Sahana System Limited, a well-established Information Technology organization situated in Ahmedabad, has gained prominence due to its commendable CMMI Level 3, ISO 9001, and ISO/IEC 27001 accreditations. This company’s client portfolio encompasses both domestic markets and international enterprises.
Distinguished by its wide range of expertise, Sahana System Limited specializes in software solutions that encompass a wide array of cutting-edge domains. These encompass the realms of Artificial Intelligence Development, Machine-Learning applications, Web and Mobile App Development, Application Migration, and Tender Management. By harnessing advanced technologies, the company strives to elevate its brand presence in the marketplace while consistently surpassing business expectations.
Moreover, Sahana System Limited offers an array of additional services, including graphics designing, UI/UX design, SEO & ASO, digital marketing, website & application migration, cyber security, and IT services outsourcing. This wide range of offerings adds further value and reinforces the company’s commitment to meeting diverse client requirements.
Sahana System Limited IPO Complete Details:
| IPO Date | 31 May 2023 to 02 June 2023 |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Face Value | 10 Rs. Per Share |
| Price | Rs.132 to 135 |
| Lot Size | 1000 |
| Issue Size | 2,425,000 shares (Rs. 32.74 Cr) |
| Fresh Issue | 2,425,000 shares (Rs. 32.74 Cr) |
| Listing Date | 12 June 2023 |
Sahana System Limited IPO Timetable:
| Activity | Date* |
|---|---|
| Opening Date | 31 May 2023 |
| Closing Date | 02 June 2023 |
| Allotment | 07 June 2023 |
| Initiation of Refunds | 08 June 2023 |
| Credit of Shares to Demat Account | 09 June 2023 |
| Listing Date | 12 June 2023 |
Company Financial Details:
| Period Ended | Assets | Revenue | Profit After Tax | Reserves and Surplus |
|---|---|---|---|---|
| 31 March 2021 | 772.93 | 331.47 | 16.44 | 16.44 |
| 31 March 2022 | 1,498.91 | 1,217.39 | 141.18 | 142.53 |
| 31 March 2023 | 2,417.82 | 2,414.23 | 639.64 | 522.56 |
AS OF NOW, the GMP OF Sahana System Limited is Around 40 Rs.