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Sahasra Electronic Solutions SME IPO Details, Financials, Valuation & Peers
By IPOBase •Last Updated on
Explore Sahasra Electronic Solutions IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Status
Listed
Biding Dates
26 Sep - 30 Sep 2024
Price Range
₹269 - ₹283
Issue Size
₹186.16 crore
Listed Price
₹537.790.00%
Overview
Sahasra Electronic Solutions Limited specializes in electronics system design and manufacturing (ESDM) services. The company's primary manufacturing facility is located in Noida, Uttar Pradesh, equipped with advanced Surface Mount Technology (SMT) lines, offering solutions that range from printed circuit board assembly (PCBA) to complete box build solutions, LED lighting, memory products and IT hardware. Sahasra Electronic Solutions exports over 80% of its products to global clients in countries such as the USA, UK, Germany and Canada, among others. The company caters to industries like automotive, medical, industrial, IT, and consumer products, providing integrated solutions tailored to meet client needs. Additionally, through its subsidiary, Sahasra Semiconductor Private Limited, the company has expanded into semiconductor packaging.
Key Points:
- Product Portfolio:
- PCBA: Serving automotive, medical, industrial and consumer electronics industries.
- LED Lighting: Offering complete LED lighting solutions, including LED chips, drivers and housings.
- Memory Products: DRAM modules, SSDs and USB flash drives.
- IT Hardware: Motherboards, laptops, tablets and computer accessories.
- Global Reach: The company exports over 80% of its products to various countries, including the USA, Rwanda, Tunisia, UK, Germany, Canada, Austria and Belgium.
- Semiconductor Expansion: Through its subsidiary, Sahasra Semiconductor Private Limited, the company manufactures semiconductors and electronic components like integrated circuits, NAND flash and memory products.
- Manufacturing Facilities: The Noida facility is equipped with four high-speed SMT lines and machines for high precision manufacturing, including PWB inspection and X-ray inspection, ensuring quality and productivity.
- R&D Focus: The company’s in-house R&D team supports electronic hardware design, system architecture, mechanical design and optics engineering, helping customers reduce costs and innovate.
Objects of the Issue
- Funding Capital Expenditure towards installation of additional plant and machinery at new manufacturing facility situated at Bhiwadi, Rajasthan
- Investment in the Subsidiary, Sahasra Semiconductors Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery
- To Meet Working Capital Requirements
- General Corporate Purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 26 Sep - 30 Sep 2024 |
| IPO Price Band | ₹269 - ₹283 per share |
| Fresh Issue | 60,78,000 shares (₹172.01 crore) |
| Offer For Sale | 5,00,000 shares (₹14.15 crore) |
| Total IPO Size | ₹186.16 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 26 Sep 2024 |
| IPO Closing Date | 30 Sep 2024 |
| Basis Of Allotment | 01 Oct 2024 |
| Refunds | 03 Oct 2024 |
| Demat Transfer | 03 Oct 2024 |
| IPO Listing Date | 04 Oct 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|
| Total Income | 22.13 | 70.67 | 102.79 |
| Total Expenses | 19.68 | 50.19 | 68.59 |
| Net Profit/Loss | 2.50 | 20.25 | 32.63 |
| NPM (*) | 11.50 | 29.31 | 32.26 |
| Total Assets | 21.85 | 48.20 | 108.04 |
| Total Liabilities | 6.64 | 27.93 | 47.73 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|
| EPS | 1.41 | 11.41 | 18.05 |
| ROE (%) | 16.44 | 100.12 | 54.09 |
| ROCE (%) | 16.30 | 35.03 | 42.50 |
| D/E Ratio | 0.02 | 0.34 | 0.36 |
| Current Ratio | 1.26 | 1.08 | 1.66 |
| EBITDA MARGIN (%) | 17.35 | 30.73 | 34.86 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Sahasra Electronic Solutions Limited | 101.15 | 15.68 | 18.05 | 54.09 | 33.37 |
| Kaynes Technology India Limited | 1,804.62 | 181.56 | 30.63 | 7.37 | 389.32 |
| Trident Techlabs Limited | 72.62 | 153.99 | 5.52 | 20.12 | 26.95 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 100.8 |
| Non-Institutional Investor (NII/HNI) | 260.46 |
| Retail Individual Investor (RII) | 74.85 |
| Total | 122.06 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- Amrit Lal Manwani
- Arunima Manwani
- Varun Manwani
Lead Managers
- HEM SECURITIES LIMITED
Company Address
Sahasra Electronic Solutions Limited
33, Pocket 1, Jasola Vihar New Friends Colony, South Delhi-110025, New Delhi, India
Phone: +91-120-4202604
Email: cs@sahasraelectronics.com
Website: www.seslimited.in
FAQs
- What is the issue size of the Sahasra Electronics Solutions SME IPO?The Sahasra Electronics Solutions SME IPO has an issue size of ₹186.16 crore. This includes a fresh issue of 60,78,000 shares (₹172.01 crore) and an offer for sale (OFS) of 5,00,000 shares (₹14.15 crore).
- What is the price band of the Sahasra Electronics Solutions IPO?The price band for the Sahasra Electronics Solutions IPO is ₹269 - ₹283 per share.
- What are the bidding dates for the Sahasra Electronics Solutions IPO?The Sahasra Electronics Solutions IPO will open for bidding on 26 Sep 2024 and close on 30 Sep 2024.
- What is the allotment date for the Sahasra Electronics Solutions IPO?The allotment date for the Sahasra Electronics Solutions IPO is 01 Oct 2024.
- What is the listing date for the Sahasra Electronics Solutions IPO?The listing date for the Sahasra Electronics Solutions IPO is 04 Oct 2024.
- What is the Sahasra Electronics Solutions IPO grey market premium?The grey market premium (GMP) for the Sahasra Electronics Solutions IPO is currently at ₹172, with an expected listing gain of approximately 60.78%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.