Sahasra Electronics IPO description – Sahasra Electronics Solutions holds the EN 9100:2018 certification and specializes in electronics system design and manufacturing at its facility in Noida, Uttar Pradesh. The plant features high-speed SMT lines with a total capacity of around 1.8 million units. The company’s product range includes printed circuit board assembly, box build, LED lighting, memory, IT accessories, computers, and IT hardware.
Sahasra Electronics Solutions has significantly expanded its customer base, growing from around 20 customers in Fiscal 2022 to approximately 40 by Fiscal 2024. The company serves a diverse range of industries, including railways, aerospace, marine, automobile, healthcare, and IT hardware, reducing reliance on individual clients. As of 31 March 2024, the company employed approximately 160 people across various levels of the organization.
Its products are distributed both domestically in India and internationally across more than 10 countries, including the United States, Rwanda, Tunisia, the United Kingdom, Germany, Canada, Austria, Belgium, Norway, and Panama.
Promoters of Sahasra Electronics – Amrit Lal Manwani, Arunima Manwani & Varun Manwani
Table of Contents
Sahasra Electronics IPO Details
| Sahasra Electronics IPO Dates | 26 – 30 September 2024 |
| Sahasra Electronics Issue Price | INR 269 – 283 per share |
| Fresh issue | 60,78,000 shares (INR 172.01 crore) |
| Offer For Sale | 5,00,000 shares (INR 14.15 crore) |
| Total IPO size | 65,78,000 shares (INR 186.16 crore) |
| Minimum bid (lot size) | 400 shares (INR 1,13,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
Sahasra Electronics Financial Performance
| Â | FY 2023 | FY 2024 |
| Revenue | 10.43 | 101.15 |
| Expenses | 8.25 | 68.59 |
| Net income | 2.31 | 32.63 |
Sahasra Electronics Offer News
- Sahasra Electronics RHP
- Sahasra Electronics Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Sahasra Electronics Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.41 | 11.41 | 18.05 |
| PE ratio | – | – | 14.90 – 15.68 |
| RONW (%) | 16.44 | 100.12 | 54.09 |
| NAV | 8.57 | 11.43 | 33.37 |
| ROCE (%) | 16.30 | – | 42.50 |
| EBITDA (%) | 17.35 | – | 34.86 |
| Debt/Equity | – | 0.34 | 0.36 |
Sahasra Electronics IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 3 October 2024 | 175 | – | 53,000 |
| 2 October 2024 | 185 | – | 55,000 |
| 1 October 2024 | 175 | – | 52,500 |
| 30 September 2024 | 175 | – | 52,500 |
| 28 September 2024 | 185 | – | 55,000 |
| 27 September 2024 | 200 | – | 58,500 |
| 26 September 2024 | 200 | – | 58,500 |
| 25 September 2024 | 180 | – | 55,000 |
| 24 September 2024 | 135 | – | 43,000 |
| 23 September 2024 | 85 | – | 27,000 |
| 21 September 2024 | 50 | – | 14,500 |
Sahasra Electronics IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 12,49,600 | 9,37,600 | 21,87,200 | 43,74,400 |
| 30 Sep 2024 | 100.80 | 260.97 | 74.84 | 122.15 |
| 27 Sep 2024 | 8.60 | 13.26 | 17.14 | 13.87 |
| 26 Sep 2024 | 6.38 | 2.68 | 5.18 | 4.99 |
The market maker reservation portion of 3,29,600 shares and anchor allocation portion of 18,74,000 shares are not included in the above calculations.
Sahasra Electronics IPO Allotment Status
Sahasra Electronics IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Sahasra Electronics IPO Dates & Listing Performance
| IPO Opening Date | 26 September 2024 |
| IPO Closing Date | 30 September 2024 |
| Finalization of Basis of Allotment | 1 October 2024 |
| Initiation of refunds | 3 October 2024 |
| Transfer of shares to demat accounts | 3 October 2024 |
| IPO Listing Date | 4 October 2024 |
| Opening Price on NSE SME | INR 537.70 per share (up 90%) |
| Closing Price on NSE SME | INR 564.55 per share (up 99.49%) |
Sahasra Electronics Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email:Â [email protected]
Website:Â www.hemsecurities.com
Sahasra Electronics Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Sahasra Electronics Issue Contact Details
SAHASRA ELECTRONIC SOLUTIONS 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
IPO FAQs
What is the Sahasra Electronics offer size?
Sahasra Electronics offer size is INR 176.95 – 186.16 crores.
What is the Sahasra Electronics offer price band?
Sahasra Electronics public offer price is INR 269 – 283 per share.
What is the lot size of the Sahasra Electronics IPO?
Sahasra Electronics offer a lot size is 400 shares.
What is Sahasra Electronics IPO GMP today?
Sahasra Electronics IPO GMP today is INR 175 per share.
What is the Sahasra Electronics kostak rate today?
Sahasra Electronics kostak rate today is INR NA per application.
What is Sahasra Electronics Subject to the Sauda rate today?
Sahasra Electronics is Subject to the Sauda rate today is INR 53,000 per application.
