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 established in 2016.
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
solutions.
Check :- Upcoming SME IPO 2023
Peers
There are no listed Companies in India which are focused exclusively on the segment.
Sancode Technologies IPO Promotors
1) Amit Vijay Jain
2) Khushboo Jain
3) Mihir Deepak Vora
4) ZNL Startup Accelerator LLP
Sancode Technologies IPO Date, Details & Price Band
| IPO Opening Dates | 31 Mar 2023 |
| IPO Closing Dates | 06 Apr 2023 |
| Price Band | 47 Rs Per Share |
| Fresh issue | 5.15 Crore |
| Offer for Sale | NIL |
| Total IPO size | 5.15 Crore |
| Minimum bid (lot size) | 3000 Shares |
| Face Value | 10 INR Per Share |
| Non-Institutional | 50% |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Sancode Technologies IPO Market Lot
The Sancode Technologies IPO minimum market lot is 3000 shares With 1,41,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 3000 | 1,41,000 Rs |
| Maximum | 1 | 3000 | 1,41,000 Rs |
| S-HNI (Min) | 2 | 6000 | 2,82,000 Rs |
Restated Financial Record of the two year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-20 | 330.45 | 43.08 | -112.98 |
| 31-Mar-21 | 313.96 | 159.74 | -26.17 |
| 31-Mar-22 | 349.87 | 244.81 | 75.12 |
| EPS (₹) | NAV (₹) | RoNW (%) | borrowings (Lakhs) | |
| 31-Mar-20 | (4.34) | 8.49 | (51.15) | 0.22 |
| 31-Mar-21 | (0.18) | 8.60 | (2.06) | 63.73 |
| 31-Mar-22 | 2.42 | 11.04 | 21.93 | 20.76 |
Sancode Technologies IPO GMP Grey Market Premium
Sancode Technologies IPO GMP Grey market premium has been started today. Check Latest Sancode Technologies IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Sancode Technologies IPO Prospectus
| DRHP | Download |
| RHP | Download |
Sancode Technologies IPO Reviews
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Sancode Technologies IPO Form Download
Sancode Technologies IPO is available on BSE Website as well as on our Portal. Please click here Sancode Technologies IPO form Download.
Sancode Technologies IPO Allotment Date & Details
| Allotment Date | 12 Apr 2023 |
| Initiation of refunds | 13 Apr 2023 |
| Transfer of shares to Demat accounts | 17 Apr 2023 |
| Listing Date | 18 Apr 2023 |
| Check Allotment Status | Click here |
Registrar of Sancode Technologies IPO
BIGSHARE SERVICES PRIVATE LIMITED
Office No S6-2, 6th floor Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves
Road, Andheri (East) Mumbai – 400 093, Maharashtra, India.
Telephone: 022 – 6263 8200 | Fax No. 022 6263 8280
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.bigshareonline.com
Contact Person: Swapnil Kate
SEBI Registration No.: INR000001385
Sancode Technologies Contact Details
Sancode Technologies Limited
107, Prime Plaza,
J.V. Patel Compound, B.M. Road,
Opp. Elphinstone Stn. Mumbai – 400013
Phone: 022-49622853
Email: [email protected]
Website: https://www.sancodetech.com/
Sancode Technologies IPO Lead Managers
SHRENI SHARES PRIVATE LIMITED
Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A, Survey No. A-12, Ram
Nagar, Borivali (West), Mumbai- 400 092, Maharashtra, India.
Telephone: +91-22-2808 8456
E-mail: [email protected]
Investors Grievance e-mail: [email protected]
Contact Person: Krunal Pipalia
Website: www.shreni.in
SEBI Registration Number: INM000012759