Sahasra Electronics Solutions

Sahasra Electronics Solutions

NSE SME

₹113,200 / 400 Shares

Offer Date:Sep 26, 2024 - Sep 30, 2024
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IPO Details

Sahasra Electronics Solutions IPO is priced between ₹269-283 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the NSE SME, and Bigshare Services Pvt Ltd is managing the issue as the registrar.

The IPO bidding period opened on 26 Sep, 2024, and closed on 30 Sep, 2024. The allotment results will be announced on 1 Oct, 2024, with a tentative listing date set for 4 Oct, 2024.

The total issue comprises 6,578,000 shares, amounting to ₹186.16 Cr.

Sahasra Electronics Solutions IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
Sep 26, 2024 - Sep 30, 20244 Oct, 2024₹10 Per Equity Share₹269-283 per equity share- Shares -NSE SME

Sahasra Electronics Solutions IPO Timeline

✓
IPO Open Date
26 Sep, 2024
✓
IPO Close Date
30 Sep, 2024
✓
Basis of Allotment
1 Oct, 2024
✓
Listing Date
4 Oct, 2024

Issue Price

₹269-283 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

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 Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 2410804.3610278.793262.776031.694140.212171.89
31 Mar 234820.231063.91230.552027.5230.55689.84
31 Mar 22N/AN/AN/AN/AN/AN/A

All values are in ₹ Lakh

Sahasra Electronics Solutions IPO Valuations

EPS PRE IPO

₹17.25/-

EPS POST IPO

₹12.8/-

PE PRE IPO

16.41

PE POST IPO

22.11

ROE

54.09%

ROCE

42.50%

DEBT EQUITY

0.36

RONW

54.09%

PAT MARGIN

32.26

PRICE TO BOOK VALUE

-

About 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.

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Sahasra Electronics Solutions IPO Subscription Details

As onQIB/NIIRetailTotal
Shares Offered / Reserved1,249,600 / 938,2002,187,2004,375,000
Day 1 - 26-09-24 06:00 PM6.38 / 2.70 x5.34 x5.07 x
Day 2 - 27-09-24 06:00 PM8.60 / 12.95 x17.42 x13.94 x
Day 3 - 30-09-24 06:00 PM100.80 / 260.81 x74.86 x122.13 x
Total No. of Applications:409,255 (Approx)

Sahasra Electronics Solutions IPO - Issue 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.
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