| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹186.16 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹186.16 Cr |
| Fresh Issue | ₹162.68 Cr |
| Offer for Sale | ₹14.15 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน269.00-283.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | SAHASRA |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Hem Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 400 shares and in multiples thereof
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
As of March 2024, the company had 160 permanent employees
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards installation of additional plant and machinery at new manufacturing facility situated at Bhiwadi, Rajasthan; | 65.97 |
| 2 | Investment in our Subsidiary, Sahasra Semiconductors Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery | 22.93 |
| 3 | To Meet Working Capital Requirements; | 40.00 |
| 4 | General Corporate Purposes | 29.39 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|
| Assets | 108.04 | 48.20 |
| Total Income | 102.79 | 10.64 |
| Profit After Tax | 32.63 | 2.31 |
| NET Worth | 60.32 | 20.28 |
| Reserves and Surplus | 41.40 | 2.31 |
| Total Borrowing | 21.72 | 6.90 |
| Amount in ₹ Crore | ||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 54.09% |
| ROCE | 42.50% |
| Debt / Equity | 0.36% |
| RoNW | 54.09% |
| PAT Margin | 32.26% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 17.25 | 13.05 |
| P/E (x) | 16.41 | 21.68 |
| Promoter Holding | 95% | 69.9% |
| Market Cap | โน707.30 Cr. | |