Sahasra Electronic Solutions Ltd.
Industry:
Electronics - Components
Issue Details
Open Date
26 Sep 2024Close Date
30 Sep 2024Size (in Crs.)
133.123
Size (Shares)
-Listing On
NSE
Issue Terms
Price Range
-14Lot Size
400
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Funding Capital Expenditure towards installation of additional plant and machinery at new manufacturing facility situated at Bhiwadi, Rajasthan.2. Investment in our Subsidiary, Sahasra Semiconductors Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery.3. To Meet Working Capital Requirements.4. General Corporate Purposes.
Description
Our Company is an EN 9100:2018 (equivalent to AS 9100D and JISQ 9100:2016, including ISO 9001:2015) certified company,which is engaged in the business of providing solutions towards electronics system design and manufacturing (“ESDM”) servicesat its manufacturing plant located at 68AA, NSEZ, Nepz Post Office, Gautam Buddha Nagar, Noida, Uttar Pradesh - 201305,which is equipped with four high speed SMT lines having a total capacity of around 1800000 units. We provide product andsolutions right from printed circ... Show More
Address
33, Pocket 1, Jasola Vihar , New Friends Colony , South Delhi
New Delhi
110025
Promoter Holding
Promoters:
Amrit Lal Manwani, Arunima Manwani, Varun Manwani
Total Share Capital
17969500
Offered to Public
6578000
% Promoter's Holding (Pre-Issue)
95
% Promoter's Holding (Post-Issue)
69.9
Shares on offer
Total Share Offer
17969500
Of above offred to public
6578000
Post Issue shares
NA
Post Issue Promoters
69.9
Lead Managers to the Issue:
Hem Securities Ltd.
Registrar Details
Registrar Name:
Bigshare Services Pvt Ltd
Address
Office No S6-2, 6th Floor, Pinnacle Business Park , Next to Ahura Centre, Mahakali Caves Road , Andheri (E) , Mumbai
400093