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Sahasra Electronic Solutions Ltd IPO
NSE SME Mainboard Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹283
Issue Price
₹283
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹283
GMP based
Lot Size
400
shares / lot
Min Amount
₹113,200
1 lot · 400 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
26 Sep 2024
Thu Completed
Done
Close Date
30 Sep 2024
Mon Completed
Done
Allotment
01 Oct 2024
Tue Completed
Done
Refund
03 Oct 2024
Thu Completed
Done
Demat Credit
03 Oct 2024
Thu Completed
Done
Listing Date
04 Oct 2024
Fri Completed
UPI Deadline: 30 Sep 2024
Issue Details
Pricing & Size
Issue Price
₹283 Face ₹10
Lot Size
400 shares
Min Investment
₹113,200
Total Issue Size
65,78,000 shares (aggregating up to ₹186.16 Cr)
IPO Information
Issue Type
Mainboard
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,29,600 (5.01%)
QIB Portion
31,23,600 (47.49%)
NII / HNI
9,37,600 (14.25%)
Retail
21,87,200 (33.25%)
Employee
-
Net Offer to Public
62,48,400 shares (aggregating up to ₹176.83 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,89,14,763 shares
Post-Issue Shareholding
2,49,92,763 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 400 ₹1,13,200
HNI / NII 2 800 ₹2,26,400
Objects of Issue
4 objectives
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.
Lead Managers & Market Maker
Book Running Lead Managers
Hem Securities Ltd
Market Maker
Hem Finlease Pvt.Ltd.
IPO Timeline
Open
26 Sep
✓ Done
Close
30 Sep
✓ Done
Allotment
01 Oct
✓ Done
Listing
04 Oct
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@sahasraelectronics.com
Phone
+91-120-4202604
Address
33, Pocket 1 Jasola Vihar New Friends Colony New Delhi, New Delhi, 110025
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹283
Est. Listing
₹283
Lot Size
400 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Sahasra Electronic Solutions Ltd LIVE
INR ·
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| Price
Market Reference
IPO Issue Price
₹283
GMP
+₹0 (+0%)
GMP Est. Listing
₹283
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 31,23,600 (47.49%) ₹8,839.79 Cr
NII / HNI (Total) 9,37,600 (14.25%) ₹2,653.41 Cr
Retail Investors 21,87,200 (33.25%) ₹6,189.78 Cr
Total ** 65,78,000 (100.00%) ₹186,157.40 Cr
Market Maker * 3,29,600 (5.01%) ₹93.28 Cr
* Based on ₹283.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
31,23,600 (47.49%)
NII
9,37,600 (14.25%)
Retail
21,87,200 (33.25%)
Market Maker
3,29,600 (5.01%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202431 Mar 2023
Revenue10278.791063.91
PAT3262.77230.55
EBITDA
Net Worth6031.692027.50
Total Assets10804.364820.23
Reserves4140.21230.55
Borrowings2171.89689.84
Key Financial Ratios
54.09%
ROE
Return on Equity
42.50%
ROCE
Return on Capital Employed
54.09%
RONW
Return on Net Worth
32.26%
PAT Margin
PAT / Revenue
0.36
D/E Ratio
Debt to Equity
17.25
Pre EPS
EPS Pre-Issue
13.05
Post EPS
EPS Post-Issue
16.41
Pre P/E
P/E Pre-Issue
21.68
Post P/E
P/E Post-Issue
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 Strengths

  • Diverse solutions including PCB assembly, box build assemblies, and design solutions.
  • Established relationships with customers across various countries
  • The 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

Frequently Asked Questions
What is the issue price of Sahasra Electronic Solutions Ltd IPO?
The issue price of Sahasra Electronic Solutions Ltd IPO is ₹283 per share, face value ₹10.
What is the lot size?
Minimum lot size is 400 shares, requiring ₹113,200.
What are the IPO dates?
Opens 26 Sep 2024, closes 30 Sep 2024.
When is the listing date?
Tentative listing: 04 Oct 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹283 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Sahasra Electronic Solutions Ltd IPO · Expected 01 Oct 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
01 Oct 2024
Refund Initiation
03 Oct 2024
Demat Credit
03 Oct 2024
Listing Date
04 Oct 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹283
Face ₹10
Lot Size
400
shares / lot
Min Amount
₹113,200
1 lot
Est. Listing
₹283
GMP +₹0
Key Dates
Open
26 Sep Done
Close
30 Sep Done
Listing
04 Oct Done
Registrar
Bigshare Services Pvt.Ltd.
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