Sancode Technologies Limited IPO

Sancode Technologies Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹47 per share. The stock debuted at ₹64, delivering a listing gain of 36.2%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,41,000.

Sancode Technologies Limited IPO

BSE SME Listed
₹1,41,000 (3000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Mar 31, 2023 – Apr 6, 2023
Price band
₹47 per equity share
Minimum Investment
₹1,41,000
Issue size
1,095,000 shares(aggregating up to ₹5.15 Cr)
Lot size
3000
Allotment Date
Apr 12, 2023
Listing
Apr 18, 2023
Listing At
BSE SME

IPO timeline

  1. Mar 31, 2023

    Open Date

    Completed

  2. Apr 6, 2023

    Close Date

    Completed

  3. Apr 12, 2023

    Allotment Date

    Completed

  4. Apr 18, 2023

    Listing Date

    Completed

Sancode Technologies Limited IPO Essentials

Sancode Technologies Limited IPO Details

Sancode Technologies Limited IPO is priced at ₹47 per share with a total issue size of 1,095,000 shares(aggregating up to ₹5.15 Cr). The IPO has a lot size of 3000 shares and is listed on BSE SME.

Issue price
₹47 per equity share
Lot size
3000 shares
Face value
₹10 Per Equity Share
Issue size
1,095,000 shares(aggregating up to ₹5.15 Cr)
Listing at
BSE SME
List price
64.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
SHRENI SHARES PRIVATE LIMITED

Sancode Technologies Limited IPO Details

  • Retail Portion N/A

Sancode Technologies Limited IPO Documents

Sancode Technologies Limited IPO Analytics

Sancode Technologies Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Sancode Technologies Limited IPO Subscription Status

Sancode Technologies 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 519,000 519,000 1,038,000
Day 1 31-03-23 06:00 PM
(0.00) x 0.17 x 0.09 x
Day 2 03-04-23 06:00 PM
(0.54) x 0.42 x 0.48 x
Day 3 05-04-23 06:00 PM
(1.54) x 1.27 x 1.41 x
Day 4 06-04-23 06:00 PM
(3.98) x 3.34 x 3.66 x

Sancode Technologies Limited Valuations

Earnings

EPS (Post IPO)
₹29.05/-

Returns

RoNW
21.93%

Data sourced from DRHP / RHP • For educational purposes only

Sancode Technologies Limited Financials( In Lakhs)

30-Sept-22 31-Mar-22 31-Mar-21 31-Mar-20
Assets 481.26 349.87 313.96 330.45
Revenue 180.62 244.81 159.74 43.08
Profit After Tax 89.36 75.12 -26.17 -112.98

Sancode Technologies Limited Company & Offer Insights

About Sancode Technologies Limited

Sancode Technologies Limited develops API-based software platforms and solutions.

The company provides easy-to-implement pre-built business logic and solution workflows for clients in digital transformation, workflow automation, Artificial intelligence (AI), Machine learning (ML), Robotic Process Automation (RPA), and Data Analytics, Metaverse, and Web3 applications, System Integration areas.

Sancode Technologies undertakes offshore software development projects, digital transformation, cloud migration, advance analytics, Robotic process automation, machine learning, and AI projects including those in emerging niche segments like Internet and Intranet website applications, enterprise solutions software, resource planning, e-commerce, value-added products and other business applications for corporations across the globe.

The company's customer base sits majorly in the United States of America which includes clients from manufacturing, FMCG, banks and financial institutions, retail, and real estate.

Sancode Technologies Limited Promoter(s)

Amit Vijay Jain, Khushboo Jain, Mihir Deepak Vora, ZNL Startup Accelerator LLP are the company's promoters of Sancode Technologies Limited.

Sancode Technologies Limited IPO Issue Objectives

Funding working capital requirements.
General corporate purposes.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Sancode Technologies Limited IPO is a Fixed Priced IPO worth ₹1,095,000 shares(aggregating up to ₹5.15 Cr). The issue price is ₹47 per share (fixed price). The IPO opens on Mar 31, 2023 and closes on Apr 6, 2023. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Sancode Technologies Limited IPO is ₹47 per share (fixed price).

The lot size of Sancode Technologies Limited IPO is 3000 shares.

The minimum investment for Sancode Technologies Limited IPO is approximately ₹1,41,000 based on the issue price .

Sancode Technologies Limited IPO opens on Mar 31, 2023 and closes on Apr 6, 2023.

The allotment date of Sancode Technologies Limited IPO is Apr 12, 2023.

Sancode Technologies Limited IPO is expected to be listed on Apr 18, 2023, on BSE SME Platform.

Sancode Technologies Limited IPO valuation snapshot: P/E N/A, EPS ₹29.05/-, P/B N/A, RoNW 21.93%, and market cap N/A.

To apply for Sancode Technologies 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 Sancode Technologies 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 Sancode Technologies Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Sancode Technologies Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sancode Technologies Limited IPO allotment status on IPO Ji for quick and easy access.