Sahana System Limited
ListedSMEInformation Technology · NSE
Incorporated in 2020, Sahana System Limited is engaged in providing a wide range of IT services including web and mobile app development, AI and ML solutions, chatbot development, and product prototyping. The company also offers UI/UX design, graphic designing, SEO, ASO, digital marketing, cybersecurity, and IT outsourcing services. Certified with CMMI Maturity Level 3 and ISO 9001:2015 & ISO/IEC 27001:2013 accreditations, Sahana System is recognized as a startup by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry, with recognition valid for 10 years from incorporation.
Price Band
₹132 – ₹135
Issue Size
₹32.74 Cr
Lot Size
1000 shares
GMP
₹20
+14.8%
Est. Listing
₹155
at current GMP
Subscribed
10.01x
overall
Open
31 May 2023
Close
2 Jun 2023
Allotment
7 Jun 2023
Refund
8 Jun 2023
Demat Credit
9 Jun 2023
Listing
12 Jun 2023
Last updated 12 days ago
Overall Subscription
10.01x
Total Demand
QIB Multiplier
9.70x
Institutions & Funds
NII / HNI
7.19x
High Net-Worth
Retail (RII)
12.89x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 230,000 | 2,232,000 | 9.70x |
| NIB | 1,035,000 | 7,440,000 | 7.19x |
| RETAIL | 1,035,000 | 13,343,000 | 12.89x |
| Total | 2,300,000 | 23,015,000 | 10.01x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 849 | 10,944 | 12.89x |
| HNIs (10L +) | 5 | 36 | 7.19x |
| HNIs (2-10L) | 26 | 187 | 7.19x |
| Total Applications | 880 | 11,167 | 12.69x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Sahana System Limited Public Issue & Market Profile
Sahana System Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹32.74 Crores. The shares are offered at a price band of ₹132 to ₹135 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,35,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-06-09, while un-allotted funds or UPI block mandates will be released on 2023-06-08.
Frequently Asked Questions
What is Sahana System Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Sahana System Limited IPO is ₹20 per equity share. Based on the upper price band of ₹132 to ₹135 per equity share, the estimated listing price is ₹155 (+14.8% expected listing gain).
What is the expected profit per lot for Sahana System Limited IPO?
With a lot size of 1000 shares and current GMP of ₹20, the expected profit per application lot is approx ₹20,000 (+14.8% gain). Minimum application cost is approx ₹1,35,000.
What is the issue size and price band for Sahana System Limited IPO?
The Sahana System Limited IPO aggregate issue size is ₹32.74 Crores with an equity price band set at ₹132 to ₹135 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,35,000.
How can I check Sahana System Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 10.01x (Retail: 12.89x, QIB: 9.70x, NII: 7.19x). You can track live multiples directly on our dedicated subscription page.
Where and when will Sahana System Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2023-06-07. Investors can verify status using PAN card or application number.
When is the listing date for Sahana System Limited IPO?
Sahana System Limited shares are scheduled to list on NSE on 2023-06-12.