Sahana System Limited

Sahana System Limited IPO Review, Date, Price, GMP, Allotment

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 Date31 May 2023 to 02 June 2023
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Face Value10 Rs. Per Share
PriceRs.132 to 135
Lot Size1000
Issue Size2,425,000 shares (Rs. 32.74 Cr)
Fresh Issue2,425,000 shares (Rs. 32.74 Cr)
Listing Date12 June 2023

Sahana System Limited IPO Timetable:

Opening Date31 May 2023
Closing Date02 June 2023
Allotment07 June 2023
Initiation of Refunds08 June 2023
Credit of Shares to Demat Account09 June 2023
Listing Date12 June 2023
* Date May Change

Company Financial Details:

Period EndedAssetsRevenueProfit After TaxReserves and Surplus
31 March 2021772.93331.4716.4416.44
31 March 20221,498.911,217.39141.18142.53
31 March 20232,417.822,414.23639.64522.56
Amount In Lakhs

AS OF NOW, the GMP OF Sahana System Limited is Around 40 Rs.

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