Sahasra Electronic Solutions Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Sahasra Electronic Solutions Ltd IPO

Our Company is an EN 9100:2018 certified company, which is engaged in the business of providing solutions towards electronics system design and manufacturing (ESDM) services at its manufacturing plant located at 68AA, NSEZ, Noida, Uttar Pradesh, which is equipped with four high speed SMT lines having a total capacity of around 1800000 units. We provide product and solutions right from printed circuit board (PCB) assembly, Box Build, LED lighting. Memory, IT accessories, computer and IT hardware. We have during the FY 2024-25, acquired controlling stake in Sahasra Semiconductor Private Limited, whose Semiconductor Packaging Facility is located at Bhiwadi, Rajasthan & engaged in the manufacturing of electronic components like integrated circuits, chips, semiconductor devices, eMMC, mSD, COBs, COB based USBs, LED drivers IC, BGA, NAND flash & memory products.

Sahasra Electronic Solutions Ltd IPO Details

Total Shares Offered

₹ 65,78,000

Offer to Public

5,00,000

Retail Max (Shares)

₹ 21,87,200

Pre Issue Promoters Holding

₹ 1,79,69,500

Exchange

NSE

Issue size

₹ 186.16 Cr

IPO Open Date

Sep 26, 2024

Close Date

Sep 30, 2024

Lot Size

400

Min Investment

₹ 1,07,600

Issue Type

Book Building - SME

Listing Date

Oct 4, 2024

Sahasra Electronic Solutions Ltd IPO Dates

Sep 26, 2024

Opening date

Sep 30, 2024

Closing date

Oct 1, 2024

Basis of Allotment

Oct 3, 2024

Initiation of Refunds

Oct 3, 2024

Credit of Shares

Oct 4, 2024

Listing date

Details

Sector	Type
Sector	Electronics - Components
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	3123600
NII	0x	937600
Retail	0x	2187200
Employee	0x	0
Total	0x	6578000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

3123600

937600

2187200

6578000

Sahasra Electronic Solutions Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	95.85	36.24	2.59
EBITDA	13.71	38.45	2.78
PAT	8.30	33.24	2.31
Total Assets	154.88	79.18	30.02
Share Capital	24.99	18.91	17.97
Total Borrowings	87.11	47.15	8.09
Operating Activities (Net Cash)	9.54	35.45	2.50
Investing Activities (Net Cash)	72.05	9.59	6.59
Financing Activities (Net Cash)	87.11	47.15	8.09
Net Cashflow	4.20	6.10	3.17

About Sahasra Electronic Solutions Ltd

Our Company was incorporated as Limited Company in the name of Sahasra Electronic Solutions Limited under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated February 22, 2023 issued by Registrar of Companies, Central Registration Centre bearing Corporate Identity Number U26202DL2023PLC410521. At the time of incorporation our company has took over the running business of proprietorship concern of the promoter Amrit Lal Manwani, namely M/s Sahasra Electronic Solutions along with the assets and liabilities of the proprietorship concern as going concern.

On an overall basis, electronics manufacturing had grown from US$37.1 billion in 2015-16 to US$ 67.3 billion in 2020-21. However, COVID-19 related disruptions impacted the growth trajectory in 2020-21 and led to a decline in the manufacturing output to US$67.3 billion. The National Policy on Electronics (NPE) 2019 set a target of achieving a turnover of US$ 400 billion by 2025. However, the COVID-19 pandemic brought with it unforeseen and unprecedented challenges. In light of this, the NPE 2019 targets for electronics production in 2025-26 at US$ 300 billion appears to be more realistic considering the disruption on account of COVID-19 in the past 18 months which has been aggravated with the new variants of the COVID-19 virus such as the Omicron.

Peer Comparison:

Kaynes Technology India Ltd
Trident Techlabs Ltd

Sahasra Electronic Solutions Ltd Key Points

Strengths

Dedicated solutions for ESDM services.

Established relationships with customers across various countries.

Established manufacturing capabilities.

Quality Assurance.

Experienced Promoters, management and operating team.

Risk

The company business is dependent on the sale of its products to certain key customers which also includes some of its Group Companies. The loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.

The company is significantly dependent on revenue from sale of PCBA. Any inability to anticipate or adapt to evolving up gradation of the required products or inability to ensure product quality or reduction in the demand of these products may adversely impact its revenue from operations and growth prospects.

The company has been recently incorporated and has taken-over the running business of M/s Sahasra Electronic Solutions, thus the company has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

Strategy

Diversification of our product range.

Pursue inorganic growth through acquisitions.

Increase our geographical reach and expand our customer base.

Invest in expanding our technological capabilities and manufacturing capacities.

How To Apply for Sahasra Electronic Solutions Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Sahasra Electronic Solutions Ltd IPO?

Sahasra Electronic Solutions Ltd's IPO offers shares for up to 172.01 It begins on Sep 26, 2024 and ends on Sep 30, 2024.

What is the price of the Sahasra Electronic Solutions Ltd IPO?

The price of Sahasra Electronic Solutions Ltd IPO ranges between ₹269 to ₹283 per share.

What are the open and close dates for the Sahasra Electronic Solutions Ltd IPO?

The Sahasra Electronic Solutions Ltd IPO opens on Sep 26, 2024 and closes on Sep 30, 2024.

When will the Sahasra Electronic Solutions Ltd IPO be allotted?

The allotment for the Sahasra Electronic Solutions Ltd IPO will be finalised on Oct 1, 2024. The shares will be listed on BSE and NSE on Oct 4, 2024.

What is the minimum lot size required for Sahasra Electronic Solutions Ltd IPO?

The minimum lot size for Sahasra Electronic Solutions Ltd IPO is 400 shares, priced between ₹269 to ₹283 per share.

What is the GMP of Sahasra Electronic Solutions Ltd IPO?

The GMP (Grey Market Premium) of Sahasra Electronic Solutions Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Sahasra Electronic Solutions Ltd IPO?

To check the allotment status of Sahasra Electronic Solutions Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Sahasra Electronic Solutions Ltd IPO getting listed?

The Sahasra Electronic Solutions Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 26, 2024, and closes on Sep 30, 2024. The allotment is finalised on Oct 1, 2024.

How do you apply for the Sahasra Electronic Solutions Ltd IPO?

To apply for the Sahasra Electronic Solutions Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.