Systango Technologies Limited IPO
NSE SMEListed On: Mar 15, 2023 at ₹ 98.0
₹ 288000 /3200 Shares
*Min Investment
02 Mar, 2023
Open Date06 Mar, 2023
Close Date10 Mar, 2023
Allotment Date15 Mar, 2023
Listing DateSystango Technologies Limited IPO Issue Details
- Issue Price ₹85 to ₹90 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price Fresh Issue : 3,868,800 shares of ₹10(aggregating up to ₹34.82 Cr)
- Listing at NSE SME
- List Price 98.0
- Listing Date 2023-03-15
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Pvt Ltd
Systango Technologies Limited IPO Details
- Retail Portion N/A
Systango Technologies Limited IPO Details
Systango Technologies Limited IPO is an SME IPO, priced at ₹85 to ₹90 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 bidding window is open from Mar 2, 2023 to Mar 6, 2023. The allotment is expected to be finalized on Mar 10, 2023, and the tentative listing date is Mar 15, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Systango Technologies Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,833,600 / 552,000 | 1,286,400 | 3,672,000 |
Day 1 02-03-23 06:00 PM | 0.00 / 0.96 x | 3.24 x | 1.28 x |
Day 2 03-03-23 06:00 PM | 0.41 / 3.75 x | 12.10 x | 5.01 x |
Day 3 06-03-23 06:00 PM | 14.10 / 230.36 x | 66.59 x | 64.99 x |
Systango Technologies Limited Valuations
Systango Technologies Limited Company Financials
| 30-Sept-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 2,732.41 | 2,288.97 | 1,537.57 | 744.32 |
| Revenue | 2,301.30 | 3,392.10 | 2,388.09 | 1,455.31 |
| Profit After Tax | 572.30 | 676.99 | 568.26 | 251.88 |
About Systango Technologies Limited Company
Incorporated in 2004, Systango Technologies Limited is engaged in the business of providing software solutions. The offerings of the company enable companies to design, implement and manage their own customized digital platforms.
These platforms designed by Systango include Web2, Web3, and mobile applications with a strong emphasis on data and analytics.
The range of software solutions provided by the company is wide and includes- Website development, Mobile app development (both for iOS and Android applications), Web3 development, DeFi (Decentralized finance), Data Engineering, Implementation of blockchain, Cloud computing and Digital Marketing.
Systango Technologies offers its services across various sectors like Hospitality, Property Tech, Financial Services (FinTech), Fantasy Sports, and many others.
The company has evolved as a professional and technical service provider over the years of its operations. Their end-to-end technology solutions and support help entities and organization effectively implement innovations in their system and keep up with the new-age world.
Systango Technologies Limited - Promoter(s)
Vinita Rathi
Nilesh Rathi
Pre Issue Share Holding : 97.73%
Post Issue Share Holding : %
Systango Technologies Limited IPO - Issue Objectives
Strategic Investment and Acquisitions
Investment in Subsidiaries
To Meet Working Capital Requirements
General Corporate Purposes
Issue Expenses
Systango Technologies Limited IPO - FAQs
Ans. Systango Technologies Limited IPO is a SME IPO. The issue is priced at ₹85 to ₹90 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Mar 2, 2023, and closes on Mar 6, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Systango Technologies Limited IPO opens on Mar 2, 2023 and closes on Mar 6, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Systango Technologies Limited IPO is Fresh Issue : 3,868,800 shares of ₹10(aggregating up to ₹34.82 Cr).
Ans. The Systango Technologies Limited IPO price band is set between ₹85 to ₹90 per equity share.
Ans. To apply for Systango Technologies Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Systango Technologies 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 Systango Technologies Limited IPO is Mar 10, 2023.
Ans. The Systango Technologies Limited IPO will be listed on Mar 15, 2023.
Ans. Follow the steps to check the Systango Technologies Limited IPO allotment status online.
