Sahasra Electronics Solutions Limited
Sahasra Electronics Solutions Limited(SAHASRA)
Total Shares
65,78,000
Issue Size
₹186.16 Cr
Price Band
₹269 – ₹283
Lot Size
400 shares
Min. Investment
₹1,13,200
Max. Investment
₹1,13,200
Open Date
26 Sep, 2024
Close Date
30 Sep, 2024
Allotment
01 Oct, 2024
Listing
04 Oct, 2024
Max. Investment
₹1,13,200
Announced
26 Sep, 2024
Opening Date
26 Sep, 2024
Closing Date
30 Sep, 2024
Basis of Allotment
01 Oct, 2024
Initiation of Refunds
03 Oct, 2024
Credit of Shares
03 Oct, 2024
Listing Date
04 Oct, 2024
Live GMP
Est. Listing: ₹326
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About Sahasra Electronics Solutions Limited IPO
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 manufactu
Sahasra Electronics Solutions Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 32.1% increase in shares
Sahasra Electronics Solutions Limited IPO Financials Health
Sahasra Electronics Solutions Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 400 | ₹1,13,200 |
| Retail Maximum | 1 | 400 | ₹1,13,200 |
| HNI Minimum | 2 | 800 | ₹2,26,400 |
(All values in CR)
Sahasra Electronics Solutions Limited IPO Valuation
| Metric | Value |
|---|---|
| EPS Post IPO | 12.8 |
| EPS Pre IPO | 17.25 |
| P/E Post IPO | 22.11 |
| P/E Pre IPO | 16.41 |
(All values in CR)
Strength & Risk of Sahasra Electronics Solutions Limited IPO
1. Dedicated solutions for ESDM services.
2. Established relationships with customers across various countries.
3. Established manufacturing capabilities.
4. Quality Assurance.
5. Experienced Promoters, management and operating team.
1. Our business is dependent on the sale of our products to certain key customers which also includes some of our 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 our business, financial condition, results of operations and cash flows.
2. We are 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 our revenue from operations and growth prospects.
3. Our company has been recently incorporated and has taken-over the running business of M/s Sahasra Electronic Solutions, thus we have limited operating history as a Company which may make it difficult for investors to evaluate our historical performance or future prospects.
4. Inventories and trade receivables form a major part of our current assets. Failure to manage our inventory and trade receivables could have an adverse effect on our sales, profitability, cash flow and liquidity.
5. Any delay, interruption or reduction in the supply of raw materials required to manufacture our products may adversely affect our business, results of operations, cash flows and financial condition.
6. Our business is substantially dependent on our engineering teams to accurately carryout the designing, engineering and estimation studies for potential orders. Any deviation during the execution of the order as compared to our estimates could have a material adverse effect on our cashflows, results of operations and financial condition.
7. We are subject to strict design & quality requirements, customer inspections and audits, and any failure to comply with design & quality standards may lead to cancellation of existing and future orders and could negatively impact our reputation and our business and results of operations and future prospects.
8. We derive a majority portion of our revenues from exports and are subject to risk of international trade.
9. Our Company operates under several statutory and regulatory approvals in respect of our operations. Failure to obtain or maintain licenses, registrations, permits and approvals may affect our business and results of operations.
10. Restrictions on foreign trade and/or any increase in shipment cost may adversely impact our business, cash flows and results of operations.
Sahasra Electronics Solutions Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 18,74,000 | 18,74,000 | 53.03 |
| HNI | 260.97 | 9,37,600 | 24,46,88,000 | 6 |
| Market Maker | 1.00 | 3,29,600 | 3,29,600 | 9.33 |
| QIB | 100.80 | 12,49,600 | 12,59,65,600 | 3 |
| Retail | 74.85 | 21,87,200 | 16,37,02,000 | 4 |
| Total | 122.16 | 43,74,400 | 53,43,55,600 | 15 |
Sahasra Electronics Solutions Limited IPO GMP
Last updated 21 Sep, 2024 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 21 Sep, 2024 | 283 | ₹43▼ | 13100 | ₹326 (15.19%) | - | 21 Sep, 2024 |
| 23 Sep, 2024 | 283 | ₹100▼ | 30400 | ₹383 (35.34%) | - | 23 Sep, 2024 |
| 24 Sep, 2024 | 283 | ₹180 | 54700 | ₹463 (63.60%) | - | 24 Sep, 2024 |
| 25 Sep, 2024 | 283 | ₹180▼ | 54700 | ₹463 (63.60%) | - | 25 Sep, 2024 |
| 26 Sep, 2024 | 283 | ₹190▼ | 57800 | ₹473 (67.14%) | - | 26 Sep, 2024 |
| 27 Sep, 2024 | 283 | ₹200▼ | 60800 | ₹483 (70.67%) | - | 27 Sep, 2024 |
| 30 Sep, 2024 | 283 | ₹208▲ | 63200 | ₹491 (73.50%) | - | 30 Sep, 2024 |
| 01 Oct, 2024 | 283 | ₹200▲ | 60800 | ₹483 (70.67%) | - | 01 Oct, 2024 |
| 03 Oct, 2024 | 283 | ₹166▼ | 50500 | ₹449 (58.66%) | - | 03 Oct, 2024 |
| 04 Oct, 2024 | 283 | ₹172 | 52300 | ₹455 (60.78%) | - | 04 Oct, 2024 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Sahasra Electronics Solutions Limited IPO
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Find Sahasra Electronics Solutions Limited under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Sahasra Electronics Solutions Limited IPO
Sahasra Electronics Solutions Limited is launching its Initial Public Offering (IPO) to raise capital for business expansion, debt repayment, and general corporate purposes. Below is an analysis of the IPO, highlighting key points, along with a pros and cons list for investors.
Sahasra Electronics Solutions Limited IPO
Sahasra Electronics Solutions Limited, a company specializing in electronics manufacturing and services, is offering up to 65,78,000 equity shares. The funds raised will be used for expanding operations, repaying debts, and meeting corporate objectives.
Company Overview
Sahasra Electronics Solutions operates in the Electronics System Design and Manufacturing (ESDM) sector, with a focus on Printed Circuit Board (PCB) manufacturing and other electronics assembly services. The company also engages in Research and Development (R&D), enabling it to offer cutting-edge electronic solutions for various industries.
- Founded: 2023 (converted to public)
- Industry: Electronics Manufacturing and Services
- Promoters: Amrit Lal Manwani, Arunima Manwani, and Varun Manwani?
Key Details of the IPO
- IPO Size: 65,78,000 equity shares
- Fresh Issue: Up to 60,78,000 equity shares
- Offer for Sale (OFS): Up to 5,00,000 equity shares by promoter Amrit Lal Manwani
- Listing: The shares will be listed on NSE Emerge
- Use of Proceeds:
- Business Expansion: Increasing production capacity
- Debt Repayment: Improving financial stability
- General Corporate Purposes.
Pros of Investing in Sahasra Electronics Solutions Limited IPO
- Growing Industry: Operating in the expanding ESDM sector, Sahasra is positioned to benefit from increasing demand for electronics manufacturing services.
- Experienced Promoters: The company's promoters have significant experience in electronics, enhancing strategic decisions and leadership.
- Focus on R&D: With a commitment to research and development, the company offers innovative solutions, which could drive future growth.
- Increased Demand for PCBs: With the electronics industry growing, the demand for Printed Circuit Boards (PCBs) is also rising, which benefits Sahasra.
- Debt Repayment: Using the IPO proceeds to reduce debt will strengthen the company’s financial stability, reducing interest expenses.
Cons of Investing in Sahasra Electronics Solutions Limited IPO
- Highly Competitive Industry: The ESDM sector is highly competitive, and Sahasra faces competition from established players with more significant market share.
- Economic Sensitivity: As a manufacturing company, Sahasra is vulnerable to global economic conditions, which could affect demand for electronics.
- Limited Operational History: Being newly incorporated as a public company in 2023, Sahasra has limited operational history as a listed company.
- First Public Issue: This is the company's first public issue, leading to uncertainties regarding stock performance after listing? .
Financial Performance and Market Position
While Sahasra Electronics Solutions Limited is relatively new to the public markets, the company has shown growth potential driven by demand for electronics manufacturing and design services.
- Revenue Growth: Sahasra has demonstrated revenue growth through its expanding operations in the ESDM sector.
- Profitability: The company maintains a modest profit margin, which is expected to improve with debt repayment and expansion efforts.
- Debt Management: A significant portion of the IPO proceeds will be allocated to repaying existing loans, reducing financial leverage? .
Should You Invest in Sahasra Electronics Solutions Limited IPO?
Investing in Sahasra Electronics Solutions Limited’s IPO offers an opportunity to participate in the fast-growing ESDM sector. The company's focus on expanding its manufacturing capabilities and reducing debt is promising. However, investors should carefully weigh the risks, including market competition and economic sensitivity, before making an investment decision.
Conclusion
The Sahasra Electronics Solutions Limited IPO presents an opportunity to invest in a growing electronics manufacturing company with innovative products and expansion plans. While the company has potential, investors should consider the challenges in the competitive electronics sector.
FAQs About Sahasra Electronics Solutions Limited Ipo
Sahasra Electronics Solutions Limited IPO will open on 26 Sep, 2024 and close on 30 Sep, 2024. Investors must apply within this period to participate.
The Sahasra Electronics Solutions Limited IPO price band is set between ₹269.00 and ₹283.00 per share. The minimum lot size is 400, requiring an investment of at least ₹113200.00.
The Sahasra Electronics Solutions Limited IPO shares are expected to be listed on 04 Oct, 2024, subject to regulatory approvals and final allotment.
You can track your Sahasra Electronics Solutions Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Sahasra Electronics Solutions Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.