Sahana System Limited is an IT company based in Ahmedabad, Gujarat. The company provides web design, app development, mobile application development, AI & ML development, chatbot development, graphic design, SEO, digital marketing, cybersecurity and IT outsourcing services.
Their customer base ranges from domestic markets to overseas organizations. The company is certified by Equalitas Certifications Limited as CMMI Maturity Level 3 in the E-Commerce Department. They have also received ISO 9001:2015 and ISO/IEC 27001:2013 accreditation from Equalitas Certifications Limited.
Subject of issue:
- To meet working capital needs
- Installation of a charging station for electric vehicles
- General Business Purposes
- To cover issuance costs
Review of Sahana System IPO
Details on Sahana System’s IPO date and price band
| IPO opened: | May 31, 2023 |
| IPO completed: | June 2, 2023 |
| IPO size: | Approx ₹32.74 crores, 2,425,000 shares |
| face value: | ₹10 Per equity share |
| IPO price range: | ₹132 to ₹135 Per equity share |
| Stock exchange listing on: | NSE SMEs |
| Retail Quota: | 45% of net supply |
| QIB rate: | 10% of net supply |
| NII rate: | 45% of net supply |
| DRHP prospectus draft: | Click here |
| RHP prospectus draft: | Click here |
| Anchor investors in the IPO: | Click here |
Sahana System IPO market plot
The minimum market size for Sahana System’s IPO is 1,000 shares with an application amount of ₹135,000.
| Application | batch size | shares | Crowd |
| retail minimum | 1 | 1000 | ₹135,000 |
| retail maximum | 1 | 1000 | ₹135,000 |
| S-HNI minimum | 2 | 2000 | ₹270,000 |
Sahana System IPO Dates
The IPO date of Sahana System is May 31st and the IPO close date is June 2nd. The grant date for the IPO is June 7 and the IPO could occur on June 12.
| IPO opening date: | May 31, 2023 |
| Stock market closing date: | June 2, 2023 |
| Allocation basis: | June 7, 2023 |
| Refunds: | June 8, 2023 |
| Credit to Demat account: | June 9, 2023 |
| Date of listing: | June 12, 2023 |
You can check the IPO subscription status and IPO allotment status on the respective pages.
Sahana Systems IPO form
How to Apply Sahana System IPO? You can apply for Sahana system IPO through ASBA which is available in your bank account. Simply go to the online banking login and apply through your bank account by selecting Sahana System IPO in the Invest section. The other option is to apply for the Sahana system to go public through IPO forms that can be downloaded from the NSE website. Check out the Sahana System forms – click NSE IPO Forms (download NSE IPO Forms), complete and submit to your bank or broker.
Financial Report of Sahana System Company
| ₹ in crores | |||
| Year | revenue | Costs | BEAT |
| 2021 | ₹3.31 | ₹3.09 | ₹0.16 |
| 2022 | ₹12.17 | ₹10.22 | ₹1.41 |
| 2023 | ₹24.14 | ₹15.28 | ₹6.40 |
Sahana System IPO Valuation – Fiscal Year 2023
Check Sahana System’s IPO valuation details such as: B. Earnings per share (EPS), price-to-earnings P/E, net yield (RoNW) and net asset value (NAV) details.
| Earnings per share (EPS): | ₹11.48 per equity share |
| Price-Earnings-P/E Ratio: | THE |
| Return on Net Assets (RoNW): | 59.24% |
| Net Asset Value (NAV): | ₹19.38 per equity share |
peer group
Sahana System IPO Registrar
Purva Sharegistry India Pvt Ltd
Telephone: +91-022-23018261/ 23016761
E-mail: [email protected]
Website: http://www.purvashare.com
Sahana System IPO Allotment Status
Check Sahana System IPO allotment status on Purvashare website URL. Click here
Sahana System IPO Lead Managers, also known as Merchant Bankers
- Unistone Capital Pvt Ltd
- Interactive Financial Services Ltd
company address
Sahana Systems Limited
901-A Block, Mondeal Square,
No. Iscon Elegance, SG Highway,
Prahladnagar Ahmedabad – 380015
Telephone: +91 79 4601 4490
E-mail: [email protected]
Website: http://www.sahanasystem.com/
Frequently asked questions about the Sahana System IPO
What is the Sahana System IPO?
Sahana System’s IPO is an NSE SME IPO. They will raise ₹32.74 crores through an IPO. The issue price is ₹132 to ₹135 per share. The IPO is to be listed on the NSE.
When will Sahana System’s IPO open?
The IPO is scheduled to open on May 31, 2023 for QIB, NII and retail investors.
What is the IPO investor share of the Sahana system?
The investor share is 10% for QIB, 45% for NII and 45% for Retail.
How to Apply Sahana System IPO?
You can apply for Sahana System IPO through ASBA online through your bank account. You can also apply for ASBA online through UPI through your stockbroker. You can also apply through your stockbroker by filling out the offline form.
How to Apply Sahana System IPO via Zerodha?
Log in to the console on the Zerodha website or application. Go to Portfolio and click IPO. You will see the IPO name “Sahana System”. Click the Bid button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.
How to Apply Sahana System IPO via Upstox?
Log in to the Upstox application with your credentials. Select the IPO. You will see the IPO name “Sahana System”. Click the Bid button. Confirm your application. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a demat account with Upstox.
How to Apply Sahana System IPO via Paytm Money?
Login to Paytm Money Application with your credentials. Select the IPO. You will see the IPO name “Sahana System”. Click the Bid button. Confirm your application. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.
What is the Sahana System IPO size?
The size of Sahana System’s IPO is ₹32.74 crores.
What is Sahana System’s IPO price band?
The price range for Sahana System’s IPO is ₹132 to ₹135 per share.
What is the minimum and maximum lot size of the Sahana System IPO?
The IPO bid is 1000 shares at ₹135,000.
What is the Sahana System IPO grant date?
The grant date for Sahana System’s IPO is June 7th.
What is the Sahana System listing date?
The listing date of Sahana System’s IPO is June 12, 2023. The IPO is scheduled to be listed on the NSE SME. Note: Sahana System IPO details will be officially announced. The IPO gray market premium (Sahana System IPO Premium) will be updated on the respective page. Visit our IPO gray market page for daily updates.)
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