Systango Technologies Limited IPO
Systango Technologies Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹85–₹90 per share. The stock debuted at ₹98, delivering a listing gain of 8.9%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,44,000.
Systango Technologies Limited IPO
- IPO Dates
- Mar 2, 2023 – Mar 6, 2023
- Price band
- ₹85 - 90 per equity share
- Minimum Investment
- ₹1,44,000
- Issue size
- Fresh Issue : 3,868,800 shares of ₹10(aggregating up to ₹34.82 Cr)
- Lot size
- 1600
- Allotment Date
- Mar 10, 2023
- Listing
- Mar 15, 2023
- Listing At
- NSE SME
IPO timeline
-
Mar 2, 2023
Open Date
Completed
-
Mar 6, 2023
Close Date
Completed
-
Mar 10, 2023
Allotment Date
Completed
-
Mar 15, 2023
Listing Date
Completed
Systango Technologies Limited IPO Essentials
Systango Technologies Limited IPO Details
Systango Technologies Limited IPO is priced at ₹85 - 90 per share with a total issue size of Fresh Issue : 3,868,800 shares of ₹10(aggregating up to ₹34.82 Cr). The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹85 to ₹90 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Fresh Issue : 3,868,800 shares of ₹10(aggregating up to ₹34.82 Cr)
- Listing at
- NSE SME
- List price
- 98.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Hem Securities Limited
Systango Technologies Limited IPO Analytics
Systango Technologies Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Systango Technologies Limited IPO Subscription Status
Systango 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 | 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
Earnings
- EPS (Post IPO)
- ₹6.27/-
Returns
- RoNW
- 39.30%
Systango Technologies Limited Financials( In Lakhs)
| 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 |
Systango Technologies Limited Company & Offer Insights
About Systango Technologies Limited
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 are the company's promoters of Systango Technologies Limited.
Systango Technologies Limited IPO Issue Objectives
- •
- Strategic Investment and Acquisitions
- •
- Investment in Subsidiaries
- •
- To Meet Working Capital Requirements
- •
- General Corporate Purposes
- •
- Issue Expenses
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Systango Technologies Limited IPO is a book-built IPO worth ₹Fresh Issue : 3,868,800 shares of ₹10(aggregating up to ₹34.82 Cr). The price band is ₹85–₹90 per share. The IPO opens on Mar 2, 2023 and closes on Mar 6, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Systango Technologies Limited IPO is ₹85 to ₹90 per share.
The lot size of Systango Technologies Limited IPO is 1600 shares.
The minimum investment for Systango Technologies Limited IPO is approximately ₹1,44,000 based on the upper price band .
Systango Technologies Limited IPO opens on Mar 2, 2023 and closes on Mar 6, 2023.
The allotment date of Systango Technologies Limited IPO is Mar 10, 2023.
Systango Technologies Limited IPO is expected to be listed on Mar 15, 2023, on NSE SME Platform.
Systango Technologies Limited IPO valuation snapshot: P/E N/A, EPS ₹6.27/-, P/B N/A, RoNW 39.30%, and market cap N/A.
To apply for Systango 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 Systango 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 Systango Technologies Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Systango 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 Systango Technologies Limited IPO allotment status on IPO Ji for quick and easy access.