33, Pocket 1,
Jasola Vihar New Friends Colony
South Delhi-110025,
Phone: +91-120-4202604
Email: cs@sahasraelectronics.com
Website: https://www.seslimited.in/
Last updated on 30-Sep-2024 19:12:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1249600 | 125965600 | 100.8 |
| NIB | 937600 | 244712400 | 261 |
| RETAIL | 2187200 | 163805200 | 74.89 |
| Total | 4374400 | 534483200 | 122.18 |
| Retail Apps | 409513 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹99.16 | @8% ₹113.32 | @9% ₹127.49 | @10% ₹141.66 | @11% ₹155.82 | @12% ₹169.99 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 400 | 113200 | 5468 |
| HNI | 2 | 800 | 226400 | 2344 |
Sahasra Electronics Solutions IPO Details
| Issue Size | 6,578,000 shares (aggregating up to ₹186.16 Cr) |
| Fresh Issue | 6,078,000 shares (aggregating up to ₹172.01 Cr) |
| Offer For Sale | 500,000 shares (aggregating up to ₹14.15 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 18,914,763 |
| Share holding post issue | 24,992,763 |
| Market Maker portion | 329,000 shares Hem Finlease |
Sahasra Electronics Solutions IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Key Performance Indicator
| KPI | Mar-24 |
|---|---|
| ROE | 54.09% |
| ROCE | 42.50% |
| RONW | 54.09% |
| D/E | 0.36 |
| EPS (basic) | 18.05 |
| P/E Pre IPO | 16.41 |
| P/E Post IPO | 21.68 |
Company Financials
Sahasra Electronics Solutions Limited Financial Information (Restated)
Sahasra Electronics Solutions Limited's revenue increased by 866% and profit after tax (PAT) rose by 1315% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Mar 2024 | Mar 2023 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 10,804.36 | 4,820.23 | ||||||||||||||||||
| Revenue | 10,278.79 | 1,063.91 | ||||||||||||||||||
| Profit | 3,262.77 | 230.55 | ||||||||||||||||||
| Net Worth | 6,031.69 | 2,027.5 | ||||||||||||||||||
| Reserves | 4,140.21 | 230.55 | ||||||||||||||||||
| Borrowing | 2,171.89 | 689.84 | ||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||
About Company
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.
Strength
Diverse Service Offering: Sahasra Electronic Solutions provides a broad range of services, including PCB assembly, box build assemblies, and design solutions, catering to multiple industries like automotive, medical, and IT.
Global Customer Base: The Company has established strong relationships with international customers, exporting over 80% of its products to countries like the USA, UK, and Germany.
Strategic Location: Operating in a special economic zone (SEZ), the company benefits from tax advantages on its manufactured and exported products, enhancing its cost competitiveness.
Weakness
Customer Concentration Risk: The Company heavily relies on key customers, including group companies, and losing any of them could significantly impact its revenue, financial condition, and cash flows.
Dependency on PCBA Sales: A major portion of revenue comes from Printed Circuit Board Assemblies (PCBAs), making the company vulnerable to changes in product demand, quality issues, or technological advancements that it may struggle to keep up with.
Limited Operating History: Since the company was recently incorporated and took over the business of M/s Sahasra Electronic Solutions, its limited track record makes it challenging for investors to assess its historical performance or predict future prospects.