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Sahana System Limited IPO

Sahana System Limited was a SME IPO in the IT Enabled Services sector, offered at ₹132–₹135 per share to raise ₹33 crore. It listed on 12 Jun 2023 at ₹163 and closed its first day at ₹171, a listing gain of +26.8% versus the ₹135 issue price. It now trades around ₹925 (+585.1% versus the issue price).

Frequently asked questions

What were the Sahana System Limited IPO listing gains?
Sahana System Limited listed on 12 Jun 2023 at ₹163, closing its first day at ₹171 — a listing gain of +26.8% versus the ₹135 issue price.
What was the price band and lot size of the Sahana System Limited IPO?
The price band was ₹132–₹135 per share, with a minimum lot of 1,000 shares (₹1,35,000 at the upper band).
Who were the registrar and lead manager for the Sahana System Limited IPO?
Purva Sharegistry (India) Private Limited was the registrar, and Unistone Capital was the book-running lead manager.