Systango Technologies IPO Details: Systango Technologies IPO date is mounted, The IPO will open on March 2 and can shut on March 6, 2023. Systango Technologies is an NSE SME IPO to lift ₹34.82 crores through IPO. The Systango Technologies IPO worth band is mounted at ₹85 to ₹90 with a market lot of 1600 shares.
Systango Technologies Limited is a software program growth firm. They present companies to virtually all of the know-how verticals from custom-made digital platforms. The platforms embody Web2, Web3, and Mobile Applications primarily based on a powerful emphasis on knowledge, and analytics. They are a digital transformation accomplice with main digital, cloud-native, and safety capabilities that will help you construct a greater model of your enterprise.
They present software program options that embody internet growth, cell app growth for iOs and Android gadgets, Web3 growth, DeFi, Data Engineering, Blockchain Implementation, Cloud Computing, and Digital Marketing. They supply companies to sectors like Hospitality, Property Tech, Financial Services (FinTech), Fantasy Sports, and lots of others.
Objects of the Issue:
- Strategic Investment and Acquisitions.
- Investment in Subsidiaries.
- To Meet Working Capital Requirements.
- General Corporate Purposes.
- Issue Expenses.
Systango Technologies IPO Review
| Date | GMP | Kostak | Subject to |
| 27 February | ₹30 | ₹- | ₹45000 |
Systango Technologies IPO Date & Price Band Details
| IPO Open: | March 2, 2023 |
| IPO Close: | March 6, 2023 |
| IPO Size: | Approx ₹34.82 Crores, 38,68,800 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹85 to ₹90 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the online supply |
| QIB Quota: | 50% of the online supply |
| NII Quota: | 15% of the online supply |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Systango Technologies IPO Market Lot
The Systango Technologies IPO minimal market lot is 1600 shares with a ₹144,000 utility quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹144,000 |
| Retail Maximum | 1 | 1600 | ₹144,000 |
| S-HNI Minimum | 2 | 3200 | ₹288,000 |
Systango Technologies IPO Dates
The Systango Technologies IPO date is March 2 and the IPO shut date is March 6. The IPO allotment date is March 10 and the IPO would possibly listing on March 15.
| IPO Open Date: | March 2, 2023 |
| IPO Close Date: | March 6, 2023 |
| Basis of Allotment: | March 10, 2023 |
| Refunds: | March 13, 2023 |
| Credit to Demat Account: | March 14, 2023 |
| IPO Listing Date: | March 15, 2023 |
You can examine IPO subscription standing and IPO allotment standing on their respective pages.
Systango Technologies IPO Form
How to use Systango Technologies IPO? You can apply Systango Technologies IPO through ASBA accessible in your checking account. Just go to the web financial institution login and apply through your checking account by deciding on the Systango Technologies IPO within the Invest part. The different possibility you’ll be able to apply Systango Technologies IPO through IPO types obtain through the NSE web site. Check out the Systango Technologies types – click on NSE IPO Forms obtain, fill and submit in your financial institution or along with your dealer.
Systango Technologies Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹14.55 | ₹11.63 | ₹2.52 |
| 2021 | ₹23.88 | ₹17.10 | ₹5.68 |
| 2022 | ₹33.92 | ₹25.86 | ₹6.76 |
| 2023 6M | ₹23.01 | ₹16.23 | ₹5.72 |
Systango Technologies IPO Valuation – FY2022
Check Systango Technologies IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) particulars.
| Earning Per Share (EPS): | ₹6.27 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 39.30% |
| Net Asset Value (NAV): | ₹15.95 per Equity Share |
Peer Group
- InfoBeans Technologies Ltd
- Innovana Thinklabs Limited
- Ksolves India Ltd
Systango Technologies IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Systango Technologies IPO Allotment Status
Check Systango Technologies IPO allotment standing on Bigshare web site URL. Click Here
Systango Technologies IPO Lead Managers
Company Address
Systango Technologies Limited
Third Floor (LHS),
STP-I Crystal IT Park, Ring Road,
Indore – 452010
Phone: +91 0731 2971030
Email: [email protected]
Website: http://www.systango.com/
Systango Technologies IPO FAQs
What is Systango Technologies IPO?
Systango Technologies IPO is am NSE SME IPO. They are going to increase ₹34.82 Crores through IPO. The difficulty is priced at ₹85 to ₹90 per fairness share. The IPO is to be listed on NSE.
When Systango Technologies IPO will open?
What is Systango Technologies IPO Investors Portion?
How to Apply the Systango Technologies IPO?
How to Apply the Systango Technologies IPO via Zerodha?
How to Apply the Systango Technologies IPO via Upstox?
How to Apply the Systango Technologies IPO via Paytm Money?
What is Systango Technologies IPO Size?
What is Systango Technologies IPO Price Band?
Systango Technologies IPO Price Band is ₹85 to ₹90 per fairness share.
What is Systango Technologies IPO Minimum and Maximum Lot Size?
What is Systango Technologies IPO Allotment Date?
What is Systango Technologies IPO Listing Date?
Note: The Systango Technologies IPO particulars are introduced formally. The IPO gray market premium (Systango Technologies IPO Premium) is up to date on the respective web page. You can examine our IPO gray market web page for each day updates.)
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– Source : IPOWATCH