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.
Sahana System IPO Details
| Total Issue Size | 2,425,000 shares
(aggregating up to ₹32.74 Cr) |
| Fresh Issue | 2,425,000 shares
(aggregating up to ₹[.] 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 |
| Market Maker portion | 125,000 shares (Rikhav Securities) |
Sahana System IPO Reservation
| QIB Shares Offered | Not more than 10% of the Net offer |
| NII (HNI) Shares Offered | Not less than 45% of the Offer |
| Retail Shares Offered | Not less than 45% of the Offer |
Note:
- Market Maker portion of 125,000 equity shares is added to NII Reservation.
- Total Shares offered: QIB+NII+RII.
Company Financials
| Period Ended | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 |
|---|
| Total Assets | 772.93 | 1,498.91 | 2,417.82 |
|---|
| Total Revenue | 331.47 | 1,217.39 | 2,414.23 |
|---|
| Profit After Tax | 16.44 | 141.18 | 639.64 |
|---|
| Net Worth | 17.44 | 452.06 | 1,079.71 |
|---|
| Reserves and Surplus | 16.44 | 142.53 | 522.56 |
|---|
| Total Borrowing | 723.25 | 512.59 | 477.04 |
|---|
Strength
Weakness
