In recent developments, Sahana System has secured a project worth INR 25.37 crore. The deal was awarded by Amnex Infotechnologies. Under the agreement, Sahana System will take charge of implementing and managing systems that aim to reshape India’s toll infrastructure. The project will roll out Toll Management Systems, Information Technology Management Systems (ITMS), and Weigh-in-Motion (WIM) technologies—tools designed to streamline traffic monitoring and toll operations.
At the heart of this initiative lies the integration of smart sensor technology and intuitive software platforms. These systems promise greater precision, faster processing, and scalability, catering to India’s ever-evolving transportation needs.
The contract was formally signed on 26 December 2024, with execution timelines and payment schedules laid out in the work order. The structured rollout aims to ensure timely delivery and seamless implementation—key ingredients for a high-stakes infrastructure project.
Why This Project Matters
This landmark deal strengthens Sahana System’s position as a leader in IT-powered infrastructure, showcasing its ability to deliver high-impact, scalable solutions. It highlights the company’s knack for deploying cutting-edge solutions and reaffirms its ability to tackle large-scale, mission-critical assignments.
Speaking about the announcement, Pratik Kakadia, Managing Director & CEO of Sahana System, emphasized the broader significance of the venture.
“We’re excited about this milestone project. It reflects the confidence our clients have in us to deliver high-impact solutions. More importantly, it aligns with our mission to bring innovation and efficiency to India’s transportation systems through technology,” he said.
A Glimpse into the Sahana System
Founded in 2012 and headquartered in Ahmedabad, Sahana System has carved out a niche for itself in IT services. Its portfolio spans diverse industries—Fintech, Education, Healthcare, Agriculture, and Government sectors, to name a few. The company’s specialities include AI/ML development, ChatBot solutions, UI/UX design, cybersecurity, and IT outsourcing.
Sahana System’s credentials tell their own story. It holds CMMI Level 5, ISO 9001:2015, and ISO/IEC 27001:2013 certifications—an assurance of quality and reliability. It’s also recognized as a DPIIT startup under India’s Ministry of Commerce and Industry, highlighting its focus on innovation and sustainable growth.
Final Thoughts
The new project puts the Sahana System in the driver’s seat as India marches toward a smarter, tech-enabled transportation future. By leveraging AI, IoT, and big data analytics, the company is set to create an infrastructure that’s not just efficient but also scalable and future-proof. For industry watchers, this deal raises intriguing possibilities. Could it open doors to more collaborations in the infrastructure domain? Will it nudge competitors to step up their game? The answers will unfold in the months ahead.
While the contract marks a high point for the Sahana System, the road ahead may not be without challenges. Market fluctuations, regulatory changes, and evolving technologies could pose hurdles. The company advises stakeholders to stay vigilant and prepared for uncertainties.
The issue size of Sahana System’s IPO was INR 32.17 crore, and the company made its market debut on 12 June 2023, on the NSE Emerge platform. The stock was listed at INR 171.15, marking a 26.78% premium over its allotment price of INR 135 on the listing day. The IPO witnessed robust investor interest, being oversubscribed 9.49 times. Currently, Sahana System’s stock is trading at INR 1,771.20, providing investors with a remarkable tenfold return on their investment. For more information related to IPO GMP, SEBI IPO Approval, and Live Subscription stay tuned to IPO Central.
