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Sahasra Electronics Solutions IPO
Price Band
₹269.0–283.0
Issue Size
₹186.16 Cr
Lot Size
400 shares
Min Investment
₹113,200
GMP
+₹172.0 (60.78%)
Issue Price
₹283.0
Subject to Sauda
₹52300
Paid only if allotted
Sahasra Electronics Solutions IPO AI Summary
- Sahasra Electronics Solutions IPO is listed on NSE SME in the Other Industrial Products sector.
- Price band: ₹269.0–₹283.0 per share, lot size 400 shares (min. investment ₹113,200).
- Subscription window: 26 Sep–30 Sep 2024, listing on 04 Oct 2024.
- Current GMP is +₹172.0 (60.78%), an estimated listing price of ₹455 — unofficial and can change daily.
Sahasra Electronics Solutions Limited is a newly established ESDM company with significant growth in revenue and profit within its first year of operations. With a focus on exports and a diverse product portfolio, it aims to leverage its manufacturing capabilities in a favorable economic zone.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Sahasra Electronics Solutions IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 30 Sep 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Sahasra Electronics Solutions IPO Grey Market Premium (GMP) Today
GMP
+₹172.0
GMP %
+60.78%
Est. Listing
₹455.0
Updated: 25 Jul 2026 14:03
About the Company
Incorporated in February 2023, Sahasra Electronic Solutions Limited is an Electronic System Design and Manufacturing company that provides electronic system design and manufacturing ("ESDM") services at its Noida plant. The company provides products and solutions such as printed circuit board ("PCB") assembly, Box Build, and LED lighting. Memory, IT accessories, computer and IT hardware. During FY 2024, the company exported over 80% of its products and solutions to global manufacturers in countries such as the United States of America, Rwanda, Tunisia, the United Kingdom, Germany, Canada, Austria, and Belgium. The company has a manufacturing capacity of 1.8 million units through its EN 9100:2018 certified plant in Noida. The product portfolio of the company includes: 1. Printed circuit board assemblies (PCBAs): The company's PCBAs are utilized in products manufactured in the automotive, medical, industrial, IT, and consumer products industries. This includes box-build products such as laptops and tablets. 2. LED lighting solutions include the LED chip, power supply, printed circuit board, and housing. 3.Computer and IT accessoriesinclude motherboards, DRAM modules, solid-state drives (SSD), USB drives, and other memory products and accessories. The company is certified under 9100:2018 (equivalent to AS 9100D and JISQ 9100:2016, including ISO 9001:2015) for Quality Management Systems for manufacturing PCB assemblies. Competitive Strengths Diverse solutions including PCB assembly, box build assemblies, and design solutions. Established relationships with customers across various countries The manufacturing facility is in a special economic zone, giving access to tax benefits for its products manufactured and exported from there. The ERP platform meets the quality standards its customers require. Diversified Board of Directors, complemented by a robust management team with extensive experience in the electronic manufacturing sector. As of March 2024, the company had 160 permanent employees
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|
| Assets | 108.04 | 48.20 |
| Total Income | 102.79 | 10.64 |
| Profit After Tax | 32.63 | 2.31 |
| NET Worth | 60.32 | 20.28 |
| Reserves and Surplus | 41.40 | 2.31 |
| Total Borrowing | 21.72 | 6.90 |
Key Ratios
EPS
₹17.25
NAV
₹33.37
ROE
54.09%
ROCE
42.50%
RoNW
54.09%
P/E Ratio
16.41
Market Cap
₹707.30 Cr
PAT Margin
32.26%
Debt/Equity
0.36
Peer Comparison
| Company | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|
| Trident Techlabs Limited | 20.12% | 153.99 | 5.52 | 5.52 |
| Kaynes Technology India Limited | 7.37% | 181.56 | 30.63 | 30.63 |
| Sahasra Electronics Solutions Limited This IPO | 54.09% | 16.41 | 18.05 | 18.05 |
Promoters
Amrit Lal Manwani, Arunima Manwani and Varun Manwani
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding Capital Expenditure towards installation of additional plant and machinery at new manufacturing facility situated at Bhiwadi, Rajasthan; 65.97 2 Investment in our Subsidiary, Sahasra Semiconductors Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery 22.93 3 To Meet Working Capital Requirements; 40.00 4 General Corporate Purposes 29.39
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹10.64 Cr in the year ending 31 Mar 2023, rising significantly to ₹102.79 Cr by 31 Mar 2024.
Profit Trend
Profit After Tax was ₹2.31 Cr in the year ending 31 Mar 2023, increasing to ₹32.63 Cr by 31 Mar 2024.
Valuation
Sahasra Electronics Solutions Limited has an implied P/E of 16.41 at the issue price, compared to peers trading at P/E ratios of 153.99 for Trident Techlabs Limited and 181.56 for Kaynes Technology India Limited.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing gain of an IPO. It is the difference between the expected listing price and the issue price, reflecting market sentiment towards the IPO before it officially lists.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors who prefer stable, established companies with a proven track record may want to avoid this IPO, as it is a relatively new entrant in the market and may carry higher risks associated with new business operations.
IPO Timeline, Explained
The IPO opens for subscription on 26 September 2024 and closes on 30 September 2024. Allotment of shares will be done on 1 October 2024, with the listing expected on 4 October 2024.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While a high GMP indicates potential for listing gains, market conditions on the day of listing can significantly impact actual performance. Investors should be prepared for the possibility of volatility.
This evaluation is generated from Sahasra Electronics Solutions's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Sahasra Electronics Solutions IPO GMP today?
Sahasra Electronics Solutions IPO GMP today is +₹172.0 (60.78%), indicating an estimated listing price of ₹455. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Sahasra Electronics Solutions IPO?
The price band of Sahasra Electronics Solutions IPO is ₹269.0–₹283.0 per share.
When does Sahasra Electronics Solutions IPO open and close?
Sahasra Electronics Solutions IPO opens on 26 September 2024 and closes on 30 September 2024.
When does Sahasra Electronics Solutions IPO list on the stock exchange?
Sahasra Electronics Solutions IPO listed on 04 October 2024 at ₹455.0.
What is the lot size for Sahasra Electronics Solutions IPO?
The lot size for Sahasra Electronics Solutions IPO is 400 shares, requiring a minimum investment of ₹113,200.
What is the lot size for this IPO?
The lot size for Sahasra Electronics Solutions IPO is 400 shares.
What is the minimum investment required?
The minimum investment required is ₹113,200.
What is the price band for this IPO?
The price band for the IPO is ₹269.0 to ₹283.0.
When is the listing date for this IPO?
The listing date for Sahasra Electronics Solutions is 4 October 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing gain of an IPO based on unofficial trading before it lists.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
26 Sep 2024
Close
30 Sep 2024
Allotment
01 Oct 2024
Listing
04 Oct 2024
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