Sahasra Electronic Solutions Ltd

Sahasra Electronic Solutions Ltd IPO

IPO Price Range: ₹269 - 283

Our Company is an EN 9100:2018 certified company, which is engaged in the business of providing solutions towards electronics system design and manufacturing (ESDM) services at its manufacturing plant located at 68AA, NSEZ, Noida, Uttar Pradesh, which is equipped with four high speed SMT lines having a total capacity of around 1800000 units. We provide product and solutions right from printed circuit board (PCB) assembly, Box Build, LED lighting. Memory, IT accessories, computer and IT hardware. We have during the FY 2024-25, acquired controlling stake in Sahasra Semiconductor Private Limited, whose Semiconductor Packaging Facility is located at Bhiwadi, Rajasthan & engaged in the manufacturing of electronic components like integrated circuits, chips, semiconductor devices, eMMC, mSD, COBs, COB based USBs, LED drivers IC, BGA, NAND flash & memory products.

Min Investment

₹1,13,200

IPO Size

₹186 Cr

IPO Status

Closed

Quantity in 1 Lot

400

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Sahasra Electronic Solutions Ltd

Open Date26 Sep 2024
Close Date30 Sep 2024
Allotment Date1 Oct 2024
Listing Date4 Oct 2024

Key Statistics

Bid Opening DateBid Opening Date26 Sep 2024
Bid Closing DateBid Closing Date30 Sep 2024
Allotment DateAllotment Date1 Oct 2024
Issue SizeIssue Size₹186.16Cr
Quantity in 1 lotQuantity in 1 lot400

Strength and risks

Strength

Strength

  • Experienced Promoters, management and operating team.

  • Dedicated solutions for ESDM services.

  • Established relationships with customers across various countries.

  • Established manufacturing capabilities.

  • Quality Assurance.


Risk

Risk

  • The company business is dependent on the sale of its products to certain key customers which also includes some of its Group Companies. The loss of any of these customers or loss of revenue from sales to these customers could have a materialadverse effect on its business, financial condition, results of operations and cash flows.

  • The company is 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 its revenue from operations and growth prospects.

  • The company has been recently incorporated and has taken-over the running business of M/s Sahasra Electronic Solutions, thus the company has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

  • Inventories and trade receivables form a major part of its current assets. Failures to manage the company inventory and trade receivables could have an adverse effect on its sales, profitability, cash flow and liquidity.

  • Any delay, interruption or reduction in the supply of raw materials required to manufacture its products may adversely affect the companys business, results of operations, cash flows and financial condition.

  • Its business is substantially dependent on the company 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 its estimates could have a material adverse effect on its cashflows, results of operations and financial condition.

  • The company is subject to strict design & quality requirements, customer inspections and audits, and any failures to comply with design & quality standards may lead to cancellation of existing and future orders and could negatively impact its reputation and our business and results of operations and future prospects.

  • The company derives a majority portion of its revenues from exports and are subject to risk of international trade.

  • The Company operates under several statutory and regulatory approvals in respect of its operations. Failures to obtain or maintain licenses, registrations, permits and approvals may affect our business and results of operations.

  • Restrictions on foreign trade and/or any increase in shipment cost may adversely impact its business, cash flows and results of operations.

Promoters Holding

Investors Holdings %
Amrit Lal Manwani94.98%
Arunima Manwani0.01%
Varun Manwani0.01%

About Sahasra Electronic Solutions Ltd

OrganisationSahasra Electronic Solutions Ltd
HeadquartersNew Delhi
IndustryElectronics

Frequently Asked Questions

  • What is the size of the Sahasra Electronic Solutions Ltd IPO?

    The size of the Sahasra Electronic Solutions Ltd IPO is ₹186.16Cr .

  • What is 'pre-apply' for Sahasra Electronic Solutions Ltd IPO?

    'Pre-apply' for Sahasra Electronic Solutions Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Sahasra Electronic Solutions Ltd IPO order be placed?

    Your Sahasra Electronic Solutions Ltd IPO order will be placed on 26 Sep 2024.

  • What are the open and close dates of the Sahasra Electronic Solutions Ltd IPO?

    The open and close dates of the Sahasra Electronic Solutions Ltd IPO are 26 Sep 2024 to 30 Sep 2024.

  • What is the lot size and minimum order quantity of the Sahasra Electronic Solutions Ltd IPO?

    The lot size and minimum order quantity of the Sahasra Electronic Solutions Ltd IPO are 400 and 400 respectively.

  • What would be the listing gains on the Sahasra Electronic Solutions Ltd IPO?

    The potential listing gains on the Sahasra Electronic Solutions Ltd IPO will depend on various market factors and cannot be predicted with certainty.