Sahasra Electronics Solutions Limited
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₹172(60.78%)
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Sahasra Electronics Solutions Limited's successfully transitioned to public market status with its listing on NSE on Oct 04, 2024. The IPO mobilized 65,78,000 Shares in cumulative capital, including 60,78,000 Shares for corporate expansion and ₹14.15 Cr for shareholder liquidity management.
The public offering was conducted within the price parameters of ₹269 to ₹283, with minimum investment lots of 400 shares. subscription activity between Sep 26, 2024 and Sep 30, 2024 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Oct 01, 2024, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Sahasra Electronic Solutions Limited, incorporated in February 2023 and based in Noida, India, operates in the Electronic System Design and Manufacturing (ESDM) sector. The company provides key services such as Printed Circuit Board Assemblies (PCBAs) used across automotive, medical, industrial, IT, and consumer products like laptops and tablets. Additionally, it offers box build services for complete electronic product assembly and LED lighting solutions encompassing LED chips, power supplies, PCBs, and housing. Sahasra also manufactures IT accessories including motherboards, DRAM modules, SSDs, USB drives, and other memory products. With a manufacturing capacity of 1.8 million units, the company is EN 9100:2018 certified (ISO 9001:2015 compliant) and exports over 80% of its products to markets in the USA, UK, Canada, Germany, Austria, Belgium, Rwanda, and Tunisia. As of March 2024, Sahasra Electronic Solutions Limited employs 160 permanent staff members.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide Range of Services: Sahasra Electronic Solutions offers various services like PCB assembly, box build assemblies, and design solutions, serving industries such as automotive, medical, and IT.
- Global Reach: The company exports over 80% of its products to countries like the USA, UK, and Germany, building strong partnerships with international clients.
- Strategic Location Advantage: Located in a special economic zone (SEZ), the company enjoys tax benefits on its products, making its services more cost-effective.
- Customer Concentration:Heavy reliance on key customers, including group companies; losing any major client could impact revenue and cash flows.
- Dependence on PCBA Sales:Most revenue comes from PCBAs, making the business vulnerable to demand shifts, product quality issues, or rapid tech changes.
- Limited Track Record:Recently incorporated with a short operating history, making it harder to evaluate past performance or future potential.
- Amrit Lal Manwani
- Arunima Manwani
- Varun Manwani
Sahasra Electronics Solutions Limited
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