Sahasra Electronics Solutions Limited IPO
The company is specializing in Electronics System Design and Manufacturing (ESDM) services. Their state-of-the-art manufacturing facility is equipped with four high-speed Surface Mount Technology (SMT) lines, with a total production capacity of 1.8 million units. They provide comprehensive solutions ranging from PCB assembly to Box Build, LED lighting, memory products, and IT hardware, and have achieved an export share of over 80% of their products in FY 2024, serving clients in countries like the United States, United Kingdom, Germany, Rwanda, Tunisia, and others.
Core Product Portfolio
i. Printed Circuit Board Assemblies (PCBA) ii. LED Lighting Solutions
iii. Memory Products iv. IT Hardware
Client Relationships and Growth Strategy
Over the years, we have built strong and long-lasting relationships with key clients. Their client servicing model is based on providing integrated solutions, ensuring on-time delivery, and maintaining a high level of product quality. This commitment to quality and customer satisfaction has helped them grow their client base from 20 customers in FY 2022 to around 40 customers in FY 2024.
They engage with customers early in their product development cycle and assist them throughout the process, ensuring that they meet their evolving requirements. By leveraging their manufacturing expertise and integrated services, they have been able to move up the value chain with many of their clients, offering tailored solutions to meet specific needs.
Global Footprint and Export Market
Their company is a global player in the ESDM sector, with exports constituting over 80% of their sales. They cater to some of the leading global manufacturers across North America, Europe, and Africa, and their products meet international standards. Their LED lighting solutions, for instance, are sold to Sahasra Electronics Rwanda Private Limited, a subsidiary of their group company, which distributes these products in countries like Rwanda.
Conclusion
Their company is at the forefront of ESDM services, with a strong focus on innovation, quality, and customer satisfaction. Through their strategic acquisitions, global partnerships, and robust manufacturing capabilities, they have established a solid foundation for sustained growth. As they continue to expand their product offerings and global reach, they remain committed to delivering high-quality electronic solutions that meet the evolving needs of their diverse customer base.
Objects of the Sahasra Electronics Solutions Limited IPO:
Sahasra Electronics Solutions Limited IPO Details:
Open Date: | Sep 26 2024 |
Close Date: | Sep 30 2024 |
Total Shares: | 6,578,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 186.16 Cr. |
Lot Size: | 400 Shares |
Issue Price: | ₹ 269 - 283 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Oct 04 2024 |
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