Sahana System Limited IPO (Sahana System IPO)

Sahana System Limited IPO
Upcoming Sahana System IPO | New Sahana System IPO

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

Sahana System IPO – Details

IPO Opening Date31 May 2023
IPO Closing Date02 June 2023
Issue TypeBook Built Issue IPO
Issue Size24,25,000 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 Lot1000 Shares
Min Order1000 Shares (1 Lot)
Listing AtNSE SME
RegisterLink Intime India Private Limited
QIB Shares Offered10%
Retail Shares Offered45%
NII (HNI) Shares Offered45%

Sahana System IPO – Date Schedule

IPO Open Date31 May 2023
IPO Close Date02 June 2023
Basis of Allotment07 June 2023
Initiation of Refund08 June 2023
Credit of Shares to Demat Account09 June 2023
IPO Listing Date12 June 2023

Sahana System IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)110001,35,000
Retail (Maximum)110001,35,000
HNI (Minimum)220002,70,000

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.
Sahana System IPO
Object Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 20213.313.090.16
31 March 202212.1710.211.41
31 March 202324.1415.286.39
Amount in ₹ Crore

Sahana System IPO Promoter Holding

Pre Issue Share Holding90.25%
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

Sahana System IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761

Sahana System IPO Lead Manager(s)

1. Unistone Capital Pvt Ltd
2. Interactive Financial Services Ltd

Sahana System IPO FAQs

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.
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