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.
Sahana System IPO – Details
| IPO Opening Date | 31 May 2023 |
| IPO Closing Date | 02 June 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 24,25,000 Shares Worth ₹32.74 Crore Fresh Issue: 24,25,000 Shares Worth ₹32.74 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹132 – ₹135 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Limited |
| QIB Shares Offered | 10% |
| Retail Shares Offered | 45% |
| NII (HNI) Shares Offered | 45% |
Sahana System IPO – Date Schedule
| IPO Open Date | 31 May 2023 |
| IPO Close Date | 02 June 2023 |
| Basis of Allotment | 07 June 2023 |
| Initiation of Refund | 08 June 2023 |
| Credit of Shares to Demat Account | 09 June 2023 |
| IPO Listing Date | 12 June 2023 |
Sahana System IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1000 | 1,35,000 |
| Retail (Maximum) | 1 | 1000 | 1,35,000 |
| HNI (Minimum) | 2 | 2000 | 2,70,000 |
Competitive Strengths
- End-to-end IT services.
- Quality of services.
- Certifications, Awards and Accreditations.
- Leveraging the experience of the Promoter.
Company Promoters
- Pratik Kakadia
Object Of The Issue
- To meet the working capital requirements.
- Installation of EV charging Station.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2021 | 3.31 | 3.09 | 0.16 |
| 31 March 2022 | 12.17 | 10.21 | 1.41 |
| 31 March 2023 | 24.14 | 15.28 | 6.39 |
Sahana System IPO Promoter Holding
| Pre Issue Share Holding | 90.25% |
| Post Issue Share Holding |
Sahana System IPO Prospectus
Company Contact Information
| 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 Registrar
| Purva Sharegistry India Pvt Ltd Phone: +91-022-23018261/ 23016761 Email: support@purvashare.com Website: http://www.purvashare.com |
Sahana System IPO Lead Manager(s)
| 1. Unistone Capital Pvt Ltd 2. Interactive Financial Services Ltd |
Sahana System IPO FAQs
| What is Sahana System IPO ? Sahana System IPO is a SME IPO. The issue is priced at ₹132 – ₹135 per equity share. The IPO is to be listed on NSE SME. |
| When Sahana System IPO will open? The IPO is to open on 31 May 2023 for QIB, NII and Retail Investors. |
| What is Sahana System IPO Investors Portion? The investors portion for QIB-10%, NII-45%, and Retail-45%. |
| How to Sahana System IPO? 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. |
| How to Apply the Sahana System IPO through 5 Paisa? Log in to 5 Paisa 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 5 Paisa. |
| How to Apply the Sahana System IPO through Edelweiss? Log in to Angle One 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 Edelweiss. |
| What is Sahana System IPO Size? Sahana System IPO size is ₹32.74 crores. |
| What is Sahana System IPO Price Band? Sahana System IPO Price Band is ₹132 – ₹135. |
| What is Sahana System IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,35,000 amount while the maximum bid is 1000 shares with ₹1,35,000. |
| What is the Sahana System IPO Allotment Date? Sahana System IPO allotment date is 07 June 2023. |
| What is the Sahana System IPO Listing Date? Sahana System IPO listing date is 12 June 2023. The IPO is to list on NSE SME. |
