Saharsa Electronic Solutions IPO Review

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.

The Compnay is led by the Promoters who have significant experience in the ESDM industry. The promoter & Managing Director, Amrit Lal Manwani has worked with many companies engaged in the electronic manufacturing services industry for about 20 years. Varun Manwani, the Promoter and Non-executive Director is an economics graduate and is responsible for the growth and expansion plans of the company, Arunima Manwani, the Promoter and Whole-time Director is a commerce graduate and looks after the creating and formulation of strategic business plans, research & development and track technology advancements.

Financially, Revenue in Fiscal 2024 and Fiscal 2023 was ₹10,278.79 Lakhs and ₹1,063.91 Lakhs, respectively. The EBITDA for the Fiscals 2024 and 2023 were ₹3526.58 Lakhs and ₹1,876.88 Lakhs respectively. The Profit after Tax for the Fiscals 2024 and 2023 were ₹3,262.77 Lakhs and ₹230.55 Lakhs respectively. This indicates steady growth in financial performance.

For the Saharsa Electronic Solutions IPO, the company is issuing shares at a pre-issue EPS of ₹18.05 and a post-issue EPS of ₹13.05. The pre-issue P/E ratio is 15.67x, while the post-issue P/E ratio is 21.68x against the Industry P/E ratio is 167.77x. The company's ROCE for FY24 is 42.50% and ROE for FY24 is 54.09%. These metrics suggest that the IPO is fully priced.

The Grey Market Premium (GMP) of Saharsa Electronic Solutions showing potential listing gains of 25% - 30%. Given the company's financial performance and the valuation of the IPO, we recommend Investors to Apply to the Saharsa Electronic Solutions Limited IPO for Listing gain or long term investment purposes.

Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. 

About the Author
CA Abhay Kumar (Also known as CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms during the training period. He is good at Technical analysis and Fundamental Analysis and uses both Technical and Fundamental analysis along with five other important factors that affect the movement of the Market namely Global Market Analysis, Upcoming Event Analysis, Institutional Money Analysis, Derivative Data Analysis, and Emotions and Sentiment of Traders and Investors in his Framework called - Technical Fundamental GUIDE to find the winning Trades.
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