Sahana System IPO GMP, Review, Price, Allotment

Sahana System IPO GMP

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.

Sahana System 2023

Promoters of Sahana System – Pratik Ramjibhai Kakadia

Sahana System IPO Details

Sahana System IPO Dates31 May – 2 Jun 2023
Sahana System IPO PriceINR 132 – 135 per share
Fresh issue24,25,000 shares (INR 32.01 – 32.74 crores)
Offer For SaleNIL
Total IPO size24,25,000 shares (INR 32.01 – 32.74 crores)
Minimum bid (lot size)1,000 shares (INR 135,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE SME

Sahana System Financial Performance

 FY 2021FY 2022FY 2023
Net income16.44141.18639.64
Figures in INR Lakhs unless specified otherwise

Sahana System Offer News

Sahana System Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio11.50 – 11.76
RONW (%)94.2731.2359.24
ROCE (%)10.8827.8461.05
EBITDA (%)25.4322.8140.07
Debt/Equity 41.471.130.44
*Compiled by IPO Central from Prospectus

Sahana System IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
9 June 20232520,000
8 June 20233015,000
7 June 20232210,000
6 June 2023187,000
5 June 2023188,000
2 June 20231010,000
1 June 20231010,000
31 May 20231010,000

Sahana System IPO Subscription – Live Updates

Shares Offered230,0001,160,0001,035,0002,425,000
2 Jun 20239.706.4112.899.49
1 Jun 20231.162.603.112.68
31 May 20230.161.480.871.09

Sahana System Offer Lead Manager

A/305, Dynasty Business Park,
Andheri Kurla Road, Andheri East, Mumbai 400059
Phone: +91 98200 57533
Email[email protected]

Sahana System Offer Registrar

Unit No. 9, Ground Floor,
Shiv Shakti Industrial Estate, J. R.
Boricha Marg, Lower Parel (East),
Mumbai – 400011, Maharashtra
Phone: +91 22-23010771/8261
[email protected]

Sahana IPO Contact Details

901-A-Block, Mondeal Square, Nr. Iscon Elegance,
S.G. Highway, Prahladnagar Ahmedabad 380015
Phone: +91-79-46014490
E-mail: [email protected]

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 Date31 May 2023
IPO Closing Date2 June 2023
Finalization of Basis of Allotment7 June 2023
Initiation of refunds8 June 2023
Transfer of shares to demat accounts9 June 2023
IPO Listing Date12 June 2023
Opening Price on NSE SMEINR 163 per share (up 20.74%)
Closing Price on NSE SMEINR 171.15 per share (up 26.78%)


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.


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