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May 31, 2023 - June 2, 2023

Sahana System IPO FAQ

Sahana System IPO Date & Price

The Sahana System IPO opens on May 31, 2023 and closes on June 2, 2023.

Sahana System IPO timetable / schedule is as below:
  • Bid/Offer Opens On: May 31, 2023
  • Bid/Offer Closes On: June 2, 2023
  • Finalization of Basis of Allotment: June 7, 2023
  • Initiation of refunds: June 8, 2023
  • Credit of Equity Shares: June 9, 2023
  • Listing Date: June 12, 2023

Sahana System IPO price is set at ₹135 per equity share.

Sahana System IPO will close for subscription at 5 PM on June 2, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Sahana System IPO starts on May 31, 2023. The issue ends on June 2, 2023.

Sahana System IPO Issue Size and Subscription Status

The Sahana System IPO size is 2425000 Equity Shares of ₹10 aggregating up to ₹32.74 Cr.

Sahana System Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Sahana System IPO shares through the banks (using ASBA) or through the broker (using UPI).

Sahana System IPO Offer Size

Qualified Institutional Buyers (QIB)230,000 Shares
Non-Institutional Investors (NII)1,035,000 Shares
Retail Individual Investor (RII)1,035,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,300,000 Shares

Sahana System IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)9.70 times times
Non-Institutional Investors (NII)7.07 times times
Retail Individual Investor (RII)12.97 times times
Employee Reservations times
Other Reservations times
Total Issue Size9.99 times times

Click here to check the Sahana System IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Sahana System IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Sahana System IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Sahana System IPO Allotment and Listing

The Sahana System IPO allot status will be available online on June 7, 2023. Check the Sahana System IPO Allotment Status here.

Click here to check Sahana System IPO Allotment Status.

Sahana System IPO listing Date is June 12, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Sahana System IPO listing date and time is published by the exchange in a circular.

Click here to view the Sahana System IPO Basis of Allotment.

It is hard to say at what price Sahana System IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Sahana System IPO shares will list on June 12, 2023 at NSE SME.

Sahana System IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Sahana System IPO which could help you with questions like Sahana System IPO buy or not? You should also read Sahana System IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Sahana System IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Sahana System IPO performance. The performance reports are available 1 day after listing.