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Sahasra Electronic Solutions Ltd

Registered Office : #.33 Pocket 1 Jasola Vihar New,-Friends Colony South Delhi,New Delhi New Delhi 110025 Phone : +91-120-4202 604
Fax :

Email : cs@sahasraelectronics.com

Website : www.seslimited.in

Initial public offer of upto 65,78,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Sahasra Electronic Solutions Limited ("The Company" or "SESL" or "The Offer") at an offer price of Rs. 283 per equity share for cash, aggregating up to Rs. 186.16 crores ("Public Offer") comprising of a fresh issue of upto 60,78,000 equity shares aggregating to Rs. 172.01 crores (the "Fresh Issue") and an offer for sale of upto 5,00,000 equity shares by the selling shareholder ("Offer for Sale") aggregating to Rs. 14.15 crores comprising by Amrit Lal Manwani; out of which 3,29,600 equity shares of face value of Rs. 10 each, at an offer price of Rs. 283 per equity share for cash, aggregating Rs. 9.33 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 62,48,400 equity shares of face value of Rs. 10 each, at an offer price of Rs. 283 per equity share for cash, aggregating upto Rs. 176.83 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.32% and 25.00% respectively of the post-offer paid-up equity share capital of the company.

Issue

Opens On

Closes On

26-Sep-2024

30-Sep-2024

Money Payable On

Application

Allotment

283.00

0.00

Minimum Application for shares in Nos : 400.0 Further Multiples of : 400.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

186.16

24.99

283.00

Hem Securities Ltd

Projects

Funding capital exp towards installation of additional plant and machinery at new mfg facility situated at

Investment in its subsidiary sahasra semiconductors pvt ltd for financing its capital exp requirements in relation towards installation of additional plant and machinery

To meet working capital requirements

General corporate purposes

Promoted By

Amrit Lal Manwani

Arunima Manwani

Varun Manwani

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd