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SME IPO Status: Listed [31st May 2023 to 2nd Jun 2023]
Sahana System Limited offers a SME IPO issue size of 2,425,000 equity shares worth up to Rs 32.74 Cr. The subscription for this SME IPO is opening from31 May 2023 to 02 Jun 2023. The face value of the equity share is Rs 10 per share. And the issue price band is ranging from Rs 132 to Rs 135 per share along with the lot size of 1000 shares and its multiple.
Stay updated with us to know more about the Sahana System Limited IPO Review including company overview, financial, live subscription, allotment, GMP, and more.
| SME IPO Issue Opening Date: | 31st May 2023 |
| SME IPO Issue Closing Date: | 2nd Jun 2023 |
| SME IPO Issue Price: | ₹132-135 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| IPO Listing At: | NSE SME |
| Retail Quota: | Not less than 45% of the Offer |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹32.74 Cr |
| Fresh Issue: | ₹32.74 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 90.25% |
| Promoter Holding Post IPO: | |
| Allotment Status: | Allotment Status |
| NSE Code: | SAHANA |
Get important updates regarding Sahana System SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 7th Jun 2023 |
| Refunds Initiation* | 8th Jun 2023 |
| Credit of Shares to Demat* | 9th Jun 2023 |
| SME IPO Listing Date* | 12th Jun 2023 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹132-135 |
| Market Lot: | 1000 Shares |
| 1 Lot Amount: | ₹135000 |
| Min HNI Lots: | 2000 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 12-06-2023 | 135 | 21 | 33000 | ₹156 (15.56%) | 12-Jun-2023 9:44 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Sahana System Limited was established in 2013. The company provides IT related services including web app development, mobile app development, AI & ML development, ChatBot development, product prototyping, graphic design, UI / UX design, SEO & ASO, digital marketing, website & application migration, cybersecurity and outsourcing of IT services. Some of the industries they serve are healthcare, surveillance, retail, education / e-learning, hospitality, banking, media and entertainment, and fintech.
Sahana Systme is also engaged in trading of hardware instruments related to franking machines / computers / LED / laptops. So far they have successfully received repeated orders from their customers.
| Incorporation | Sector | IPO Issue Size | Website |
| 2013 | IT Industry | ₹32.74 Cr | http://www.sahanasystem.com/ |
The company intends to utilize the proceeds of the issue to meet the following objects:
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 230,000 (9.48%) | 1,160,000 (47.84%) | 1,035,000 (42.68%) | 2,425,000 | |
| 1 | 31st May 2023 19:31 | 0.16x | 1.48x | 0.89x | 1.10x |
| 2 | 1st Jun 2023 19:31 | 1.16x | 2.60x | 3.14x | 2.69x |
| 3 | 2nd Jun 2023 19:31 | 9.70x | 6.41x | 12.97x | 9.53x |
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-21 | 772.93 | 331.47 | 16.44 | 17.44 | 16.44 | 723.25 |
| 31-Mar-22 | 1,498.91 | 1,217.39 | 141.18 | 452.06 | 142.53 | 512.59 |
| 31-Mar-23 | 2,417.82 | 2,414.23 | 639.64 | 1,079.71 | 522.56 | 477.04 |
| Amount in ? Lakhs | ||||||
Last Updated on 15-Jun-2023 09:00:12
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Sahana System SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Sahana System SME IPO with Zerodha.
Alternate approch to apply in Sahana System SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Sahana System SME IPO Review and Important Updates
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To subscribe or apply in Sahana System SME IPO, you can use the following methods:
| Sahana System SME IPO Applying Mode | Method | Details |
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Sahana System SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Sahana System SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Sahana System SME IPO. Most of the Syndicate Banks provide access to apply in Sahana System IPO via ASBA process. You must have your net banking access, DP ID information to apply in Sahana System SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Sahana System SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Sahana System SME IPO Review and Important Updates
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Sahana System SME IPO is going to be list on 12-06-2023. NSE Code for Sahana System is SAHANA. BSE Code for Sahana System is .
Other relevant questions:
When Sahana System SME IPO will be listing? Sahana System SME IPO NSE listing date?Sahana System SME IPO date of listing.Sahana System SME IPO BSE listing date?
Sahana System SME IPO Allotment Date is 07-06-2023.
Other relevant questions:
Sahana System SME IPO share allotment date?Sahana System SME IPO allotment date?
