IPO Details

Sahasra Electronic Solutions Ltd
Registered Office: #.33 Pocket 1 Jasola Vihar New,-Friends Colony South Delhi,New Delhi-110025, New Delhi
Tel. No: +91-120-4202 604
Fax No:
Email: cs@sahasraelectronics.com
Website: www.seslimited.in
Initial public offer of upto 65,78,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Sahasra Electronic Solutions Limited ("The Company" or "SESL" or "The Offer") at an offer price of Rs. 283 per equity share for cash, aggregating up to Rs. 186.16 crores ("Public Offer") comprising of a fresh issue of upto 60,78,000 equity shares aggregating to Rs. 172.01 crores (the "Fresh Issue") and an offer for sale of upto 5,00,000 equity shares by the selling shareholder ("Offer for Sale") aggregating to Rs. 14.15 crores comprising by Amrit Lal Manwani; out of which 3,29,600 equity shares of face value of Rs. 10 each, at an offer price of Rs. 283 per equity share for cash, aggregating Rs. 9.33 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 62,48,400 equity shares of face value of Rs. 10 each, at an offer price of Rs. 283 per equity share for cash, aggregating upto Rs. 176.83 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.32% and 25.00% respectively of the post-offer paid-up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
26-Sep-2024 30-Sep-2024 ₹283.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 400 Further Multiples of : 400
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Hem Securities Ltd
Project Financed through Current Offer 186.16
Post Issue Equity Share Capital 24.99
Issue Price 283.00
Projects
Funding capital exp towards installation of additional plant and machinery at new mfg facility situated at
Investment in its subsidiary sahasra semiconductors pvt ltd for financing its capital exp requirements in relation towards installation of additional plant and machinery
To meet working capital requirements
General corporate purposes
Promoted By
Amrit Lal Manwani
Arunima Manwani
Varun Manwani
Listing At
NSE - SME
Registrar To The Issue
Bigshare Services Pvt Ltd