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Sahasra Electronics Solutions Limited IPO (Sahasra Electronics Solutions IPO) Details
Sahasra Electronics Solutions Limited
Sahasra Electronics Solutions IPO's overview
Sahasra Electronics Solutions IPO is a book built issue of ₹186.16 Cr (1,86,15,74,000). The issue is a combination of fresh issue of 60.78 Lakh (60,78,000) shares aggregating to ₹172.01 Cr (1,72,00,74,000) and offer for sale of 5.00 Lakh (5,00,000) shares aggregating to ₹14.15 Cr (14,15,00,000).
Sahasra Electronics Solutions IPO bidding started from Sep 26, 2024 and ended on Sep 30, 2024. The allotment for Sahasra Electronics Solutions IPO was finalized on Oct 01, 2024. The shares got listed on NSE on Oct 04, 2024.
Sahasra Electronics Solutions IPO price band is set at ₹269 to ₹283 per share. The minimum lot size for an application is 400 Shares. The minimum amount of investment required by retail investors is ₹1.08 Lakh (1,07,600).
Refer to Sahasra Electronics Solutions IPO RHP for detailed information.
IPO date
Sep 26,2024 - Sep 30,2024
Listing Date
Oct 04,2024
Face value
₹10
Price Band
₹269 to ₹283 per share
Lot
₹400 Shares
Total Issue Size
65.78 Lakh (65,78,000)
aggregating up to ₹186.16 Cr (1,86,15,74,000)
Fresh Issue
60.78 Lakh (60,78,000)
aggregating up to ₹172.01 Cr (1,72,00,74,000)
Offer for sale
5.00 Lakh (5,00,000)
aggregating up to ₹14.15 Cr (14,15,00,000)
Issue Type
Book Building
IPO Type
SMEListing At
NSE
Thu, Sep 26, 2024
IPO Open
Mon, Sep 30, 2024
IPO Close
Tue, Oct 01, 2024
Basis of Allotment
Thu, Oct 03, 2024
Initiation of Refunds
Thu, Oct 03, 2024
Credit of Shares to Demat
Fri, Oct 04, 2024
Listing
Sahasra Electronics Solutions IPO Day-wise IPO GMP Trend
Sahasra Electronics Solutions IPO last GMP is ₹172, last updated Oct 03,2024. With the price band of 283.00, Sahasra Electronics Solutions IPO's estimated listing price is ₹455 (cap price + today's GMP).The expected percentage gain/loss per share is 60.78%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 03-Oct-24 | 283.00 | 172 | 455(60.78%) | 3-Oct-2024 16:54 |
| 02-Oct-24 | 283.00 | 166 | 449(58.66%) | 2-Oct-2024 23:31 |
| 01-Oct-24 | 283.00 | 205 | 488(72.44%) | 1-Oct-2024 23:25 |
| 30-Sep-24 | 283.00 | 200 | 483(70.67%) | 30-Sep-2024 23:24 |
| 29-Sep-24 | 283.00 | 208 | 491(73.50%) | 29-Sep-2024 23:26 |
| 28-Sep-24 | 283.00 | 198 | 481(69.96%) | 28-Sep-2024 23:30 |
| 27-Sep-24 | 283.00 | 175 | 458(61.84%) | 27-Sep-2024 23:28 |
| 26-Sep-24 | 283.00 | 200 | 483(70.67%) | 26-Sep-2024 23:32 |
| 25-Sep-24 | 283.00 | 190 | 473(67.14%) | 25-Sep-2024 23:29 |
| 24-Sep-24 | 283.00 | 180 | 463(63.60%) | 24-Sep-2024 23:25 |
| 23-Sep-24 | 283.00 | 180 | 463(63.60%) | 23-Sep-2024 23:29 |
| 22-Sep-24 | 283.00 | 100 | 383(35.34%) | 22-Sep-2024 23:28 |
| 21-Sep-24 | 283.00 | 100 | 383(35.34%) | 21-Sep-2024 23:32 |
| 20-Sep-24 | 283.00 | 43 | 326(15.19%) | 20-Sep-2024 23:32 |
Sahasra Electronics Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 400 | ₹1.13 Lakh (1,13,200) |
Retail(Max) | 1 | 400 | ₹1.13 Lakh (1,13,200) |
HNI(Min) | 2 | 800 | ₹2.26 Lakh (2,26,400) |
About Sahasra Electronics Solutions Limited
Incorporated in February 2023, Sahasra Electronic Solutions Limited is an Electronic System Design and Manufacturing company that provides electronic system design and manufacturing ("ESDM") services at its Noida plant.
The company provides products and solutions such as printed circuit board ("PCB") assembly, Box Build, and LED lighting. Memory, IT accessories, computer and IT hardware.
During FY 2024, the company exported over 80% of its products and solutions to global manufacturers in countries such as the United States of America, Rwanda, Tunisia, the United Kingdom, Germany, Canada, Austria, and Belgium.
The company has a manufacturing capacity of 1.8 million units through its EN 9100:2018 certified plant in Noida.
The product portfolio of the company includes:
1. Printed circuit board assemblies (PCBAs): The company's PCBAs are utilized in products manufactured in the automotive, medical, industrial, IT, and consumer products industries. This includes box-build products such as laptops and tablets.
2. LED lighting solutions include the LED chip, power supply, printed circuit board, and housing.
3.Computer and IT accessoriesinclude motherboards, DRAM modules, solid-state drives (SSD), USB drives, and other memory products and accessories.
The company is certified under 9100:2018 (equivalent to AS 9100D and JISQ 9100:2016, including ISO 9001:2015) for Quality Management Systems for manufacturing PCB assemblies.
Competitive Strengths
- Diverse solutions including PCB assembly, box build assemblies, and design solutions.
- Established relationships with customers across various countries
- The manufacturing facility is in a special economic zone, giving access to tax benefits for its products manufactured and exported from there.
- The ERP platform meets the quality standards its customers require.
- Diversified Board of Directors, complemented by a robust management team with extensive experience in the electronic manufacturing sector.
As of March 2024, the company had 160 permanent employees
Sahasra Electronics Solutions IPO's documents
Sahasra Electronics Solutions Limited Contact Details
Sahasra Electronics Solutions Limited
33, Pocket 1,
Jasola Vihar New Friends Colony
South Delhi-110025,
Phone: +91-120-4202604
Email: [email protected]
Website: https://www.seslimited.in/
Sahasra Electronics Solutions IPO's Promoters
The promoters of the company areAmrit Lal Manwani, Arunima Manwani and Varun Manwani