S A Tech Software India Limited IPO
NSE SMEListed On: Aug 2, 2024 at ₹ 112.1
₹ 118000 /2000 Shares
Check Allotment26 Jul, 2024
Open Date30 Jul, 2024
Close Date31 Jul, 2024
Allotment Date02 Aug, 2024
Listing DateIssue Price
₹56-59 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
112.1Listing Date
2024-08-02Market Lot
2000 Shares (₹118,000/-)Lead Manager
GYR Capital Advisors Private LimitedIssue Size
3,900,000 shares(aggregating up to ₹23.01 Cr)Retail Portion
35%Subscription
621.37 timesS A Tech Software India Limited IPO Details
S A Tech Software India Limited IPO is an SME IPO, priced at ₹56-59 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 39,00,000 equity shares, aggregating up to ₹23.01 crores..
The IPO bidding window is open from Jul 26, 2024 to Jul 30, 2024. The allotment is expected to be finalized on Jul 31, 2024, and the tentative listing date is Aug 2, 2024.
The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹1,18,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,36,000.
GYR Capital Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Giriraj Stock Broking Private Limited will act as the market maker for this issue.
S A Tech Software India Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 724,000 / 544,000 | 1,266,000 | 2,534,000 |
| Day 1 - 26-07-24 06:00 PM | 4.28 / 15.23 x | 21.78 x | 15.37 x |
| Day 2 - 29-07-24 06:00 PM | 9.00 / 87.51 x | 161.25 x | 101.92 x |
| Day 3 - 30-07-24 06:00 PM | 201.29 / 893.66 x | 621.77 x | 621.37 x |
S A Tech Software India Limited Valuations
EPS Pre IPO
₹1.17/-EPS Post IPO
₹4.05/-P/E Pre IPO
50.4P/E Post IPO
14.58ROCE
10.95%Debt/Equity
1.49RoNW
17.54%PAT Margin
10.38Price to Book Value
3.82S A Tech Software India Limited Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 3,706.06 | 3,461.23 | 3,225.87 |
| Revenue | 7,238.12 | 5,673.05 | 4,154.37 |
| Profit After Tax | 368.86 | 107.19 | -549.50 |
| Net Worth | 1,166.35 | 772.48 | 663.89 |
| Reserves & Surplus | 250.62 | 729.50 | 620.91 |
| Total Borrowing | 1,288.12 | 1,459.18 | 1,959.34 |
About The Company
S A Tech Software India Limited was established in 2012 and is an IT consulting subsidiary of the foreign corporation SA Technologies Inc, USA.
The company offers application development, mobile app development, cloud infrastructure, software quality assurance, generative AI, machine learning, IoT solutions, data science and analytics.
vThe product and services portfolio of S A Tech Software India comprises of:
IT Services: It delivers technology services and digital transformation to clients of Fortune 500 companies, in aspects that help them create better products by conceptualizing, designing, developing, and delivering them. Among these, they include artificial intelligence and machine learning, software development and engineering, digital transformation and automation, cloud and DevOps services, quality assurance and testing, and the Global Capability Centre (GCC).
AI and ML
Data science and analytics
Software development and engineering
Digital transformation and automation
Cloud and DevOps services
Quality assurance and testing
By September 30, 2023, the company had 356 employees.
S A Tech Software India Limited - Promoter(s)
Pre Issue Share Holding: 79.27%
Post Issue Share Holding: %
- SA Technologies Inc., USA
- Mr. Manoj Joshi
- Mrs. Priyanka Joshi
S A Tech Software India Limited IPO - Issue Objectives
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- Funding the working capital requirements of the company
- General Corporate Purposes.
Other Details
S A Tech Software India Limited
Off No. D-6030, 6th Floor Solitaire Bus. Hub Viman Nagar, Pune - 411014Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
S A Tech Software India Limited IPO - FAQs
Ans. S A Tech Software India Limited IPO is a SME IPO. The issue is priced at ₹56-59 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jul 26, 2024, and closes on Jul 30, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The S A Tech Software India Limited IPO opens on Jul 26, 2024 and closes on Jul 30, 2024.
Ans. The size of S A Tech Software India Limited IPO is 3,900,000 shares(aggregating up to ₹23.01 Cr).
Ans. The IPO price band is set between ₹56-59 per equity share.
Ans. To apply for S A Tech Software India Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find S A Tech Software India Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of S A Tech Software India Limited IPO is Jul 31, 2024.
Ans. The S A Tech Software India Limited IPO will be listed on Aug 2, 2024.
Ans. Follow the steps to check the allotment status for S A Tech Software India Limited IPO here.
