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Sahana Systems Ltd

Sahana Systems Ltd

    Registered Office : 901-A-Block Mondeal Square,Nr Iscon Elegance SG Highway,Ahmedabad Gujarat 380015 Phone : 91-79-46014490
    Fax :

    Email : cs@sahanasystem.com

    Website : www.sahanasystem.com

Initial public issue of 24,25,000* equity shares of face value of Rs. 10 each ("Equity Shares") of Sahana System Limited ("Company") for cash at a price of Rs. 135 per equity share (including a share premium of Rs. 125 per equity share) ("Issue Price") aggregating to Rs. 32.74 crores of which up to 1,25,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 135 per equity share including a share premium of Rs. 125 per equity share aggregating to Rs. 1.69 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 23,00,000 equity shares of face value of Rs. 10 each at a price of Rs. 135 per equity share aggregating to Rs. 31.05 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 30.33 % and 28.76% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10 each. The issue price is 13.5 times the face value of the equity shares.

Issue

Opens On

Closes On

31-May-2023

02-Jun-2023

Money Payable On

Application

Allotment

135.00

0.00

Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

27.51

32.74

8.00

135.00

Interactive Financial Services Ltd

Unistone Capital Pvt Ltd

Projects
  • To Meet the working capital requirements
  • Installation of EV Charging Station
  • General Corporate Purposes
Promoted By
  • Pratik Ramjibhai Kakadia
Listing At
  • NSE - SME
Registrar to the Issue
  • Purva Sharegistry (I) Pvt Ltd