Sahasra Electronics IPO Date, Review, Price, Allotment Details

Sahasra Electronics IPO open date is September 26 and the IPO will close on September 30. Sahasra Electronics IPO is a Book Built Issue. The company to raise around ₹186.16 crores via IPO that comprises fresh issue of ₹172.01 crores and offer for sale up to 5,00,000 equity shares with face value of ₹10 each.

Sahasra Electronics IPO price band is ₹269 to ₹283 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Sahasra Electronics IPO to list on NSE on 2024. The allotment of Sahasra Electronics IPO date is 2024.

The company reported revenue of ₹102.79 crores in 2024 against ₹10.64 crore in 2023. The company reported profit of ₹32.63 crores in 2024 against profit of ₹2.31 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Sahasra Electronics IPO

Sahasra Electronics IPO Details

IPO Open Date:September 26, 2024
IPO Close Date:September 30, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹269 to ₹283 Per Share
Issue Size:Approx ₹186.16 Crores
Fresh Issue:Approx ₹172.01 Crores
Offer for Sale:Approx 5,00,000 Equity Shares
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Sahasra Electronics IPO IPO Market Lot

The Sahasra Electronics IPO minimum market lot is 400 shares with ₹113,200 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum1400₹113,200
Retail Maximum1400₹113,200
HNI Minimum2800₹226,400

Sahasra Electronics IPO Dates

The Sahasra Electronics IPO date is September 26 and the close date is September 30. The Sahasra Electronics IPO allotment will be finalized on October 1 and the IPO listing on October 4.

IPO Open Date:September 26, 2024
IPO Close Date:September 30, 2024
Basis of Allotment:October 1, 2024
Refunds:October 3, 2024
Credit to Demat Account:October 3, 2024
IPO Listing Date:October 4, 2024

Promoters of Sahasra Electronics IPO

The promoters of the company are Amrit Lal Manwani, Arunima Manwani & Varun Manwani.

About Sahasra Electronics IPO

Sahasra electronic company is an EN 9100:2018 (equivalent to AS9100D and JISQ 9100:2016, including ISO 9001:2015) certified company, this company is an immense company in uttar pradesh. Sahara electronic company’s main tied up with solutions towards electronics system design and manufacturing (“ESDM”) services at its manufacturing plant located at 68AA, NSEZ, Nepz Post Office, Gautam Buddha Nagar, Noida, Uttar Pradesh – 201305, which is equipped with four high speed SMT lines having a total capacity of around 1800000 units. This company provide product and solutions right from printed circuit board (“PCB”) assembly, Box Build, LED lighting. Printed circuit board assemblies (“PCBA”) They have done exports of over 80% of our products and solutions during FY 2024 to overseas countries like the United States of America, Rwanda, Tunisia, United Kingdom, Germany, Canada, Austria & Belgium.

The company has fulfilled 3 years of agreement of designing and marketing of hardware and software products like laptops, tablets.. It has also evolved effective relationships along with certain customers through a client servicing model which aims at instantaneous solutions. Additionally, to maintain relationships along with existing customers, they have soared their key customer base over time from around 20 customers in Fiscal 2022 to around 40 customers in Fiscal 2024.owing to its dedication and flexibility customers have eyes on it.

Sahasra Electronics IPO Company Financial Report

The company reported revenue of ₹102.79 crores in 2024 against ₹10.64 crores in 2023. The company reported a profit of ₹32.63 crores in 2024 against a profit of ₹2.31 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2023₹10.64₹8.25₹2.31₹48.20
2024₹102.79₹68.59₹32.63₹108.04

Sahasra Electronics IPO Valuation – FY2024

Check Sahasra Electronics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:54.09%
ROCE:42.50%
EBITDA Margin:34.86%
PAT Margin:32.26%
Debt to equity ratio:0.36
Earning Per Share (EPS):₹18.05 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):54.09%
Net Asset Value (NAV):₹33.37

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Kaynes Technology India Limited30.63121.477.37389.321860.54 Cr.
Trident Techlabs Limited5.52110.1820.1226.9573.00 Cr.

Objects of the Issue

  • Funding Capital Expenditure towards installation of additional plant and machinery at new manufacturing facility situated at Bhiwadi, Rajasthan;
  • Investment in our Subsidiary, Sahasra Semiconductors Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery;
  • To Meet Working Capital Requirements;
  • General Corporate Purposes.

Sahasra Electronics IPO Review

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Sahasra Electronics IPO Registrar

Bigshare Services Pvt Ltd
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com

IPO Lead Managers aka Merchant Bankers

  • Hem Securities Limited

Company Address

Sahasra Electronics IPO Limited
68-AA Noida Special Economic Zone, Nepz Post Office, Gautam
Buddha Nagar, Noida-201305, Uttar Pradesh, India
Phone: +91-120-4202604
E-mail: [email protected]
Website: www.seslimited.in

Sahasra Electronics IPO FAQs

What is Sahasra Electronics IPO?

Sahasra Electronics IPO is a SME IPO. The company is going to raise ₹186.16 Crores via IPO. The issue is priced at ₹269 to ₹283 per equity share. The IPO is to be listed on NSE.

When Sahasra Electronics IPO will open for subscription?

The IPO is to open on September 26 for QIB, NII, and Retail Investors. The IPO will close on September 30.

What is Sahasra Electronics IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Sahasra Electronics IPO?

You can apply for Sahasra Electronics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Sahasra Electronics IPO Issue Size?

Sahasra Electronics IPO issue size is ₹186.16 crores.

What is Sahasra Electronics IPO Price Band?

Sahasra Electronics IPO Price Band is ₹269 to ₹283.

What is Sahasra Electronics IPO Lot Size?

The minimum bid is 400 Shares with ₹113,200 amount.

What is the Sahasra Electronics IPO Allotment Date?

Sahasra Electronics IPO allotment date is October 1.

What is the Sahasra Electronics IPO Listing Date?

Sahasra Electronics IPO listing date is October 4. The IPO is to list on NSE.

Note: The Sahasra Electronics IPO price band and date are officially announced. The (Sahasra Electronics IPO grey market premium) will be added to the IPO GMP page as it will start).

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