Systango Technologies Limited IPO GMP, Review, Price, Allotment
Systango Technologies Limited IPO Important Dates:
| Opening Date | 02 March 2023 |
| Closing Date | 06 March 2023 |
| Basis of Allotment | 10 March 2023 |
| Initiation of refunds | 13 March 2023 |
| Transfer of shares to demat accounts | 14 March 2023 |
| Listing Date | 15 March 2023 |
Systango Technologies Limited IPO Details
| Systango Technologies Limited IPO Price | ₹85 to ₹90 per share |
| Lot Size | 1600 Shares |
| Minimum Amount for 1 lot | ₹1,44,000 |
| Total IPO size | 3,868,800 shares (aggregating up to ₹34.82 Cr) |
| Fresh Issue | 3,868,800 shares (aggregating up to ₹34.82 Cr) |
| Offer for Sale | – |
| Listing At | NSE SME |
| Retail Quota | Not less than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not less than 15% |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Objective of the Issue:
- Strategic Investment and Acquisitions;
- Investment in Subsidiaries;
- To Meet Working Capital Requirements;
- General Corporate Purposes;
- Issue Expenses.
Company Financials:
(Amount in ₹ Lakhs)
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 744.32 | 1,455.31 | 251.88 | 476.81 | 421.81 |
| 31-Mar-21 | 1,537.57 | 2,388.09 | 568.26 | 1,045.50 | 775.50 |
| 31-Mar-22 | 2,288.97 | 3,392.10 | 676.99 | 1,722.49 | 1,452.49 |
| 30-Sep-22 | 2,732.41 | 2,301.30 | 572.30 | 2,296.98 | 2,026.98 |
Company Promoters:
Vinita Rathi and Nilesh Rathi are the promoters of the company.
| Pre Issue Share Holding | 97.73% |
| Post Issue Share Holding |
IPO Registrar:
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Company Contact Information:
Systango Technologies Limited
Third Floor (LHS),
STP-I Crystal IT Park, Ring Road,
Indore – 452010
Phone: +91 0731 2971030
Email: cs@systango.com
Website: http://www.systango.com/
IPO Offer Lead Manager:
Hem Securities Limited
Systango Technologies Limited IPO GMP today
| Systango Technologies IPO grey market premium | Subject to Sauda | Listing Gain |
| ₹28 | – | – |
Systango Technologies Limited IPO Review:
| What our experts say about Systango Technologies Limited IPO | Apply |
Systango Technologies Limited IPO Subscription Status live:
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 14.10 |
| Non-Institutional Buyers | 230.36 |
| Retail Investors | 66.59 |
| Employees | – |
| Others | – |
| Total | 64.99 |
Systango Technologies IPO Subscription Details (times)
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 Mar 2, 2023 | 0.00 | 0.96 | 3.24 | 1.28 |
| Day 2 Mar 3, 2023 | 0.41 | 3.75 | 12.10 | 5.01 |
| Day 3 Mar 6, 2023 | 14.10 | 230.36 | 66.59 | 64.99 |
Systango Technologies Limited IPO Allotment Status:
| Check Systango Technologies Limited IPO Allotment Status | Click Here |
Systango Technologies Limited IPO Listing Price:
| IPO Price Band | ₹90.00 |
| Open | ₹98.00 |
| Low | ₹95.00 |
| High | ₹102.90 |
| Close | ₹102.90 |
FAQ:
When will Systango Technologies Limited IPO open for subscription?
Systango Technologies Limited IPO is set to open on 02 March 2023.
What is Systango Technologies Limited IPO Price Band?
Systango Technologies Limited IPO Price Band is ₹85 to ₹90 per share.
What is the lot size of Systango Technologies Limited IPO?
The lot size of Systango Technologies Limited IPO is 1600 Shares per lot.
What is the issue size of Systango Technologies Limited IPO?
Systango Technologies Limited IPO issue size is ₹34.82 crore.
What is the last date to apply for Systango Technologies Limited IPO?
The last date to apply for Systango Technologies Limited IPO is 06 March 2023.
What is the Systango Technologies Limited IPO Allotment Date?
The allotment Date for Systango Technologies Limited IPO is 08 March 2023.
What is the Systango Technologies Limited IPO listing date?
The listing Date for Systango Technologies Limited IPO is 10 March 2023.
Systango Technologies Limited IPO should I buy?
Yes, you should apply for Systango Technologies Limited IPO.
How to apply for Systango Technologies Limited IPO through 5 Paisa?
- Login to your 5paisa account and select “Systango Technologies Limited IPO” in the current IPO section.
- Enter the number of lots and the price you wish to apply for the IPO.
- Enter your UPI ID and click on submit.
- You will receive a mandate notification to block funds in your UPI app.
- Approve the mandate request on your UPI and funds will be blocked
