Sahasra Electronics IPO allotment likely today: Latest GMP and other key details about one of biggest SME Issues

Sahasra Electronics shares will be listed on the NSE Emerge platform on Friday, October 4.

Sahasra Electronic Solutions shares are likely to be allotted to successful bidders on October 1 after the issue garnered nearly 122 times subscription in the price range between Rs 269 - 283 per share. Sahasra Electronic Solutions IPO had a lot size of 400 shares with Rs 1,07,600 minimum investment per lot.

The SME issue opened for subscription on 26th September and the offer concluded on 30th September. The allotment of shares is likely to take place today. Those who bid to the issue can check their allotment status on the official website of the registrar, Bigshare Services.

Sahasra Electronic IPO allotment date today: Direct link to check status on Bigshare Services

Step 1: Open the direct link to the registrar. (Click on this URL - https://ipo1.bigshareonline.com/IPO_Status.html).

Step 2: Select the company from the dropdown menu.

Step 3: Investors can check the allotment status by filling in details like PAN, Application number or DP client ID.

Step 4: Press the Submit button

Step 5: The allotment status will be shown in the window.

Sahasra Electronic IPO GMP Today Price

According to multiple platforms that track the grey market premium activities, the Sahasra Electronic Solutions shares are commanding a GMP in the price range of Rs 200, which translates to a premium of nearly 70 percent over the issue price.

Sahasra Electronics shares listing date

The trading in its equity shares will commence on the NSE Emerge, effective October 4.

One of biggest SME issues

Electronics system design and manufacturing services provider Sahasra Electronics Solutions IPO is the second biggest public issue in the SME segment (Rs 186.16 crore) in the current calendar year 2024 after KP Green Engineering (Rs 189.5 crore) in March.

With manufacturing facility in Noida, Uttar Pradesh, the company provides products and solutions like printed circuit board (PCB) assembly, box build, LED lighting, IT accessories, computer and IT hardware. Over 80 percent of its products and solutions exported certain global manufacturers in countries like United States of America, Rwanda, Tunisia, United Kingdom, Germany, Canada, Austria & Belgium in the fiscal 2024.