Sahasra Electronics Solutions Limited

About the company

## **About  Sahasra Electronics Solutions Limited** Incorporated in February 2023, Sahasra Electronics Solutions is at the forefront of Electronics System Design and Manufacturing (ESDM), providing comprehensive solutions from their advanced manufacturing plant located in Noida, Uttar Pradesh. Their facility is equipped with four high-speed SMT lines, boasting a total capacity of around 1,800,000 units. They specialize in a diverse range of products and services, including printed circuit board (PCB) assembly, box build solutions, LED lighting, memory products, and IT hardware. They cater to global manufacturers in countries such as the USA, Germany, Canada, and Rwanda, solidifying presence in the international market. Their product portfolio is meticulously designed to meet the needs of various industries, including automotive, medical, industrial, IT, and consumer electronics. Their printed circuit board assemblies (PCBAs) serve as critical components in products like laptops and tablets, while their LED lighting solutions incorporate advanced technology, including LED chips and power supplies. In addition, they produce high-performance memory products, such as DRAM modules and solid-state drives, as well as IT hardware including motherboards and computers. This extensive range positions us as a versatile solutions provider in the electronics manufacturing sector. In a strategic move to bolster their capabilities, they have acquired a controlling stake in Sahasra Semiconductor Private Limited, which operates a semiconductor packaging facility in Bhiwadi, Rajasthan. This subsidiary focuses on manufacturing essential electronic components such as integrated circuits and chips, further enriching their product offerings. Additionally, they supply their LED lighting solutions to Sahasra Electronics Rwanda Private Limited, facilitating growth in international markets. These strategic partnerships enable them to expand their reach while maintaining high-quality standards across their product lines. Quality and customer satisfaction are the cornerstones of their operations. Their manufacturing facility features engineered layouts, process controls, and automation systems that ensure high productivity and stringent quality assurance. They employ advanced inspection technologies, including high-speed PWB inspection and X-ray machines, to maintain superior product standards. With a dedicated workforce of approximately 160 employees, including 35 engineers focused on operational efficiency, they are committed to delivering integrated solutions tailored to their clients’ needs. Over the past few years, they have successfully expanded their customer base, increasing from 20 clients to around 40 in Fiscal 2024, reflecting their dedication to building long-term relationships and providing exceptional service in the electronics manufacturing industry. Sahasra Electronics Solutions prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives 1. Funding Capital Expenditure towards installation of additional plant and machinery at new manufacturing facility situated at Bhiwadi, Rajasthan. 1. Investment in their Subsidiary, Sahasra Semiconductors Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery. 1. To Meet Working Capital Requirements. 1. General Corporate Purposes.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   26 Sept 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   30 Sept 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   28 Sept 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   03 Oct 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   01 Oct 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   04 Oct 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.