Saharsa Electronic Solutions Limited IPO GMP

At Sahasra, they are committed to promoting Environmental, Social, and Governance (ESG) principles in everything they do. ESG represents a fundamental shift in how businesses operate, prioritizing sustainability, social responsibility, and ethical governance practices. As a responsible corporate citizen, they recognize the importance of integrating ESG factors into their decision-making processes, not only to mitigate risks but also to create long-term value for their stakeholders and society as a whole.

Saharsa, an Book Built Issue amounting to ₹₹186.15 Crores, consisting an Fresh Issue of 60.78 Lakh Shares worth ₹172.00 Crores and an Offer for Sale of 5.00 Lakh Shares totalling to ₹14.15 Crores. The subscription period for the Saharsa IPO opens on September 26, 2024, and closes on September 30, 2024. The allotment is expected to be finalized on or about Tuesday, October 01, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, October 04, 2024.

The Share price band of Saharsa IPO is set at ₹269 to ₹283 equity per share, with a minimum lot size of 400 shares. Retail investors are required to invest a minimum of ₹1,13,200, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (800 shares), amounting to ₹2,26,400.

HEM SECURITIES LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. Hem Finlease Private Limited is the Market Maker for the Saharsa.

Saharsa Electronic Solutions Limited IPO GMP Today
The Grey Market Premium of Saharsa Electronic Solutions Limited IPO is expected in the range of ₹110 to ₹117 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Saharsa Electronic Solutions Limited IPO Live Subscription Status Today: Real-Time Updates
As of 05:50 PM on 30 September 2024, the Saharsa Electronic Solutions Limited IPO live subscription status shows that the IPO subscribed 113.60 times on its Third day of subscription period. Check the Saharsa Electronic Solutions Limited IPO Live Subscription Status Today at NSE.

Saharsa Electronics Solutions Limited IPO Anchor Investors Report
Saharsa Electronics Solutions has raised ₹53.03 Crore from Anchor Investors at a price of ₹283 per shares in consultation of the Book Running Lead Managers. The company allocated 18,74,000 equity shares to the Anchor Investors. Check Full list of Saharsa Electronic Solutions Anchor Investors List

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion. 

Saharsa Electronic Solutions Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Saharsa IPO allotment date is 01 October, 2024, Tuesday. Saharsa IPO Allotment will be out on 1st October 2024 and will be live on Registrar Website from the allotment date. Check Saharsa Electronic Solutions Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Saharsa Electronic Solutions Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Saharsa Electronic Solutions Limited IPO
Saharsa Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹6,596.63 Lakhs will be used Funding Capital Expenditure towards installation of additional plant and machinery at new manufacturing facility situated at Bhiwadi, Rajasthan; 
2. ₹2,292.58 Lakhs will be used for Investment in our Subsidiary, Sahasra Semiconductors Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery; 
3. ₹4,000.00 Lakhs will be used to Meet Working Capital Requirements; 
4. General Corporate Purposes.

Refer to Saharsa Electronic Solutions Limited RHP for more details about the Company.