Sancode Technologies IPO Subscription Status [ Final ]

The Sancode Technologies IPO has begun on 31-Mar 2023. It will close on 06 Apr 2023. The Total IPO Size is 5.15 Crore. The company set its IPO price is 47 Rs Per Share. Basically, There are two basic categories in Sancode Technologies IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs)

Sancode Technologies is a software and product development company offering an API enabled platform and solutions that enable organizations to rapidly adopt powerful technology applications addressing their strategic business needs.

They Provide Services on Various area like 1) Digital transformation 2) Workflow automation 3) Artificial intelligence (AI) and Machine learning (ML) 4) Robotic Process Automation (RPA) and Data analytics 5) Metaverse and Web3 applications 6) System Integration.

The business has multiple revenue streams including from: 1) Sale of software products: one-time upfront license fees in relation to tech solutions and products deployed on-premise. 2) Annuity based revenue: recurring fees/charges from the following:• SaaS: subscription fees for licenses in relation to APIs and solutions deployed on cloud.• ATS/AMC: Charges for annual technical support and maintenance (including updates) of licenses, and installation. • Support: Charges for support and development services. 3) Sale of services: Milestone-based charges for implementation and development of white labeled or custom

Latest News Update: Sancode Technologies IPO Subscription Status Live
  • Sancode Technologies IPO subscribed 3.68 times, retail portion booked 3.39 times on day 4 day.
  • The NII 3.98 times Subscribed on day 4.

Sancode Technologies IPO Subscription Status

Day 1 (times) Day 2 (times) Day 3 (times) Day 4 (times)
NII 0.00 0.54 1.54 3.98
Retail 0.17 0.42 1.27 3.39
Total 0.09 0.48 1.41 3.68

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