Sahasra Electronics IPO GMP : Sahasra Electronics IPO GMP is Open on 26 September 2024 and Close on 30 September 2024. Sahasra Electronics IPO to Raise 65,78,000 shares (Approx ₹[.] Cr) via IPO. The Fresh issue of 60,78,000 shares (Approx ₹[.] Cr) and The Offer For Sale is 5,00,000 shares (Approx ₹[.] Cr).
We operate through our manufacturing facility situated at 68AA, NSEZ, Noida, Uttar Pradesh, which is located in a Special Economic Zone. Our manufacturing facilities include engineered layout with process controls and necessary automations for quality and productivity.
This allows us to keep our core competencies within our Company, allowing us to ensure strict quality control and safety at each step of our manufacturing process. Our manufacturing facilities comprises of four SMT lines equipped with machines including RMTS high speed clip machine, surface mount technology (“SMT”) machines, lead free wave soldering machine, PCBA router, high speed compact modular mounter, reflow oven and surface cleaning machines.
We have also installed quality inspection machines such as high speed PWB inspection, PWB Visual inspection and X-Ray inspection machines to ensure the high standards of product quality. Our manufacturing facility is staffed with a workforce of approximately 160 employees, as of March 31, 2024 which includes a team of around 35 engineers dedicated to enhancing our operational efficiency.
Our current product portfolio may be categorized as follows :
- Printed circuit board assemblies (“PCBA”): Our PCBAs are used in products manufactured in the automotive, medical, industrial, IT and consumer products industries, and shall include box-build products such as laptop and tablets.
- LED Lighting solutions, which include LED Chip – the source of the lightning, power supply or the driver, printed circuit board for LED’s, housing or the frame.
- Computer and IT accessories, which include motherboards, DRAM modules, solid state drives (SSD), USB drives and other memory products and IT accessories.
We have developed long relationships with certain of our customers through a client servicing model which aims to provide integrated solutions, robust manufacturing capabilities and delivering quality products on time. For better quality and customer satisfaction we entrench with the customers from the conception of their product, and subsequently move up the value chain with them by leveraging our integrated offerings.
Sahasra Electronics IPO Date & Price Band Details
| IPO Open Date | 26 Sep 2024 |
|---|---|
| IPO Close Date | 30 Sep 2024 |
| IPO Size | 65,78,000 shares (Approx ₹[.] Cr) |
| Fresh Issue | 60,78,000 shares (Approx ₹[.] Cr) |
| Offer For Sale | 5,00,000 shares (Approx ₹[.] Cr) |
| Lot Size | 400 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹269 to ₹283 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Sahasra Electronics IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 400 | ₹1,13,200 |
| Retail Maximum | 1 | 400 | ₹1,13,200 |
| S-HNI Minimum | 2 | 800 | ₹2,26,400 |
Object of the Issue
- Funding Capital Expenditure towards installation of additional plant and machinery at new manufacturing facility situated at Bhiwadi, Rajasthan.
- Investment in our Subsidiary, Sahasra Semiconductors Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery.
- To Meet Working Capital Requirements.
- General Corporate Purposes.
Sahasra Electronics IPO Allotment & Listings (Details)
| IPO Open Date | 26 Sep 2024 |
|---|---|
| IPO Close Date | 30 Sep 2024 |
| Basis of Allotment | 1 Oct 2024 |
| Refunds | 3 Oct 2024 |
| Credit to Demat Account | 3 Oct 2024 |
| IPO Listing Date | 4 Oct 2024 |
Sahasra Electronics Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2024 | ₹101.15 | ₹68.59 | ₹32.63 |
| 2023 | ₹10.43 | ₹8.25 | ₹2.31 |
Our Company Promoters
- Amrit Lal Manwani
- Arunima Manwani
- Varun Manwani
Qualitative Factors
- Dedicated solutions for ESDM services.
- Established relationships with customers across various countries.
- Established manufacturing capabilities.
- Quality Assurance.
- Experienced Promoters, management and operating team.
Comparison of Accounting Ratios with Peer Group Companies
| Company Name | Face Value | EPS | P/E Ratio | RONW | NAV Per | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| Sahasra Electronic Solutions Ltd | 10.00 | 18.05 | [.] | 54.09% | 33.37 | 10278.79 |
| Peer Group | ||||||
| Kaynes Technology India Ltd | 10.00 | 30.63 | 121.47 | 7.37% | 389.32 | 186053.50 |
| Trident Techlabs Ltd | 10.00 | 5.52 | 110.18 | 20.12% | 26.95 | 7300.39 |
Also Read: Kalana Ispat IPO
Sahasra Electronics Company Contact Details
33, Pocket 1, Jasola Vihar New Friends Colony, South Delhi-110025,
New Delhi, India.
Tel. No.: +91-120-4202604
Email: contact@seslimited.in
Website: www.seslimited.in
Sahasra Electronics Lead Manager
Hem Securities Limited
904, A Wing, Naman Midtown, Senapati Bapat
Marg, Elphinstone Road, Lower Parel, Mumbai-400013,
Maharashtra, India.
Tel No.:+91-22-4906 0000
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Sahasra Electronics IPO Registrar
Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park, Next to
Ahura Centre, Mahakali Caves Road, Andheri (East)
Mumbai-400093, Maharashtra India.
Tel No.:+91 22 6263 8200
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Vinayak Morbale
Website: www.bigshareonline.com
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