Last updated on October 10th, 2024 at 05:56 pm
Sahasra Electronics Limited IPO launching on September 26, 2024, and concluding on September 30, 2024, is set at an issue price between ₹269 and ₹283 per equity share. Each share has a face value of ₹10, and the lot size is 400 shares. This fresh issue includes up to 60,78,000 equity shares along with an offer for sale of up to 5,00,000 shares, which features a market maker portion of 3,29,600 shares and an anchor allocation of 18,74,000 shares.
About Sahasra Electronics Limited
Sahasra Electronics Limited is a leading manufacturer and supplier of electronic components and solutions. The company specializes in providing high-quality products to various industries, including telecommunications, automotive, consumer electronics, and more. Sahasra Electronics focuses on innovation and reliability, positioning itself as a key player in the electronics sector.
IPO Details
- IPO Start Date: 26th September 2024
- IPO End Date: 30th September 2024
- Issue Price: ₹269 – ₹283 per equity share
- Face Value: ₹10 per equity share
- Lot Size: 400 Shares
- Total Issue Size: Fresh Issue of up to 60,78,000 equity shares and Offer for Sale of up to 5,00,000 equity shares (including Market Maker portion of 3,29,600 equity shares and Anchor Allocation of 18,74,000 equity shares)
- Maximum Subscription for Retail Investor: ₹2,00,000
- Status: 100% Book Building
GMP Price (Grey Market Premium)
Sahasra Electronics IPO GMP is ₹200 as of today.
Promoters
| Promoter Name | Stake |
|---|---|
| Amrit Lal Manwani | Pre-IPO shares held – 1,79,64,700 (94.98%); Post-IPO shares held – 1,74,64,700 (69.88%). |
| Varun Manwani | Pre-IPO shares held – 1,200 (0.01%); Post-IPO shares held – 1,200 (Negligible). |
| Arunima Manwani | Pre-IPO shares held – 1,200 (0.01%); Post-IPO shares held – 1,200 (Negligible). |
Financial Summary
- Revenue from Operations: ₹10,278.79 lakhs in FY 2024, ₹1,063.91 lakhs in FY 2023, and ₹6,002.92 lakhs in FY 2022.
- Profit After Tax (PAT): ₹3,262.77 lakhs in FY 2024, ₹230.55 lakhs in FY 2023, and ₹1,794.56 lakhs in FY 2022.
- Earnings per Share: ₹18.05 in FY 2024, ₹1.30 in FY 2023, and ₹10.11 in FY 2022.
- Net Worth: ₹6,031.69 lakhs in FY 2024, ₹2,027.50 lakhs in FY 2023, and ₹2,435.06 lakhs in FY 2022.
- Total Borrowings: ₹2,171.89 lakhs as of March 31, 2024.
Subscription Details
| Category | No. of Applications Received | No. of Shares Bid For |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 4 | 73,68,800 |
| Foreign Institutional Investors (FIIs) | – | – |
| Domestic Financial Institutions (Banks/FIs/Insurance Companies) | 1 | 28,00,000 |
| Mutual Funds | – | – |
| Others | 3 | 45,68,800 |
| Non-Institutional Investors (NIBs) | 1,120 | 16,86,400 |
| Corporates | 11 | 22,400 |
| Individuals (Other than RIIs) | 1,103 | 16,24,800 |
| Others | 6 | 39,200 |
| Retail Individual Investors (RIIs) | 24,387 | 97,54,800 |
| Total | 25,511 | 1,88,10,000 |
Important Dates
| Event | Date |
|---|---|
| Offer Start | 26th Sep 2024 |
| Offer End | 30th Sep 2024 |
| Allotment | To be announced |
| Refund Initiation | To be announced |
| Demat Transfer | To be announced |
| Listing | To be announced |
FAQs
Sahasra Electronics Limited IPO GMP
Sahasra Electronics IPO GMP is ₹200 as of today.
Sahasra Electronics IPO Listing Date
The expected listing date will be updated once confirmed.
Sahasra Electronics IPO Listing Price
The listing price will be determined on the day of listing.
Sahasra Electronics IPO Review
The IPO review will be updated based on market sentiment and investor response.
Sahasra Electronics IPO Price
The issue price is set at ₹269 to ₹283 per share.
Sahasra Electronics IPO Date
Active from 26th to 30th September 2024.
Sahasra Electronics IPO Review
A detailed review will be provided based on subscription data and market feedback.
