Sahana System IPO description – Incorporated in 2020, Sahana System is engaged in the business of offering IT-related services including web app development, mobile application development, AI & ML development, ChatBot development, product prototyping, graphics designing, UI / UX design, SEO & ASO, digital marketing, website & application migration, cyber security and outsourcing of IT services.
Currently, the company’s customers are based out of Argentina, Saudi Arabia, Canada, and America. Its sales through exports contributed 5.60%, 0.60%, and 94.95% respectively from our revenue from operations for the year ended 31 March 2023, 2022, and 2021 respectively.
The company is recognized as a start-up by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry. The recognition certificate is valid for 10 years from the date of incorporation of the company till up to 19 February 2030.
Promoters of Sahana System – Pratik Ramjibhai Kakadia
Table of Contents
Sahana System IPO Details
| Sahana System IPO Dates | 31 May – 2 Jun 2023 |
| Sahana System IPO Price | INR 132 – 135 per share |
| Fresh issue | 24,25,000 shares (INR 32.01 – 32.74 crores) |
| Offer For Sale | NIL |
| Total IPO size | 24,25,000 shares (INR 32.01 – 32.74 crores) |
| Minimum bid (lot size) | 1,000 shares (INR 135,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Sahana System Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 331.47 | 1,217.39 | 2,414.23 |
| Expenses | 309.06 | 1,021.86 | 1,528.04 |
| Net income | 16.44 | 141.18 | 639.64 |
Sahana System Offer News
- Sahana System RHP
- Sahana System Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Sahana System Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.30 | 2.54 | 11.48 |
| PE ratio | – | – | 11.50 – 11.76 |
| RONW (%) | 94.27 | 31.23 | 59.24 |
| NAV | 0.31 | 8.15 | 19.38 |
| ROCE (%) | 10.88 | 27.84 | 61.05 |
| EBITDA (%) | 25.43 | 22.81 | 40.07 |
| Debt/Equity | 41.47 | 1.13 | 0.44 |
Sahana System IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 9 June 2023 | 25 | – | 20,000 |
| 8 June 2023 | 30 | – | 15,000 |
| 7 June 2023 | 22 | – | 10,000 |
| 6 June 2023 | 18 | – | 7,000 |
| 5 June 2023 | 18 | – | 8,000 |
| 2 June 2023 | 10 | – | 10,000 |
| 1 June 2023 | 10 | – | 10,000 |
| 31 May 2023 | 10 | – | 10,000 |
Sahana System IPO Subscription – Live Updates
| Category | QIB | Non-retail | Retail | Total |
| Shares Offered | 230,000 | 1,160,000 | 1,035,000 | 2,425,000 |
| 2 Jun 2023 | 9.70 | 6.41 | 12.89 | 9.49 |
| 1 Jun 2023 | 1.16 | 2.60 | 3.11 | 2.68 |
| 31 May 2023 | 0.16 | 1.48 | 0.87 | 1.09 |
Sahana System Offer Lead Manager
UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park,
Andheri Kurla Road, Andheri East, Mumbai 400059
Phone: +91 98200 57533
Email:Â [email protected]
Website:Â www.unistonecapital.com
Sahana System Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
Unit No. 9, Ground Floor,
Shiv Shakti Industrial Estate, J. R.
Boricha Marg, Lower Parel (East),
Mumbai – 400011, Maharashtra
Phone:Â +91 22-23010771/8261
Email:Â [email protected]
Website:Â www.purvashare.com
Sahana IPO Contact Details
SAHANA SYSTEM LIMITED
901-A-Block, Mondeal Square, Nr. Iscon Elegance,
S.G. Highway, Prahladnagar Ahmedabad 380015
Phone: +91-79-46014490
E-mail: [email protected]
Website: www.sahanasystem.com
Sahana IPO Allotment Status
Sahana System IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.
Sahana System IPO Dates & Listing Performance
| IPO Opening Date | 31 May 2023 |
| IPO Closing Date | 2 June 2023 |
| Finalization of Basis of Allotment | 7 June 2023 |
| Initiation of refunds | 8 June 2023 |
| Transfer of shares to demat accounts | 9 June 2023 |
| IPO Listing Date | 12 June 2023 |
| Opening Price on NSE SME | INR 163 per share (up 20.74%) |
| Closing Price on NSE SME | INR 171.15 per share (up 26.78%) |
IPO FAQs
What is the Sahana System offer size?
Sahana System offer size is INR 32.01 – 32.74 crores.
What is the Sahana System offer price band?
Sahana System public offer price is INR 132 – 135 per share.
What is the lot size of the Sahana System IPO?
Sahana System offer lot size is 1,000 shares.
What is Sahana System IPO GMP today?
Sahana System IPO GMP today is INR 25 per share.
What is the Sahana kostak rate today?
Sahana System kostak rate today is NA per application.
What is Sahana Subject to Sauda rate today?
Sahana System Subject to Sauda rate today is INR 20,000 per application.
