022-23
₹230.6
31 Mar 2023
₹3,262.8
31 Mar 2024
Particulars31 Mar 202431 Mar 2023FY 2022-23
Revenue from Operations 10278.79 1063.91 N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) 3262.77 230.55 N/A
Net Worth 6031.69 2027.50 N/A
Total Assets 10804.36 4820.23 N/A
Reserves & Surplus 4140.21 230.55 N/A
Borrowings 2171.89 689.84 N/A
EBITDA Margin (%) N/A
PAT Margin (%) 32.26%
RoE
54.09%
RoCE
42.50%
RoNW
54.09%
PAT Margin
32.26%
Debt/Equity
0.36
Issue Structure & Shareholding
Total Shares Offered65,78,000 (100.00%)
Net Offer to Public62,48,400 shares (aggregating up to ₹176.83 Cr)
Reserved for Market Maker3,29,600 shares (aggregating up to ₹9.33 Cr)
Pre-Issue Promoter Holding1,89,14,763 shares
Post-Issue Promoter Holding2,49,92,763 shares
P/BV RatioN/A
RoE54.09%
RoCE42.50%
Debt / Equity0.36
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Sahasra Electronic Solutions Ltd IPO subscribed?

Sahasra Electronic Solutions Ltd IPO is subscribed 1.00 times by Sep 30, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Sahasra Electronic Solutions Ltd IPO retail subscription status?

The Sahasra Electronic Solutions Ltd IPO retail category is subscribed 1.00 times as of 30 Sep 2024. The retail portion is oversubscribed.

How to subscribe Sahasra Electronic Solutions Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 26 Sep 2024 and closes 30 Sep 2024. Min investment: ₹113,200 (1 lot = 400 shares). UPI mandate: 2024-09-30.

How many times Sahasra Electronic Solutions Ltd IPO subscribed?

The Sahasra Electronic Solutions Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sahasra Electronic Solutions Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Oct 2024. Refunds: on 03 Oct 2024.

When Sahasra Electronic Solutions Ltd IPO will be listed?

The Sahasra Electronic Solutions Ltd IPO listing date is 04 Oct 2024, Friday. Listed on: NSE SME. Issue price: ₹283. Estimated listing: ₹283. GMP: NIL.

When Sahasra Electronic Solutions Ltd IPO close?

The Sahasra Electronic Solutions Ltd IPO closes on 30 Sep 2024, Monday. UPI mandate: 2024-09-30. Allotment: 01 Oct 2024. Listing: 04 Oct 2024.