Sahasra Electronic Solutions Ltd., established in 2023, operates in the Electronics - Equipment/Components sector. The company's IPO opened on September 26, 2024 and closed on September 30, 2024, with ... Read more
Our 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 68AA, NSEZ, Noida, Uttar Pradesh, which is equipped with four high ... Read more
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 18,74,160 (28.49%) |
| Market Makers | 3,29,600 (5.01%) |
| Non Institutional Investors | 9,37,600 (14.25%) |
| Qualified Institutional Buyers (QIBs) | 12,49,440 (18.99%) |
| Retail Individual Investors (RIIs) | 21,87,200 (33.25%) |
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 102.79 Cr | 32.63 Cr | 41.40 Cr |
| 31 Mar 2023 | 10.64 Cr | 2.31 Cr | 2.31 Cr |
1. Funding Capital Expenditure towards installation of additional plant and machinery at new manufacturing facility situated at Bhiwadi, Rajasthan
2. Investment in our Subsidiary, Sahasra Semiconductors Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery
3. Funding of Working Capital requirements
4. General Corporate Purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 283.00 |
| Open | - | ₹ 537.70 |
| Low | - | ₹ 537.70 |
| High | - | ₹ 564.55 |
| Last Trade | - | ₹ 564.55 |
1. Amrit Lal Manwani
2. Arunima Manwani
3. Varun Manwani
On an overall basis, electronics manufacturing had grown from US$37.1 billion in 2015-16 to US$ 67.3 billion in 2020-21. However, COVID-19 related disruptions impacted the growth trajectory in 2020-21 and led to a decline in the manufacturing output to US$67.3 billion. The National Policy on ... Read more
When does Sahasra Electronic Solutions Ltd. IPO opens and closes?
What is the size of Sahasra Electronic Solutions Ltd. IPO?
What is the price range of Sahasra Electronic Solutions Ltd. IPO?
What is the minimum investment and lot size required for the Sahasra Electronic Solutions Ltd. IPO?
When is Sahasra Electronic Solutions Ltd. IPO listing date?
What is the objective of Sahasra Electronic Solutions Ltd. IPO?
Sahasra Electronics Solutions is set to launch its Initial Public Offering (IPO) on September 26, 2024. The IPO, worth Rs 186.16 crores, consists of both a fresh issue of 60.78 lakh shares and an OFS of 5 lakh shares by existing shareholders. The IPO reserves at least 35% for retail investors, 15% for non-institutional investors (including high net-worth individuals), and no more than 50% for qualified institutional buyers.
The subscription period for the IPO will be from September 26 to September 30, 2024. The allotment is likely to be concluded on October 1, with the shares tentatively planned to float on the National Stock Exchange's Small and Medium Enterprises (SME) platform on October 4, 2024. The IPO price band has been set at Rs. 269 to Rs. 283 per share. Retail investors can join with a minimum investment of Rs.113,200 for 400 shares, while high-net-worth individuals (HNIs) must invest at least Rs.226,400 for 800 shares.
Sahasra Electronics Solutions Limited, founded in February 2023, is an Electronic System Design and Manufacturing (ESDM) company based in Noida. The company, led by promoters Amrit Lal Manwani, Arunima Manwani, and Varun Manwani, witnessed remarkable growth in its financial performance. Between March 31, 2023, and March 31, 2024, Sahasra's revenue surged by 866%, and its profit after tax (PAT) increased by a substantial 1315%.
24 September 2024
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