S A Tech Software India IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jul 26 to Jul 30 2024
Price Band
₹56 - 59
Current GMP
₹112.1(90.00%)
Subscription
621.25 times
IPO Details
| IPO Date | July 26, 2024 to July 30, 2024 |
| Listing Date | Friday, August 2, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹56 to ₹59 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 3,900,000 shares (aggregating up to ₹23.01 Cr) |
| Fresh Issue | 3,900,000 shares (aggregating up to ₹23.01 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 9,157,281 |
| Share holding post issue | 13,057,281 |
| Market Maker portion | 284,000 shares Giriraj Stock Broking |
IPO Date
July 26, 2024 to July 30, 2024
Listing Date
Friday, August 2, 2024
Face Value
₹10 per share
Price Band
₹56 to ₹59 per share
Lot Size
2000 Shares
Total Issue Size
3,900,000 shares (aggregating up to ₹23.01 Cr)
Fresh Issue
3,900,000 shares (aggregating up to ₹23.01 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
9,157,281
Share holding post issue
13,057,281
Market Maker portion
284,000 shares Giriraj Stock Broking
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 201.29 |
| Non-Institutional Buyers*** | 1,178.97 |
| Retail Investors | 621.77 |
| Total ** | 621.25 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
201.29
Non-Institutional Buyers***
1,178.97
Retail Investors
621.77
Total **
621.25
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jul 26, 2024 | 4.28 | 15.23 | 21.78 | 15.37 |
| Day 2 Jul 29, 2024 | 9.00 | 87.51 | 161.25 | 101.92 |
| Day 3 Jul 30, 2024 | 201.29 | 1,178.97 | 621.77 | 621.25 |
DayDay 1
Jul 26, 2024
QIB4.28
NII*15.23
Retail21.78
Total15.37
DayDay 2
Jul 29, 2024
QIB9.00
NII*87.51
Retail161.25
Total101.92
DayDay 3
Jul 30, 2024
QIB201.29
NII*1,178.97
Retail621.77
Total621.25
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 02-08-2024 | 59.00 | 80(135.59%) | 139 |
| 01-08-2024 | 59.00 | 80(135.59%) | 139 |
| 31-07-2024 | 59.00 | 80(135.59%) | 139 |
| 30-07-2024 | 59.00 | 80(135.59%) | 139 |
| 29-07-2024 | 59.00 | 80(135.59%) | 139 |
| 28-07-2024 | 59.00 | 70(118.64%) | 129 |
| 27-07-2024 | 59.00 | 70(118.64%) | 129 |
| 26-07-2024 | 59.00 | 70(118.64%) | 129 |
| 25-07-2024 | 59.00 | 59(100.0%) | 118 |
| 24-07-2024 | 59.00 | 59(100.0%) | 118 |
| 23-07-2024 | 59.00 | 51(86.44%) | 110 |
| 22-07-2024 | 59.00 | 40(67.8%) | 99 |
Date02-08-2024
Price59.00
GMP80(135.59%)
Estimate List Price139
Date01-08-2024
Price59.00
GMP80(135.59%)
Estimate List Price139
Date31-07-2024
Price59.00
GMP80(135.59%)
Estimate List Price139
Date30-07-2024
Price59.00
GMP80(135.59%)
Estimate List Price139
Date29-07-2024
Price59.00
GMP80(135.59%)
Estimate List Price139
Date28-07-2024
Price59.00
GMP70(118.64%)
Estimate List Price129
Date27-07-2024
Price59.00
GMP70(118.64%)
Estimate List Price129
Date26-07-2024
Price59.00
GMP70(118.64%)
Estimate List Price129
Date25-07-2024
Price59.00
GMP59(100.0%)
Estimate List Price118
Date24-07-2024
Price59.00
GMP59(100.0%)
Estimate List Price118
Date23-07-2024
Price59.00
GMP51(86.44%)
Estimate List Price110
Date22-07-2024
Price59.00
GMP40(67.8%)
Estimate List Price99
IPO Important Dates
| IPO Open Date | Friday, July 26, 2024 |
| IPO Close Date | Tuesday, July 30, 2024 |
| Basis of Allotment | Wednesday, July 31, 2024 |
| Initiation of Refunds | Thursday, August 1, 2024 |
| Credit of Shares to Demat | Thursday, August 1, 2024 |
| Listing Date | Friday, August 2, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 30, 2024 |
IPO Open Date
Friday, July 26, 2024
IPO Close Date
Tuesday, July 30, 2024
Basis of Allotment
Wednesday, July 31, 2024
Initiation of Refunds
Thursday, August 1, 2024
Credit of Shares to Demat
Thursday, August 1, 2024
Listing Date
Friday, August 2, 2024
Cut-off time for UPI mandate confirmation
5 PM on July 30, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹118,000 |
| Retail (Max) | 1 | 2000 | ₹118,000 |
| HNI (Min) | 2 | 4,000 | ₹236,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹118,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹118,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹236,000
Financial Information
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 4,703.23 | 3,706.06 | 3,465.95 |
| Revenue | 2,397.18 | 7,238.12 | 5,673.05 |
| Profit After Tax | 248.07 | 368.86 | 100.59 |
| Net Worth | 1,414.43 | 1,166.35 | 772.48 |
| Reserves and Surplus | 498.70 | 250.62 | 729.50 |
| Total Borrowing | 2,105.22 | 1,288.12 | 1,459.18 |
Period EndedPeriod Ended
30 Jun 202430 Jun 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Jun 20244,703.23
31 Mar 20243,706.06
31 Mar 20233,465.95
Period EndedRevenue
30 Jun 20242,397.18
31 Mar 20247,238.12
31 Mar 20235,673.05
Period EndedProfit After Tax
30 Jun 2024248.07
31 Mar 2024368.86
31 Mar 2023100.59
Period EndedNet Worth
30 Jun 20241,414.43
31 Mar 20241,166.35
31 Mar 2023772.48
Period EndedReserves and Surplus
30 Jun 2024498.70
31 Mar 2024250.62
31 Mar 2023729.50
Period EndedTotal Borrowing
30 Jun 20242,105.22
31 Mar 20241,288.12
31 Mar 20231,459.18
Key Performance Indicator
| ROCE | 10.95% |
| Debt/Equity | 1.49 |
| RoNW | 17.54% |
| P/BV | 3.82 |
| PAT Margin (%) | 10.38 |
| EPS (Rs) | 4.03 |
ROCE
10.95%
Debt/Equity
1.49
RoNW
17.54%
P/BV
3.82
PAT Margin (%)
10.38
EPS (Rs)
4.03
IPO Reservation
| 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%) |
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%)
Information about company
S A Tech Software India Limited was founded in 2012 and is an IT consulting subsidiary of the foreign corporation SA Technologies Inc, USA.
The company provides application development, mobile app development, cloud infrastructure, software quality assurance, generative AI, machine learning, IoT solutions, data science and analytics.
The product and services portfolio of S A Tech Software India includes:
IT Services: The company provides technology services and digital transformation services to Fortune 500 clients, helping them conceptualize, design, develop and deliver better products. These 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).
Artificial intelligence (AI) and machine learning (ML)
Data science and analytics
Software development and engineering
Digital transformation and automation
Cloud and DevOps services
Quality assurance and testing
As of September 30, 2023, the company had 356 employees.
Objectives of IPO
The company proposes to utilize the Net Proceeds towards funding the following 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; and
General Corporate Purposes.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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