Sahasra Electronics Solutions Limited
Bookbuilding IPO · NSE
- Price band
- ₹269 - ₹283
- Lot size
- 400 shares
- Issue amount
- ₹186.16 cr
- Total subscription
- 122.18×
- Opens
- 26 Sept 2024
- Closes
- 30 Sept 2024
- Allotment
- 1 Oct 2024
- Listing
- 4 Oct 2024
Offer at a glance
Issue overview
- Issue size
- 65,78,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,07,600
- Fresh issue
- ₹172.01 cr
- Offer for sale
- ₹14.15 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,13,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,89,14,763
- Shares after issue
- 2,49,92,763
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 400 | ₹1,13,200 |
| HNI | 2 | 800 | ₹2,26,400 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 35.36 | 3,564.83 |
| RETAIL | 61.9 | 4,635.69 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 |
|---|---|
| EPS | 18.05 |
| ROE | 54.09 |
| ROCE | 42.5 |
| RONW | 54.09 |
| PRE IPO(PE) | 16.41 |
| POST IPO(PE) | 21.68 |
Values and labels as reported in the issue data.
Company information
Company profile
Sahasra Electronic Solutions Limited, incorporated in February 2023 and based in Noida, India, operates in the Electronic System Design and Manufacturing (ESDM) sector. The company provides key services such as Printed Circuit Board Assemblies (PCBAs) used across automotive, medical, industrial, IT, and consumer products like laptops and tablets. Additionally, it offers box build services for complete electronic product assembly and LED lighting solutions encompassing LED chips, power supplies, PCBs, and housing. Sahasra also manufactures IT accessories including motherboards, DRAM modules, SSDs, USB drives, and other memory products. With a manufacturing capacity of 1.8 million units, the company is EN 9100:2018 certified (ISO 9001:2015 compliant) and exports over 80% of its products to markets in the USA, UK, Canada, Germany, Austria, Belgium, Rwanda, and Tunisia. As of March 2024, Sahasra Electronic Solutions Limited employs 160 permanent staff members.
Strengths
- Wide Range of Services: Sahasra Electronic Solutions offers various services like PCB assembly, box build assemblies, and design solutions, serving industries such as automotive, medical, and IT.
- Global Reach: The company exports over 80% of its products to countries like the USA, UK, and Germany, building strong partnerships with international clients.
- Strategic Location Advantage: Located in a special economic zone (SEZ), the company enjoys tax benefits on its products, making its services more cost-effective.
Risk factors
- Customer Concentration: Heavy reliance on key customers, including group companies; losing any major client could impact revenue and cash flows.
- Dependence on PCBA Sales: Most revenue comes from PCBAs, making the business vulnerable to demand shifts, product quality issues, or rapid tech changes.
- Limited Track Record: Recently incorporated with a short operating history, making it harder to evaluate past performance or future potential.
Promoters
Amrit Lal Manwani
Arunima Manwani
Varun Manwani
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
33, Pocket 1, asola Vihar New Friends Colony, South Delhi-110025
+91-120-4202604
[email protected]Company website ↗Understanding SAHASRA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.