What is the issue size of Sahana System IPO?

The issue size of the Sahana System Tools IPO is Rs 33 cr.

What is 'pre-apply' for Sahana System IPO?

Pre-apply will alow you to apply for the Sahana System IPO 2 days before the subscription period starts.

If I pre-apply for Sahana System IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Sahana System IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Sahana System IPO order is placed?

We will notify you when your Sahana System IPO order is placed with the exchange.

What are the open and close dates of the for Sahana System IPO?

Sahana System IPO will be open between May 31 - June 2, 2023.

What is the lot size and minimum order quantity of the Sahana System IPO?

The Sahana System Limited IPO lot size is 1000 shares.

What are the allotment dates for the Sahana System IPO?

Sahana System IPO allotment date is 7 June, 2023. For Sahana System IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Sahana System IPO?

Sahana System IPO registrar is Purva Sharegistry India Pvt Ltd. You can check Sahana System IPO allotment status on the website of the registrar.

Where is the Sahana System IPO getting listed?

The shares are proposed to be listed on NSE SME.

Sahana System SME IPO

Sahana System Limited

₹1,32,000 /1000 sharesMinimum Investment

Sahana System SME IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹135.00₹171.00₹36.00 (26.67%)
Sahana System SME IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
31 May ‘23 - 2 Jun ‘23₹1,32,0001,000₹132 - ₹135
Issue SizeIPO Doc
33.00CrRHP PDF
About Sahana System SMESahana System Limited, established in 2020, specialises in providing a range of IT-related services, including web app development, mobile application development, AI and ML development, ‘chatbot’ development, product prototyping, graphics designing, UI/UX design, SEO and ASO, digital marketing, website and application migration, cyber security, and more.
The company is also involved in trading hardware instruments like franking machines, computers, LED devices and more. Sahana System has a presence across countries and serves various industries such as healthcare, surveillance, retail, education/e-learning, restaurants, banking, media and entertainment, fintech and more.
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Parent Organisation
Sahana System Limited
Founded
2020
Managing Director
Mr. Hetang Shah
Strengths & Risks
The company has achieved numerous certifications, awards, and accreditations, including the CMMI Maturity Level 3 and ISO certifications that have played a significant role in attracting clients and securing business opportunities.
The company has successfully established its presence in multiple countries, including Argentina, Saudi Arabia, Canada, and America. 
The company has reported substantial growth in profits over the past 3 years.
The company stands to benefit from the rise of artificial intelligence (AI), augmented reality (AR), and automation.
The Indian IT sector is estimated to witness substantial revenue growth, fueled by strong demand for digital technologies. This industry-wide growth trend presents significant opportunities for Sahana System.
The company is currently involved in various legal proceedings, and an unfavorable outcome in these legal matters could harm the company's business, reputation, and financial performance.
Obtaining and renewing necessary registrations, licenses, approvals, NOCs (No Objection Certificates), and permits are crucial for the company's operations. However, the company faces the risk of being unable to acquire, renew, or maintain these statutory and regulatory authorisations. 
The company's products and services are subject to various legal and regulatory requirements, which sometimes may conflict. Non-compliance with these regulations can adversely affect the company's business operations and financial performance.
The company heavily relies on a limited number of clients for its sales. The potential loss of any of these major customers could have a substantial negative impact on the company's revenues and profitability.
The company's insurance coverage might not sufficiently protect it against potential risks. Inadequate insurance coverage could have a material effect on the company's business operations.
Historical negative cash flows from operating activities and the possibility of experiencing similar negative cash flows in the future are concerns for the company.
The company requires substantial working capital to ensure smooth day-to-day operations. Any discontinuation or inability to acquire sufficient working capital in a timely manner may adversely affect the company's operations, profitability, and growth prospects.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹132 - 135₹2 Lakh
High Networth Individual₹132 - 135₹2 - 5 Lakh
For Sahana System SME IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹135.00	₹171.00	₹36.00 (26.67%)

Bidding Dates	Min. Investment	Lot Size	Price Range
31 May ‘23 - 2 Jun ‘23	₹1,32,000	1,000	₹132 - ₹135

Issue Size	IPO Doc
33.00Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹132 - 135	₹2 Lakh
High Networth Individual	₹132 - 135	₹2 - 5 Lakh

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