Sahasra Electronics Solutions IPO Details
| IPO Size | ₹186.16 Cr |
| Price Range | ₹269 - ₹283 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 400 |
| Investment (cut-off price) | ₹113,200 |
| Pre IPO Promotor Holding | 95.00% |
| Post IPO Promotor Holding | 69.90% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Sahasra Electronics Solutions IPO Timelines
26/09/2024
Start Date30/09/2024
End Date03/10/2024
Refund Initiation03/10/2024
Credit of Shares to Demat Ac04/10/2024
Listing DateSahasra Electronics Solutions IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 400 | ₹113,200 |
| Retail Maximum | 1 | 400 | ₹113,200 |
| HNI Minimum | 2 | 800 | ₹226,400 |
Sahasra Electronics Solutions IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 100.80x | 260.46x | 74.85x | -- | 122.06x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹537.70 | ₹564.55 | ₹565.55 | ₹537.70 |
Sahasra Electronics Solutions IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹10.64 | ₹8.25 | ₹2.31 |
| FY 2024 | ₹102.79 | ₹68.59 | ₹32.63 |
About Company
Sahasra, established in 2000, has become a prominent player in India’s electronics system design and manufacturing sector, operating for over 24 years. The company specializes in various areas, including PCB fabrication, electronic manufacturing services (EMS), memory products, consumer and enterprise IT hardware, semiconductor packaging, smart LED lighting, and smart cards. With exports to over ten countries, Sahasra serves some of the largest companies in India and globally, embodying its motto, “We Assemble Relationships.”
Sahasra Electronic Solutions Limited (SESL) was founded in 2020 as the group’s second EMS facility to address growing export market demands. SESL supports customers with PCB fabrication, assembly, wire harnessing, and box build solutions, featuring advanced setups for IT hardware products tailored to high-end enterprise solutions. Notably, SESL is the first domestic company in India to manufacture motherboards, server systems, and enterprise-grade SSDs for both domestic and international clients.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2023 | Electricals | Amrit Manwani |
Know Before Investing
Sahasra Electronics Solutions IPO Strengths
- Offers specialized services in Electronics System Design and Manufacturing (ESDM).
- Maintains strong global customer partnerships.
- Possesses robust manufacturing facilities and expertise.
- Implements rigorous quality assurance processes to ensure product excellence.
- Led by a skilled team with extensive industry experience.
Sahasra Electronics Solutions IPO Risks
- The company relies heavily on sales to key customers, including group companies; losing any of these customers could materially affect its business, financial condition, and cash flows.
- Significant revenue dependence on PCBA sales means that failure to adapt to product upgrades, ensure quality, or maintain demand may negatively impact revenue and growth prospects.
- Recently incorporated, the company has taken over the operations of M/s Sahasra Electronic Solutions, resulting in a limited operating history that may complicate performance and future prospect evaluations for investors.
Swot Analysis for Sahasra Electronics Solutions IPO
Strengths
Weaknesses
Opportunities
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Company 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/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of Sahasra Electronics Solutions IPO are:
- Funding Capital Expenditure towards the installation of additional plant and machinery at a new manufacturing facility situated at Bhiwadi, Rajasthan;
- Investment in the Subsidiary, Sahasra Semiconductors Private Limited, for financing its capital expenditure requirements for the installation of additional plant and machinery;
- To Meet Working Capital Requirements;
- General Corporate Purposes.
Hem Securities Limited is the book-running lead managers for the Sahasra Electronics Solutions IPO.