Sahana System Limited

Company Profile
Company Name Sahana System Limited
Open Date 31-05-2023
Close Date 02-06-2023
Exchange NSE SME
Lot Size 1000 shares
Issue Price ₹132 to ₹135 per share
Issue Size 24,25,000 Equity Shares
Application Amount ₹135,000
Recommendation Avoid
Company is engaged in the business of offering IT related services including web app development, mobile application development, AI & ML development, ChatBot development, product prototyping, graphics designing, UI / UX design, SEO & ASO, digital marketing, website & application migration, cyber security and outsourcing of IT service. Industries company cater to includes healthcare, surveillance, retail, education/e learning, restaurants, banking, media & entertainment and fintech and also trading of hardware instruments and now the Company is trying to diversify its business in to EV charging stations.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 772.93 1,498.91 2,417.82
Net Assets 17.44 452.06 1,079.71
Total Borrowings 723.25 512.59 477.04
Total Revenue 331.47 1,217.39 2,414.23
Profit After Tax 16.44 141.18 639.64

Tentative Timeline

Opening Date 31-05-2023
Closing Date 02-06-2023
Basis of Allotment 07-06-2023
Initiation of Refunds 08-06-2023
Credit of Shares to Demat 09-06-2023
Listing Date 12-06-2023

Objects of the Issue

To meet the working capital requirements
Installation of EV charging Station
General Corporate Purposes
To meet the issue expenses

Contact Information

Registered Office Sahana System Limited 901-A-Block, Mondeal Square, Nr. Iscon Elegance, S.G. Highway, Prahladnagar Ahmedabad - 380015
Phone +91 79 4601 4490

Registrar Details

Name Purva Sharegistry India Pvt Ltd.
Phone +91-022-23018261/ 23016761

IPO Reservation

Shareholding Pattern

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