Sahana System Limited

Issue Size (Net)

up to Rs. 32.74 Cr

Price Band

Rs. 132 to Rs. 135 per share

Issue Opens

31-May-23

Issue Closes

02-June-23

Company Highlights Financials Highlights Issue Details Prospectus

Company Highlights

1.Company Information

Incorporated in 2020, "Sahana System Limited" is engaged in the business of offering IT-related services. These include services like web app development, mobile application development, AI & ML development, ChatBot development, and product prototyping.

Further, the company also offers graphics designing, UI / UX design, SEO & ASO, digital marketing, website & application migration, cyber security, and outsourcing of IT services.

Sahana System has been certified as CMMI Maturity Level - 3 in E-Commerce department by Equalitas Certifications Limited. They also have received ISO 9001:2015 and ISO/IEC 27001:2013 accreditation from Equalitas Certifications Limited.

The Company is recognized as a start-up by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry. The recognition certificate is valid for 10 years from the date of incorporation of the Company.

2. Objective of the Issue

The company intends to utilize the proceeds of the issue to meet the following objects:

1. To meet the working capital requirements

2. Installation of EV charging Station

3. General Corporate Purposes

4. To meet the issue expenses

3.Sahana System IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone:+91-022-23018261/ 23016761

Email: support@purvashare.com

Website:Website: http://www.purvashare.com

Sahana System Limited Financial Information (Restated)

Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	772.93	331.47	16.44	17.44	16.44	723.25
31-Mar-22	1,498.91	1,217.39	141.18	452.06	142.53	512.59
31-Mar-23	2,417.82	2,414.23	639.64	1,079.71	522.56	477.04
Amount in Rs. Lakhs

Sahana System IPO Details

Issue Opening Date	31 May-23
Issue Closing Date	02 June-23
Face Value	Rs. 10 per share
Price	Rs. 132 to Rs. 135 per share
Lot Size	1000 Shares
Issue Size	2,425,000 shares (aggregating up to Rs. 32.74 Cr)
Fresh Issue	2,425,000 shares (aggregating up to Rs. 32.74 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Share holding pre issue	5,571,493
Share holding post issue	7,996,493

Sahana System IPO Timetable

Event	Tentative Date
Opening Date	Wednesday, 31 May 2023
Closing Date	Monday, 2 June 2023
Basis of Allotment	Wednesday, 7 June 2023
Initiation of Refunds	Thursday, 8 June 2023
Credit of Shares to Demat	Friday, 9 June 2023
Listing Date	Monday, 12 June 2023

Sahana System IPO Lot Size

The Sahana System IPO lot size is 1000 shares.

Application	Lots	Shares	Amount
Retail (Min)	1	1000	Rs.135,000
Retail (Max)	1	1000	Rs.135,000
HNI (Min)	2	2000	Rs.270,000

Prospectus

Prospectus File

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