Sahasra Electronics Solutions Limited, a key player in the electronic system design and manufacturing (ESDM) sector, is set to introduce its initial public offering (IPO). This offers a great opportunity for investors interested in investing in India's burgeoning electronics market. Sahasra Electronics Solutions Limited IPO categorised as a Small and Medium Enterprise (SME) IPO, has generated significant interest due to its promising growth trajectory and innovative services.
In this guide, we’ll explore the IPO details, company background, financials, and key highlights to help investors decide whether to invest in the Sahasra Electronics Solutions Limited IPO.
Opening for subscription on 26th September 2024 and closing on 30th September 2024, the Sahasra Electronics Solutions Limited IPO SME aims to raise ₹186.16 crore. This comprises a fresh issue of 60.78 lakh shares worth ₹172.01 crore, along with an offer for sale (OFS) of 5 lakh shares valued at ₹14.15 crore. The price band for this IPO is set between ₹269 and ₹283 per share, and the minimum lot size is 400 shares.
Investors interested in IPO investment should note that the minimum investment required for retail investors is ₹113,200. As one of the upcoming IPO, the shares are set to be listed on the NSE SME exchange.
| Details | Values |
| Sahasra Electronics Solutions Limited IPO size | ₹186.16 crores |
| Sahasra Electronics Solutions Limited IPO price band | ₹269 to ₹283 per share |
| Minimum lot size | 400 shares |
| Retail investment (Min) | ₹113,200 |
| HNI investment (Min) | ₹226,400 (800 shares) |
| Fresh issue size | ₹172.01 crores |
| Offer for sale | ₹14.15 crores |
| Listing on | NSE SME |
The timeline for the Sahasra Electronics Solutions Limited IPO is set with clear deadlines. The IPO is scheduled to open on 26 September 2024 and close on 30 September 2024, with the allotment of shares taking place in the following week. Below is the timeline in table format:
| IPO event | Date |
| Sahasra Electronics Solutions Limited IPO open date | 26th September, 2024 |
| Sahasra Electronics Solutions Limited IPO close date | 30th September, 2024 |
| Allotment finalisation | 1st October, 2024 |
| Refund initiation | 3rd October, 2024 |
| Credit of shares to demat | 3rd October, 2024 |
| Listing date | 4th October, 2024 |
Founded in February 2023, Sahasra Electronics Solutions Limited has rapidly emerged as a leader in providing ESDM services from its Noida-based facility. The company specialises in printed circuit board assemblies (PCBA), box build products, and LED lighting solutions. Sahasra exports over 80% of its products to global markets, including the USA, Germany, and the UK.
With a robust manufacturing capacity of 1.8 million units annually, Sahasra Electronics Solutions Limited is positioned to take advantage of India’s growing electronics market. The company is certified under multiple international standards, ensuring high-quality manufacturing processes.
The Sahasra Electronics Solutions Limited IPO GMP (Grey Market Premium) is reportedly on the rise, reflecting the high interest among investors. According to recent reports, the IPO's GMP indicates a healthy premium, suggesting confidence in the company's financial growth prospects.
Looking at the Sahasra Electronics Solutions Limited IPO reviews, market analysts are optimistic. The company’s financial growth in FY 2024 has been robust, with an 866% revenue increase and a 1315% jump in profit after tax (PAT). Analysts recommend IPO investment for those seeking medium to long-term gains.
The financial performance of Sahasra Electronics Solutions Limited has been remarkable. Between the financial years ending 2023 and 2024, the company’s revenue surged by 866%, and its profit after tax (PAT) increased by 1,315%. These impressive figures highlight the company’s potential for continued growth, making the Sahasra Electronics Solutions Limited IPO an attractive option for investors. Key financial data is outlined below:
| Financial indicator | FY 2023 | FY 2024 |
| Revenue | ₹1,063.91 lakh | ₹10,278.79 lakh |
| Profit after tax (PAT) | ₹230.55 lakh | ₹3,262.77 lakh |
| Net worth | ₹2,027.50 lakh | ₹6,031.69 lakh |
| Total borrowings | ₹689.84 lakh | ₹2,171.89 lakh |
Sahasra Electronics Solutions Limited has several strengths that set it apart in the SME IPO market:
While Sahasra Electronics Solutions Limited has impressive strengths, there are also challenges investors should consider:
The Sahasra Electronics Solutions Limited IPO offers a compelling investment opportunity, especially for those looking to invest in a high-growth SME IPO. With strong financials, a diverse portfolio of solutions, and a global market presence, Sahasra is well-positioned for future success. However, investors should be mindful of the challenges the company faces, particularly regarding the sustainability of its current growth.
Ultimately, investing in Sahasra Electronics Solutions Limited IPO can be a smart move for those looking to diversify their portfolio with a promising SME in the electronics sector. As always, it’s essential to conduct thorough research and consider your financial goals before making any IPO investment.
The Sahasra Electronics Solutions Limited IPO stands out as one of the most promising upcoming IPOs in 2024. With its solid financial performance and robust global footprint, this IPO could attract significant interest from both retail and institutional investors. However, like any IPO investment, it comes with its own set of risks. Careful consideration of the company’s strengths and challenges will help you make an informed decision.
The Sahasra Electronics Solutions Limited IPO opens on 26 September 2024 and closes on 30 September 2024.
The IPO price band is set between ₹269 to ₹283 per share.
The minimum lot size for this IPO is 400 shares, requiring a minimum investment of ₹113,200 for retail investors.
The promoters of the company are Amrit Lal Manwani, Arunima Manwani, and Varun Manwani.
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