Issue Price
₹135
Per Share
GMP
NIL
Grey Market
Est. Listing
₹135
Expected Price
Min. Application
₹270,000
2 lots × 1000 shares
Incorporated in 2020, "Sahana System Limited" is engaged in the business of offering IT-related services. These include services like web app development, mobile application development, AI & ML development, ChatBot development, and product prototyping.Further, the company also offers graphics designing, UI / UX design, SEO & ASO, digital marketing, website & application migration, cyber security, and outsourcing of IT services.Sahana System has been certified as CMMI Maturity Level - 3 in E-Commerce department by Equalitas Certifications Limited. They also have received ISO 9001:2015 and ISO/IEC 27001:2013 accreditation from Equalitas Certifications Limited.The Company is recognized as a start-up by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry. The recognition certificate is valid for 10 years from the date of incorporation of the Company.
Sahana System Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 125,000 | — | ₹1.69 Cr | — |
| TOTAL | 2,425,000 | 100.00% | ₹32.74 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹135,000 |
| Retail (Max) | 13 | 13,000 | ₹1,755,000 |
| sNII (Min) | 14 | 14,000 | ₹1,890,000 |
| bNII (Min) | 68 | 68,000 | ₹9,180,000 |
| Particulars | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 2414.23 | 1217.39 | 331.47 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 16.44 | 141.18 | 639.64 |
| Net Worth | 17.44 | 452.06 | 1079.71 |
| Total Assets | 2417.82 | 1498.91 | 772.93 |
| Reserves & Surplus | 522.56 | 142.53 | 16.44 |
| Total Borrowings | 477.04 | 512.59 | 723.25 |