
Information Technology / Electronics · NSE
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.
Price Band
₹269 – ₹283
Issue Size
₹186 Cr
Lot Size
400 shares
GMP
+60.8%
Est. Listing
₹455
at current GMP
Subscribed
122.18x
overall
Open
26 Sep 2024
Close
30 Sep 2024
Allotment
1 Oct 2024
Refund
2 Oct 2024
Demat Credit
3 Oct 2024
Listing
4 Oct 2024
Designated Registrar: Bigshare Services Private Limited
Allotment Date
1 Oct 2024
Basis finalization
Refunds Initiate
2 Oct 2024
Mandate release
Demat Credit
3 Oct 2024
Shares in demat
Listing Debut
4 Oct 2024
Trading begins
Sahasra Electronics Solutions Limited is bringing an initial public offering (IPO) in the Information Technology / Electronics sector with an aggregate issue size of ₹186.16 Crores. The shares are offered at a price band of ₹269 to ₹283 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-09-30, the basis of allotment is scheduled to be finalized on 2024-10-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.