Sahasra Electronics Solutions Limited IPO opened on September 26, 2024.
The Sahasra Electronics Solutions IPO is a book-built issue that aims to raise ₹186.16 crores. The issue comprises a fresh issue of 60.78 lakh shares aggregating ₹172.01 crores and an offer for sale of 5 lakh shares totalling ₹14.15 crores. The IPO price band is set between ₹269 and ₹283 per share, with retail investors required to bid for a minimum lot size of 400 shares. The IPO allotment will be finalised on October 1, 2024, and the listing is set for October 4, 2024, on NSE SME.
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Sahasra Electronics Solutions Limited NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | September 26, 2024 |
| IPO Closing Date | September 30, 2024 |
| Listing Date | October 4, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹269 to ₹283 per share |
| Lot Size | 400 shares |
| Total Issue Size | 65,78,000 shares (₹186.16 Cr) |
| Fresh Issue | 60,78,000 shares (₹172.01 Cr) |
| Offer for Sale | 5,00,000 shares (₹14.15 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 18,914,763 shares |
| Shareholding Post-Issue | 24,992,763 shares |
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Overview of Sahasra Electronics Solutions Limited
Incorporated in February 2023, Sahasra Electronics Solutions Limited is an Electronic System Design and Manufacturing (ESDM) company based in Noida. It offers a range of products and solutions, including PCB assembly, box-build, LED lighting, and computer and IT accessories. With an export focus, Sahasra exports over 80% of its products to countries like the USA, UK, Germany, and more.
Sahasra Electronics Solutions Limited NSE SME IPO Key Details
- Sahasra Electronics Solutions IPO Opening Date: September 26, 2024
- Sahasra Electronics Solutions IPO Closing Date: September 30, 2024
- Sahasra Electronics Solutions IPO Allotment Date: October 1, 2024
- Sahasra Electronics Solutions IPO Price Band: ₹269 to ₹283 per share
- Sahasra Electronics Solutions IPO Lot Size: 400 shares
- IPO Refunds Initiated: October 3, 2024
- Shares Credited to Demat: October 3, 2024
- IPO Listing Date: October 4, 2024
Sahasra Electronics Solutions Ltd: Financial Highlights for FY 2024
Sahasra Electronics has demonstrated exponential growth in FY 2024, with revenue surging by 866%, reflecting robust financial performance.
| Period Ended | Assets (₹ Lakh) | Revenue (₹ Lakh) | Profit After Tax (₹ Lakh) | Net Worth (₹ Lakh) |
| 31 Mar 2024 | 10,804.36 | 10,278.79 | 3,262.77 | 6,031.69 |
| 31 Mar 2023 | 4,820.23 | 1,063.91 | 230.55 | 2,027.5 |
FAQs | Sahasra Electronics Solutions Ltd IPO
Sahasra Electronics Solutions Ltd is an electronic system design and manufacturing (ESDM) company that offers PCB assembly, LED lighting solutions, and IT hardware products.
The IPO bidding date for the Sahasra Electronics IPO is from September 26, 2024, to September 30, 2024.
The IPO lot size for Sahasra Electronics Solutions is 400 shares.
The IPO face value is set at ₹10 per share.
You can check the IPO allotment status through the registrar’s website.
The IPO allotment is expected to be finalized on October 1, 2024.
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