Sahana System Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 230,000 (9%) | — | ₹31 Cr |
| NII (HNI) | — | 1,035,000 (43%) | — | ₹1,397 Cr |
| Retail | — | 1,035,000 (43%) | — | ₹1,397 Cr |
| Market Maker | — | 125,000 (5%) | — | ₹17 Cr |
| Σ Total | — | 2,425,000 (100%) | — | ₹32,738 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹135,000 |
| Retail (Max) | 13 | 13,000 | ₹1,755,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,890,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,045,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 2,414 | 1,217 | 331 |
| Profit After Tax | 16 | 141 | 640 |
| Net Worth | 17 | 452 | 1,080 |
| Total Assets | 2,418 | 1,499 | 773 |
| Reserves & Surplus | 523 | 143 | 16 |
| Total Borrowing | 477 | 513 | 723 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet the working capital requirements – 6.50
- Installation of EV charging Station – 14.45
- General Corporate Purposes – 6.55
Company Overview
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.