Sahasra Electronics Solutions
Listed
Listed
IPO Timeline
Issue open date
26 Sep 2024Issue close date
30 Sep 2024UPI mandate deadline
30 Sep 2024Allotment finalization
1 Oct 2024Refund initiation
3 Oct 2024Share credit
3 Oct 2024Listing date
4 Oct 2024Mandate end date
15 Oct 2024Lock-in end date for anchor investors (50%)
30 Oct 2024Lock-in end date for anchor investors (remaining)
29 Dec 2024Key Dates
Open
26 Sep 2024Close
30 Sep 2024Listing
4 Oct 2024Quick Stats
Issue Size:186cr
Lot Size:400 shares
About the Company
Sahasra Electronic Solutions Limited was established in 2000. It is engaged in providing electronics system design and manufacturing (ESDM) services. The company operates through its manufacturing facility located in Noida, Uttar Pradesh, which is equipped with high-speed SMT lines for the assembly of printed circuit boards (PCBs). Sahasra also specializes in box build assembly, LED lighting, IT hardware, and memory products. The company has recently expanded its operations by acquiring Sahasra Semiconductor Private Limited, enhancing its capabilities in semiconductor manufacturing.
Strengths
- Sahasra offers a wide range of ESDM solutions, from PCB assembly to box build and IT hardware.
- The company has state-of-the-art manufacturing facilities with modern, high-speed equipment, ensuring quality and efficiency.
- The company’s products are manufactured under strict quality control processes, earning the company EN 9100:2018 certification.
- The leadership and management team bring a wealth of industry experience, contributing to the company’s success.
Risks
- A significant portion of the company’s business comes from a few key customers, making it vulnerable to any changes in their purchasing patterns.
- As Sahasra exports a substantial portion of its products, fluctuations in foreign exchange rates could negatively impact profitability.
- The company operates in a highly competitive industry with many international and domestic players, which could affect market share and profitability.
- Global or domestic economic slowdowns, particularly in key export markets like the U.S., could adversely affect the company’s business and financial condition.
Sahasra Electronics Solutions IPO – Frequently Asked Questions
- The Sahasra Electronics Solutions IPO opens on September 26, 2024 and closes on September 30, 2024.
- The tentative listing date for the Sahasra Electronics Solutions IPO is October 4, 2024.
- You can apply for the Sahasra Electronics Solutions IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Sahasra Electronics Solutions, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Sahasra Electronics Solutions IPO is 400 shares. Investors must apply for at least one lot (i.e., 400 shares).