The Systango Technologies IPO has begun on 02 March 2023. It will close on 06 March 2023. The Total IPO Size is 34.82 Crore. The company set its IPO price is 85-90 Rs Per Share. Basically, There are three basic categories in Systango Technologies IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs) 3) QIB
Systango Technologies is established in 2004.
Systango Technologies Limited engaged in the business of providing software solutions that enables companies to design, implement and manage their own customized digital platforms including Web2, Web3 and mobile applications with strong emphasis on data and analytics.
They are provide range of software solution services including like: website development, mobile app development (both for iOS and Android applications), web3 development, DeFi (Decentralized finance), data engineering, implementation of blockchain, cloud computing, digital marketing etc for companies across sectors such as Financial Services (FinTech), Hospitality, Fantasy Sports, Property Tech etc.
Check :- Upcoming SME IPO 2023
Peers
1) InfoBeans Technologies Ltd
2) Ksolves India Ltd
3) Innovana Thinklabs Limited
Systango Technologies IPO Promotors
1) Vinita Rathi
2) Nilesh Rathi
Systango Technologies IPO Date, Details & Price Band
| IPO Opening Dates | 02 March 2023 |
| IPO Closing Dates | 06 March 2023 |
| Price Band | 85-90 Rs Per Share |
| Fresh issue | 34.82 Crore |
| Offer for Sale | NIl |
| Total IPO size | 34.82 Crore |
| Minimum bid (lot size) | 1600 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 35% |
| Non-Institutional | 10% |
| QIB | 50% |
| Listing On | NSE SME |
Systango Technologies IPO Market Lot
The Systango Technologies IPO minimum market lot is 1600shares With 1,44,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 1600 | 1,44,000 Rs |
| Maximum | 1 | 1600 | 1,44,000 Rs |
| S-HNI (Min) | 2 | 3200 | 2,88,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | EPS | NAV | |
| 31-Mar-22 | 2,288.97 | 3,392.10 | 676.99 | 6.27 | 15.95 |
| 31-Mar-21 | 1,537.57 | 2,388.09 | 568.26 | 5.26 | 9.68 |
| 31-Mar-20 | 744.32 | 1,455.31 | 251.88 | 2.33 | 4.41 |
Systango Technologies IPO GMP Grey Market Premium
Systango Technologies IPO GMP Grey market premium has been started today. Check Latest Systango Technologies IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Systango Technologies IPO Prospectus
| DRHP | Download |
Systango Technologies IPO Reviews
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Systango Technologies IPO Form Download
Systango Technologies IPO is available on NSE Website as well as on our Portal. Please click here Systango Technologies IPO form Download.
Systango Technologies IPO Allotment Date & Details
| Allotment Date | 10 Mar 2023 |
| Initiation of refunds | 13 Mar 2023 |
| Transfer of shares to Demat accounts | 14 Mar 2023 |
| Listing Date | 15 Mar 2023 |
| Check Allotment Status | Click here |
Registrar of Systango Technologies IPO
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East) Mumbai – 400093, Maharashtra, India.
Telephone: +91 22 6263 8200; Facsimile: +91 22 6263 8299
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.bigshareonline.com
Contact Person: Babu Raphel
SEBI Registration Number: MB/INR000001385
CIN: U99999MH1994PTC076534
Systango Technologies Contact Details
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 Lead Managers
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai-400013, Maharashtra, India
Tel. No.: +91- 022- 49060000;
Fax No.: +91- 022- 22625991
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.hemsecurities.com
Contact Person: Ajay Jain
SEBI Regn. No. INM000010981