S A Tech Software India Limited IPO
S A Tech Software India Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹56–₹59 per share. The stock debuted at ₹112.1, delivering a listing gain of 90.0%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,18,000.
S A Tech Software India Limited IPO
- IPO Dates
- Jul 26, 2024 – Jul 30, 2024
- Price band
- ₹56-59 per equity share
- Minimum Investment
- ₹1,18,000
- Issue size
- ₹23.01 Cr
- Lot size
- 2000
- Allotment Date
- Jul 31, 2024
- Listing
- Aug 2, 2024
- Listing At
- NSE SME
IPO timeline
-
Jul 26, 2024
Open Date
Completed
-
Jul 30, 2024
Close Date
Completed
-
Jul 31, 2024
Allotment Date
Completed
-
Aug 2, 2024
Listing Date
Completed
S A Tech Software India Limited IPO Essentials
S A Tech Software India Limited IPO Details
S A Tech Software India Limited IPO is priced at ₹56-59 per share with a total issue size of 23.01 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹56-59 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,900,000 shares(aggregating up to ₹23.01 Cr)
- Total issue size
- 39,00,000 shares
(aggregating up to ₹23.01 crore) - Fresh issue
- 39,00,000 shares
(aggregating up to ₹23.01 crore) - Listing at
- NSE SME
- List price
- 112.1
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
GYR Capital Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,18,000 |
| Retail(max) | 1 | 2000 | ₹1,18,000 |
| NII (min) | 2 | 4000 | ₹2,36,000 |
S A Tech Software India Limited IPO Reservation
S A Tech Software India Limited IPO reservation details show category-wise allocation of shares. Out of the total 3,900,000 shares, approximately 18.56% are reserved for QIB, 13.95% for NII, 32.46% for retail investors, 7.28% for market maker, and 27.74% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,082,000 (27.74%) | |
| Market Maker Shares Offered | 284,000 (7.28%) | |
| QIB Shares Offered | 724,000 (18.56%) | |
| NII (HNI) Shares Offered | 544,000 (13.95%) | |
| Retail Shares Offered | 1,266,000 (32.46%) | |
| Total Shares Offered | 3,900,000 (100%) |
S A Tech Software India Limited IPO Analytics
S A Tech Software India Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
S A Tech Software India Limited IPO Subscription Status
S A Tech Software India Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹1.17/-
- EPS Post IPO
- ₹4.05/-
- P/E Pre IPO
- 50.4
- P/E Post IPO
- 14.58
Returns
- ROCE
- 10.95%
- RoNW
- 17.54%
- PAT Margin
- 10.38
Fundamentals
- Debt / Equity
- 1.49
- Price / Book
- 3.82
S A Tech Software India Limited Financials( In Lakhs)
| 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 |
S A Tech Software India Limited Company & Offer Insights
About S A Tech Software India Limited
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)
SA Technologies Inc., USA, Mr. Manoj Joshi, Mrs. Priyanka Joshi are the company's promoters of S A Tech Software India Limited.
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.
S A Tech Software India Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| S A Tech Software India Limited | 1.19 | 1.19 | 178.63 | 50.4 | 13.96 | 0.33 | Standalone |
| Asm Technologies Ltd. | 15.06 | 15.06 | 67.05 | 55.14 | 13.31 | 7.08 | Standalone |
| Moschip Technologies Ltd | 0.32 | 0.3 | 6.8 | 165.18 | 5.46 | 14.53 | Standalone |
| Infobeans Technologies Limited | 15.18 | 15.09 | 111.98 | 30.34 | 13.24 | 3.93 | Standalone |
| Onward Technologies Ltd. | 7.34 | 7.16 | 77.94 | 55.77 | 6.6 | 7.96 | Standalone |
| 3i Infotech Limited | 3.1 | 3.05 | 38.16 | 343.13 | 0.21 | 1.41 | Standalone |
Notes:
- The EPS, NAV, and RoNW of S A Tech Software India Limited are taken as per the Restated Financial Statement for the Financial year ended March 31, 2023.
- NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as of March 31, 2023.
- The RoNW has been computed as net profit after tax divided by closing net worth.
- Net worth has been computed in the manner specified in Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.
- Closing market price of the peers considered as January 05, 2024, on BSE.
Contact Information
Contact Details
S A Tech Software India Limited
+91 9022909131
Off No. D-6030, 6th Floor Solitaire Bus. Hub Viman Nagar, Pune - 411014
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
S A Tech Software India Limited IPO is a book-built IPO worth ₹23.01 crore. The price band is ₹56–₹59 per share. The IPO opens on Jul 26, 2024 and closes on Jul 30, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of S A Tech Software India Limited IPO is ₹56 to ₹59 per share.
The lot size of S A Tech Software India Limited IPO is 2000 shares.
The minimum investment for S A Tech Software India Limited IPO is approximately ₹1,18,000 based on the upper price band .
S A Tech Software India Limited IPO opens on Jul 26, 2024 and closes on Jul 30, 2024.
The allotment date of S A Tech Software India Limited IPO is Jul 31, 2024.
S A Tech Software India Limited IPO is expected to be listed on Aug 2, 2024, on NSE SME Platform.
S A Tech Software India Limited IPO valuation snapshot: P/E 14.58, EPS ₹4.05/-, P/B 3.82, RoNW 17.54%, and market cap N/A.
To apply for S A Tech Software India Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of S A Tech Software India Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for S A Tech Software India Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check S A Tech Software India Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the S A Tech Software India Limited IPO allotment status on IPO Ji for quick and easy access.