S A Tech Software India Limited IPO

NSE SME

Listed On: Aug 2, 2024 at ₹ 112.1

₹ 118000 /2000 Shares

Check Allotment

S A Tech Software India Limited IPO Details

26 Jul, 2024

Open Date

30 Jul, 2024

Close Date

31 Jul, 2024

Allotment Date

02 Aug, 2024

Listing Date

Issue Price

₹56-59 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

112.1

Listing Date

2024-08-02

Market Lot

2000 Shares (₹118,000/-)

Lead Manager

GYR Capital Advisors Private Limited

Issue Size

3,900,000 shares(aggregating up to ₹23.01 Cr)

Retail Portion

35%

Subscription

621.37 times

IPO Docs

DRHP RHP

The IPO of S A Tech Software India Limited is priced at ₹56-59 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

S A Tech Software India Limited IPO bid opening date is from Jul 26, 2024 and the bid closing date was Jul 30, 2024.
S A Tech Software India Limited IPO allotment result will be available on Jul 31, 2024. The tentative listing date for S A Tech Software India Limited is Aug 2, 2024.

The total issue size is 3,900,000 shares(aggregating up to ₹23.01 Cr).

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

Total No. of Applications: 3,93,580 (Approx)

S A Tech Software India Limited Valuations

EPS Pre IPO

₹1.17/-

EPS Post IPO

₹4.05/-

P/E Pre IPO

50.4

P/E Post IPO

14.58

ROCE

10.95%

Debt/Equity

1.49

RoNW

17.54%

PAT Margin

10.38

Price to Book Value

3.82

S 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: %

Company Promoter(s)

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

Company Contact Details

S A Tech Software India Limited

Off No. D-6030, 6th Floor Solitaire Bus. Hub Viman Nagar, Pune - 411014

Phone: +91 9022909131

Email: cs@satincorp.com

Website: http://www.satincorp.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

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.