
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
Overall Subscription
122.18x
Total Demand
QIB Multiplier
100.80x
Institutions & Funds
NII / HNI
261.00x
High Net-Worth
Retail (RII)
74.89x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,249,600 | 125,965,600 | 100.80x |
| NIB | 937,600 | 244,712,400 | 261.00x |
| RETAIL | 2,187,200 | 163,805,200 | 74.89x |
| Total | 4,374,400 | 534,483,200 | 122.18x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 5,756 | 431,067 | 74.89x |
| HNIs (10L +) | 37 | 9,657 | 261.00x |
| HNIs (2-10L) | 176 | 45,936 | 261.00x |
| Total Applications | 5,969 | 486,660 | 81.53x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Sahasra Electronics Solutions Limited IPO is ₹172 per equity share. Based on the upper price band of ₹269 to ₹283 per equity share, the estimated listing price is ₹455 (+60.8% expected listing gain).
With a lot size of 400 shares and current GMP of ₹172, the expected profit per application lot is approx ₹68,800 (+60.8% gain). Minimum application cost is approx ₹1,13,200.
The Sahasra Electronics Solutions Limited IPO aggregate issue size is ₹186.16 Crores with an equity price band set at ₹269 to ₹283 per equity share. The retail lot size is 400 shares requiring a minimum capital outlay of approx. ₹1,13,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 122.18x (Retail: 74.89x, QIB: 100.80x, NII: 261.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-10-01. Investors can verify status using PAN card or application number.
Sahasra Electronics Solutions Limited shares are scheduled to list on NSE on 2024-10-04.