Sahana System
SMEMay 31, 2023 – Jun 2, 2023
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Sahana System Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| NSE | ₹163.00 | +₹28.00 | +20.74% |
Sahana System Subscription
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 2,30,000 | 22,32,000 | 9.7 |
| NIB | 10,35,000 | 74,40,000 | 7.19 |
| RETAIL | 10,35,000 | 1,33,43,000 | 12.89 |
| Total | 23,00,000 | 2,30,15,000 | 10.01 |
| Retail Apps | 13,343 | © IPO Premium | |
Sahana System Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 1000 | 135000 | 0 |
Sahana System Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 230000 | 10% |
| HNI | 1035000 | 45% |
| INDIVIDUAL | 1035000 | 45% |
| Total | 2300000 | 100% |
Sahana System About

Incorporated in 2020, "Sahana System Limited" is engaged in the business of offering IT-related services. These include services like web app development, mobile application development, AI & ML development, ChatBot development, and product prototyping.
Further, the company also offers graphics designing, UI / UX design, SEO & ASO, digital marketing, website & application migration, cyber security, and outsourcing of IT services.
Sahana System has been certified as CMMI Maturity Level - 3 in E-Commerce department by Equalitas Certifications Limited. They also have received ISO 9001:2015 and ISO/IEC 27001:2013 accreditation from Equalitas Certifications Limited.
The Company is recognized as a start-up by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry. The recognition certificate is valid for 10 years from the date of incorporation of the Company.
Sahana System IPO Details
| Total Issue Size | 2,425,000 shares (aggregating up to ₹32.74 Cr) |
| Fresh Issue | 2,425,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 5,571,493 |
| Share holding post issue | 7,996,493 |
| Market Maker portion | 125,000 shares (Rikhav Securities) |
Sahana System IPO Reservation
| QIB Shares Offered | Not more than 10% of the Net offer |
| NII (HNI) Shares Offered | Not less than 45% of the Offer |
| Retail Shares Offered | Not less than 45% of the Offer |
Note:
- Market Maker portion of 125,000 equity shares is added to NII Reservation.
- Total Shares offered: QIB+NII+RII.
Company Financials
| Period Ended | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 |
|---|---|---|---|
| Total Assets | 772.93 | 1,498.91 | 2,417.82 |
| Total Revenue | 331.47 | 1,217.39 | 2,414.23 |
| Profit After Tax | 16.44 | 141.18 | 639.64 |
| Net Worth | 17.44 | 452.06 | 1,079.71 |
| Reserves and Surplus | 16.44 | 142.53 | 522.56 |
| Total Borrowing | 723.25 | 512.59 | 477.04 |
Strength
Risk Factors
Sahana System Latest Announcements
| Date | Subject | Attachment Text |
|---|
Sahana System Financial Results
Sahana System Lead Manager(s)
Sahana System Address
Sahana System Limited
901-A-Block, Mondeal Square,
Nr. Iscon Elegance, S.G. Highway,
Prahladnagar Ahmedabad - 380015
Phone: +91 79 4601 4490
Email: cs@sahanasystem.com
Website: http://www.sahanasystem.com/
Sahana System Registrar
Purva Sharegistry India Pvt Ltd
https://www.purvashare.com/investor-service/ipo-query
Purva Sharegistry India Pvt Ltd 9, Shiv Shakti Industrial Estate, JR Borica Marg, Lower Parel (East), Mumbai - 400 011