The Sahana System IPO date has been set. The IPO will begin on May 31 and end on June 2, 2023. Sahana System is an NSE SME IPO that will raise 32.74 crores through the IPO. The price band associated with the Sahana System IPO is set at ₹132 – ₹135 with a market lot of 1000 shares.
Sahana System Limited is an information technology company situated in Ahmedabad, Gujarat. Web design, app development, mobile application development, AI & ML development, Chatbot development, graphic design, SEO, digital marketing, cyber security, and IT outsourcing are all services provided by the company. They have clients that range from domestic auction houses to international organizations. Equalitas Certifications Limited has certified the organization as CMMI Maturity Level 3 in the e-commerce area. Equalitas Certifications Limited has also accredited them with ISO 9001:2015 and ISO/IEC 27001:2013.
Issue’s Criteria :
- To meet the working capital requirements
- Installation of EV charging Station
- General Corporate Purposes
- To meet the issue expenses
Sahana System IPO Review
- To be updated soon
Sahana System IPO GMP, Date and Price Band Details
| IPO Open: | May 31, 2023 |
| IPO Close: | June 2, 2023 |
| IPO Size: | Approx ₹32.74 Crores, 2,425,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹132 to ₹135 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 45% of the net offer |
| QIB Quota: | 10% of the net offer |
| NII Quota: | 45% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Sahana System IPO Market Lot
The Sahana System IPO minimum market lot is 1000 shares with a ₹135,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹135,000 |
| Retail Maximum | 1 | 1000 | ₹135,000 |
| S-HNI Minimum | 2 | 2000 | ₹270,000 |
Sahana System IPO Dates
The Sahana System IPO date is May 31 and the IPO close date is June 2. The IPO allotment date is June 7 and the IPO might list on June 12.
| IPO Open Date: | May 31, 2023 |
| IPO Close Date: | June 2, 2023 |
| Basis of Allotment: | June 7, 2023 |
| Refunds: | June 8, 2023 |
| Credit to Demat Account: | June 9, 2023 |
| IPO Listing Date: | June 12, 2023 |
Sahana System IPO Form
How to apply Sahana System IPO? You can apply Sahana System IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sahana System IPO in the Invest section. The other option you can apply Sahana System IPO via IPO forms download via the NSE website. Check out the Sahana System forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Sahana System Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 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 – FY2023
Check Sahana System IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹11.48 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 59.24% |
| Net Asset Value (NAV): | ₹19.38 per Equity Share |
Company Promoters
- Pratik Kakadia
Sahana System IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com
Company 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 IPO Lead Managers aka Merchant Bankers
- Unistone Capital Pvt Ltd
- Interactive Financial Services Ltd
Sahana System IPO FAQs
Q1. What is Sahana System IPO?
Ans. Sahana System IPO is an NSE SME IPO. They are going to raise ₹32.74 Crores via IPO. The issue is priced at ₹132 to ₹135 per equity share. The IPO is to be listed on NSE.
Q2. When Sahana System IPO will open?
Ans. The IPO is to open on May 31, 2023 for QIB, NII, and Retail Investors.
Q3. What is Sahana System IPO Investors Portion?
Ans. The investors’ portion for QIB is 10%, NII is 45%, and Retail is 45%.
Q4. How to Apply the Sahana System IPO?
Ans. You can apply Sahana System IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Sahana System IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sahana System”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Sahana System IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sahana System”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Sahana System IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Sahana System”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Sahana System IPO Size?
Ans. Sahana System IPO size is ₹32.74 crores.
Q9. What is Sahana System IPO Price Band?
Ans. Sahana System IPO Price Band is ₹132 to ₹135 per equity share.
Q10. What is Sahana System IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1000 shares with ₹135,000.
Q11. What is Sahana System IPO Allotment Date?
Ans. Sahana System IPO allotment date is June 7, 2023.
Q12. What is Sahana System IPO Listing Date?
Ans. Sahana System IPO listing date is June 12, 2023. The IPO to list on NSE SME.
